COMMERCIAL REAL ESTATE APPRAISER ANALYST I
Employment Type : Full-Time
SUMMARY: This position involves the valuation of commercial real estate for ad valorem purposes through the application of standard appraisal techniques, including the sales comparison, income, and cost approaches. Work is performed under the supervision of the Manager, Commercial Real Estate Assessment. Position is also under the oversight of the Assistant Property Appraiser/Chief of Staff and guidance of the Property Appraiser.
DUTIES AND RESPONSIBILITIES: The duties of the Commercial Real Estate Appraiser Analyst I may include, but are not limited to the following:- Participate in the collection, analysis and review of commercial property data located in Orange County, FL.
- Analyze and reconstruct income and expense statements upon adherence to confidentiality and non-disclosure obligations.
- Inspect, review, and reconcile property sales in compliance with Florida Department of Revenue (DOR) standards, as measured by the sales ratio analysis of the tax roll.
- Perform commercial real estate research, including comparable sales data, comparable income, and expense data, as well as market trends and market derived overall capitalization rates data.
- Develop and perform necessary mass income updates into the computer-assisted mass appraisal system and verify the accuracy and validity of resulting changes to value.
- Review commercial properties with owners or their representatives; make value adjustments, when warranted, and justify the changes.
- Prepare parcel splits and combinations within their assigned property types with correctness with respect to technical and valuation aspects.
- Responds to citizen and other inquiries timely and accurately while communicating the position of the Property Appraiser in a positive, uniform, and consistent manner.
- Prepare Property Appraiser Office Value Adjustment Board (VAB) evidence packages and appear before the VAB to explain and defend assessments. Assemble supporting appraisal data and appear as an expert witness or give testimony during litigation proceedings.
- May be required to conduct damage assessment in coordination with federal and state emergency management offices during the aftermath of local disasters, such as hurricanes or tornadoes. Contingencies such as these may require after-hours or weekend duty.
- Performs other duties as assigned. Duties, responsibilities, and activities may change at any time with or without notice.
- Performs other related duties as assigned by management.
SUPERVISORY RESPONSIBILITIES:- This position does not have any direct reports.
SKILLS AND QUALIFICATIONS:- A minimum of a bachelor's degree from a four-year college or university is required. A major in business administration, real estate, finance, accounting, or economics is preferred.
- A Master’s Degree in Real Estate may substitute for up to one (1) year of relevant work experience.
- Certificates, licenses, and registrations required: None are required. However, preference will be given to those holding a state appraiser certification or trainee registration and those holding the CFE designation from the DOR.
- Computer skills required: Microsoft Office software; including Outlook, Excel, Word, Teams
- The professional designation of Certified Florida Evaluator (CFE) is required or must be obtained within a three-year period, given course availability. The employee is eligible to begin the CFE designation process following successful completion of the six-month introductory period and will be eligible for CFE incentive pay upon successful completion of the program.
- May be required to become a Certified Emergency Responder for emergency Damage Assessment purposes. May volunteer to staff the Emergency Operations Center (EOC) or Field Operations Center (FOC) during emergency situations.
- Ability to read and interpret maps, blueprints, plats, and aerial photos.
- Geographical competency of the real estate market in the Orlando Metropolitan Statistical Area (MSA) is preferred.
- Ability to research and interpret terms of sales for qualification.
- Ability to render identifications and technical descriptions concerning structural features, construction methods, and quality of construction.
- Bi-lingual in English/Spanish preferred; but not required.
COMPETENCIES:- Diversity - Demonstrates knowledge of EEO policy; Shows respect and sensitivity for cultural differences; Educates others on the value of diversity; Promotes a harassment-free environment; Builds a diverse workforce.
- Ethics - Treats people with respect; Keeps commitments; Inspires the trust of others; Works with integrity and ethically; Upholds organizational values.
- Adaptability - Adapts to changes in the work environment; Manages competing demands; Change’s approach or method to best fit the situation; Able to deal with frequent change, delays, or unexpected events.
- Analytical - Synthesizes complex or diverse information; Collects and researches data; Uses intuition and experience to complement data; Design’s workflows and procedures.
- Customer Service - Manages difficult or emotional customer situations; Responds promptly to customer needs; Solicits customer feedback to improve service; Responds to requests for service and assistance; Meets commitments.
- Dependability - Follows instructions, responds to management direction; Takes responsibility for own actions; Keeps commitments; Commits to long hours of work when necessary, to reach goals; Completes tasks on time or notifies appropriate person with an alternate plan.
- Initiative - Volunteers readily; Undertakes self-development activities; Seeks increased responsibilities; Takes independent actions and calculated risks; Looks for and takes advantage of opportunities; Asks for and offers help when needed.
- Problem Solving - Identifies and resolves problems in a timely manner; Gathers and analyzes information skillfully; Develops alternative solutions; Works well in group problem solving situations; Uses reason even when dealing with emotional topics.
- Professionalism - Approaches others in a tactful manner; Reacts well under pressure; Treats others with respect and consideration regardless of their status or position; Accepts responsibility for own actions; Follows through on commitments.
- Quality - Demonstrates accuracy and thoroughness; Looks for ways to improve and promote quality; Applies feedback to improve performance; Monitors own work to ensure quality.
- Quantity - Meets productivity standards; Completes work in timely manner; Strives to increase productivity; Works quickly.
- Teamwork - Balances team and individual responsibilities; Exhibits objectivity and openness to others' views; Gives and welcomes feedback; Contributes to building a positive team spirit; Puts success of team above own interests; Able to build morale and group commitments to goals and objectives; Supports everyone's efforts to succeed.
- Technical Skills - Assesses own strengths and weaknesses; Pursues training and development opportunities; Strives to continuously build knowledge and skills; Shares expertise with others.
- Written Communication - Writes clearly and informatively; Edits work for spelling and grammar; Varies writing style to meet needs; Presents numerical data effectively; Able to read and interpret written information.
PHYSICAL DEMANDS AND WORK ENVIRONMENT: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions:
The employee is required to frequently stand, walk, sit, utilize hand, and finger dexterity, climb, balance, bend, stoop, kneel or crawl and required to talk or hear.- While performing the duties of this job, the noise level in the work environment is usually moderate.
- The employee must frequently lift and /or move more than 20 pounds.
- Specific vision abilities required by this job include: Close vision; Distance vision; Color vision; Peripheral vision; Depth perception and ability to adjust focus.
SPECIAL WORKING CONDITIONS: All county employees may be called upon to assist other departments in a declared emergency situation (i.e., Hurricane).
SPECIAL PROVISIONS: While employed by the Orange County Property Appraiser, must not for gratis or for compensation: engage in any real estate activities such as, but not limited to, buying, selling, or acting as a broker for others; appraise property; sell OCPA computerized database information; engage in any outside computer programming or consulting. Employees and members of their household may not own or hold financial interest in an appraisal business.
AT WILL STATEMENT: Employment at the Orange County Property Appraiser’s Office is on an “at-will” basis. It may be terminated at any time, with or without cause by either the employee or employer. It is not guaranteed, contracted, or promised for any length of time. No person other than the Orange County Property Appraiser has the authority to alter the at-will status of your employment or to enter any employment contract with you. The Orange County Property Appraiser reserves the right to change, amend or revoke rates of pay, terms and conditions of your employment and job offers at any time.