CBRE Jobs

Valuation Associate

Job ID

168540

Posted

14-Jun-2024

Service line

Advisory Segment

Role type

Full-time

Areas of Interest

Valuations/Appraisal

Location(s)

Toronto - Ontario - Canada

About the job:

CBRE's Retail Valuation Team in Toronto, is hiring a Valuation Associate to support the team in preparing market value appraisals for institutional level clients. The ideal candidate will have prior real estate experience with strong writing and research skills. Preference will be given to those who have taken an active interest in the appraisal profession and are a candidate member of the Appraisal Institute of Canada. Additional course work and membership to the Appraisal Institute of Canada will be expected while working towards an AACI designation.

What the Valuation Associate will do:

Conduct extensive research and appraisal support tasks such as preparing analysis on relevant market sales and lease transactions.

Prepare written market value reports from cover to cover with substantial analytical guidance of a senior team member.

Conduct interviews with market participants to stay apprised on current trends and developments in the local market place.

Conduct research and collect data from both internal database and third party sources with respect to market rental rates, market sales and lease transactions, development applications and general market knowledge.

Perform property inspections (including the occasional out of town assignment).

Maintain internal database systems.

Utilize Argus (discounted cash flow software) and 3rd party databases to compile data for appraisal report.

What we're looking for:

To perform this job successfully, an individual must be able to perform each essential duty to a high standard. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education & Experience

Undergraduate degree from a recognized post-secondary institution, while experience in the real estate industry and specifically within the appraisal field being considered ideal. Consideration will also be given to applicants with financial underwriting experience and basic knowledge of Argus.

Certification & Designation

The successful applicant is expected to be at a trainee level and on track to becoming a professional appraiser. Additional course work and membership to the Appraisal Institute of Canada will be expected while working towards an AACI designation.

Communication Skills

Excellent written and verbal communication skills. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information.

Financial Knowledge

Requires average knowledge of financial real estate terms and principles. Basic understanding of approaches to value of real estate assets.

Reasoning Ability

Ability to understand and carry out general instructions in standard situations. Ability to solve problems in standard situations. Requires intermediate analytical and quantitative skills.

Other Skills & Qualifications

Advanced knowledge of Microsoft Office including MS Word, Excel and PowerPoint.

Familiarity with Argus (DCF) and Argus Enterprise is an asset.

Valid drivers’ license with a reliable mode of transportation.

CBRE, Inc. is an Equal Opportunity and Affirmative Action Employer (Women/Minorities/Persons with Disabilities/US Veterans)