Position Commercial Real Estate Valuation Associate (Trainee Development Program)
Location This position will be based in our west Houston office. Initial training will take place at our Chicago headquarters.
Job Description NPV Advisors currently has an opening for a Commercial Real Estate Valuation Associate (Trainee Appraiser). This is a full-time position and the successful applicant will be placed in our 18-to-24 month apprenticeship program. Upon completion of the program, associates roll to fee-split appraisal positions within the firm.
Trainee Appraisers are mentored by a principal or director and gain exposure to the appraisal delivery and reporting process in a comprehensive, stepwise manner. At NPV Advisors, trainees gain familiarity in the appraisal of a wide array of property types with various levels of complexity, from industrial warehouses to trophy/landmark assets throughout the country. All of our trainees are fully sponsored by a supervisory appraiser and concurrently enroll in courses at the Appraisal Institute to work toward licensing and state certification.
Our training process is designed to identify and cultivate those who have the dedication and drive to rise to senior-level positions within our firm. Successful candidates will be open to moderate levels of travel, display comfort in research, analysis, and report writing, and will thrive in a fast-paced, team-oriented environment.
Assist senior appraisal staff in the preparation and drafting of narrative real estate appraisal reports
Conduct preliminary research on property fundamentals, analyze operating expense information, and abstract leases
Research and analyze comparable leases and sales
Conduct market surveys
Utilize Argus to input assumptions, property information, and analyze cash flows for income-producing assets
Work toward general certification
Bachelor's degree or higher from an accredited college or university
1 to 3 years of prior real estate or finance experience
Experience with Argus Enterprise or DCF preferred
Strong analytical ability
High level of attention to detail
Ability to write in clear, concise language
Strong verbal and written communication skills
Proficiency with Microsoft Word and Excel
Must be able to attend training in Chicago
Additional Salary Information: Our appraiser trainees are salaried with bonus potential. Upon completion of the trainee program they roll to competitive fee split appraiser positions.
About National Property Valuation Advisors
NPV Advisors is one of the largest commercial real estate valuation and advisory firms in the nation. Our firm is recognized as a premier advisor to institutional organizations, private investors, and lenders. We work nationwide and offer a full range of real estate appraisal and counseling services for all property types.
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