Description
GROUNDFLOOR is seeking a Real Estate Valuation Manager to join our fast-growing Lending Operations team. The Real Estate Valuation Manager will be responsible for the valuation of residential real estate investments, including managing all aspects of the appraisal management process as well as applying real estate knowledge to estimate reasonable market-supported assumptions that are in line with GROUNDFLOOR's lending policy and guidelines. He/she will be responsible for maintaining excellent working relationships with GROUNDFLOOR peers, all third-party vendors, and any joint venture partners.
GROUNDFLOOR is headquartered in Atlanta, GA; Open to hiring a great candidate out of any of the following locations:
Atlanta, Greenville, Charlotte, Greensboro, Raleigh-Durham, Jacksonville, Orlando, Tampa, Miami, Birmingham, Montgomery, Memphis, Nashville, Houston, Austin, Fort Worth, Indianapolis, St. Louis, Kansas City, Oklahoma City, Columbus, Cleveland, Richmond, Virginia Beach, Louisville, Lexington, Wichita
Key Responsibilities:
-
Derive real estate values for investment based on, consolidated reviews of third-party valuations, recent comparable transactions, market conditions and the marketability of asset collateral, and various related market reports.
-
Review renovation budgets, construction plans, purchase and renovation history, and other planned property enhancements relevant to the transaction to determine and substantiate After Repair Values (ARVs).
-
Analyze data and trends to proactively identify current market values and make accurate valuations on an assortment of different product types and price points in residential real estate markets.
-
Independently gather data pertinent to the transaction through direct and broker sales channels.
-
Prepare and review of financial models and underwriting for investments in real estate
-
Performs on-going analysis and audits on valuation decisions made during both the loan origination process as well as servicing.
-
Master existing company technology and assist in identifying, evaluating and implementing new technology tools to enhance the modeling, analysis and reporting of financial information.
Position Requirements:
-
3-5 years of prior experience in the real estate industry (Valuation, Asset Management, Underwriting, Acquisitions)
-
Strong project management skills: setting team/client deliverable goals, managing deadlines, communicating at-risk tasks.
-
Must demonstrate financial acumen, research and analytical skills, strong problem-solving skills and quantitative abilities
-
Independent worker who enjoys an entrepreneurial, startup environment.
-
Experience working in real estate and understanding true market value, BPO experience, and/or past REO account management is preferred
-
Bachelor of Science/Business Administration in Mathematics, Finance, Accounting, Economics, Business Management (with a concentration in Finance or Real Estate), MS in Finance, MS in Real Estate or MBA from an accredited college or university
-
Demonstrated leadership experience and strong personal integrity
-
Excellent written and verbal communication skills that help represent diverse communities
Benefits
We value our employees’ time and efforts. Our commitment to your success is enhanced by our competitive compensation and extensive benefits package including paid time off, medical, dental, and vision benefits, potential equity for strong candidates, and future growth opportunities within the company. Plus, we work to maintain the best possible environment for our employees, where people can learn and grow with the company. We strive to provide a collaborative, creative environment where each person feels encouraged to contribute to our processes, decisions, planning, and culture.
GROUNDFLOOR is an equal opportunity employer and all qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, sex, national origin, disability status, protected veteran status, sexual orientation, gender identity, or any other characteristic protected by law
About GROUNDFLOOR
Since its launch in 2013, participants in GROUNDFLOOR’s real estate loans have earned annualized returns averaging 10 to 12 percent in a 6 to 12-month timeframe. No prior real estate knowledge is needed, and the $10 minimum is intentionally a low barrier to entry to give everyone the ability to build wealth in real estate. To date, GROUNDFLOOR remains the only platform offering direct participation in individual real estate investments to all on a broad scale, regardless of income or net worth.
Headquartered in Atlanta, GROUNDFLOOR has raised over $26 million equity capital from a variety of sources, including venture capital and its own online public offerings (IPO). Currently, the company is 23 percent customer-owned with over 4,000 individual shareholders.
Experience
2+ to 5 years
This job is no longer active.