Amherst
Website:
amherst.com
Job details:
Amherst Overview
Amherst is a vertically integrated real estate investment, development, and operating platform, offering solutions across the U.S. real estate capital stack, including single-family residential (SFR), mortgage-backed securities (MBS), and commercial real estate (CRE). Amherst is headquartered in Austin, TX and New York, NY, in the United States, with regional global offices located in India and Costa Rica. Underpinned by proprietary technology, battle-tested data and mortgage model, and a deep understanding of U.S. real estate markets, Amherst’s vertically integrated platform seeks to provide investors a more efficient model to price, finance, and manage real estate with turnkey execution capabilities across the firm’s debt and equity strategies in the public and private residential, commercial, and mortgage-backed securities markets. Our Single-Family Residential strategy has quickly scaled over the last 10 years to own and operate 40,000+ homes in 30+ markets across 20 states while building a vertically integrated real estate investment and operating platform that manages approximately $18bn in assets. Across the SFR strategy, Amherst acquires, builds, renovates, leases, finances, manages, and disposes of homes on its own account and for its investors. Outside of the SFR strategy, Amherst is engaged in various strategic initiatives and venture businesses, including commercial real estate debt and equity (all things non-SFR) and mortgage-backed securities advisory. For Further information about The Amherst Group, kindly visit https://www.amherst.com/.
Department / Role Overview: Merchant Banking – Broker Pricing Opinion (BPO) Valuation Operations
The Amherst Merchant Banking business unit oversees investment management activities for Amherst, including the raising of new debt and equity capital, the formation of new ventures, the strategic acquisition and disposition of homes and the management and operation of Amherst’s portfolio investments. The Merchant Banking business unit collaborates closely with the other Amherst business units, including the Development and Operator business units, as part of the fully integrated Amherst platform.
The Amherst Merchant Banking division is seeking to expand it’s global footprint in Mumbai, India, with a goal of establishing a team of professionals working across multi-disciplinary functional areas in close collaboration with U.S.-based personnel.
Broker Pricing Opinion (BPO) Valuation Operations
The Role is within the Amherst’s Merchant Banking - Asset/Property Management, Real Estate Portfolio Valuations group. Amherst Residential, our single-family real estate investment division is seeking a strong Real Estate Valuation Analyst to join our team to assist in asset evaluation, overall portfolio valuations, and negotiation tactics. This requires strong communication skills, a desire to fight for our company's views on properties and negotiate with external clients/vendors.
Job Description (Role & Responsibilities) – What we offer:
- The Valuation Analyst will work with internal business unit leadership and business development functions to analyze and define key real estate projects or initiatives to support the group’s needs.
- The Valuation Analyst reviews Broker Price Opinions (BPO Reports), developed by real estate agents located near the property in all areas in which Amherst operates. Agents provide the BPO Report which involves personal inspections, photos, and a written report, including agent’s opinion of value. Evaluate BPO results for potential contestation or challenge
- A Valuation Analyst will focus on sold comparable property characteristics of single family homes including: square footage, level of property interior condition and renovation style, as well as location of sold properties in relation to Amherst homes -- to ensure a fair value for the subject
- Negotiate with outside real estate brokers and clients and negotiate real estate portfolio investment valuations .
- Research analysis of real estate property values within our marketplace for maximum return on investments and to optimize collateral valuations on Amherst credit lines
- Maintain and manage integrity of BPO-related data and books and records; Ability to Manage Amherst BPO Portfolio, Data analytics.
Qualifications:
- Education: Graduate/ bachelor’s degree / MBA with financial market understanding a plus
- Experience (0- 5 years) : Strong Analytical bent of mind (preferably but not necessarily in Real Estate segment) analyzing and comparing real estate products or services. Knowledge and experience working within Salesforce a plus. Prior Broker Price Opinion or real estate appraisal work experience a huge plus!
- Technical: Excellent understanding of MS Office Excel, PowerPoint, Data mgmt,tools, learning new systems
Amherst’s core values:
- Culture & Conduct: Positive attitude with high integrity. Agile in adapting to a dynamic environment with emerging datapoints.
- Client-Centricity & Business Acumen: Strong Team player, multiple internal/external stakeholders management,
- Communication & Connectivity: Strong written and verbal communication skills with clients and management.
- Execution & Delivery: Self-starter, Proactive, motivated, driven personality, Excellent organizational and time management skills.
Working Shift/ arrangement: US Shift (1:30 PM – 10:30 PM - IST), Flexible - Hybrid working model
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