This position performs professional commercial appraisal work, competently and in a manner that is independent, impartial, and objective. Duties include gathering and analyzing descriptive data to determine the classification and value of real property for assessment purposes, land records management in accordance with industry standards, and preparing for and participating in property appeals.
Classification (level) and compensation are based on qualifications and experience. This position is posted as open until filled, review of applications will begin immediately and continue until a suitable candidate is selected.
Examples of Duties
The following examples are illustrative only and are not intended to be all inclusive. The Assessor reserves the right to modify or change the duties or essential functions of this job at any time.
Completes field work, data collection, and sketches for all commercial and industrial properties, including both the physical inspection and blueprint review of a project. Monitors project progress and percentage of completion, including core and shell and any tenant finish. Identifies all property characteristics, applies valuation models, and calculates property value according to the cost, market and income approaches to value.
Completes field work, data collection and valuation of commercial vacant land. Conducts field inspections for subdivision infrastructure, agricultural use, and land attributes. Maintains existing Land Economic Areas (LEAs); recognizes the need for and creates new valuation areas according to appropriate stratification. Applies appropriate Present Worth Discounting methodology annually.
Completes all assigned Sales Verification including MLS / Costar review, research with buyers and realtors, field review, sale validation and input.
Applies appropriate procedures and methodologies for the Income approach to value for each type of property:Collects property specific data on rental rates, vacancy, and expenses. Conducts a complete research of the market and calculates appropriate capitalization rates. Applies income, expense and cap rate information in CAMA system to calculate income approach value.
Completes all written, electronic and in-person Protest appeals as assigned.
Participates in County Board of Equalization hearings; completes Summary Appraisal Reports (utilizing the three approaches to value) for CBOE appeals and Abatements.
Completes USPAP compliant real property appraisal reports, considering all approaches to value, for higher level appeals. Acts as an expert witness is the defense and support of such appeals including Boards of Assessment Appeals, Arbitrations, and District Court cases. Works closely with the Appeals Administrator, Commercial Appraisal Supervisor, Assessor Administration, and County Attorney's Office during the appeals process.
Generates and reviews quality assurance reports for classification concerns, omitted and incorrect information. Utilizes all available tools such as CAMA software, Excel, Pictometry, GIS and CoStar, to perform quality control on property characteristics and develop values.
Provides education and information to property owners regarding statutory requirements and process, including frequent in-person and telephone interaction with property owners. Works with customers to assess needs, provide assistance, resolve problems, and is committed to providing quality customer service.
Performs other duties as assigned.
SUPERVISION RECEIVED: Under normal supervision, within a standardized work situation, the employee performs duties common to the line of work. Work product is subject to continual review.
SUPERVISORY RESPONSIBILITIES: This position does not directly supervise other employees.
CONSEQUENCE OF ERROR: Consequence of error may result in the incorrect assessment of property value resulting in loss of revenue to the county, or inequity to the taxpayer. Incorrect property values carry the added expense of defending values at all levels of appeal. Inaccurate property values adversely impact public perception of local government.
INDEPENDENT JUDGMENT: Apply independent judgment to tasks based on knowledge, training, and experience.
CONTACTS: This position has daily contact with co-workers, supervisors and regular substantial contact with property owners, tax agents, realtors, developers, builders, appeal referees, arbitrators, municipal building and planning departments, and Division of Property Taxation staff.
A bachelor's degree from an accredited university in a field related to real estate, such as business, finance, accounting, real estate, planning, engineering, construction or architecture, OR an equivalent combination of education and experience.
The ability to meet continuing education requirements set by the State of Colorado BOREA, Division of Property Taxation and the Douglas County Assessor's Office.
Has completed the minimum educational requirements set forth by the State of Colorado for an Ad Valorem Appraiser license.
Four years of professional appraisal experience in private and/or public sector, including significant direct ad valorem experience, and advanced knowledge of real estate principles, practices and markets.
Knowledge of building design, engineering, construction materials and methods
Understanding of the Sales Comparison, Cost and Income approaches to value, as well as the ability to apply this knowledge in advanced analysis techniques and when composing appraisal reports for purposes of property appeals on complex property.
Skills and Abilities
General but intermediate or better understanding of computer software and technology, including Computer Assisted Mass Appraisal applications, file management, internet, email use, networking, database and spreadsheet applications, HP12C or equivalent, as well as other technology generally used by the real estate industry.
Working knowledge of the Microsoft Office Suite including the ability to apply advanced techniques in spreadsheet, database and word processing applications. Advanced ability to work with, manage and analyze data is required.
Able to correctly and efficiently produce Apex sketch files, from scratch, on complex real property.
Able to understand, analyze and interpret balance sheets, profit/loss statements and cash flow reports, rent rolls, income and expense statements, and other financial documents related to realty. Able to solve practical problems by appropriately choosing from a variety of mathematical techniques.
Expresses ideas and facts to individuals or groups in a succinct and organized manner, listens to others and facilitates an open exchange of ideas. Recognizes and uses correct English grammar, punctuation and spelling; produces written information that is appropriate for the intended audience.
Makes sound, well informed, and objective decisions; perceives the impact and implications of decisions; commits to action to accomplish goals; embraces change. Able to solve practical problems by appropriately choosing from a variety of mathematical techniques.
Identifies problems; determines accuracy and relevance of information; uses sound judgment to generate and evaluate alternatives, and to make recommendations.
Is open to change and new information; adapts behavior and work methods in response to new information, changing conditions or unexpected obstacles.
Integrity / Honesty
Contributes to maintaining the integrity of the organization; displays high standards of ethical conduct and understands the impact of violating these standards on an organization, self and others; is trustworthy.
Sets well-defined and realistic individual goals, displays a high level of initiative, effort and commitment towards completing assignments in a timely, accurate manner; is motivated to achieve; demonstrates responsible behavior.
CERTIFICATES, LICENSES, AND REGISTRATIONS: A valid Colorado driver's license with a safe driving record is required. A State of Colorado Ad Valorem Appraisal License, or comparable, is required. A Certified General Appraisal License is preferred.
OTHER SKILLS and ABILITIES: Skill in establishing and maintaining effective working relationships with other employees, organizations and the public. Consistently demonstrates a level of proficiency performing the Essential Duties of this job classification.
Equipment: The employee is required to operate a computer, digital cameras, cell phones, laser measuring tools, tape measures, read and interpret maps and blueprints, and drive a county provided vehicle.
Physical Demands: This job regularly requires the employee to visit construction sites, negotiate rough terrain and climb stairs during on-site inspections in the field. While performing the duties of this job, the employee is regularly required to sit and use office equipment, operate a motor vehicle. The employee is regularly required to talk and hear. Specific vision abilities required by this job include close vision and the ability to adjust focus.
Work Environment: Work is performed in the field (including undeveloped vacant land, construction sites, and completed structures) as well as in a typical office environment. Field work requires exposure to weather elements, construction hazards and other adverse conditions.
In the event of an emergency/disaster in or near the County, all County employees are expected to make every effort to be available to assist the County Manager, Elected/Appointed Officials and Department Directors to ensure the continued operation of any and all necessary County functions. This may mean being available to perform additional duties and hours beyond what is normally required. In the event that an exempt employee does work more than 40 hours a week in support of County operations during an emergency, such employee may receive overtime or other appropriate wage compensation in accordance with existing County policies or at the discretion of the County.