The Collateral Analyst/Appraiser, within the scope of delegated authority, conducts on-site appraisals and valuations of acquired properties and loan collateral (both real and chattel) including site inspections for environmental risks. Provides Farm Credit Mid-Americas’ Financial Officers and management adequate information to aid in their decision-making process. Develops and maintains comparable sales information.
Position can be located in Archbold or Delphos, Ohio.
TRAVEL REQUIREMENTS: 50%
Conducts on-site appraisals and valuations of loan collateral and acquired properties. Includes defining highest and best use, documenting area and property characteristics, identifying environmental risks, applying accepted valuation methods, supporting conclusions with written narrative, and documenting results in written appraisal reports.
Collects, investigate, document and maintain comparable sales information. Includes searching public records, verifying sale conditions, making property inspections, verifying financing terms, abstracting sale price, platting, and documenting results.
Analyzes comparable sales information to support land value trends, adjustment factors, depreciation rates, capitalization rates, and valuation methods. Communicates this information as required by association procedures.
Coordinates activities through the immediate supervisor to prioritize appraisal requests.
Conducts appraisal evaluation reviews and provides training as necessary in any area of deficiencies as noted.
Evaluates the impact of environmental risks. Includes, but is not limited to performing site inspections, owner interviews, and documenting findings in written appraisal reports.
Evaluates the impact of existing and proposed government programs regarding farming, taxes, zoning, and the environment on property valuations.
Represents and communicates the mission and values of Farm Credit Mid-America and complies with its conduct policy, security policy and confidentiality expectations.
Education and Experience
High School diploma and Licensed/Certified Residential or Certified General state license with at least two years of appraisal experience. -OR- Bachelor’s Degree in Agriculture, Business or related field. Work-related or education-related agricultural, rural or agribusiness experience is preferred. Demonstrated satisfactory experience in lending, real estate appraisals/review, real estate sales or related field is preferred. State license is preferred.
KNOWLEDGE, SKILLS AND ABILITIES:
Knowledge of: Farm programs, rural development, economics, laws and their implication on values, agricultural/rural enterprise analysis, production techniques, soils, cost of agricultural improvements, legal descriptions, zoning, environmental risks and other limitations of property rights. Real estate sales analysis techniques, including matched pairs, depreciation and income capitalization analysis. Appraisal valuation methods including sales comparisons, cost and income capitalization approaches.
Skills in: Communicating effectively in person, by phone, in writing; organizing work assignments, scheduling and managing time; organizing and analyzing information; drawing conclusions and making recommendations; using a computer and software programs; identifying factors that cause changes in the real estate market.
Ability to: Work independently with minimal supervision, use sound judgment, be a self-starter. Develop analytical processes to solve appraisal problems. Research the market to locate reliable information to support specialized complex appraisals. Provide appraisal training when needed.