This position performs standard level professional commercial appraisal work, competently and in a manner that is independent, impartial, and objective.
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.)
Principally responsible for assessment appeals and related reports, hearing preparation and expert witness testimony. 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 in the course of the appeals process. Acts as an advisor to these same parties as to the final disposition appeals.
Completes field work, data collection, and sketches for all commercial and industrial properties. This includes 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. Once structures reach full completion, identifies all characteristics per Marshall Valuation, applies market and income models, and calculates property values.
Completes field work and input for commercial vacant land. Conducts field inspections for: Subdivision infrastructure, agricultural use, and land attributes. Maintains existing LEAs, both base and Present Worth; recognize the need for new, and creates LEAs according to appropriate stratification. Values Land Economic Areas in reappraisal years. 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.
Conducts property review for omitted and incorrect information, quality control reports and classification concerns. Work may include in-person and telephone interaction with property owners. Provides education and information to property owners regarding statutory requirements and Assessor's Office process.
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. Provides support to Appeals team for all higher level appeals. Will regularly appear as an expert witness in high level property tax appeals. Will work with Assessor Administration, Appeals Administrator, County Attorneys office and other appraisal staff to administer the county's property tax appeals.
Analyzes valuation information from the three approaches to value and concludes an understandable and sound opinion of value. Generates and reviews quality assurance reports within CAMA system "canned" reports. Utilizes all available tools such as CAMA software, Excel, Pictometry, GIS, CoStar, and MLS to perform quality control on property characteristics and develop values. Researches and analyzes complex appraisal topics as they pertain to the valuation of commercial properties. Analyzes property sales and income and expense information extracted from the market and derives models by property type, age, location and class.
Works with customers to assess needs, provide assistance, resolve problems, and is committed to providing quality 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 without close supervision or detailed instruction. 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 past experience.
CONTACTS: This position has daily contact with co-workers (specifically Land and Personal Property Appraisers and Analysts), 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.
EDUCATION:Generally a high school diploma or GED equivalent, plus two years of college coursework in Business, Real Estate, Finance or related fields. Four years or more of professional appraisal experience may substitute for this education requirement. A Licensed Appraiser license is required, and the ability to meet continuing education requirements set by the state and the Douglas County Assessor's Office.
EXPERIENCE: Knowledge: Knowledge of Real Estate principles, practices, markets and values. Knowledge of building design, construction materials and methods. Understanding of the Sales Comparison, Cost and Income approaches to value, as well as the ability to apply this knowledge when composing appraisal reports for purposes of property appeals. Working knowledge of Microsoft Excel & Word, and Apex (or other sketching software),
Skills: (Language and math) Understanding of computer software, including Computer Assisted Mass Appraisal applications, file management, internet and e-mail use. Able to analyze and interpret profit/loss statements, rent rolls, income and expense statements and other financial documents. 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.
Abilities: (Reasoning) 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. 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; effectively deals with ambiguity.
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.
CERTIFICATES, LICENSES, AND REGISTRATIONS: A valid Colorado driver's license with a safe driving record is required. A Licensed Appraiser License is required initially; a Certified Residential Appraiser license is required within twelve months.
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.
The ability to successfully complete pre-employment screening including but not limited to: reference checks, criminal background, motor vehicle record check and drug screen is required.
MATERIAL & 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.
GENERAL WORK ENVIRONMENT: Work is performed in the field (including undeveloped vacant land, construction sites, and completed structures) and 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.