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Staff Appraiser

Company Description

ARE YOU READY TO WORK AT ALTISOURCE?

If so, nice to meet you; We are Altisource! We are seeking energetic, highly skilled self-starters who thrive in a dynamic and fast-paced environment. We can offer you an exciting career with meaningful work and great colleagues as well as many development opportunities.

Altisource® is a provider of services focused on high-value, knowledge-based functions principally related to real estate and mortgage portfolio management, asset recovery and customer relationship management. Utilizing integrated technology that includes

Job Summary

The Staff Appraiser is responsible for analyzing and reviewing residential and commercial Appraisal and BPO’s, to ensure their alignment with regulatory and legal requirements. The analyst will provide insights into the reports submitted by the vendors and communicate with them in situations where they do not agree with valuations provided by the vendor. They will also need to communicate with clients, when required, advising on order status or following up on additional requirements needed to be fulfilled, if any, for the order to be delivered.

Job Description

 

What Do You Get to Do? 

  • Perform detailed quality check reviews and analysis on all types of residential and commercial appraisal reports prepared by vendors/appraisers and to ensure these appraisals meet applicable standards, guidelines, and techniques for compliance with current policies, procedures, applicable laws, and regulations
  • Complete exterior and interior residential appraisal order reviews, collaborating with internal and external customers to ensure seamless customer service
  • Stay current on appraisal regulations as well as in legal matters in the Real Estate industry, ability to provide Coaching and training to fellow colleagues to improve ability to review work from Appraisers/Vendors.
  • Collaborate with colleagues onshore and offshore
  • Must have the ability to communicate with team members, vendor, clients, and upper management in a professional manor.
  • Provide reviewing assistance on queries raised by onshore and/or offshore teams
  • Assist the Chief Appraiser and LOB management with related tasks and projects
  • Execute any additional task as assigned by Line of Business Management
  • Serve as an escalation point on technical and service-based concerns raised by clients and quickly/efficiently address and resolve escalated issues utilizing tracking tools 
  • Keep track of ongoing open order count, and ensure proper allocation of work and alignment with vendors’ capacity to complete within SLAs and quality expectations from both a transactional level and trend analysis level
  • Working knowledge of valuations operations,
  • Experience in use of Order Management Systems like EVO is an added benefit
  • The ability to communicate effectively and work through challenges in tight timelines 

Qualifications

What You’ll Need To Have

  • Bachelor’s degree in Finance, Business, Economics, or a related field (Master's degree preferred).
  • At least 3-5 years of experience in appraising 
  • Strong understanding of financial principles, risk management, and appraisal documents and reviews. 

Additional Information

PERKS OF WORKING AT ALTISOURCE 

Prosperity 

  • Competitive base salaries - we believe the top talent deserves the top dollar!   
  • 401k plans with company matching – we want to empower you to foster your career, and prepare for retirement 

Good Health 

  • Comprehensive Medical, Dental, and Vision insurance plans 
  • Tax-free Flexible Spending Account 
  • Life insurance, short-term, and long-term disability 

...And Happiness! 

  • Paid holidays, plus 19 days of accrued PTO for a total of 28 paid days off per year 
  • Free snacks, drinks and coffee 
  • Lots of employee engagement activities both offsite (examples include family cricket/football games, annual company celebrations and happy hours) and onsite (examples include office stress buster events, holiday parties, and quarterly Living our Values celebrations) 
  • Opportunities for you to join our community service initiatives, including Habitat for Humanity 

Are you up to the challenge? Apply today! 

Reach out to our Talent Acquisition Team directly at working@altisource.com if we can be of any assistance. 

At Altisource we value diversity, and are proud to be an equal opportunity workplace. We do not discriminate against any employee or applicant for employment on the basis of race, religion, color, sex, national origin, gender identity and/or expression, sexual orientation, age, marital status, veteran status, or disability status. 

 

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CEO of Altisource
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William B. Shepro
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Average salary estimate

$80000 / YEARLY (est.)
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$70000K
$90000K

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What You Should Know About Staff Appraiser, Altisource

If you're on the lookout for an exciting new challenge in the world of real estate, then the Staff Appraiser position at Altisource might just be the perfect match for you! At Altisource, we seek energetic and highly skilled self-starters who excel in dynamic environments. As a Staff Appraiser, you'll analyze and review residential and commercial appraisals and BPOs, ensuring they line up with regulatory and legal requirements. You will provide valuable insights into reports submitted by vendors and engage in constructive communication when discrepancies arise. The role will involve performing detailed quality checks on all types of appraisal reports while collaborating closely with internal teams to deliver seamless customer service. Staying up-to-date with appraisal regulations in the real estate industry is key, as you may also train and coach your teammates to enhance their skills. Additionally, you will serve as a crucial escalation point for any technical or service-based issues raised by clients. Here at Altisource, we champion a collaborative culture, and we genuinely value diversity in our workplace. With a notable benefits package and ample opportunities for professional development, the Staff Appraiser role promises not just a job, but a thriving career. So, if you have a passion for appraisal and a desire to make a significant impact, we’d love to hear from you!

Frequently Asked Questions (FAQs) for Staff Appraiser Role at Altisource
What are the main responsibilities of a Staff Appraiser at Altisource?

As a Staff Appraiser at Altisource, your primary responsibilities include conducting thorough quality reviews of residential and commercial appraisal reports and ensuring they meet relevant standards and legal requirements. You'll also maintain open lines of communication with vendors, clients, and team members to ensure smooth operations and compliance with policies.

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What qualifications do I need to apply for the Staff Appraiser position at Altisource?

To apply for the Staff Appraiser position at Altisource, you should hold a Bachelor’s degree in Finance, Business, or Economics; a Master’s degree is preferred. Additionally, having 3-5 years of experience in appraising is essential, as well as a strong grasp of financial principles and appraisal reviews.

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How does Altisource support the professional growth of Staff Appraisers?

Altisource is committed to the professional growth of its Staff Appraisers through various development opportunities, including onboarding training, mentorship programs, and the chance to coach fellow colleagues. Altisource encourages continual learning to help you advance in your career.

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What tools and systems will I use as a Staff Appraiser at Altisource?

In the role of Staff Appraiser at Altisource, you will utilize Order Management Systems like EVO to track and manage appraisal orders. Familiarity with appraisal software and tools will enhance your efficiency in performing reviews and quality checks.

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What benefits does Altisource offer to Staff Appraisers?

Staff Appraisers at Altisource enjoy a robust benefits package, including competitive salaries, 401k plans with company matching, comprehensive health insurance, and 28 paid days off per year. Additional perks include employee engagement activities and opportunities to participate in community service initiatives.

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Common Interview Questions for Staff Appraiser
How do you ensure compliance with appraisal regulations?

To ensure compliance with appraisal regulations, I stay updated on legal requirements by regularly reviewing industry guidelines and attending training sessions. I also double-check appraisal reports against these standards during my review process.

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Can you describe your experience with order management systems?

I have hands-on experience with order management systems, particularly in tracking appraisal orders, which has been essential in maintaining organized workflows and ensuring timely submissions. Familiarity with systems like EVO allows me to manage tasks efficiently.

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How would you handle a disagreement with a vendor about a valuation?

In handling a disagreement with a vendor about a valuation, I would first review the data supporting both positions. I would then approach the vendor respectfully to discuss findings, aiming to find a consensus while remaining compliant with appraisal standards.

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Describe your approach to training and coaching team members.

My approach to training involves hands-on mentoring, allowing team members to observe my review process and providing constructive feedback. I believe in fostering an open environment where questions are encouraged to facilitate learning.

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What methods do you use to maintain effective communication with clients?

To maintain effective communication with clients, I prioritize regular updates on appraisal statuses and ensure that any queries they have are addressed promptly. This transparent approach builds trust and ensures clients feel valued.

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How do you manage tight deadlines in your appraisal reviews?

Managing tight deadlines requires strong organizational skills and prioritization. I break down tasks into manageable steps and set clear timelines, allowing me to focus on quality while meeting urgency.

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What steps would you take if you identified an inconsistency in an appraisal report?

Upon identifying an inconsistency in an appraisal report, I would cross-reference it with market data and documentation. Communication with the vendor for clarification and a proposed resolution is also vital before making final decisions.

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How do you stay current with changes in the real estate industry?

Staying current with changes in the real estate industry involves regularly reading industry publications, attending webinars, and networking with professionals. This ensures that I understand the latest trends and regulations affecting appraisals.

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Why do you want to work as a Staff Appraiser at Altisource?

I am eager to work as a Staff Appraiser at Altisource because of the company’s commitment to quality and professional development, as well as its focus on innovation in real estate. I believe my skills will contribute to Altisource's mission while also allowing me to grow.

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What is your experience with residential and commercial appraisal reports?

I have substantial experience working with both residential and commercial appraisal reports, ensuring they comply with applicable standards. This dual experience enhances my ability to assess diverse property types and their respective market nuances.

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Altisource (Nasdaq: ASPS) is a leader in providing services and technology for the mortgage and real estate industries. With innovation as a guiding principle and a focus on compliance and exceptional service, we provide end to end solutions in or...

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Full-time, on-site
DATE POSTED
December 25, 2024

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