Job Information
Cushman & Wakefield Director of Valuation in Washington, District Of Columbia
Job Title
Director of Valuation
Job Description Summary
The Director of Valuation (DOV) within Valuation and Advisory (V&A) works in conjunction with the Market Lead and Quality Control Lead to run a geographical region. The DOV will be responsible for overseeing the valuation process in a specific region to improve the quality and timeliness of reports and increase the overall consistency of the V&A deliverables. The DOV oversees the region’s operations, ensuring deadlines are met. This individual will be responsible for overseeing a team of skilled appraisers, fostering a collaborative and results-driven work environment, and contributing to the strategic direction of the company. This position will also take an active role and serve as a V&A representative with the Appraisal Institute (locally and nationally) and work with local leaders to build and develop the appraiser team.
Job Description
KEY RESPONSIBILITIES
Responsible for the following:
Team Leadership
Lead, mentor, and inspire a team of valuation professionals.
Foster a culture of continuous learning, professional development, and teamwork.
Provide guidance on complex appraisal assignments and ensure consistency in methodology.
Operational Oversight
Oversee the day-to-day operations of the region’s valuations, ensuring efficiency and adherence to industry standards.
Implement and optimize appraisal processes to enhance productivity and accuracy.
Collaborate with other departments to streamline workflows and improve overall service delivery.
Client Engagement
Act as a primary point of contact for key clients, addressing their valuation needs and maintaining strong client relationships.
Collaborate with client relationship manager (SPOC) to identify opportunities for expanding client engagements.
Market Analysis
Stay abreast of industry trends, market dynamics, and regulatory changes affecting commercial real estate valuation.
Provide insights and recommendations to senior leadership based on market analysis.
Strategic Planning
Contribute to the development and execution of the company's strategic plan for growth and market expansion.
Identify opportunities for service enhancements, technology adoption, and process improvements.
JOB REQUIREMENTS & QUALIFICATIONS
Education:
Bachelor's degree in Real Estate, Finance, Business, or a related field.
Advanced degree or professional certification (MAI, MRICS, etc.) preferred.
Previous Experience:
7+ years of experience in an organization with expertise in valuation
7+ years of experience across real estate platforms and in delivering integrated client services
5+ years of management experience
Targeted Competencies
In-depth knowledge of USPAP, FIRREA, client requirements, and other regulatory items
Strong managerial skills
Substantial client experience skills
Knowledge of the local markets and clients
Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work. In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.
The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidate’s experience and qualifications.
The company will not pay less than minimum wage for this role.
The compensation for the position is: Salary + Bonus/Commission. Total earnings are expected to be $200,000 - $300,000 annually
Cushman & Wakefield is an Equal Opportunity employer to all protected groups, including protected veterans and individuals with disabilities. Discrimination of any type will not be tolerated.
In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or email HRServices@cushwake.com . Please refer to the job title and job location when you contact us.
INCO: “Cushman & Wakefield”