Reference
VAC-44866
Contract Type
Full-Time
Industries
Land Use & Environmental Management
Location
May Pen
Salary & Benefits
Date Posted
05/05/2023
Expiry Date
15/05/2023
To conduct real estate research, collect and analyse property sales data, value properties for transfers on death, Intervivos Transfers, vet sales at arms-length, appraisals on valuation cases, conduct feasibility studies and settle objections.
KEY OUTPUTS
- Research and feasibility studies conducted;
- Property inspection and valuations conducted;
- Valuations reports prepared;
- Queries answered and decisions provided;
- Sales data collected and analysed;
- Data Base of Property Values maintained;
- Objection Cases settled;
- Reports prepared and submitted.
KEY RESPONSIBILITY AREAS
Technical and Professional Duties
- Organises and conducts real estate research;
- Values properties under the Stamp Duty and Transfer Tax Act;
- Maintains and applies sales analysis data to arrive at market value for properties;
- Analyses property sales and other data;
- Analyses sales information to determine improved or unimproved sales data;
- Prepares value standards for property areas;
- Conducts site inspections, valuation of properties and liaise with Agents, attorneys and land owners;
- Prepares and submits valuation files and report to the Supervisor for approval;
- Liaises with Senior Valuer and Manager in respect of suggestions, difficulties and possible changes in procedures;
- Settles objection cases and assists in preparing appeal cases;
- Obtains subdivision plans, titles and other information on ownership and acreage of property;
- Provides assistance to Senior Valuer in specialist and complex valuation cases; Conducts valuations for MOCA, FID;
- Testifies in Court in a technical capacity for the Assistant General Manager, Audit and Assessment;
- Supports the identification and management of risks within the organization and by extension the respective area of work;
- Performs other related duties assigned by the Manager, Valuations.
PERFORMANCE STANDARDS
This job is satisfactorily performed when:
- Research and feasibility studies are conducted based on stipulated guidelines and are completed within the agreed timeframe;
- Properties are inspected and valued in accordance with the established timeframe, standards and procedures;
- All sales data is collected, analysed and the relevant information submitted as directed within the required timeframe;
- Data banks of property values are updated on a daily basis;
- Objection cases are completed in accordance with the guidelines and by the stipulated time;
- All queries are correctly answered and technical decisions provided in the stipulated time;
- Reports prepared and submitted in keeping with established standard and agreed timelines.
AUTHORITY TO:
- Amend declared property values;
- Inspect properties;
- Access private property;
- Prepare valuation standard;
- Determine unimproved and improved property value.
REQUIRED COMPETENCIES
Specific Knowledge
- Expert knowledge in property valuation and standards (RICS);
- Expert knowledge of the Acts governing Stamp Duty and Transfer Tax;
- Knowledge of quantity surveying;
- Knowledge of the functions and operations of Tax Administration Jamaica;
- Working knowledge of computer systems and the relevant applications.
Required Skills and Specialised Techniques
- Excellent research and data analysis skills;
- Excellent judgement, decision making and problem solving skills;
- Excellent time management skill;
- Good analytical, planning and organising skills;
- Good communication, interpersonal and team skills.
Qualifications and Experiences
- B.Sc. in Land Economy and Valuation Surveying or the equivalent;
- Diploma in Construction Technology/Construction Management /Agriculture;
- Two (2) years related work experience.
WORKING CONDITIONS
- Exposure to disagreeable conditions (dust, dirt and inclement weather);
- Required to work outside of the normal working hours;
- Exposure to adverse social conditions;
- Field work required (60%).
Region:
May Pen
Occupational fields:
Other
Other
Other
Required degree level:
Other
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