Real Estate Specialist

Who are we? Frandsen Bank & Trust is a growing, financially strong, family-owned community bank across nearly 40 communities in Minnesota, North Dakota, South Dakota, and Wisconsin. We provide full-service banking, treasury management, investment, and trust solutions. Since day one, our mission has centered on making decisions locally, empowering employees, and supporting our communities.

This commitment to relationship-based service has earned us recognition as Best in Banks by our customers. Why work here? Leadership recognizes our people are the reason we succeed. That’s why developing and rewarding our employees is a longstanding part of our guiding principles, called the Frandsen Way. The impact is clear: Employees ranked Frandsen Bank & Trust a Top Workplace on the independent Star Tribune survey for nine consecutive years, and we currently hold the #2 spot in the large company category.

The employee will be a “roving” appraisal review and real estate specialist in the South Metro MN market & based out of the Lakeville branch. They will go to selected real estate locations to perform physical on-site or drive by inspections of real estate collateral that the bank intends to provide financing for. Primary responsibility is to verify third party appraised values or in-house prepared Estimates of Value and to recommend and substantiate corrections to the reports and values as needed.

Individual will also advise and assist loan officers in creatively marketing and selling distressed real estate that is either in a workout status or OREO. Duties: Performa physical on-site inspection of real estate; heavy daytime travel required. Prepare in-house EOV's, progress inspections, condition reports and additional duties.

Verify third-party appraised values and recommend and substantiate values. Work with established and proven procedures and other qualified, experience team members.

Requirements

Candidate is required to hold a Minnesota Real Estate Appraiser's license and/or a Real Estate Salesperson's or Broker's license. Preference will be given to candidates holding an Appraiser's license. Unlicensed applicants will not be considered for this position . Minimum five years in real estate appraisal, sales, or related real estate fields.

Compensation

Competitive market salary with company vehicle and laptop provided. Reimbursement for continuing education and license fees. General benefit package including profit sharing.