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Commercial Modeler (Real Estate Modeler)
City of St. Louis
Assessor - Division of Assessment
Location
St. Louis, Missouri, 63105
Salary
Not specified
Type
Full-Time
More Real Estate & Property jobs →Closes
April 7, 2026
SES Pay Grade
Base salary range: $147,649 - $221,900
Typical requirements: Executive-level leadership experience. Senior executive qualifications required.
Note: Actual salary includes locality pay (15-40%+ depending on location).
Job Description
Summary
This job involves researching real estate sales and lease data, running statistical studies to value commercial, industrial, and complex residential properties fairly for tax purposes in St.
Louis County. The role requires coordinating with teams, analyzing market trends, and ensuring values meet state and industry standards while handling public inquiries and appeals.
It's a good fit for someone with a strong background in statistics or real estate appraisal who enjoys working with data to solve complex valuation problems.
Key Requirements
- Master's degree or higher in a statistics-focused field such as economics, data science, or biostatistics, or a Bachelor's degree with at least one year of relevant experience, or five years of real estate appraisal experience
- Advanced degree strongly preferred
- Ability to review and analyze sales, lease, and market data for accuracy and use in statistical models
- Proficiency in applying statistical techniques like OLS regression to predict property values based on physical and economic characteristics
- Experience developing, interpreting, and calibrating models of market behavior
- Skills in responding to inquiries from property owners, officials, and the public, and coordinating with appraisal staff to resolve issues
- Knowledge of standards from the State Tax Commission of Missouri and the International Association of Assessing Officers (IAAO)
Full Job Description
The St. Louis County Assessor's Office is seeking a Commercial Modeler to coordinate the research, review and validation of real estate sales data and perform statistical studies for market information and mass appraisal to estimate fair market value of commercial, industrial and complex residential properties.The typical starting salary range will be $74,401.60 annually depending on the candidate's qualifications and experience as well as budgetary considerations.
An additional $2.00 per hour is offered for Missouri Certified Residential or Licensed Real Estate Appraisers, and $4.00 per hour for Missouri Certified General Real Estate Appraisers.
Additionally, we offer a comprehensive benefits package and a generous Paid Time Off (PTO) policy.
To learn more about these and other County benefits, please visit https://stlouiscountymo.gov/st-louis-county-departments/administration/personnel/benefits.
St. Louis County Government is a qualified agency for the Public Service Loan Forgiveness program managed by the Federal Government. For more information regarding this program, please visit https://studentaid.gov/manage-loans/forgiveness-cancellation/public-service.
Requirements
Essential Function Examples:- Review and analyze sales and lease information validated by appraisal analysts to ensure correct data in statistical models used to generate values, and research and analyze market data.
- Apply statistical analysis and appraisal skills to cost data to develop, interpret and calibrate models of market behavior based on the physical and economic characteristics and selling price of properties sold.
- Categorize and evaluate sales and leasing information to determine accuracy. Review and analyze data as part of the process to develop and maintain sufficient quality statistical information used for reports and comparison models.
- Respond to inquiries with property owners, corporate officers, builders, tax representatives and the general public to collect information, following policies and procedures to estimate appraised values or in response to inquiries. or complaints.
- Coordinate with appraisal supervisory staff to arrive at appropriate values.
- Resolve technical, complex or unusual problems.
- Ensure that values comply with established standards used by the State Tax Commission of Missouri and the International Association of Assessing Officers (IAAO).
- Apply statistical techniques such as OLS regression to the analysis of physical and economic property characteristics to predict fair market values.
- Defend values and procedures during appeals with the Board of Equalization and State Tax Commission, including statistical support and testimony.
- Perform other duties as required or assigned.
Qualifications
Candidates must meet one of the following:- Master's degree or higher in a statistics-focused field such as political science, economics, data science, or biostatistics
- Bachelor's degree or higher in a statistics-focused field such as political science, economics, data science, or biostatistics; and at least one year of relevant experience
- At least five years of experience in real estate appraisal
Advanced degree strongly preferred.
Desirable Qualifications:- 2+ years of experience working with large, complex datasets to generate predictions using statistical analyses such as OLS regression
- 2+ years of experience reading and writing scripts using the R programming language
- Familiarity with other statistical or related programming languages, especially SQL
- Experience using GIS data and software, such as ArcGISPro
- Real estate data modeling experience
Additional Information
SELECTION AND APPOINTMENT: A selection committee will evaluate the qualifications of each applicant which will include recentness and appropriateness of the applicant's education and experience, answers to the supplemental questions, results of employment references investigated and any other appropriate information available.
The selection committee will admit to the interview only those persons who possess the most job related qualifications and may establish admittance criteria beyond the minimum qualifications stated above.
The interview will comprise 100% of the applicant's earned grade. A candidate must earn a qualifying grade of 70 or more on the interview to be eligible for appointment.
After initial interviews with the selected candidates are conducted, an email will be sent to the address on file with instructions on how to complete and submit a Conviction Questionnaire.
Candidates have 3 days to complete the required questionnaire.
The five top ranking candidates, based on the final grade, will be certified to the Department Director/Appointing Authority who will make the final decision.
All applicants conditionally offered a merit position will be required to submit to urinalysis to screen for illegal drug use prior to appointment.
Screening will be performed by a reputable clinical laboratory. The cost of screening will be covered by the County.
HOW TO APPLY: Applicants interested in applying for this position should visit our website at www.governmentjobs.com/careers/stlouis. We only accept On-line applications.
EQUAL EMPLOYMENT OPPORTUNITY POLICY: The policy of the Civil Service Commission of St.
Louis County is to support fair and equitable employment opportunities for all persons regardless of race, color, religion, sex, national origin, age, disability, sexual orientation, gender identity, marital status, veterans' status or political affiliation.
Call the Division of Personnel at (314) 615-5429 for more information on this policy.
St. Louis County
Division of Personnel, 7th Floor
Clayton, MO 63105
(314) 615-5429
Relay MO 711 or 800-735-2966
An Equal Opportunity Employer
Fax: (314) 615-7703
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