What are the responsibilities and job description for the Director of Land Acquisition position at Century Complete?
Description
Position at Century Complete
What You’ll Do
The Director of Land Acquisition identifies, researches, underwrites, investigates, qualifies, and manages purchasing land and lots.
Your Key Responsibilities Include
Our mission of More Home, Less Money® is only possible with the best talent in the industry. If that’s you—if you’re a self-starter, changemaker, and thoughtful collaborator ready to take your career to the next level—then apply today!
As one of the nation's largest homebuilders and an industry leader in online home sales, we strive to create thriving, enduring neighborhoods with lasting livability, with a focus on building sustainable, affordably priced homes for our customers while reducing our carbon footprint. For team members, our goal is to provide the resources, opportunities, and benefits to build successful and rewarding careers. We’re committed to fostering an environment of diversity, inclusivity, and respect, and building a culture dedicated to ethical business behavior and responsible corporate activity.
Position at Century Complete
What You’ll Do
The Director of Land Acquisition identifies, researches, underwrites, investigates, qualifies, and manages purchasing land and lots.
Your Key Responsibilities Include
- Identify locations for new homes working with MLS, private parties, investor groups, banks, developers, and other sources.
- Identify the owners and sellers of lots or land in desirable locations.
- Write contracts and facilitate the execution of purchasing lots/land.
- Work with Division Managers and Land Acquisition team to obtain lots/land to meet Region needs and goals on a Monthly, Quarterly, and Annual basis.
- Create a preliminary budget of known items (i.e., approximate clearing, number of loads of fill, septic/well, sewer/water, culverts, power, drive handing) and communicate the summary report for each land position.
- Perform research on land to ensure no adverse restrictions such as eagles, owls, tortoises, minimum size requirements, etc.
- Maintain lot/land purchase/pipeline schedules with the Corporate Land Manager.
- Perform other duties as needed or assigned.
- Identify potential land acquisition targets through detailed study of tax maps and networking with attorneys, engineers, and others involved in residential land development.
- Perform preliminary due diligence and underwriting to determine the viability of each deal.
- Maintain updated land use plans and database.
- Use plans, aerial maps, LandVision, and assessor databases to find vacant & semi-vacant parcels with the potential for residential use.
- Contact owners and enter potentially viable projects into the Land Database.
- Monitor Entitlement / Development application lists.
- Review Metro Study, Zonda, and other Broker resources for new parcels.
- Conduct Market Analysis to set preliminary pricing.
- Visits, competitive market analysis worksheets, and price per square footage graphing.
- Complete the due diligence checklist and due diligence memorandum.
- Complete presentation to Asset Management Committee for approval on all new deals.
- Resolve any AMC issues before EDD and Closing.
- Manage pipeline of deals for re-position back into the production cycle.
- Recruit, hire, and train associates as necessary.
- Negotiate purchase contracts.
- Perform other duties as needed or assigned.
- Effective and professional communication with prospective sellers, outside agencies, and employees.
- Demonstrated ability to manage performance and mentor a team of direct reports to accomplish monthly, quarterly, and annual lot acquisition goals.
- Organizational aptitude to manage the contract writing and filing process on time to ensure accuracy and complete execution.
- Computer skills to work with multiple software programs and electronic communication.
- Capable of managing tight deadlines, promptly addressing changes without disrupting schedules, and managing high volumes of work with minimal supervision.
- The attitude of a positive and dedicated team player who has a strong work ethic and demeanor that fosters customer trust.
- Proven experience in Land Acquisitions, Planning, and Development.
- In-depth knowledge of the area's land market.
- Knowledge of Fair Housing Laws.
- Ability to read, analyze, and interpret financial reports or legal documents.
- A Bachelor's Degree in Business or a related field or an equivalent combination of education and experience is required.
- At least 8 years of experience in residential Single or Multi-Family Land Acquisitions.
- Experience with publicly traded home builders preferred.
- A valid driver's license.
- A Real Estate License is a plus.
Our mission of More Home, Less Money® is only possible with the best talent in the industry. If that’s you—if you’re a self-starter, changemaker, and thoughtful collaborator ready to take your career to the next level—then apply today!
As one of the nation's largest homebuilders and an industry leader in online home sales, we strive to create thriving, enduring neighborhoods with lasting livability, with a focus on building sustainable, affordably priced homes for our customers while reducing our carbon footprint. For team members, our goal is to provide the resources, opportunities, and benefits to build successful and rewarding careers. We’re committed to fostering an environment of diversity, inclusivity, and respect, and building a culture dedicated to ethical business behavior and responsible corporate activity.