What are the responsibilities and job description for the Land Search Analyst position at KB Home?
About KB Home
KB Home is one of the largest and most recognized homebuilders in the United States and has built over 650,000 quality homes in our more than 60-year history. Today, KB Home operates in 45 markets from coast to coast. What sets KB Home apart is the exceptional personalization we offer our homebuyers from those buying their first home to experienced buyers allowing them to make their home uniquely their own, at a price that fits their budget. As the leader in energy-efficient homebuilding, KB Home was the first builder to make every home it builds ENERGY STAR� certified, a standard of energy performance achieved by fewer than 10% of new homes in America, and has built more ENERGY STAR certified homes than any other builder. An energy-efficient KB home helps lower the cost of ownership and is designed to be healthier, more comfortable and better for the environment than new homes without certification. We build strong, personal relationships with our customers so they have a real partner in the homebuying process. As a result, we have the distinction of being the #1 customer-ranked national homebuilder in third-party buyer satisfaction surveys. Build your career with KB Home. Learn more.
JOB SUMMARY: The Land Analyst position is responsible for conducting on-site visits as needed for research, providing analysis, and will manage land data for the purposes of maximizing the profit of existing and proposed land assets and identifying new land acquisition opportunities that align with Market Strategy and Business Plan goals. Assists with preparation of land packages.
Essential Duties And Responsibilities
Land Opportunities Assessment/Site Visits:
Education:
KB Home and its affiliates do not accept unsolicited resumes from individual recruiters or third party recruiting agencies (collectively, "Recruiters") in response to job postings. If Recruiters nevertheless submit one or more unsolicited resumes to any employee at KB Home or its affiliates without a valid written agreement in place for recruiting services, such resumes will be deemed the sole property of KB Home and its affiliates. No fee will be owing or paid to Recruiters who submit unsolicited candidate resumes, in the event any such candidate is hired by KB Home or its affiliates as a result of the submittal, without a valid written agreement between the Recruiter and KB Home.
KB Home is one of the largest and most recognized homebuilders in the United States and has built over 650,000 quality homes in our more than 60-year history. Today, KB Home operates in 45 markets from coast to coast. What sets KB Home apart is the exceptional personalization we offer our homebuyers from those buying their first home to experienced buyers allowing them to make their home uniquely their own, at a price that fits their budget. As the leader in energy-efficient homebuilding, KB Home was the first builder to make every home it builds ENERGY STAR� certified, a standard of energy performance achieved by fewer than 10% of new homes in America, and has built more ENERGY STAR certified homes than any other builder. An energy-efficient KB home helps lower the cost of ownership and is designed to be healthier, more comfortable and better for the environment than new homes without certification. We build strong, personal relationships with our customers so they have a real partner in the homebuying process. As a result, we have the distinction of being the #1 customer-ranked national homebuilder in third-party buyer satisfaction surveys. Build your career with KB Home. Learn more.
JOB SUMMARY: The Land Analyst position is responsible for conducting on-site visits as needed for research, providing analysis, and will manage land data for the purposes of maximizing the profit of existing and proposed land assets and identifying new land acquisition opportunities that align with Market Strategy and Business Plan goals. Assists with preparation of land packages.
Essential Duties And Responsibilities
Land Opportunities Assessment/Site Visits:
- Conduct preliminary site visit and analysis for feasibility.
- Assist Land Team to identify and analyze competitor locations, product offerings, price points, and acquisition costs.
- Provide recommendations after analyzing the data and visiting the site.
- Update all competitor information into GIS mapping system.
- Assist the Land Acquisition team in the preparation of financial proformas to determine the viability of proposed land acquisitions.
- Create reports from Market Research Software (Marketsight, Bholke, Metrostudy) and other data sources to define competitors.
- Research and analyze consumer preferences for product.
- Post acquisition – maintain financial proformas to assess ways to enhance performance of existing communities and to report actual performance
- With the guidance of Land Acquisition leadership, prepare detailed Land Packages with relevant support data for submittal to Corporate Land Committee to seek approval of real estate transactions.
- Prepare forms necessary to transact wires for said acquisitions.
- Utilize Land Vision software, RHONDA software, Google Earth, and other sources to research and identify potential land acquisition opportunities that align with Market Strategy and Business Plan goals.
- Routinely perform residual analyses to determine appropriate offer prices for targeted land opportunities.
- Maintain a tracking log and land search map of viable tracts as well as a log of comparable transactions in surrounding areas.
- Prepare documentation to support FTC compliance (long form and short form disclosures)., Market Strategy Report, Other duties as needed
Education:
- Bachelor’s Degree required. Preferred major in Geospatial Mapping (GIS) Business, Construction Management, Engineering, Planning, and/or Finance within the real estate or homebuilding discipline.
- 1-3 years of land acquisition transactional experience in residential or commercial real estate. Homebuilding experience preferred.
- Knowledge of GIS (Geospatial Information Systems) and or “Land-related” databases
- Action oriented, with the drive to push projects to successful closure
- Strong ability to work within a team setting, inclusive of other’s ideas
- Strong verbal and written communication, with the ability to take complex concepts and communicate succinctly and accurately
- Strong organizational skills; able to handle multiple deadlines and create functional systems for handling data
- Must be proficient in Microsoft Suite (at least intermediate level). Advanced Excel Skills required
- Strong technical and analytical skills
- Market analysis experience a plus
- Metrostudy software experience a plus
- Ability to drive vehicle in Atlanta Metro area and valid driver’s license.
KB Home and its affiliates do not accept unsolicited resumes from individual recruiters or third party recruiting agencies (collectively, "Recruiters") in response to job postings. If Recruiters nevertheless submit one or more unsolicited resumes to any employee at KB Home or its affiliates without a valid written agreement in place for recruiting services, such resumes will be deemed the sole property of KB Home and its affiliates. No fee will be owing or paid to Recruiters who submit unsolicited candidate resumes, in the event any such candidate is hired by KB Home or its affiliates as a result of the submittal, without a valid written agreement between the Recruiter and KB Home.
