Director of Land Acquisition

About the Job

Location: Kansas City, KS
Industry: Homebuilding
Salary: $130,000 to $170,000 + bonus + additional benefits – depending on experience.

The Director of Land Acquisition is responsible for the department budget and performs sophisticated land use and financial analyses, participates in due diligence, including land planning, engineering, environmental, utility system, and title analysis.

Key Responsibilities:

• Coordinate with Sales, Purchasing, Design, Finance, and Legal to perform feasibility analysis for potential acquisitions, including the following:

• Entitlement status, final plat, and improvement plans;

• Subdivision analysis (zoning, lot fit, etc.);

• Soils and environmental reports;

• Legal and title review;

• Development status;

• Financial analysis for net margin and IRR;

• Market analysis;

• Prepare and presents feasibility reports to the Asset Management Committee.

Lot Pipeline Inventory:

• Builds and maintains the lot inventory pipeline to achieve company growth goals, including the following:

• Identifying strategic acquisitions.

• Cultivating broker and land owner relationships.

• Negotiating LOIs, Pre-Ks, contracts, amendments, and other legal documentation with attorneys and land owners to process acquisitions.

• Scheduling lot takedown commitments to ensure timely closings.

• Monitoring land agreement ensuring all conditions and obligations of both buyer and seller are met prior to closing.

• Managing developers to ensure that lots are delivered on time.

Supervisor and Land Department Duties:

• Hiring and supervising Land Department personnel.

• Providing constructive and timely performance evaluations.

• Handling discipline and termination of employees and in accordance with company protocol.

• Managing PTO and vacation days; keeping track and updating time off requests in ADP; ensuring appropriate coverage while employee is out to maintain quality, control, and speed of construction.

• Managing company relationships; cooperating with other departments, including Construction, Sales, Product Development, and Accounting.

• Building and maintaining great working relationships with key members of City and County staff.

• Establishing processes and systems to help achieve and excel business goals and objectives.

Qualifications:

• Minimum 5 years of experience in Homebuilding.

• Bachelor’s degree in Finance, Accounting, Business, Real Estate or related (preferred).

• Proven experience in Land acquisition.

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