Description
Job Purpose
To secure a consistent pipeline of strategically aligned land opportunities that support the Company’s long-term growth, pacing targets, and geographic expansion objectives and leads those opportunities from initial sourcing through contract execution and internal underwriting kickoff.
Key Responsibilities
- Build and manage strategic relationships with landowners, developers, brokers, and other industry partners to generate acquisition opportunities in target and expansion markets.
- Source, evaluate, and advance land opportunities aligned with the Company’s 3-year Builder order and long-term growth strategy.
- Prepare and negotiate Letters of Intent outlining key business terms, financial assumptions, and deal structure for Leadership review.
- Lead negotiation of acquisition terms and coordinate development of Agreements of Sale in conjunction with the Legal Assistant and external legal counsel.
- Maintain primary ownership and accountability for each land opportunity from initial sourcing through completion of due diligence.
- Maintain ownership of the Agreement of Sale, including all negotiations, modifications, and contractual obligations, through settlement.
- Serve as the primary point of contact for the Seller from initial engagement through settlement, ensuring consistent communication and relationship management.
- Own the coordination and kickoff of the internal underwriting process, ensuring alignment across Construction, Finance, Operations, and Sales.
- Collaborate with Leadership, Finance, Operations, and the Director of Land Development to ensure ongoing alignment of land strategy, product positioning, and project feasibility.
- Support acquisition strategy by coordinating with the Director of Land Development on zoning considerations, entitlement risk, and municipal dynamics as it relates to deal structuring.
- Represent the Company in municipal meetings, community engagements, and stakeholder discussions as required.
- Maintain disciplined pipeline tracking and organized due diligence documentation within company systems.
- Leads and manages easement acquisition efforts associated with land transactions as required.
Accountability
- Deliver land opportunities sufficient to meet or exceed the Builder’s established 3-year order targets.
- Maintain primary ownership and accountability for land opportunities from initial sourcing through completion of due diligence.
- Maintain accountability for the Agreement of Sale, including all negotiations, modifications, and contractual obligations, through settlement.
- Serve as the primary point of contact for the Seller, ensuring consistent communication, relationship management, and successful navigation of all acquisition-related milestones through settlement.
- Ensure all acquisition opportunities are thoroughly documented, clearly communicated, and positioned for executive evaluation and decision-making.
- Own the coordination of the due diligence and underwriting process, ensuring timely input, alignment, and decision readiness across internal stakeholders.
- Ensure a clear and complete transition of each project into Land Development through organized documentation, communication of key assumptions, and identification of risks and outstanding items.
Expectations
- Proactively identify opportunities ahead of competitors.
- Maintain a forward-looking understanding of market trends, land values, regulatory environments, and municipal dynamics.
- Present opportunities clearly and decisively to Leadership.
- Build trust-based, long-term partnerships in both active and expansion markets.
- Maintain disciplined CRM documentation and pipeline visibility.
Authority
- Negotiate Letters of Intent and core business terms in land transactions.
- Represent the Company in municipal meetings and strategic discussions.
- Engage legal counsel for contract drafting and revisions.
- Recommend pursuit, renegotiation, or termination of acquisition opportunities.
Relationships (Internal/External)
- Internal:
Managing Partner, Senior Director of Business Development, Director of Land Development, Finance, Operations, Construction - External:
Landowners, Developers, Brokers, Municipal Officials, Attorneys, Engineers
Requirements
- 5+ years of experience in land acquisition, real estate development, or related residential markets.
- Demonstrated experience sourcing and negotiating land transactions, including preparation of Letters of Intent and coordination of purchase agreements.
- Demonstrated high level of emotional intelligence and executive presence in interactions with external partners and internal leadership.
- Strong financial acumen with ability to evaluate land value, development economics, and market feasibility.
- Working knowledge of zoning regulations, municipal processes, and real estate contract structures.
- Proven ability to build strategic relationships and communicate effectively with landowners, brokers, municipalities, and internal leadership.