Director of Land Acquisition - KB HOME
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About the Job
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: In partnership with the Division President or SR. VP Land Acquisition, the Director of Land Acquisition is responsible for the daily operations of the Land Acquisition Department and activities geared toward profitability and efficiency. This role implements department policy and facilitates the creation of action plans to achieve specific results. Responsible for the following acquisition processes: land analysis, negotiations, relationship management, purchase agreements, and land packages. For smaller divisions, this role will manage employee staffing, development and retention.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Drive the land acquisition process
- Initiate contact with landowners in our markets through in-person visits, phone calls, letters of interest, and other communication methods.
- Contact brokers on their listings and gather relevant information.
- Source “off market” acquisitions
- Establish relationships built on integrity within the real estate community with landowners, brokers, city/county employees, engineers, and developers, which could lead to opportunities.
- Prepare underwriting.
- Prepare Letters of Intent.
- Collaborate with Legal team on Purchase Agreements.
- Prepare weekly, monthly, and quarterly reports to provide upper management with a snapshot of where the business is for any given period
- Prepare land packages and memos.
- Prepare wire requests for deposits and closing wires.
- Prepare land strategy.
- Schedule weekly meetings.
- Provide information to the rest of the Land department and Feasibility team.
- Work with other departments for other critical information.
- Review, analyze, and summarize all risks (environmental, political, entitlement, engineering, and/or development related challenges to new acquisition opportunities).
- Review and processing of tentative maps, zone changes, final maps, civil engineering plans, LAFCO Applications, CFD Formations, LMD Annexations, architectural permits, DRE approvals, environmental approvals.
- Work with staff and elected bodies to manage the approval process.
- Will foster and nurture relationships with city, county, and adjoining neighborhood agencies and represent the KB Brand through positive interactions.
- Will engage and interact positively with anti-housing groups in various situations and ensure project progression through mediation and other diplomatic channels.
- Contract and manage team of consultants which will include civil engineer, landscape architect, land use attorneys, dry utility consultant, DRE consultant, title company, biologist, KBA, and CFD consultant.
- Train & Mentor Land Search Specialists
- Utilize Google Earth and other mapping tools to create exhibits and track land opportunities
EDUCATION/EXPERIENCE/MINIMUM REQUIREMENTS:
Education/Certifications/Licenses
- A bachelor’s degree in business with an emphasis in Real Estate, Finance, Engineering, or related fields is required. A master’s degree is a plus.
Experience
- 7+ years of proven land acquisition transaction experience
- 4+ years of proven management experience of small to medium-sized teams
- Demonstrated leader within homebuilding industry or related industry.
Knowledge, Skills & Abilities
- Understand market and industry trends.
- Demonstrated leadership capabilities, including motivating teams, training land search specialists or summer interns, and being results-oriented.
- Ability to connect with people and develop and maintain professional relationships.
- Strong verbal & written communication skills, with the ability to communicate complex concepts accurately and persuasively.
- Strong ability to work within a team environment, inclusive of others’ ideas, and a willingness to cooperate.
- Make quick and accurate decisions based heavily on facts, data, and/or metrics.
- Proficiency in Microsoft applications, including Word, Excel, PowerPoint, and Outlook.
Work Requirements
- Work a minimum 8-hour days with flexibility for additional work hours and weekends when necessary.
- Conduct business in a professional and ethical manner to potential land sellers, trade partners, and coworkers to reinforce goodwill and profitability for the company.
- The position is located at the KB Home Las Vegas Division office, 5795 W Badura Ave. Suite 150, Las Vegas, NV 89118 #LI-onsite
Find out why KB Home is attracting and retaining the best employees! If you are interested and qualified, please apply now. KB Home provides above average compensation packages and earnings potential, full benefits, an outstanding 401K matching program, bonus plans and amazing promotional opportunities. KB Home is an equal opportunity employer committed to hiring a diverse work team. Diversity is important to KB Home!
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.
Source : KB HOME