SUMMARY OF POSITION:The primary role of the VP of Land is to oversee the divisional land team with the goal of building a pipeline of quality communities within the division. The position is a direct report to the Division President with strong relationship to the Regional VP of Land and the National VP of land.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Prepare initial land acquisition and development budgets for prospective land acquisitions.
- Create relationships with applicable brokers, developers, sellers, etc., in the market as necessary to cultivate land pipeline.
- Oversee the land analyst's responsibility to include the reliability and appropriateness of the project models and land acquisition proposals on behalf of the division.
- Ensure that land department create and maintain detailed financial models that accurately reflect a project's expected profitability and returns.
- Research and compile supporting data on sales comparisons, demographics, product competition, entitlements, market trends and other information relevant to a project's viability with support of appropriate team.
- Create investment packages for internal land committee meetings and prospective investors
- Communicate with investors as they perform their due diligence and underwriting of prospective projects.
- Perform due diligence procedures for potential land acquisitions.
- Other tasks may include updating the land acquisition pipeline and database, research ownership and contact information of off-market properties and drafting initial offer letters.
EXPERIENCE, SKILLS, KNOWLEDGE- Minimum three years of minimum related experience.
- Bachelor's degree in a business-related field (Finance and Real Estate are preferred)
- Exceptional communication skills -- both written and verbal
- Comfortable presenting ideas and solutions to leadership and key business partners
- Strong attention to detail
- Strong organizational skills and time management skills
- Ability to establish and maintain strong relationships
- Proficient in MS Excel, PowerPoint, and Word
WORK ENVIRONMENT:- The work environment is representative of an office/field setting
- The noise level in the work environment is usually quiet to moderate
PHYSICAL DEMANDS:While performing the responsibilities of the job, the employee is required to talk and hear. Vision abilities required by the job are close vision. The employee is often required to sit and use their hands and fingers to handle, feel, and operate office equipment such as a computer, copier, and office supplies.
In addition, the employee is occasionally required to stand, walk, reach with their arms and hands, and to stoop, kneel or crouch. Reasonable accommodations can be made to enable employees with disabilities to perform the described essential functions of the job.
Note: This document describes the minimum, essential duties, responsibilities, skills, abilities, effort, and working conditions of the position. It in no way implies that these are the only functions to be performed by the incumbent. Workers are required to follow any other job-related instructions and to perform any job-related functions requested by a supervisor or manager. Successful performance requires that the incumbent possess and utilize the abilities and skills described. All functions are subject to reasonable modification to accommodate individuals with disabilities. Some functions may exclude individuals who pose a direct threat or significant risk to the health and safety of themselves or others.
