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Real Estate Acquisition Specialist

2 months ago

Grapevine, Texas, United States HistoryMaker Homes Full time
Job Overview

Position Summary:

The Real Estate Acquisition Specialist is essential in the strategic identification and procurement of land and lots to bolster HistoryMaker Homes' development and construction initiatives. This position requires utilizing industry expertise and connections within the real estate sector to pinpoint, negotiate, and finalize land transactions. The specialist will work closely with senior leadership to ensure acquisitions align with the company's expansion strategies and financial objectives. The ideal candidate will possess substantial experience in land procurement, a robust network within the real estate community, and a demonstrated history of successful project management.

Key Responsibilities:

1. Strategic Land Procurement and Site Assessment:

  • Identify and assess potential land acquisition prospects to meet the company's annual construction goals.
  • Conduct comprehensive market research to evaluate prospective projects using residential data platforms.
  • Review sites based on selection criteria and perform financial assessments to gauge feasibility and profitability.
  • Analyze market trends and current land holdings to pinpoint opportunities for future acquisitions.

2. Negotiation and Due Diligence:

  • Kick off projects by identifying parcels, negotiating with sellers, conducting due diligence, and drafting letters of intent.
  • Negotiate and draft contracts and amendments in collaboration with external legal counsel.
  • Guide projects through the entitlement process, including concept planning and final approvals.
  • Work alongside the Land Development team on necessary rezoning applications and municipal approvals.

3. Project Leadership:

  • Direct cross-functional teams, including land development, finance, sales, and marketing, to prepare formal land proposals for the Investment Committee.
  • Organize and lead meetings with project teams, consultants, and local authorities throughout the entitlement phase.
  • Anticipate potential challenges for each project and propose strategies to address possible objections during the entitlement process.

4. Networking and Relationship Management:

  • Build and sustain relationships with key stakeholders in the real estate sector, including brokers and developers.
  • Represent the company at industry events and conferences to enhance visibility and uncover new opportunities.

Qualifications:

  • Bachelor's degree in Real Estate, Business Administration, Finance, or a related discipline.
  • A minimum of 5 years of experience in land acquisition, ideally within the homebuilding sector.
  • A strong network of contacts within the real estate market.
  • A proven history of successful land acquisitions and project oversight.
  • Exceptional negotiation, analytical, and problem-solving abilities.
  • Advanced proficiency in Excel.
  • Capability to lead and manage cross-functional teams effectively.
  • Strong communication and interpersonal skills.