Acquisition Manager (CO)

$66,650 - $85,000/Yr

True Legacy Homes - Denver, CO

Full-time - Mid Level

Denver, CO

About the position

True Legacy Homes is seeking a highly skilled and motivated Acquisition Manager to identify and acquire residential properties for renovation and resale. This role is crucial for expanding the company's real estate portfolio and involves executing a comprehensive acquisition strategy, conducting market analysis, and negotiating purchase terms.

Responsibilities

• Execute a comprehensive real estate acquisition strategy focusing on quarterly goals.
• Identify potential acquisition opportunities for residential properties suitable for flipping.
• Underwrite acquisition opportunities using Excel.
• Work with Project Management and Design teams to create scope of work, budget, and schedule for potential acquisitions.
• Conduct thorough market analysis and data research to determine feasibility and profitability of potential acquisitions.
• Create comp analysis to determine After Renovation Value (ARV).
• Stay informed about market trends and emerging opportunities.
• Perform due diligence including inspections, appraisals, and title searches.
• Negotiate purchase prices and contract terms with property owners and agents.
• Create and maintain relationships with real estate agents and brokers to source new acquisition opportunities.
• Develop and maintain an inventory of acquisition opportunities and track performance metrics.

Requirements

• Colorado real estate license in good standing.
• Bachelor's degree in real estate, business, finance, or related field.
• Minimum of 1-3 years of experience in real estate acquisitions.
• Strong financial analytic skills and understanding of the underwriting process.
• Strong negotiation skills and experience in contract negotiation.
• Knowledge of real estate laws and regulations.
• Excellent analytical and problem-solving skills.
• Ability to work independently and manage multiple projects.
• Exceptional communication and interpersonal skills.
• Familiarity with renovation and construction processes.
• Highly proficient in Microsoft Office Suite, especially Excel.

Nice-to-haves

• Master's degree in real estate, business, finance, or related field.
• Proven experience in renovation and construction processes.

Benefits

• Mileage reimbursement
• Paid holidays
• Health insurance
• Paid time off
• Cell phone reimbursement
• 401(k) matching
• Bonus potential
• Employer sponsored medical benefits