Residential Land Acquisition Manager

GPAC - Philadelphia, PA

Full-time - Mid Level

Philadelphia, PA

Administrative and Support Services

About the position

The Residential Land Acquisition Manager will play a crucial role in the growth and development of a top Residential Home Builder in Philadelphia. This position is focused on acquiring undeveloped land or finished lots for future development projects. The ideal candidate will work closely with various stakeholders, including property owners, brokers, land developers, and city officials, to secure land that meets the company's development needs. The company is well-respected in the area and emphasizes the growth, mentorship, and development of its employees, making this an excellent opportunity for those looking to advance their careers in land acquisition. In this role, the Land Acquisition Manager will be responsible for coordinating, securing, and organizing land acquisition leads. This includes receiving and providing initial response plans for all new leads from outside sources, performing title and municipal research, and conducting initial inquiries for potential land leads. The manager will also be tasked with preparing letters of intent and maintaining close relationships with land developers, brokers, and landowners. A significant part of the job involves underwriting and analyzing the financial aspects of each development opportunity, ensuring that all business is conducted in a professional and ethical manner to enhance the company's goodwill and profitability. The position requires strong communication skills, as the manager will need to negotiate purchase contracts with sellers and communicate regularly with city officials. The ability to multi-task and pay attention to detail is essential, as the manager will handle multiple projects simultaneously. Additionally, the role may require overnight travel to meet with sellers and other stakeholders, making flexibility and adaptability key traits for success in this position.

Responsibilities

• Coordinate, secure, and organize land acquisition leads.
• Receive and provide initial response plan for all new leads from outside sources.
• Perform title and municipal research and initial 'cold call' inquiry for potential land leads.
• Provide initial meeting with seller and/or seller's representative.
• Provide all pertinent property description information, seller demands, terms, conditions, and contact information to management.
• Prepare letters of intent.
• Maintain close relationships with land developers, brokers, and land owners.
• Underwrite and analyze the financial aspects of each development opportunity.
• Communicate regularly with city officials.
• Negotiate purchase contracts with sellers.
• Conduct all business in a professional and ethical manner to serve customers and increase the goodwill and profit of the company.
• Able to travel overnight.

Requirements

• 5+ years experience in land acquisition or a related field.
• Bachelor's degree in engineering, finance, real estate, or a related field is preferred.
• Strong written and oral communication skills.
• Ability to multi-task and attention to detail.