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Land Acquisition Associate - WA - Bellevue
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Land Acquisition Associate
WA - Bellevue 98005view map

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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 STARŪ 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: The Land Associate is responsible for assisting the land acquisition department in acquiring raw land or finished lots that support the Divisions market strategy and business plan.  This includes preparing market research reports as well as scouting possible land deals.  

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Sellers & LOIs
  • Establish direct relationships with potential sellers and off-market land sources (brokers, land owners).
  • Initiate deal discussions and start preliminary negotiations.
  • Prepare offers and submit Letters of Intent (LOI).
Market & Land Use Research
  • Utilize Market Research Software, broker & developer relationships, and other sources to research and identify potential land acquisition opportunities that align with Market Strategy and Business Plan goals.  
  • Create reports from Market research software and other data sources to define competitors.
  • Review municipal records to identify residential projects in process for potential acquisition. 
  • Analyze municipal land-use in targeted markets to assess opportunities for entitlement.  
Site Visits & City Research
  • Conduct preliminary site visits on specific targeted deals and analyze for feasibility.
  • Visit and catalog existing use properties in targeted markets to assess opportunities for residential construction.
Analysis
  • Assist with preparing market studies which includes risk analysis, due diligence and financial review. 
  • Assist with preparing Land Package (to include proformas) for submittal to Corporate Land Committee.
  • Assist the Land Acquisition team in preparing the Market Strategy report annually.
EDUCATION/EXPERIENCE/MINIMUM REQUIREMENTS:

Education/Certifications/Licenses      
  • Bachelor’s Degree preferred.  Prefer degree in related field (Business, Construction Management, Engineering, Planning, Government Relations and/or Finance)
Experience 
  • 2-3 years of direct land experience required
  • Market research experience required 
Knowledge, Skills & Abilities
  • Action oriented, with the drive to push deals to successful closure
  • Makes quick and accurate decisions based heavily on facts, data and/or metrics
  • Familiarity with land use Concepts and experience working with municipal officials on land use related issues.
  • Strong technical and analytical skills
  • Ability to negotiate and influence important decisions
  • Strong ability to work within a team setting, inclusive of other’s ideas
  • Strong verbal and written communication, with the ability to take complex concepts and communicate succinctly and accurately
  • Proven ability of being customer centric by seeking solutions from the customer’s perspective
  • Must be proficient in Microsoft Suite (at least intermediate level). Advanced Excel Skills required
COMPENSATION AND BENEFITS:
  • Base Salary: The expected base salary range for this position is $90,000 - $110,000 per year depending on experience, paid semi-monthly.
  • Bonus:  this position is eligible for an annual discretionary bonus
  • Benefits include:  
    • Medical, Dental and Vision
    • 401K Plan with Company match (vesting percentage based on years of service)  
    • Paid Time Off – vacation (10-20 days per calendar year based on years of service), sick leave, bereavement leave (3-5 days), jury duty (up to 5 days), and paid holidays (11 total per year)  
    • Life Insurance, business travel accident, optional insurance (paid by employee) for disability, supplemental life, AD&D, and critical illness  
    • Monthly mobile phone stipend  
    • Optional Flexible Spending Accounts for healthcare and dependent care 


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!

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