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Land Acquisition Analyst

M/I Homes has been building new homes of outstanding quality and superior design for more than 40 years. Founded in 1976 by Irving and Melvin Schottenstein and guided by Irving’s drive to always “treat the customer right,” we have fulfilled the dreams of over 140,000 homeowners and grown to become one of the nation’s leading homebuilders. M/I Homes started as a family business and grew into a national leader in a single generation with divisions in 17 markets, including Austin, Charlotte, Chicago, Cincinnati, Columbus, Dallas, Detroit, Ft. Myers/Naples, Houston, Indianapolis, Minneapolis, Nashville, Orlando, Raleigh, San Antonio, Sarasota, and Tampa.

Job Summary:

Provides system, process, and market analysis for all Land Operations.  Maintains and improves processes, systems, and reporting tools for all aspects of land acquisition.

Duties and Responsibilities:

Land Acquisitions:

  • Compiles, organizes, and analyzes sales, building permit, and development data.
  • Targets future acquisitions by analyzing trends, GIS maps, and leads provided.
  • Conducts competitive market analyses for leads provided, including researching price points and leading competitor shopping.
  • Establishes and maintains competitive project and market data maps.
  • Develops introductory packages for all prospective land jobs.
  • Compiles and analyzes sales price worksheets (SPWs) for prospective land purchases and coordinates input from division departments.
  • Leads and organizes the compiling and preparation of LAFs and internal approval packages.
  • Provides competitive information regarding HOA and CDD fee structures in preparation for sales openings.
  • Compiles and analyzes projects and purchase contracts during the due diligence process.
  • Coordinates Lot Purchase Agreements, closings, and deposit requests.
  • With the Development Team, coordinates lot walks for finished lot purchases from third parties.

Land Development:

  • Creates and monitors land development schedules and Critical Dates Summary; incorporates land development schedules in LAF’s.
  • Reviews initial bid packages during feasibility phases and analyzes budgets for LAF preparation.
  • Compiles, organizes, and analyzes land development costs to maintain a backlog of cost history.
  • Works with Director of Land Acquisition to routinely provide reports to land and operations teams regarding all projects in feasibility or lead process.

General:

  • Maintains Land Acquisition files.
  • May serve as Homeowner Association board member as needed and assigned.
  • May serve as Community Development District board member as needed and assigned.
  • Assists with special projects as requested.
  • Performs additional duties as required. 

Minimum Education:

Bachelor’s degree in Business, Accounting, Finance, Civil Engineering, Real Estate, Development, or other related degree.  Five to seven years of experience in a related field.

Skills and Abilities:

  • Excel, Word, Power Point, and Project Management
  • Skilled at navigating to web (Metro Study, MLS, Map Wise, etc.) and government agency sites to obtain information on owners, land feasibility, land values, permits and market trends.

Work Conditions and Physical Requirements:

  • Office environment and some outdoor environment.
  • Exposure to typical Florida weather conditions, from time to time.
  • Requires some local travel within the market, including city and rural, day and night driving.

M/I Homes offers a comprehensive benefits package, including medical, dental, vision, paid time off and paid holidays, paid parental leave, traditional and Roth 401(k) options, profit sharing plan, employee stock purchase plan, employee home purchase plan and more.

We are committed to attracting, developing, and retaining diverse talent that reflects the customers we serve and the communities where we live and work.

We are proud to be an EEO/AA employer M/F/D/V. We maintain a drug-free workplace and perform pre-employment substance abuse testing.

#IND123

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CEO of M/I Homes
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Robert H. Schottenstein
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What You Should Know About Land Acquisition Analyst, M/I Homes

At M/I Homes, we're looking for a motivated Land Acquisition Analyst to join our dynamic team! With over 40 years of experience in building high-quality homes, we pride ourselves on our commitment to excellence and customer satisfaction. As a Land Acquisition Analyst, you'll play a crucial role in our land operations by providing in-depth system, process, and market analysis. Your responsibilities will involve compiling and analyzing sales data, conducting competitive market research, and developing introductory packages for prospective land opportunities. You'll work closely with different divisions to coordinate input and lead the preparation of crucial approval packages. Your analytical prowess will help us identify future acquisitions by examining trends and utilizing GIS maps. If you're passionate about land acquisition and have a knack for analytical work, this is your chance to contribute to a company that has successfully fulfilled the dreams of over 140,000 homeowners. Plus, with our comprehensive benefits package, including competitive salaries, health benefits, and flexible retirement plans, you’ll have the support you need to thrive both personally and professionally. We are excited to welcome a new Land Acquisition Analyst who shares our passion for excellence and commitment to growth!

Frequently Asked Questions (FAQs) for Land Acquisition Analyst Role at M/I Homes
What are the main responsibilities of a Land Acquisition Analyst at M/I Homes?

As a Land Acquisition Analyst at M/I Homes, your primary responsibilities include compiling and analyzing sales and development data, conducting competitive market analyses, and coordinating with various departments to prepare land acquisition files. You'll analyze trends through GIS maps and develop competitive project data maps to assist in future acquisitions.

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What qualifications are required for the Land Acquisition Analyst position at M/I Homes?

To qualify for the Land Acquisition Analyst position at M/I Homes, candidates should possess a Bachelor’s degree in Business, Accounting, Finance, Civil Engineering, Real Estate, Development, or a related field. Additionally, five to seven years of experience in a relevant field is essential to ensure a strong foundation for the role.

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What software skills are necessary for a Land Acquisition Analyst at M/I Homes?

Proficiency in Excel, Word, PowerPoint, and Project Management tools is crucial for a Land Acquisition Analyst at M/I Homes. You should also be skilled at navigating various online platforms such as Metro Study, MLS, and other government agency sites to gather pertinent information regarding land feasibility and market trends.

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What is the work environment like for a Land Acquisition Analyst at M/I Homes?

The work environment for a Land Acquisition Analyst at M/I Homes includes both office settings and occasional outdoor exposures. You may experience typical Florida weather conditions depending on external inspections, and you will be required to travel locally for site visits, which may involve day or night driving.

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What benefits does M/I Homes offer to its Land Acquisition Analysts?

M/I Homes provides a comprehensive benefits package for its Land Acquisition Analysts, which includes medical, dental, and vision coverage, paid time off and holidays, parental leave, various retirement options, and an employee home purchase plan. This ensures that you receive the support you need to thrive in your career and personal life.

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Common Interview Questions for Land Acquisition Analyst
How do you analyze market trends for land acquisition?

In your response, explain your approach to gathering data, using tools like GIS maps, and your experience conducting competitive market analyses. Illustrate how you use this data to inform acquisition strategies.

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Can you describe your experience with sales price worksheets?

Your answer should highlight specific instances where you've compiled and analyzed sales price worksheets in the context of land acquisition. Mention any collaborative efforts with various departments to outline decision-making processes.

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What tools do you use for tracking land acquisition processes?

Discuss the specific software and tools you've used, such as Excel and project management software, detailing how they help you maintain organization and streamline the acquisition process.

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How do you ensure accuracy in your land analysis?

Talk about the measures you take to verify data accuracy, such as cross-referencing multiple sources, performing audits, or using statistical methods. Provide examples of how this attention to detail has impacted your previous projects.

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How do you handle tight deadlines in your work?

Describe your time management strategies, such as prioritizing tasks or delegating responsibilities. Give an example of a time when you successfully met a deadline under pressure in your land acquisition activities.

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What do you consider the most important skills for a Land Acquisition Analyst?

Emphasize analytical skills, attention to detail, and proficiency with technology as key skills. Illustrate how these skills have played a crucial role in your past successes in land acquisition.

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How would you conduct a competitive analysis of potential land deals?

Provide an overview of your process for conducting competitive analyses, including how you gather and interpret relevant data. Make sure to mention specific tools or methods you utilize in your analysis.

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Can you give an example of a successful land acquisition you contributed to?

Outline a particular project where your analysis and data directly influenced a successful land acquisition. Mention the steps you took and the outcome of that acquisition for the company.

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What role does teamwork play in land acquisition?

Discuss how collaboration is vital in the land acquisition process, especially regarding input and feedback from various divisions. Share experiences that demonstrate your ability to work well within a team.

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How do you stay updated with industry trends in real estate and land acquisition?

Mention your commitment to ongoing education, whether through industry reports, networking, online courses, or attending relevant seminars. Discuss how this helps you remain competitive in your role.

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When our co-founder Irving Schottenstein was asked what he thought was our most important core value, he replied, "Always remember to treat our customers right". As a result, honesty, integrity and treating our customers right guide all of our act...

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Full-time, on-site
DATE POSTED
January 8, 2025

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