Land Acquisitions or Sales?
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Career Resources
What market/how far are long are you in SFH land acq role? Offer in hand? What's the sales job in ?
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What’s your background? Do you work in sales currently?
Why don't you try and find a job selling apartment buildings if that's what you want to do? Land and sfh is completely different.
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Brokerage-> GP is probably going to be the best route
Doesn't like sound you have technical skills to start off in a GP acquisitions role
What's your experience in real estate?
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Land is RIP today! You won't get paid for 2 to 3 years as institutional groups are only doing options today to tie up the site. Hence you won't close for 24 months. Also, most land sellers don't need to sell unless it's a land flipper who is most likely in the red! They most likely have existing broker relationships.
Groups that close in 3 to 6 months will most likely walk away after DD unless it's HNW funds or non-institutional money.
On the IS side, if you are doing private capital, you might be lucky to do some deals but it's a crowded space of brokers!
Tough time to be in development and brokerage today. Lots of sleepless nights with capital requiring a 6-7% PLUS YoC, market dependent.
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