Trusted ERP software for homebuilders and developers

Support for the entire residential land development and construction process

MarkSystems® supports every phase of residential land planning and building from land acquisition through land use to home warranty. The Land Development module works off information in the single database. It offers full budgeting, scheduling, contracting, and job costing features for land and real estate development and commercial construction projects. With the addition of LotVue®, you can manage lot development from sales through construction to close. LotVue includes interactive sitemaps and other features that visually depict lot inventory, sales status, construction progress, budget and schedule variances, architectural details, and more. 

Support for the entire residential land development and construction process

MarkSystems supports every phase of residential land planning and building from land acquisition through land use, to home warranty. Using the same single knowledge base, the Land Development module offers full budgeting, scheduling, complex contracting, and job cost for land and real estate development and commercial construction projects.

Track land development projects that have multiple budgets

With support for multiple land development budgets, builders using the MarkSystems’ Land Development module can track development projects from inception to lot assignments, through construction, to closeout. Voucher requests tied directly to contract lines and tight budget control prevent overruns and ensure billing accuracy.

By taking advantage of MarkSystems’ inherent multi-company capabilities, developers can use any entity structure or combination of entities. MarkSystems’ Accounting modules provide discrete company, financial, and cost reporting while allowing cross-company allocations, inter-company postings, and consolidated financial reporting.

Using a single software solution for every phase of residential development and construction gives builders unmatched access to information and control over reporting.

Support complex contracting for land and commercial development

Working job cost budgets for land development are updated directly from accepted subcontractor agreements. Upload contracts and invoices through MarkSystems’ Contract Management & Material Purchasing modules.  From there, it's easy to maintain quantity-based and percentage-complete contracts. 

Virtually unlimited levels of detail lines for multiple cost codes, including change order information by detail line and cost code, are tracked directly in each contract. Extensive reporting on billed items, remaining balance, payments, and contract status identify potential problems before they occur.

Land development costs integrate seamlessly into the vertical construction

Whether land development costs exist in the same company as vertical construction costs or in an entirely separate entity, MarkSystems lets you assign land allocations directly to each house.

The software solution’s common database and multi-company capability let you post costs, payments, expenses, and cash receipts across entities, to individual houses and the land development project. Get insights into lot development and home construction progress, hone in quickly on issues, and make informed real estate development decisions with LotVue. Filter maps by phases, development stages, lot status, and sales status.

Ultimate residential land development flexibility for builders and developers

The MarkSystems Land Development module lets builders and developers enter multiple line items and cost code detail for complex vendor contracts, typically for projects such as land development/site improvement. Linking vendor pre-liens allows you to process progress payments for the contracts and also issue joint checks. Additionally, this data may be used to update and maintain the project’s budget throughout the life of the project. Line items can be added to each account for change order detail throughout the construction process. Investor reimbursement dollars, as a percentage of the total contract, can also be automatically tracked as progress payment vouchers are processed.

Get a demo of MarkSystems

The bottom line: Mark Systems’ Land Development module helps you take any project from initial concept to final close.

Request a demo

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