No other Southern California brokerage company specializes in land the way Korek Land Company, Inc. does. Since 1980, our ONLY business has been the brokerage and analysis of land / development properties. We are LAND specialists. We broker acreage, vacant land, partially developed properties, finished lots, and underdeveloped teardown re-develop type properties.

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The Key to Land Brokerage: Aggressive Marketing That Achieves Broad and Deep Market Penetration
We believe a company's integrity is as important as its knowledge and experience. We are proud to point out that Korek Land Company, Inc. ("KLC") operates under the highest ethical standards, as do the brokers/agents we share our listings with. We encourage potential clients to contact our references - we come very highly recommended and you will enjoy doing business with us.

Our brokerage company provides land sellers and buyers a degree of professional expertise unparalleled in the industry. KLC represents sellers on an exclusive basis in California and Nevada. Periodically, we represent buyers on a transactional or retainer basis.

KLC's extensive and professional Database Network includes thousands of buyers, sellers, investors, land owners and brokers of California and Nevada land. We continually update our database with virtually every buyer, seller and broker of land in our market area. We believe our aggressive tracking efforts can identify every active land buyer and seller through our Database Network or through one of our Network broker/agent contacts. Being located next to a listed property is less important than the ability to access the entire buyer community.

For outlying areas, KLC often maintains marketing partners with highly reputable local brokers/agents. This shared listing system provides an on-site broker to facilitate property tours and doubles up on marketing efforts. This is a bargain for a seller for they receive twice the marketing effort for the same commission. The seller benefits by having exceptionsl market penetration from two powerful marketing platforms at the cost of a single commission.

The Key to Land Analysis: Experience
Our staff has extensive experience in the successful development of small parcels to master planned communities, the complete analysis of properties, the processing of zone changes, specific plans, general plans, E.I.R.'s, bond financing and development agreements. This experience enables us to understand complex transactions and better meet our sellers' objectives.

KLC has the experience and ability to effectively market a property and maximize its value. More than 30 financial institutions and countless private entities have trusted KLC to locate buyers, optimize values and close transactions. These results are achieved through a process:

• Proper interpretation of how the market will perceive the asset and location. We are in tune with today's buyers, real estate professionals, appraisers and the ever changing market.
• Energize buyers to pursue our listing through an appropriate asking price and marketing presentation.
• Assure broad market penetraton. Reach the broadest land buyer and broker audience is driven by our marketing platform including elements such as:
  • Personal phone calls to know land buyers of a particular type.
  • Email Blasts - using our exclusive Database Network and Find Buyers Program to match hundreds of active land buyers requirements with land asset characteristics.
  • Email Blasts - using our exclusive Database Network to match broker offices in the area of the asset.
  • Email Blasts - using Property Blast (an online service), approximately 90,000 nationwide brokers are contacted. (Statewide numbers vary between states - CA = 15,000; NV = 3,500)
  • Direct Mail - marketing packages are mailed to adjacent land owners, land buyers and brokers.
  • Newspaper Ads - advertisements in the Los Angeles Times, Wall Street Journal (U.S. and/or Asian editions).
  • Internet Presence - we place the listed asset on the following websites:
    • Our company website
    • LoopNet
    • Property Line
    • Land Watch
    • Land & Farm
    • Cityfeet (exposure on 200+ websites)
• Persistent gathering of market feedback; we separate the "wheat from the chaff," which helps sellers better understand the existing market realities, explore alternatives and if needed, determine an asset's "mid-course correction."
• We provide sellers timely marketing reports that summarize marketing efforts, feedback, and offers for easy comparison and decision making.
• We are available to help negotiate transactions and stand ready to support the client's attorney or in-house staff. We also provide professional prepared purchase and sale agreements which many sellers elect to use to keep costs under control.
• We also provide in-house management of the escrow process.

Our Database Network is continually updated with our land buyers and their buying requirements as well as brokers. Below is the process we use:

• Via mail - twice a year, contact all relevant land owners in the areas we specialize in offering to email or mail them our new land listings.
• Every month, contact new land owners in the areas we work who the previous month recorded a deed on a parcel of land and make them aware of our servcies. This includes land buyers who purchased at a trustee sale.
• We research all brokers and agents who have listed land in the areas we work and include them in our new land broker distribution list.
• Every buyer and broker who contacts us is added to our database if they are not already in it.
• For commercial listings, we research / brainstorm who the potential users would be for the proeprty and contact them or their corporate office and provide them site data. If we are not in contact with a particular buyer, odds are one or more of the land brokers in our database are.
• We share our listings and commissions with all brokers. We have a very large broker/agent following since this has always been our practice. If there is a buyer that we are not aware of, chances are one of the brokers we work with will know them
• Our goal is to generate as many offers for a listed proeprty as soon as possible so the seller we represent has multiple offers to choose from.

Sellers often feel they can save money by attempting to sell land themselves or by telling one or more real estate agents that their property is available and letting several agents attempt to sell the property. We truly believe this is not a wise decision.

Offering a property for sale by owner may produce offers from real estate agents, but this nonetheless involves a commission. Even if the seller will only accept a net offer, one should realize the commission is always a part of the purchase price whether it is deducted from the seller's proceeds or added to the buyer's costs. When a buyer analyzes the purchase of a property, the commission is part of the cost, whoever pays it. The purchase price either works with the commission or it does not work at all.

With an open listing, various agents are competing with each other. The first agent to get an offer signed has the best chance to earn a commission. The agent's objective is to get their offer accepted; not necessarily representing the seller's best interest.

Another open listing problem is no one correctly markets the property or presents it to the entire market. Thus, the seller never really gets to see all possible offers and does not have the ability to choose the best offer from the best buyer.

An exclusive listing with an experienced land brokerage company makes good sense.

By providing an exclusive listing to an experienced land brorker, a seller then has someone representing his interests. The selected broker has the time and incentive to correctly market the property to all potential buyers and to other brokers. The exclusive broker can help the seller analyze each offer/buyer and select the best offer at the highest price with the most reputable buyer who will close the escrow.

To help protect our clients and save them money, we provide - at no cost - a professionally drafted purhase and sale agreement. The agreement facilitates an efficient, effective and economical transaction. We recommend that our clients pass this document by their attorneys before executing.

On a regular basis we distribute commentaries and bulletins on current land related subjects. Commentary subjects often summarize the results of recent court cases and/or new legislation, which effect land and land development. Bulletins are distributed when important issues arise. Occasionally, bulletins requesting taking some action such as contacting a state senator to show support of pending legislation.

Click here for a list of Commentaries.

William J. Korek - Chairman
Prior to founding Korek Land Company, Inc. in 1980, William (Bill) Korek held senior management and staff level positions with several national corporations. His field of expertise was department and division operations analysis.

Bill has negotiated hundreds of land transactions ranging from raw, unentitled land to fully developed residential commercial/industrial sites. Bill evaluates all Company listings for their development potential, financial feasibility and marketability.

Bill's diversified experience includes the sale of master planned communities, the financing of land development projects and the arrangement of joint ventures between homebuilders, developers and capital sources. His professional conduct and outstanding accomplishments over the past 28 years have gained him the respect of his peers and colleagues in the brokerage and development industry.

Bill is a graduate of the University of Wisconsin where he majored in Business and Economics. Presently, Bill is a member of the Los Angeles County Parks & Recreation Commission, and is a past member of the Los Angeles County Transportation Commission ("LACTC"). Bill is a licensed real estate broker.

Larry D. Lynch - President
Larry D. Lynch, KLC's President, has more than 35 years of real estate experience in executive management positions. Larry has purchased, sold and/or developed over $1 billion of land and residential units in the Southwest United States. Larry has been involved advising lenders, investors, and builders/developers throughout his career.

Larry has managed and developed raw land, partially improved land, finished lots, marketing programs, model home complexes, residential units, infrastructure systems, construction schedules and budgets covering a wide range of residential planned community, recreational and rural settings. Before joining KLC, Larry was President of M.J. Brock & Sons, Inc., Los Angeles Division.

Larry is a graduate of California State Polytechnic University at Pomona, a graduate of the Claremont Graduate School (Peter F. Drucker School of Management), a licensed real estate broker and previously held a landscape architect license. Larry also has extensive public service experience, e.g., founding board member of the Orange County Community Housing Corp., former Newport Beach Planning Commissioner, and an active board member of Westside Los Angeles non-profit organizations.

Nancy Jo Korek - Co-Founder
In 1980, Nancy Korek co-established Korek Land Company and in February 1984 Korek Land Company was incorporated. Nancy's vision was to establish a company whose only business was the brokerage and analysis of land. This way the company could be the best in its field. Nancy designed the company logo and is responsible for marketing and advertising.

Deanne Boublis - Vice President, Land Sales
Deanne Boublis has over 25 years real estate experience including residential lending, land brokerage and land acquisition. Deanne has worked for KLC since 1987 analyzing land projects for development potential, financial feasibility and marketability. In addition to selling land, Deanne is responsible for the evaluation and preparation of purchase and sale agreements, the development of marketing plans and land sales packages, and escrow coordination. Deanne is a licensed real estate broker.

Adam Corleto - Vice President, Land Sales
Adam Corleto studied real estate development and investment at the University of Pennsylvania and New York University. He also has over 4 years of real estate work experience, including 2 years at a land development company, where he worked in land acquisitions, financing, marketing, and escrow coordination. Adam's primary responsibilities at Korek Land Company consist of extensive land use research, market analysis and land sales throughout Southern California. Adam is a licensed real estate broker.

Ben Wilson - Vice President, Land Sales
Ben Wilson graduated Cum Laude from American University's Kogod School of Business in Washington DC where he majored in Finance and Accounting. In addition to his international product development experience (Shanghai CN), logistics and operations management backgrounds, he as 4 years real estate work experience.

Ben was instrumental in the establishment of a new division of the DC Economic Partnership for a large up-and-coming district in northeast DC. In this position, he served as a liaison between local developers and the community of one of DC's fastest growing and "greenest" (by measure of LEED certifications) districts. Ben also worked at a large brokerage firm in Washington DC where his work focused primarily on retail and mixed use property types in our nation's capital. Continuing his career in real estate brokerage here at Korek Land Company, Ben's responsibilities include land use research, market analysis, asset valuation, and land sales. Ben is a licensed real estate sales agent.

Tammy Shultz - Office Manager
Tammy Shultz has an impressive background consisting of office management, computer operations and programming. In addition to managing the office, Tammy is responsible for coordinating the on-going development of our database system, maintaining our website, managing our marketing and advertising program, purchasing, accounts payable and receivable, creating promotional flyers and client follow-up procedures. Tammy is a licensed California and Nevada real estate broker.

Miguel Medina
Miguel Medina's primary responsibility is to see that each listed property receives the attention and marketing it requires. He is alwo responsible for new buyer/broker research. He is the backbone of the company's research and direct mail marketing. Miguel also researches potential listings as to location, zoning and comparable sales.