About Us

In April 2006,  California real estate sales hit their slowest pace since 2001, largely due to higher interest rates and less buyer urgency. Many economists forecast that prices will be flat or continue to decline and interest rates will continue to climb in an attempt to bring the housing market and the economy back in sync. This notion is reinforced with the current interest rates averaging 6.51 percent. In addition, the foreclosure activity in California for the first quarter jumped an annual 33.6 percent to 28,550 incidents. This makes for many unhappy California homeowners.

We at LandZenn aim to assist property owners in the quick sale of their property through the venue of real estate auctions. We act as a marketing medium that fast-tracks response to your property through massive media exposure. By choosing the auction method your property will have exposure in print media, electronic media, radio, and even television when applicable. We provide signs that literally stop traffic to give your property an extra edge, as well as creating a tailor made web page dedicated to your property. We have a vast database of potential buyers and investors who will be viewing your property along with other auction listings for their next purchase. If you have an agent it’s no problem! We are here as a tool in an agent’s belt that makes their job easier. We do all the work and they sit back,  collecting a commission when we bring out a buyer. Let us play matchmaker for you. Call or email today to request a no-obligation consultation with one of our sales associates.

If you are interested in selling or purchasing a property through the auction method, you may reach LandZenn directly at (714) 540-3783, or for more information, call (866) 4LandZenn (866-452-6393) or visit us on the web at www.LandZenn.com.

We save buyers money, while simultaneously increasing the seller's net gain.This may seem virtually impossible, but by streamlining the sales process for the buyer and seller through the auction method, both parties come out ahead. The seller benefits by selling their home as-is; they sell quickly with an average 30-day escrow; they save on long term holding or carrying costs;  in many cases they eliminate agent commissions. This enables them to pass the savings along to potential buyers by starting the bidding at a lower asking price, many times up to 15 percent or more below market value. This equates to a potential savings of many thousands of dollars that can yield equity upon purchase for the buyer. In the end, fair market value prevails for both the buyer and the seller.

Many people think of an auction and they think, “homes in financial trouble being sold sight unseen on the courthouse steps as a result of an owner being forced to sell.” This is not the case with a LandZenn auction. LandZenn offers the savvy homeowner the opportunity for high visibility and exposure to the largest possible segment of the buying population at one time, while saving money on holding costs like taxes, long term mortgage payments, insurance, maintenance, and repairs. The opportunities for buyers are a quick, painless sale; a pre-negotiated asking price that is well below that of the surrounding comparables for the area; no pressure to spend more than you are comfortable spending; the ability to preview the home prior to auction, unlike foreclosure auctions;  a smooth sales process with willing sellers who offer their home freely, without the hassle of lock-out or tenant eviction. The auction process is truly a win-win proposition for everyone involved.

Most auction companies charge a buyer’s premium and so does LandZenn. This covers the cost of holding the auction and payment of a 2 percent commission to buyer or seller agents (if applicable). The Buyer's Premium is a percentage added to the winning bid to determine the total sales price. Buyer's Premiums range from 6 to 10 percent on average. LandZenn uses a 7 percent buyer's premium in an attempt to maximize savings for the buyer.
You, as the buyer, may choose the 100-percent financing option at the time of purchase. This would allow you to finance the full cost of the buyer's premium so long as the total sales price is at or below the appraised value. In addition, a nominal marketing fee is paid by the seller. In the end, the auction method still leaves the seller with a much larger net gain than the typical retail sales process, and the buyer with the opportunity for a much lower price and possible instant equity than would be found buying retail.

LandZenn offers multi property auctions of various sizes, in one or more simultaneous  locations. We may hold a 30-property auction one month and then hold a series of smaller auctions over a couple of days. We call this a Caravan Auction. One significant benefit of this type of auction is that the buyer is either at or very near the property of interest. Another significant benefit of the smaller auction is immediacy. No waiting a month and more to sell your home. You also get more personal attention. The added benefit to the seller who opts for the larger auction is the extra marketing exposure that will be generated due to the nature of an auction of this caliber. The added benefit for the buyer is having a ready comparison of the value of their property by seeing what other buyers would have paid for the home they purchased that same day, and having many properties to choose from all under one roof. Up-to-date information for all auctions can be found on the LandZenn website or by calling the information line below.

If you are interested in selling or purchasing a property through the auction method, you may reach LandZenn directly at (714) 540-3783, or for more information call (866) 4LandZend (866-452-6393) or visit us on the web at www.LandZenn.com.