In all, 90 properties will be auctioned off during the company's Fall 2001 auctions, which includes both oral and sealed-bid auctions held on November 14 and 16. Eighteen other properties located in Idaho and Northern California will also be auctioned off. In all, 11 of the properties valued at more than $1.7 million will be sold with no minimum bid including industrial sites with 80,000 sf of improvements, subdivision lots, a restaurant, agricultural land, an elk hunting tract and more than three million board feet of timber.

"We specialize in surplus corporate real estate of any type," explains John Rosenthal, president of Realty Marketing, "and deal with nonprofits with their gift real estate. We work with developers and lenders. We operate with published reserve prices. Some have no minimum bids."

Rosenthal started the business in 1986 when an acquaintance said he wanted to start an auction company. Since then his company has been involved in such projects as liquidating the real estate portfolio for Burlington Northern Railroad in 1992 and the entire city of Samoa, CA.