Who: Realty Marketing/Northwest is the largest auction company of its kind in the western U.S., specializing in timberland, ranchland, and recreational properties, along with vineyards. It focuses exclusively on oral and sealed-bid auctions. Realty Marketing/ Southeast handles a variety of large land tracts in the southeastern part of the country.
Where: Realty Marketing/Northwest has offices in Oregon and Washington, with coverage throughout the West, while Realty Marketing/Southeast covers Texas, Louisiana, Arkansas, Mississippi, and Alabama.
Why: Realty Marketing/Northwest has sold over $1.1 billion in land at auction since 1985. “There are no hidden reserves and no starting bids,” President John Rosenthal says. “All properties are offered with published reserved prices, providing a transparent bidding process to all prospective buyers.”
Wow: In two separate sealed-bid auctions, the firm sold the Kahn Timberlands, a private portfolio of California redwood property featured in National Geographic, and the Minam River Lodge in northeast Oregon.
Pictured Above: The Kahn Timberlands, which contain over 142 million board feet of mature redwood and Douglas fir.
Download the digital version of The Land Report’s Summer 2012 edition for our third annual roundup of the nation’s leading auction houses.