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Basic Steps |
The ten basic steps to a successful timber sale "We will be here to help with each and every step!" |
New Growth Forestry LLC Forest Management & Timber Sales Co 740-380-9250 Phone 866-533-0430 Fax Email inquriy Service Area: Ohio Kentucky West Virginia |
1. Hire the help! Hire a professional forester or timber sales agent to represent you. The timber sales administrator will provide all services necessary to complete an effective timber sale from start to finish. 2. Know your boundaries! Your agent will visit your property to map and mark your tract boundary lines. We will provide you with detailed tract maps using the latest topographical mapping software. 3. Know your volume. Estimating volumes of rough wood products requires knowledge of the various units of measurement and how to obtain accuracy in these measurements. 4. Timber species. Timber marketing is highly specialized. Exact tree species must be recognized and will allow for an efficient offering to the best markets and thus, obtain the best price. 5. Quality and quantity. Typically, large trees that are free from knots, defects and lower limbs are the most valuable. Trees are given different grades that pertain to their quality. (ie. Veneer) Knowing the quality of your timber will bring premium prices at sale time. The quality, quantity, volume and species data will give a useful estimate of the dollar amount you can expect to receive. 6. Forest Issues. Discuss with your forester or agent your specific goals for your forest. Ultimately, your goals will determine what type of harvest will be utilized. (ie. logging methods such as, select cut or clear cut) 7. Find a buyer. For most tracts of timber, the best and most fair method to all parties involved is to implement the sealed bid process. Your agent will solicit a number of companies who will visit your property and evaluate your timber. Each company will submit a bid by the closing date. Your agent will then review the bids with you. This process may take a few weeks to a few months. 8. Contract negotiations. Your agent will draw up a legally binding timber sale contract to be signed by all involved parties. This contract will include a legal description of your property, sale price and method of payment, title guarantee, buyers right to access, liability issues, effective and termination date, penalty clauses, arbitration methods, witnessed signatures and other factors. 9. Contract compliance. Your agent will visit your property to ensure the logging company is meeting all contractual obligations. (including taking only the logs or trees specified!) Typically, a final site evaluation is necessary to ensure that certain logging areas have been smoothed and seeded to protect the soil from further erosion. 10. Sit back and relax! We promise to take the time necessary for you to reach an informed decision-- one that you feel comfortable with. Be confident that our team will actively market your timber to the top paying buyers in the region. |