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Seven Steps to Conducting a Successful Timber SaleStep 1: Establish sale/property boundaries.Step 2: Determine and define access.Step 3: Identify trees to cut and appraise value.Step 4: Advertise the sale.Step 5: Execute a written contract.Step 6: Monitor active logging.Step 7: Close out the sale.
A typical timber sale contract usually contains the following: a description of the timber to be sold (estimated volume, number of trees and species), which timber will and will not be cut, the selling price (either lump sum or unit price), terms of payment, the location and boundaries of the sale, and time allowed to
Lump-sum sales are the simplest way to sell timber. Typically, the sale is put up for bid and each potential buyer submits an offer for the designated timber. Lump-sum sales require buyers to have accurate volume estimates by species and product type to establish their bid.
You can sell through an oral auction where several buyers attend and verbally bid on the trees, or you can request sealed bids that allow you to compare several different offers on sale day. In the sealed bid method, buyers get a period of time (usually 4-6 weeks) to inspect the timber and mail you written bids.
Logging contractor means a person who contracts for the cutting of timber, the hauling of logs or the skidding of logs, purchases timber to cut, or sells unmanufactured forest products.