If you own land that contains timber, you may be interested in selling it. Selling timber can be an effective way to generate revenue, and when managed properly, timber can be a renewable resource. If you're interested in getting started selling timber, here are four things you should do:
1. Have your timber appraised.
There is no set worth for timber. The price you can expect to receive will depend on a few different factors, such as the age of your trees, the number you have available, and the type of tree growing on your property. A timber appraisal service will send an expert to your location. They will inspect the trees on your property and give you an estimated value. Even if you decide not to sell your timber right away, knowing the approximate value will give you a better idea of how much your assets are worth.
2. Hire a forestry consultant.
After you know how much your timber is worth, you will need to find a buyer for your timber. You can look for a buyer on your own, but dealing with buyers can be tricky when you don't have the necessary experience. You may end up accidentally agreeing to a deal that isn't in your favor. Forestry consultants specialize in the sale and management of forestry resources. Hiring a consultant will give you a middle man who can help you negotiate a deal. Although a forestry consultant will charge a fee or a percentage of the final sale price, most landowners find the expense well worth it.
3. Mark your property lines.
While you may know exactly where your property ends, professional loggers who are unfamiliar with your land will not. Make the logging process simple for everyone by marking your property lines. You can spray paint trees along the property border for a quick and easy way to delineate the edge of your property. However, some people prefer to use posts instead. If you drive posts into the edges of your property and attach a brightly-colored piece of cloth or tape, your loggers will know where to stop cutting.
4. Save some of your trees.
Clear cutting all the trees from your property will net you the biggest immediate profit, but it isn't the best option for long-term forestry management. Clear cutting can contribute to soil erosion, which can reduce the value of your property. It also exposes the plants on the forest floor to more sunlight, which can cause an explosion in weed population. In general, it's a better idea to thin the timber from your property without removing all of it.Share