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Re: Timber sales
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Posted by Smokey Bear on December 05, 2005 at 18:48:50 from (64.33.188.63):
In Reply to: Timber sales posted by Dan in Ohio on December 04, 2005 at 12:28:16:
Dan, first know what you don't know. From your description you are really open to get taken. Since I work in state forestry I may be a bit biased but I have seen lots of sales go wrong when
a well meaning landowner meets someone less than fully ethical. First, talk to your service forester a bit more about what needs to be done to properly manage the forest. Write it down as an independant view which is probably right.
Next, take this information in hand when you contact and interview several consultant foresters ( not brokers!). Choose one that is more interested in the long term care of the forest than todays dollars. Spend some time to do a reference check on the best candidates, then hire the best of this lot of consultants to represent you. (this may seem like a lot of work but not doing it can have high costs!) If any consultant wants to purchase your wood "watch out", also if they do not bid out the wood just walk away.
There are lots of tricks to the "trade" and a landowner who only sells wood once in life time is asking for a bad deal.
Be darned sure you have a good contract with the consultant and with the logger. If things get to court the only things that matter are those that are written.
Selling timber can be a great experience for you and for the land if you invest some time up front.
Good luck!
Ole Smokey.
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