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How this helps you:
This activity walks you through the process of marketing your timber.
Step 1: Determine Reasons for Harvest
Read the section entitled “Why Harvest Timber” ( PDF version; page 104) and list the most important reasons why you would harvest timber within your forest or for a particular stand. Those reasons are part of your management objectives which will help determine how the harvest is designed.
Step 2: Select a Forester
Step 3: Select Trees and Season for Harvest
Read the “Selecting Trees to Harvest” section on ( PDF version; page 104) so that you understand the relationship between your management objectives and a prescription a forester will recommend for removing trees. Consider how the season of operations may impact your harvest by reading the “Determining Seasonal Timing of Harvest Operations” section on ( PDF version; page 105). Discuss your management objectives with your forester and agree on the type and amount of harvesting and the season of harvest that are most appropriate.
Step 4: Determine Worth of Timber
Step 5: Decide Your Preferred Method for Pricing Timber
The method by which your timber is priced (“Methods of Selling Timber” section ( PDF version; page 106)) — will impact factors such as how much effort needs to be expended to assess the volume of timber you have to offer for sale and the ongoing administration of an active timber harvest as well as when payment(s) occur. Discuss with your forester whether you should conduct a lump sum sale or a sale-by-unit arrangement.
Step 6: Create a Timber Sale Prospectus
Step 7: Select a Buyer
Read the section “Selecting a Buyer” ( PDF version; pages 107-108) and think about which the three ways in which you can sell your stumpage (single offer, oral auction, sealed bid auction). What are the advantages and disadvantages of each method for you? With your forester, determine which method is right for you.
Step 8: Prepare the Timber Sale Contract
Read the section “Preparing a Contract” ( PDF version; page 108) and review the “Sample Timber Sale Contract” ( PDF; 0.2 MB). Determine the advantages of working with a forester and/or an attorney to write a timber sale contract. If your forester or an attorney has a contract that they recommend, look specifically at the extent to which the items included within the Sample Timber Sale Contract are included in their contract. If they are missing, is that acceptable to you?