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   www.southernforestryrealty.com   Today is September 8, 2008  

Selling Your Timber

Marketing timber can be a complicated process. There is no single resource or publication that is available that will help you become an expert at selling timber. There are some specific questions that you should ask, and answers that you should know before selling your timber.

Contact your local Georgia Forestry Commission Forester to request a free exam of your timber.

We highly recommend using a "Forestry Consultant" when you get ready to market and/or sell your timber. Southern Forestry Realty has the qualified people on staff to help you in this area. Also be sure to enact a sales contract that includes the amount to be paid and how the payments will be disbursed, the type of sale, Best Management Practice (BMP) compliance, length of contract, damage penalties and harvest restrictions. You can also include any other provisions that you might deem necessary for the sale.

Things to consider when selling your timber include

  1. The volume of timber that you have for sale
  2. The area to that will be sold
  3. Whether or not the the timber in question is ready for a harvest
  4. Tax implications of conducting a timber sale (State ad valorem, State income and Federal income taxes).
  5. What type of harvest is to be completed
  6. The type of harvest that is to be completed should be based on the objectives of the landowner, which might include maximizing the value of the stand, periodic cash flow, wildlife management, or improving the health and aesthetics of the stand.

 
WHAT PRICE SHOULD YOU GET FOR YOUR TIMBER?

Timber prices may vary throughout the seasons and may also vary by tract and timber characteristics. Characteristics of a tract that drive pricing (value) include the operability, topography and access of the tract to be sold.

For instance, tracts that can be logged in wet conditions often demand a premium whereas those that cannot be logged in wet conditions will demand a lower price. Tracts that are unusually difficult to log for other reasons such as poor access or steep terrain often bring lower prices. Other tracts that usually bring a premium price include tracts that have high quality sawtimber, high volume per acre or within close proximity to a wood using facility. if these characteristics are not present, the price may decrease accordingly.

 
The Georgia Forestry Commission (GFC) maintains a database of timber prices from 1972 until the present. Prices that are maintained by the GFC are kept for the following forest products:

  • Pine sawtimber
  • Pine chip-n-saw
  • Pine pulpwood
  • Pine poles
  • Pine plylogs
  • Hardwood oak sawtimber
  • Mixed hardwood sawtimber
  • Hardwood pulpwood

 

NOTE: The information above was gathered from the Georgia Forestry Commission website.

 



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