| Lump Sum Sealed Bid:
The lump sum sealed bid method is the best method for selling timber in cases where the offering is attractive. The most important factors affecting marketability are:
1. Volume of Timber
2. Species/Quality/Size of Timber
3. Distance to End Users
All else equal, properly timing a sealed bid timber sale is the most critical factor. The market for timber is highly cyclical, and knowing when to offer a particular tract for sale can make a difference of more than 50% in the sale price. The sealed bid method gives bidders only one chance to buy the timber, and results in each bidder submitting the highest bid that they can afford to pay for the timber. If such a sale is properly prepared and marketed, the results can be very gratifying to the landowner. For a detailed picture of how Ridgerunner Forestry conducts sealed bid sales , please click here.
Ridgerunner Forestry has conducted over one hundred timber sales since 1988, with a proven track record of excellent results. Feel free to contact us for a list of satisfied clients.