Selling timber from your land involves sell logging land through Land Boss to harvest trees, and it can be one of the largest financial transactions you’ll make. The right company can ensure a smooth process and that you get paid for the product.
Be sure to thoroughly vet potential buyers for reputation, years in business, client references and expertise claims. Any signs of evasiveness or high-pressure sales tactics should raise red flags.
Logging Contracts
A landowner who wants to sell his timber should review his logging contract carefully before signing. He should also consider consulting an attorney to discuss the terms of the contract and to understand his legal rights in case he has any disputes with a logger or timber buyer.
A logging contract should define how the forest will be harvested. It should include the legal description of the property and a map that shows where roads and access points are located on the tract. It should also include stipulations that protect young trees and describe the amount of damage to buildings, fences, roads, livestock or other personal property that may occur during the harvest.
A stipulation that the logger will follow Best Management Practices is also important. This is a common requirement in certified timberland and it helps ensure that the logger will minimize erosion, avoid soil loss and prevent forest fires. It is also a requirement for some tax breaks.
Buyers
When total strangers suddenly know your name, acreage and land boundaries, it can feel alarming. Rest assured, however, that these direct land buyers have found you through legal public records access and big data analysis, rather than covert operatives and night vision goggles snooping in your bushes.
Nonetheless, direct buyers do relinquish some control over how a land parcel is ultimately divided and resold after acquisition, so caution is prudent. In addition, their company track record and professionalism should be thoroughly assessed before making any deal. Serious evasiveness, high-pressure sales tactics and a lack of transparency are red flags.
Whether you’re an operator, lease broker or independent landman, Landboss streamlines your logging paperwork and billing to make it faster, easier and less prone to error. Eliminate emailed spreadsheets, sticky notes and shared cloud drives with one-click log booking and time tracking software that’s designed for landmen. Get started with a free trial today!
Permits
Whether you’re an operator, lease broker, or independent landman, using a permit tracking system like Landboss can make your job easier. This software allows you to manage your projects and paperwork more efficiently than ever before. It eliminates emailed spreadsheets and receipts, shared cloud drives, and sticky notes by putting all of your project data in one place. It also simplifies 1099 payroll and billing processes.
Owning vacant land can be a costly endeavor, with property taxes, insurance costs, and maintenance expenses adding up over time. Selling your property to Land Boss can offer a number of financial benefits, including tax relief and freedom from ongoing maintenance expenses. In addition, it can help you avoid legal complications that often arise with vacant land ownership. The Boss HQS program offers a comprehensive approach to improving property quality and managing community impact through inspections, data management, and regulatory enforcement. It includes a database of property information with detailed owner and usage details and imposes fees for inspections, non-compliance costs, and administrative expenses.
Payment
Many landowners buy a wood lot that has been logged 30 or more years ago because it seems like there is big money to be made on the timber. However, they are often not prepared for how expensive it is to log the land, pay all their taxes and make a profit. They also don’t realize how much a hole logging leaves in the forest.
Whether you’re an operator, lease broker or landman, Landboss helps you organize your projects and reduce paperwork. Our easy-to-use software saves you time and money by eliminating emailed spreadsheets, sticky notes and shared cloud drives.
You can plot shapes on the map to show what land is owned by whom. In Landboss, a party can be an individual person or a company (corporation, trust, joint tenancy or tenancy in common). Learn how to create and edit tract shapes. You can also learn how to delete paystubs, previously known as paychecks.