ARKANSAS BROKER SPOTLIGHT: Kingwood Forestry Services


 

Pete Prutzman

Pete Prutzman

When Arkansas land buyers work with Kingwood Forestry Services, they get a major bonus.  Kingwood has extensive knowledge of timber manegement and the timber markets, which can tie well into a purchase decision from an investment perspective.And professional forestry services such as long-term management, appraisals and timber sales are cornerstones for the continuing success of Kingwood, part of Potlatch’s Preferred Broker Network.Pete Prutzman, president of the company, has managed Kingwood’s Arkadelphia office since it opened in 1979. He is a Registered Forester and Real Estate Broker in both Arkansas and Oklahoma, and is also a State Certified General Appraiser and Licensed Commercial Pesticide Applicator.To stay current on market conditions and best practices in timberland management, Pete is very involved in the industry. He serves on the Board of Directors of the Forest Landowners Association, is a member of the Association of Consulting Foresters, and is a past chairman of the Arkansas Board of Registration for Foresters. Prutzman has been an active member of the Arkansas Forestry Association, and was recently appointed by Governor Mike Beebe to the Arkansas Appraiser Licensing and Certification Board.This May marked the 30-year anniversary of the company, which has grown both in size and in its range of work over the years.

“Early on, we bought part of a multi-state business that did forestry contracting work,” Pete says. “One of our founders and first broker, Jim Foster, encouraged our team to do what it takes to get the necessary education, certifications and licenses to grow the business.”

In the mid-‘80s, Kingwood saw other opportunities related to forest management, like appraisals and land sales. So the company expanded beyond herbicide application, tree planting and the occasional sale, steadily growing its land sales activity.

“Jim Foster’s foresight led us to today,” Pete says. “We have sold properties for most of the major forest landowners in our region, with more than 200 timberland sales transactions in the last year among our three offices.”

Pete, who owns 70 acres of timberland with his wife and two grown children, firmly believes in the long-term benefits of timberland. The number one motivation for Kingwood buyers is forestry investment, he says, followed closely by recreation. But it’s a good idea for recreational buyers to also understand the economics of an investment in timberland.

“While it’s great to have a little escape to a quiet place with family,” Prutzman says, “we love knowing that while that’s happening, both of our tracts of land have timber growing that could pay for a college education or wedding, or could support our retirement.  That investment aspect is strong for us as a family.”

To connectlogo 160x81 with Pete Prutzman and the Kingwood Forestry Services team, and to learn more about its Potlatch land listings in Arkansas, call 1-800-308-3831, or visit www.KingwoodForestry.com.

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