Auction Mineral Rights

Do you want to auction mineral rights?  We recommend against a mineral rights auction.

The reason we recommend against mineral rights auctions is that mineral rights are a unique property type that is not a liquid investment.

What does that mean exactly?

When you sell a stock, there are thousands of shares trading hands every second.  The market value of a stock is known down to the second.   This is because there are thousands of orders being placed by buyers and seller.  All of these buyers and sellers are trading an identical item, a share of stock.  Everyone understand and agrees what is being bought and sold.

With mineral rights, what is being sold is unique.  Your specific location, the number of acres owned, your lease royalty rate, the type of interest you own, and many other factors play a role in what you are selling.  When you sell mineral rights, you are selling a unique property unlike any other mineral rights being sold.

There is also far less volume of buying / selling mineral rights compared to a stock.  This means the market price of mineral rights is unknown.

This is why we recommend against auctioning mineral rights.  It takes a lot of time for mineral buyers to understand what you own, determine the value, and prepare to make an offer. When you auction mineral rights, you are limiting the potential pool of buyers to only those who have had time to evaluate your property.

Rather than auction mineral rights, we recommend listing mineral rights for sale at US Mineral Exchange.  By listing mineral rights for sale, we can gauge potential interest from buyers who indicated they are reviewing.  We check in with all potential interest before an offer is accepted to ensure no other offers may be coming in.  This ensures you sell for the best price.

When you auction mineral rights, you reduce the number of mineral buyers who can make an offer by setting a strict deadline.  A mineral rights auction leads to fewer offers which translates into less money for you.

Where to auction mineral rights?

Another issue with mineral rights auctions is transparency.

There are a number of companies out there who offer mineral rights auctions.  The problem is that there is no auction. When you look at their website, there are no listings and you can’t actually view auctions taking place.

How can a mineral rights auction get you a fair price if there are no auction listings?  It can’t.

A mineral rights auction can’t function unless it’s public and has active participants.  When you get on ebay.com, you’ll notice that you can see the listing, number of bids, time remaining, etc.   If you find a company offering to auction your mineral rights but they don’t have an auction system in place, how can they get you a fair price?

At US Mineral Exchange, we offer the ability to list mineral rights.  We then negotiate privately to ensure the best market price available.  You can view our listings online and registered and approved buyers can view additional details and place bids.

Why Sell Mineral Rights at US Mineral Exchange

The primary reason to sell mineral rights at US Mineral Exchange is because you will sell mineral rights for the highest price. We do this by quickly getting your property in front of thousands of qualified buyers.  Mineral buyers will be competing against one another to pay the highest price for your mineral rights.   The only way to get the best price when selling mineral rights is competition.

One of the common mineral owner mistakes we see is selling mineral rights on your own.  Mineral owners will get a few offers in the mail, locate some mineral buyers online, and then accept the highest offer they find after some negotiation.

What these mineral owners don’t realize is that they sold far below market value.  Why?  Even though your offer may have been the highest offer you found, only a tiny fraction of mineral buyers in the market even knew your mineral rights were for sale.

How to Sell Mineral Rights for Maximum Value

When you sell mineral rights at US Mineral Exchange, thousands of buyers will see your property is available and compete which drives the price higher.   Listing at US Mineral Exchange ensures that you get the highest market value available when you sell.

In addition to getting the highest fair market value available, we also ensure that the closing process goes smoothly and you do not get taken advantage of.  We will stand beside you every step of the way to ensure everything goes smoothly.

How to List Mineral Rights at US Mineral Exchange

To list mineral rights at US Mineral Exchange we need to collect some documentation from you.  The documentation that we request is necessary to ensure the best price possible.   We understand that it is a pain to gather documentation but doing so gives us the best chance possible to maximize value for you.    Here is the documentation required to list mineral rights at US Mineral Exchange:

If you receive royalty income:

  • Check Stubs –  We need to see full copies of your 3 most recent check stubs.  This is NOT the summary or total payment amount.  It needs to be the full detail showing the wells you are being paid on, revenue interest, etc.  If you do not have copies, please contact the operator who is paying you royalties to obtain copies.

  • Existing Offers –  Please provide us with your best offer in writing.

If your property is leased, but you do NOT receive royalty income:

  • Lease Agreement –  We need to see a full copy (all pages and addendum’s) of your lease agreement.  An expired lease agreement also works if you don’t have an active lease agreement.   A proposed leased is also acceptable.

  • Order for Payment –  Some documentation (bank statement, order for payment, letter agreement, etc) showing the amount you were paid in total and per acre when you signed your lease agreement.

  • Existing Offers –  Please provide us with your best offer in writing.

Please see our required documents to list page with more information about the necessary documentation as well as example documents.

Once you gather up the necessary documentation please fill out the contact form below or visit our free consultation page.

If you don’t have the documentation yet or you simply have questions, please do not hesitate to fill out the form anyway!  We are here to help and would be happy to answer any questions you may have.

Ready to list mineral rights? Questions?

If you have questions or concerns about our mineral rights listing please don’t hesitate to let us know.  The free consultation form is available below for you to get the process started or ask questions.

When you fill out the form one of our representatives will be in touch very soon to answer your questions.

Free Consultation

Free Consultation

    Your Name

    Your Email

    Phone

    Average amount you receive each month:

    Is the property leased?:

    Do you have any offers?:

    How did you hear about us?:

    If you have check stubs, lease agreements, or offers, please upload those documents here(max 20 Mb):

    Tell us a little about your property and what you hope to accomplish? Please include state and county of property.

    Common Questions

    The more information you can provide about your property the better!  We can give you a better idea about the value of selling mineral rights if you provide more information.  The most important thing we need is for you to answer the questions and provide your state and county.

    If you have the required documents to list, providing those is extremely helpful!

    Absolutely not!  When you inquire at US Mineral Exchange we will not be putting any pressure on you to sell.  We will help answer any questions you have whether you are interested in selling or not.

    We typically respond to inquiries in less than 12 hours and usually within hours of submitting the contact form. At US Mineral Exchange our goal is to be available to mineral owners as a resource so we pride ourselves on quickly replying and communicating with mineral owners.

    At US Mineral Exchange, we take privacy very seriously. We will NEVER sell your information or use it without your consent. When you send us documentation or tell us about your property, that information does not go outside our company without your consent. Even when you list a property for sale on our website, we strictly control who has access to the information about your listing so that only legitimate buyers will be able to see property details.

    Many mineral owners make the mistake of getting an offer and quickly selling.   They then accept an offer far below market value because they felt pressure to sell.   There is nearly always a better price available.

    Imagine you were selling a home.  Would you get the best price from a random person who walks up and makes you an offer?  No way!  Now imagine you list the home on the MLS where thousands of potential buyers know your house is for sale.   The key to getting the best price is competition.  Our guide to selling mineral rights explains everything.

    The reason that so many mineral owners decide to sell mineral rights at US Mineral Exchange is access to our large network of mineral rights buyers. Our goal is to help you get top dollar for selling mineral rights by getting your property in front of a huge audience of buyers. This allows buyers to compete against one another which ensures you get fair market value for selling mineral rights.

    There are absolutely no cost to list your property.  When you locate a buyer by listing your property with us, we are paid a commission directly by the buyers closing agent. This means you never have any out of pocket expenses ever.  We only get paid if we can get you a better price than the current offer you have in hand.

    FREE GUIDE

    Download our free mineral rights guide now!  Learn more about your mineral rights.

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    Client Reviews

    Robert Broome
    20:30 26 Nov 20
    We had a super experience working with Terra on the sale of our mineral rights. She was very patient with us and explained everything very clearly, which was helpful since we had no experience in this area, and she never talked down to us depite our ignorance. She was also professional in that she paid attention to every detail, down to indicating the paper size that was required for printing our documents! She kept us informed at every step of the process. She clearly knows her field well and made suggestions that allowed us to receive an excellent price for our rights. I would highly recommend using USME for any sale you are considering.read more
    Wayne Copes
    17:23 11 Nov 20
    My aging mother-in-law needed to sell some mineral rights in Oklahoma and Kansas. I was the family member "appointed" to find a buyer(s). I knew NOTHING about energy or mineral rights. However, I "stumbled" onto the US Mineral Exchange website and connected with their rep Terra Castagna. Terra patiently explained their process for getting rights evaluated and sold. The value of our rights did not meet the threshold for their usual sales, but Terra offered to make our rights known to potential buyers of smaller positions. In a very short time several buyers expressed interest and we quickly reached an agreement with one who was willing to buy both rights. We could not be happier with the service provided by US Mineral Exchange, and in particular, with Terra Costagna, and would unreservedly endorse their services.read more
    David Tusa
    17:38 23 Oct 20
    Overall excellent experience. Very professional and responsive staff. They are experts at the minerals business and the process reflected such. The transaction was completed in less than a week and we netted much higher proceeds than we expected. Highly recommended.read more
    Linda Baldwin
    15:04 17 Jul 20
    Selling oil and mineral rights is not a common practice, or at least not for us. We went from "how on earth will we do this and do it right" to a very successful sale in record time. I am so happy that we found US Mineral Exchange. From the first phone call they were professional, answered all of my questions, and walked me through every step of the process with calm professionalism, and brought a price exceeding our expectations. From a seller's perspective, it could not have gone better! I wholeheartedly recommend US Mineral Exchange and gladly serve as a reference.read more
    Beau Bostick
    19:07 15 Jul 20
    Great company just be careful who you sell to Iron Horse royalty out of Austin Texas and Garrett Merket very dishonest company. But after learning he was connected with a politician . I am not surprised
    Bryan Austin
    18:13 13 Jul 20
    Terra was amazing in assisting me in selling my late fathers royalties. She answered all of my questions and made the process smooth as butter! Thank you!
    Nicole Garcia
    20:48 12 Jun 20
    I contacted US Mineral Exchange in hopes to sell my families old mineral rights. Though the claims were too small for their business to sell they had great information for me and my situation. Highly recommend this company!
    David Johnsen
    18:06 08 May 20
    US Mineral has been very helpful, leading us through all the steps in selling two different royalties. We gave them plenty of problems to work us through and they were always more than helpful and kind.
    Donna Ware
    18:02 23 Apr 20
    My husband William Ware acquired Mineral Rights through his late Grandmother. We worked with Terra at US Mineral Exchange to begin the decisions to sell our rights. She responded to every question, even ones that to her were probably silly, she did it professionally and with kindness. When it came time to decide if we wanted to take the offer we received from a buyer, she didn't pressure us but gave us educated advise. I can't recommend this company enough!read more
    Charles Clark
    17:49 18 Mar 20
    To Tara Castagna: Thank you very much for helping me thru the selling process of my mineral rights. Your excellent customer service and attention to detail made the process very easy. Your research of the history and records of my rights was extremely helpful in completing this project. Again, thank you for the very professional service. Conley Lawread more
    John Parkhurst
    20:01 16 Mar 20
    I used US Mineral Exchange to sell my mineral rights in Colorado. I dealt with Terra and she was a real champ at follow-up and advise. She was extremely friendly and responsive to any questions I had. I highly recommend any individual that is considering selling their rights would be well satisfied for their customer s