Fair Offer to Sell Mineral Rights
At US Mineral Exchange we are frequently asked the same question. Is this a fair offer to sell mineral rights? The question seems simple enough but unfortunately it’s not so simple! If you have an offer to sell mineral rights and want to ensure you are getting a fair deal, this article will help.
Market Value of Mineral Rights
Before we dig into what a fair offer to sell mineral rights looks like, we first need to look at the market value of mineral rights. Many mineral owners believe that there is some way to estimate mineral rights value. While there are some general rules of thumb you can you to estimate mineral rights value, there is truly no way to know the market value unless you get competitive bids in an open market.
With mineral rights there are no “comps” to see what the market value of mineral rights is. The value of your mineral rights can be very different from those around you. The reason is that there are many factors that play into the value. These factors include your royalty percentage, number of wells drilled, number of wells left to be drilled, operator, lease agreement clauses, the price of oil and gas, and many more! Each of these factors plays a role in the value. This means that you can’t simply gauge the value of your mineral rights based on what someone else sold for.
The only way to ensure the best price is to get multiple bids. You want to get your property in front of thousands of buyers and allow them to compete. This drives the price higher and ensures you get the highest market value for your mineral rights. This is the only way to truly determine fair market value for mineral rights.
Is this a Fair Offer to Sell Mineral Rights?
One of the ways that mineral buyers will take advantage of you is to make you an offer directly. Their hope is that you will quickly accept the offer. We see a lot of mineral owners who will get an offer that is higher than the handful of other offers they received. These mineral owners incorrectly assume that because the offer in hand is higher than other offers, it must represent the best market price available.
The reality is that you can nearly always find a better price by listing at US Mineral Exchange. The reason we can get you a fair offer to sell mineral rights is because we have thousands of registered buyers. Those buyers are going to compete to pay you the highest price possible. When you list at US Mineral Exchange, you are ensuring that you get a fair offer to sell mineral rights! We don’t get paid unless we can get you a higher price. If we can’t, you can simply accept the offer in hand and you owe us nothing! There is no cost to list so a listing is truly a risk free way to ensure the best price.
Offer to Sell Mineral Rights
Do you have an offer to sell mineral rights that you are seriously considering? If so, we highly recommend doing a mineral rights auction. Our mineral rights auctions were specifically designed for mineral owners who have an offer in hand. We want to help you get a fair offer to sell mineral rights. As mentioned above, the best way to do this is put your property in a competitive bidding environment. Our mineral rights auctions will quickly get your property in front of thousands of buyers to ensure maximum value.
The best part about our mineral rights auctions is that it takes as little as 7 days! If you have an offer to sell mineral rights, don’t accept before doing a quick mineral auction. A quick mineral rights auction will ensure you get a fair offer to sell mineral rights. If we don’t get any bids, which is extremely rare, you can simply accept the offer in hand and owe us nothing! The mineral rights auction is a risk free way to ensure a fair offer to sell mineral rights.
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.
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.
We have two types of listings available to help you sell mineral rights for the best price:
Auction Listing – Our auction listings are for just 7 to 14 days. If you have an offer in hand you are seriously considering, an auction listing is a quick way to get a better offer and ensure a smooth closing process. Learn more about our auction listings.
Standard Listing – Our standard listings run for 30 days. These listings are ideal if you don’t have an offer in hand or you are not in a rush to sell. Learn more about our standard listings.
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.