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 and have worked with the industry’s leading mineral buyers for over a decade. 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, please spend some time reading just some of our success stories. Thousands of clients for over a decade have trusted US Mineral Exchange to get them a better price. We see price increases for our clients anywhere from 10% to more than double!
Even at a 10% increase, if you are selling a $500,000 property and you knew a way you could very likely get at least another $50,000 would you take it? But what about 50% or even double the offer you have on the table? We see it all the time and you can read about it from actual clients and real Google reviews.
You only get one chance to sell your mineral and royalty rights. The best way to do this is put your property in a competitive bidding environment and lean on an industry expert to walk you through it all. That industry expert is US Mineral Exchange.
If in the very rare case we are not able to get you more than your current offer, you can simply accept the offer in hand and owe us nothing! Working with US Mineral Exchange is a risk free way to ensure a fair offer to sell mineral rights.
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