List Mineral Rights for Sale in 2020
US Mineral Exchange is the #1 Marketplace to sell mineral rights in the United States. Our company is focused on helping mineral owners sell mineral rights for maximum value.
When you list mineral rights at US Mineral Exchange we quickly get your minerals in front of thousands of buyers. These mineral buyers will compete to pay you the highest price. Competition is absolutely critical when selling mineral rights.
A lot of mineral owners take the shotgun approach to selling mineral rights and sell far below market value. Don’t let that be you!
By listing your mineral rights at US Mineral Exchange, you are ensuring that you get the best market price available, don’t get taken advantage of, and have a smooth closing process.
Who should List Mineral Rights for Sale?
Our standard listing is perfect for mineral owners who either do not have an offer to sell OR who have an offer to sell but you want more than you were offered. If you have an offer in hand that you would seriously consider accepting, we recommend an auction listing.
How do we set a Listing Price?
Prior to activating your listing we will discuss a good starting bid point. While you are not committing to sell for this price, it is important to give buyers a ball park starting point. We typically base this on either existing offers, our recommendation (if no offers), or an amount that you are set on getting before you are willing to sell.
We ask for a starting bid because buyers spend significant time evaluating each property. It would not be fair to buyers to ask them to submit bids with no general idea of what it will take. This leads to buyers submitting offers on properties that are far below what the mineral owner would even consider.
One of the most common concerns from mineral owners is picking a starting bid that is too low. When you pick a starting bid that is too low, mineral buyers will bid the property higher. A starting bid is simply that. A starting bid. We have listed mineral rights at $200,000 that sold for over $400,000. You cannot price your mineral rights too low as buyers will bid the price up to fair market value.
The starting bid is the minimum price you would at least consider selling for. If it is worth more the market will bid it higher and it will sell for fair market value. The most common mistakes we see mineral owners makes is picking a starting bid that is too high. If you start the bidding above market it will sit for weeks or months until we drop the price into fair market value territory.
With our standard listing, your are not committed to selling your mineral rights when you list. With that said, we do ask that you be reasonably serious about selling your mineral rights. Buyers spend significant time evaluating each property and it would not be fair to them if you list property just to get a feel for pricing if you have no intention of selling.
Why List Mineral Rights at US Mineral Exchange
There are two primary reasons to sell mineral rights at US Mineral Exchange:
- We will ensure your mineral rights sell for the highest market price available
- We will help you through the closing process to ensure you don’t get taken advantage of
US Mineral Exchange consistently helps mineral owners get the best price because we have a large network of buyers. The key to selling mineral rights for the highest price is exposure. Selling mineral rights to a quality property is easy. Locating the buyer who will pay the highest price is the hard part.
A lot of mineral owners end up selling below market value. These mineral owners always follow the same path.
They receive a few offers in the mail, they get online and find a few more mineral buyers, negotiate their best offer a bit higher, and then walk away thinking they got a good deal. What these mineral owners do not realize is that they just sold below market value. Why? By taking this approach you simply cannot reach enough buyers to get fair market value.
Consider the example below. When you gather a few offers on your own, you will see a wide range of offers. It is easy to look at an offer for $2,750/acre and an offer for $4,000/acre and think, “wow, $4,000 is way higher than $2,750!” You are correct, but that doesn’t mean your offer of $4,000/acre was fair market value. It just means that it was the highest price you found among a handful of buyers.
This is where US Mineral Exchange can create a lot of value for your. By listing your mineral rights for sale at US Mineral Exchange, we will quickly get your property in front of qualified mineral buyers. Over 95% of the time we list a property we end up getting you a better price than you found on your own.
If we don’t find a higher offer than you already found on your own, we don’t make any money. Listing mineral rights for sale is a risk free way to ensure you are getting the best price.
In addition to finding the best price for selling mineral rights, our company will also stand beside you through the entire process. We will review the purchase and sale agreement, mineral deed, and also provide you with an escrow process that ensures you are protected. While having an attorney review legal documents is always recommended, our company can quickly point out any red flags during the process at no cost to you.
How to List Mineral Rights
To get started with a standard listing at US Mineral Exchange we need some documentation. Providing us with the necessary documentation is the first step to reaching thousands of mineral buyers.
We completely understand that gathering this documentation is a pain. We also understand that this is another hoop to jump through when selling mineral rights. Some mineral owners don’t want to gather documentation and leave thousands of dollars on the table! Don’t let that be you! This documentation is key to setting up the listing for maximum sale value.
Here is the documentation that we need to create your listing:
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 – If you have any offers, please provide us with those offers 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 – If you have any offers, please provide us with those offers 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.
Standard Listing Process
If you want to know how the process of selling mineral rights works, check out the steps below:
Contact US Mineral Exchange
Whether you want to sell mineral rights or simply have questions, we’re here to help!
We speak with mineral owners every day and we look forward to hearing from you. Please don’t hesitate to fill out the form below with any questions and our friendly team will respond quickly.
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.
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