List Mineral Rights at US Mineral Exchange – Standard Listing
When you list mineral rights for sale think of it like putting your home on the market. When you sell your home, you do everything you can to show buyers the best possible qualities of your home. You make sure the lawn is in great shape, the house is clean, and you’ve done everything you can to get the house ready for sale. You hire a real estate agent to market the property to prospective buyers to give the property the exposure it needs to sell for maximum value.
When you list mineral rights for sale, it’s imperative that you provide all the information buyers need. One of the most common mistakes we see mineral owners make is not taking the time to gather proper documentation. If you want to sell mineral rights for maximum value, the best thing you can do is make it easy on buyers. This encourages bidding and ensures a better price for you.
Why List Mineral Rights at US Mineral Exchange
There are two primary reasons to list mineral rights at US Mineral Exchange:
- We will ensure your mineral rights sell for the highest market price available
- We will help guide you through the process from start to finish to ensure everything goes smoothly and 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. When you quickly accept an unsolicited offer from buyers you end up selling below market value. Selling mineral rights to a quality property is easy. Locating the buyer who will pay the highest price is the hard part. That is where US Mineral Exchange can help. You can provide us with your best offer in writing and we don’t get paid unless we can beat the offer. This makes listing a risk free way to ensure you get 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 you.
Who should list mineral rights at US Mineral Exchange?
Our standard listing is perfect for mineral owners who either:
A) Do not have an offer in hand
B) Who have an offer but would not settle for the best price you have been offered
Note: If you have an offer in hand that you would seriously consider accepting, we recommend an auction listing
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. 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.
How to sell mineral rights at US Mineral Exchange with a standard listing
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 – 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.
To get the started, simply fill out the contact form at the bottom of this page. You can attach your documentation to this inquiry form or wait for us to respond to your inquiry and email it to us. You can also fax it to: 888-645-7011. If you fax the documentation, please make sure to also fill out an inquiry form so we know who you are!
Mineral Rights Listing Privacy
Please note that you will not be able to see the full listing details on our website for any of our listings. We do this to protect your privacy. Only registered and manually approved buyers can view the listing detail, download documentation, bid, etc.
Contact US Mineral Exchange
If you have questions about your mineral rights, 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 <a href=”https://www.usmineralexchange.com/blog/sell-mineral-rights/required-documents-to-list-mineral-rights/”>required documents to list</a>, 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 <a href=”https://www.usmineralexchange.com/blog/mineral-rights-value/market-value-for-mineral-rights/”>market value</a> because they felt pressure to sell. There is <strong>nearly always</strong> a better price available.
We have two types of listings available to help you sell mineral rights for the best price:
<strong>Auction Listing</strong> – 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. <a href=”https://www.usmineralexchange.com/blog/auction-mineral-rights/auction-mineral-rights-at-us-mineral-exchange/”>Learn more about our auction listings</a>.
<strong>Standard Listing – </strong> 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. <a href=”https://www.usmineralexchange.com/blog/sell-mineral-rights/list-mineral-rights-for-sale/”>Learn more about our standard listings</a>.
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 <a href=”https://www.usmineralexchange.com/blog/sell-mineral-rights/cost-to-list-mineral-rights-for-sale/”>cost to list</a> 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 <strong>ever. </strong>We only get paid if we can get you a better price than the current offer you have in hand.