Mineral Rights Broker

If you want to sell mineral rights picking a mineral rights broker is an important decision.   Picking the right mineral rights broker is the difference between a smooth transaction and a nightmare!  The ideal mineral rights broker will help you navigate the process of selling mineral rights and ensure you get the best market price available.  If you are considering selling mineral rights this article will help you better understand why you need a mineral rights broker and how to pick the right one.

Why do you need a mineral rights broker?

When you decide to sell mineral rights, you need to decide whether to use a broker to sell them on your own.  There are a number of reasons why selling mineral rights with a broker is important.   It is important to point out that selling mineral rights without a broker is easy!  If it’s easy to sell mineral rights without a broker, why do you need one?  There are two primary reasons to use a mineral rights broker:

  1. Price:  When you sell mineral rights the key to getting the highest price is exposure.   To get the best price you need to get your mineral rights in front of thousands of buyers.   These buyers will then compete to pay you the highest price.   A good mineral rights broker will quickly get your mineral rights in front of thousands of buyers creating competition and ensuring the best price for you.
  2. Closing Process:  The closing process can be complicated and confusing for a lot of mineral owners.  The reason is that buyers will provide you with a purchase and sale agreement that dictates the terms of closing.  This agreement will govern how adjustments at closing occur.  If you are not familiar with the terms of this agreement, you may be in for a big surprise at closing.   For example, if buyers stipulate a specific price per net royalty acre vs net mineral acre price do you understand the difference?  What adjustment occurs if there is a carve out or ORRI associated with your ownership?  A good mineral rights broker will help you navigate the legal documents necessary to close the sale.

How to pick a mineral rights broker

There are a lot of different options when trying to find a mineral rights broker.   However, not all mineral rights brokers are even.  In fact, you might end up getting a terrible deal by selecting the wrong mineral rights broker.   Here are some of the things to look for when selecting a mineral rights broker:

Website Quality:  This is obviously subjective, but it has become very easy to set up a basic website and claim to be a broker.   As you navigate each website, take some time and look at how the website is laid out.  Is it easy and intuitive?  Is there quality information organized in a way so that you can easily learn more about your mineral rights?  You can learn a lot about a mineral rights broker by looking at how much time went into putting their website together.  If it’s just a few basic pages of information, use caution.

Listings:  Some services claim to be a mineral rights broker, but there are no mineral rights auctions or mineral rights listings.  If a mineral rights broker does not have any listings, why?  A mineral rights buyer needs an easy way to locate deals on your website and review the necessary information.  If you are running auctions, where are those taking place if they are not on the website?  Use caution if you do not see any listings or auctions running.

Valuation Brokers:  We have seen a number of valuation brokers show up in recent years.  These brokers spent significant money building out platforms to provide you with an estimate of mineral rights value.  The valuations they provide are based on the reserve value of your mineral rights.  However, the valuations they provide are simply not accurate.  They will typically provide you with a range of value that is so large, the “estimate” is effectively worthless.  For example, if you got an estimate on your home and they said the value was between $250,000 and $750,000, how much value does that estimate have?  None!  The market dictates the price when it comes to mineral rights.   Use caution with any broker who claims they can tell you the value up front.  There are some general rules of thumb you can use, but the market sets the price.

Commission:  Every mineral rights broker collects some type of commission from the buyer when they close the sale.   We have seen commission rates from 5% up to 15%+ depending on the mineral rights broker.   When comparing two mineral rights brokers, do not simply select the mineral rights broker who is charging a lower commission.    Doing so could cost you thousands of dollars!  You may save 1% or 2% on commission, but a quality mineral rights broker will easily get you a far better price even with a slightly higher commission taken into account.  The amount of commission a mineral rights broker charges should be defined up front.  Any broker who will not tell you what commission they get could easily be taking advantage of you.  For example, if you agree to sell for $100,000, the mineral rights broker may have found a buyer who was paying $125,000 and they get to pocket $25,000 or a 25% commission!!

Mineral Buyers:  It seems that every mineral rights broker claims to have “thousands of mineral right buyers” and some even claim to have tens of thousands of mineral rights buyers.  Unfortunately the absolute number if difficult to verify.  However, we can tell you that many mineral rights brokers have simply purchased an “oil and gas mineral rights email list” with 10,000+ emails on it, and then claim to have a large number of mineral rights buyers.     While we do not disclose the number of mineral rights at US Mineral Exchange, we truly have thousands of mineral buyers who have registered for an account and are currently active on our website.

Legitimate Reviews:  Take some time and to read reviews about each mineral rights broker before you select one.  If you really dig in and read the reviews, it should be pretty obvious which mineral rights brokers are legitimate.   There are bound to be a few negative reviews for any mineral rights broker, but it should be easy to determine which brokers have honest reviews from real clients and which ones have stuffed their reviews with 5 star ratings.   At US Mineral Exchange, every single review is from a client that we have closed a deal with and we have the mineral deeds on file to prove it!

Selling Mineral Rights at US Mineral Exchange

Obviously we are biased, but we believe selling mineral rights at US Mineral Exchange is in your best interests for all the reasons listed above.  Our company has spent years developing our website from scratch.  We have spent significant time, money, and resources developing a truly comprehensive education system on our website along with the free mineral rights guide linked below.  US Mineral Exchange offers the #1 listing platform in the United States for both mineral buyers and mineral owners.

If you are looking for a mineral rights broker, we hope you will consider US Mineral Exchange.   Our company consistently helps mineral owners get maximum value when selling mineral rights.   We also help ensure a smooth closing process and take the hassle out of selling mineral rights!

Free Consultation

Free Consultation

    Your Name

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    Average amount you receive each month:

    Is the property leased?:

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    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

    Marc Payne
    21:00 19 Feb 21
    I needed to sell my mineral rights to pay off a debt, and the people at US Mineral Exchange made that possible. Everyone I spoke with and emailed was very knowledgeable and professional, and they helped me every step of the way. They were also very patient with me, which I appreciate. The final sale price seemed fair, and was certainly more than I could have gotten if I had tried to do this myself.read more
    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 service, experience, and guidance. My experience was totally hassle free. I highly recommend their service!read more
    John Parkhurst
    20:01 16 Mar 20