Unsolicited Offer to Sell Mineral Rights

If you have received an unsolicited offer to sell mineral rights it can be a little confusing.  Why did you receive the offer?  Who are these people?  What should I do next?   In this guide we will tell you everything you need to know about an unsolicited offer to sell mineral rights.

Types of unsolicited offers to sell mineral rights

There are many ways that you can receive an unsolicited offer to sell mineral rights.   Depending on how you receive the offer it could mean different things.  We are going to show you all the ways you could receive an offer and what it means.

Letter in the Mail:  The most common way to receive an unsolicited offer to sell mineral rights is through the mail.  Companies will send out thousands of these letters each month.   In nearly all cases companies have not done a lot of research on your specific property.  They simply hope to locate mineral owners who wish to sell mineral rights.  Keep in mind that all the letters will appear like they have researched your property.  They get the data from the court house records and then batch create these letters so it’s not as personal as it seems.

  • What you should know:  The key here is that they want to purchase your property “off market”.  What this means is that they hope you will quickly sell mineral rights to them.  They make it simple for you to sign the form and get a check.  Seems great right?  Not so fast.  More often than not offers received in the mail are far below market value.  They are looking for mineral owners who don’t know better and quickly sell to the first offer.  This is a common mineral owner mistake.

Phone Call Offer:  If you receive an unsolicited offer to sell mineral rights through a phone call it means they are serious.  Unlike the people who send letters in the mail they are specifically targeting your property (or your area generally).  Their goal is to buy a large amount of mineral rights in a specific area.  Taking the time to make a call shows they are very interested in making the purchase.

  • What you should know:  When you get this unsolicited offer to sell mineral rights they are going to try and get you sold quickly.   They have a specific area they are targeting.  Generally they have a number of dollars to spend in an area as well.  Once again, their goal is purchase the property off market.  Their goal is to purchase it before anyone else has a chance to make a bid.  They will be putting pressure on you to get the sale done quickly.

Local Broker:  In rare cases you may have someone actually show up to your door offering to buy mineral rights not just lease them.  When someone takes the time to physically drive to your property and get you to sell mineral rights they are motivated.  This type of unsolicited offer to sell mineral rights is going to be the most pushy to get your property sold fast (usually in less than 48 hours).

  • What you should know:  In many cases these buyers are there because either A) they know that drilling is going to take place soon or B) they know they can lease your property for a high value and want to purchase your property so they can turn around and lease the property for what they paid you to purchase it (making it free for them).   As usual, they are hoping to purchase your property off market without you getting any other bids.

Off Market means no competition

Take a moment and consider what all these unsolicited offers to sell mineral rights have in common.  They are all trying to purchase your property off market.  They are doing so for one simple reason.  When you purchase mineral rights off market there is no competition.  This means they can usually purchase the property below market value.

As a mineral owner, your goal is to sell mineral rights for maximum value!  When you accept an unsolicited offer to sell mineral rights you are usually selling far below market value.   Any offer you can get is a good one and we aren’t recommending you don’t speak to these buyers.  In fact, we recommend you do speak to them and get an offer in writing.   You will at least have a starting place to know what the true market value of your property is.

What to do about an unsolicited offer to sell mineral rights

Once you receive an unsolicited offer to sell mineral rights you have a choice.  Do you want to sell mineral rights or hold onto them?   Deciding whether you should sell mineral rights it’s a personal decision.  If you do decide to sell mineral rights, we advise getting some competing bids.   The more competition there is for your property the better your chance of getting fair market value.

If you want to sell mineral rights for maximum value your best bet is to list them with US Mineral Exchange.  Our company gets your property in front of thousands of buyers quickly.  You already have one interested buyer so that means there is demand for your property.   Before you sell mineral rights to the first offer (a common mineral owner mistake), consider all of your available options.

The nice thing about listing your property with us is that there is no cost to list!  In addition, there is no obligation to accept any offer you receive.  Most mineral owners are surprised when the offers they get are substantially more than that unsolicited offer to sell mineral rights.

Questions about an unsolicited offer to sell mineral rights?

If you have questions about your unsolicited offer to sell 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.

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    Average amount you receive each month:

    Is the property leased?:

    Do you have any offers?:

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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.

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    Client Reviews

    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
    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
    Kenneth Wick
    18:34 16 Mar 20