{"id":1199,"date":"2021-01-11T13:00:03","date_gmt":"2021-01-11T19:00:03","guid":{"rendered":"https:\/\/www.usmineralexchange.com\/blog\/?p=1199"},"modified":"2024-05-17T02:07:42","modified_gmt":"2024-05-17T07:07:42","slug":"auction-mineral-rights-at-us-mineral-exchange","status":"publish","type":"post","link":"https:\/\/www.usmineralexchange.com\/blog\/auction-mineral-rights\/auction-mineral-rights-at-us-mineral-exchange\/","title":{"rendered":"Auction Mineral Rights"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-blend:overlay;--awb-bg-size:cover;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-title title fusion-title-1 fusion-sep-none fusion-title-text fusion-title-size-two\" style=\"--awb-margin-bottom:20px;--awb-margin-bottom-small:15px;\"><h2 class=\"fusion-title-heading title-heading-left\" style=\"margin:0;\">Where to auction mineral rights?<\/h2><\/div><div class=\"fusion-text fusion-text-1\"><p>Another issue with mineral rights auctions is transparency.<\/p>\n<p>There are a number of companies out there who offer mineral rights auctions.\u00a0 The problem is that <strong>there is no auction.<\/strong> When you look at their website, there are no listings and you can&#8217;t actually view auctions taking place.<\/p>\n<p>How can a mineral rights auction get you a fair price if there are no auction listings?\u00a0 It can&#8217;t.<\/p>\n<p>A mineral rights auction can&#8217;t function unless it&#8217;s public and has active participants.\u00a0 When you get on ebay.com, you&#8217;ll notice that you can see the listing, number of bids, time remaining, etc.\u00a0\u00a0 If you find a company offering to auction your mineral rights but they don&#8217;t have an auction system in place, how can they get you a fair price?<\/p>\n<p>At US Mineral Exchange, we offer the ability to list mineral rights.\u00a0 We then negotiate privately to ensure the best market price available.\u00a0 You can <a href=\"https:\/\/www.usmineralexchange.com\/mineral-listings\">view our listings<\/a> online and registered and approved buyers can view additional details and place bids.<\/p>\n<\/div><div class=\"fusion-title title fusion-title-2 fusion-sep-none fusion-title-text fusion-title-size-two\" style=\"--awb-margin-bottom:20px;--awb-margin-bottom-small:15px;\"><h2 class=\"fusion-title-heading title-heading-left\" style=\"margin:0;\">Why Sell Mineral Rights at US Mineral Exchange<\/h2><\/div><div class=\"fusion-text fusion-text-2\"><p>The primary reason to sell mineral rights at US Mineral Exchange is because you will sell mineral rights for the highest price. We do this by quickly getting your property in front of thousands of qualified buyers.\u00a0 <a href=\"https:\/\/www.usmineralexchange.com\/blog\/sell-mineral-rights\/mineral-rights-buyers\/\">Mineral buyers<\/a> will be competing against one another to pay the highest price for your mineral rights.\u00a0\u00a0 The only way to get the best price when selling mineral rights is competition.<\/p>\n<p>One of the <a href=\"https:\/\/www.usmineralexchange.com\/blog\/sell-mineral-rights\/common-mineral-owner-mistakes\/\">common mineral owner mistakes<\/a> we see is selling mineral rights on your own.\u00a0 Mineral owners will get a few offers in the mail, locate some mineral buyers online, and then accept the highest offer they find after some negotiation.<\/p>\n<p>What these mineral owners don&#8217;t realize is that they sold <strong>far below<\/strong> market value.\u00a0 Why?\u00a0 Even though your offer may have been the highest offer you found, only a tiny fraction of mineral buyers in the market even knew your mineral rights were for sale.<\/p>\n<\/div><div class=\"fusion-image-element in-legacy-container\" style=\"--awb-caption-title-font-family:var(--h2_typography-font-family);--awb-caption-title-font-weight:var(--h2_typography-font-weight);--awb-caption-title-font-style:var(--h2_typography-font-style);--awb-caption-title-size:var(--h2_typography-font-size);--awb-caption-title-transform:var(--h2_typography-text-transform);--awb-caption-title-line-height:var(--h2_typography-line-height);--awb-caption-title-letter-spacing:var(--h2_typography-letter-spacing);\"><span class=\" fusion-imageframe imageframe-dropshadow imageframe-1 hover-type-none\" style=\"-webkit-box-shadow: 3px 3px 7px rgba(0,0,0,0.3);box-shadow: 3px 3px 7px rgba(0,0,0,0.3);\"><img decoding=\"async\" width=\"838\" height=\"816\" alt=\"How to Sell Mineral Rights for Maximum Value\" title=\"How to Sell Mineral Rights for Maximum Value\" src=\"https:\/\/www.usmineralexchange.com\/blog\/wp-content\/uploads\/2015\/08\/Iceberg_graphic.jpg\" class=\"img-responsive wp-image-2940\" srcset=\"https:\/\/www.usmineralexchange.com\/blog\/wp-content\/uploads\/2015\/08\/Iceberg_graphic-200x195.jpg 200w, https:\/\/www.usmineralexchange.com\/blog\/wp-content\/uploads\/2015\/08\/Iceberg_graphic-400x389.jpg 400w, https:\/\/www.usmineralexchange.com\/blog\/wp-content\/uploads\/2015\/08\/Iceberg_graphic-600x584.jpg 600w, https:\/\/www.usmineralexchange.com\/blog\/wp-content\/uploads\/2015\/08\/Iceberg_graphic-800x779.jpg 800w, https:\/\/www.usmineralexchange.com\/blog\/wp-content\/uploads\/2015\/08\/Iceberg_graphic.jpg 838w\" sizes=\"(max-width: 800px) 100vw, 838px\" \/><\/span><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-full-width-sep\" style=\"margin-left: auto;margin-right: auto;margin-top:20px;width:100%;\"><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-text fusion-text-3\"><p>When you sell mineral rights at US Mineral Exchange, thousands of buyers will see your property is available and compete which drives the price higher.\u00a0\u00a0 <a href=\"https:\/\/www.usmineralexchange.com\/blog\/sell-mineral-rights\/list-mineral-rights-for-sale\/\">Listing at US Mineral Exchange<\/a> ensures that you get the highest market value available when you sell.<\/p>\n<p>In addition to getting the highest\u00a0<a href=\"https:\/\/www.usmineralexchange.com\/blog\/mineral-rights-value\/market-value-for-mineral-rights\/\">fair market value<\/a>\u00a0available, we also ensure that the <a href=\"https:\/\/www.usmineralexchange.com\/blog\/sell-mineral-rights\/what-to-expect-after-listing-mineral-rights\/\">closing process<\/a> goes smoothly and you do not get taken advantage of.\u00a0 We will stand beside you every step of the way to ensure everything goes smoothly.<\/p>\n<\/div><div class=\"fusion-title title fusion-title-3 fusion-sep-none fusion-title-text fusion-title-size-two\" style=\"--awb-margin-bottom:20px;--awb-margin-bottom-small:15px;\"><h2 class=\"fusion-title-heading title-heading-left\" style=\"margin:0;\">How to List Mineral Rights at US Mineral Exchange<\/h2><\/div><div class=\"fusion-text fusion-text-4\"><p>To list mineral rights at US Mineral Exchange we need to collect some documentation from you.\u00a0 The documentation that we request is necessary to ensure the best price possible.\u00a0\u00a0 We understand that it is a pain to gather documentation but doing so gives us the best chance possible to maximize value for you.\u00a0\u00a0\u00a0 Here is the documentation required to list mineral rights at US Mineral Exchange:<\/p>\n<p><strong>If you receive royalty income<\/strong>:<\/p>\n<\/div><ul style=\"--awb-size:16px;--awb-iconcolor:#1c65cc;--awb-line-height:27.2px;--awb-icon-width:27.2px;--awb-icon-height:27.2px;--awb-icon-margin:11.2px;--awb-content-margin:38.4px;\" class=\"fusion-checklist fusion-checklist-1 fusion-checklist-default type-icons\"><li class=\"fusion-li-item\" style=\"\"><span class=\"icon-wrapper circle-no\"><i class=\"fusion-li-icon fa-file fas\" aria-hidden=\"true\"><\/i><\/span><div class=\"fusion-li-item-content\">\n<p><strong>Check Stubs \u2013<\/strong> Please send us full copies of your 3 most recent check stubs. We are looking for the full detail showing the wells you are being paid on, revenue interest, etc. In other words, not an image of the actual check but the details on the statement sent with the check. If you do not have copies or receive your payments by direct deposit, please contact the operator who is paying you royalties to obtain copies. There are also ways to download check stubs online as many operators these days are moving to electronic statements.<\/p>\n<\/div><\/li><li class=\"fusion-li-item\" style=\"\"><span class=\"icon-wrapper circle-no\"><i class=\"fusion-li-icon fa-file fas\" aria-hidden=\"true\"><\/i><\/span><div class=\"fusion-li-item-content\">\n<p><strong>Existing Offers \u2013 <\/strong>Please provide your written offers with your check stubs. If you have any existing offers, we have to get you a better price or we don\u2019t get paid. This makes listing a risk-free way to ensure you have the best offer in hand.<\/p>\n<\/div><\/li><\/ul><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-full-width-sep\" style=\"margin-left: auto;margin-right: auto;margin-top:20px;width:100%;\"><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-text fusion-text-5\"><p><strong>If your property is leased, but you do NOT receive royalty income:<\/strong><\/p>\n<\/div><ul style=\"--awb-size:16px;--awb-iconcolor:#1c65cc;--awb-line-height:27.2px;--awb-icon-width:27.2px;--awb-icon-height:27.2px;--awb-icon-margin:11.2px;--awb-content-margin:38.4px;\" class=\"fusion-checklist fusion-checklist-2 fusion-checklist-default type-icons\"><li class=\"fusion-li-item\" style=\"\"><span class=\"icon-wrapper circle-no\"><i class=\"fusion-li-icon fa-file fas\" aria-hidden=\"true\"><\/i><\/span><div class=\"fusion-li-item-content\">\n<p><strong>Lease Agreement \u2013<\/strong>\u00a0 We need to see a full copy (all pages and addendum\u2019s) of your lease agreement.\u00a0 An expired lease agreement also works if you don\u2019t have an active lease agreement.\u00a0\u00a0 A proposed leased is also acceptable.<\/p>\n<\/div><\/li><li class=\"fusion-li-item\" style=\"\"><span class=\"icon-wrapper circle-no\"><i class=\"fusion-li-icon fa-file fas\" aria-hidden=\"true\"><\/i><\/span><div class=\"fusion-li-item-content\">\n<p><strong>Order for Payment\u00a0<\/strong><strong>\u2013\u00a0\u00a0<\/strong>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.<\/p>\n<\/div><\/li><li class=\"fusion-li-item\" style=\"\"><span class=\"icon-wrapper circle-no\"><i class=\"fusion-li-icon fa-file fas\" aria-hidden=\"true\"><\/i><\/span><div class=\"fusion-li-item-content\">\n<p><strong>Existing Offers \u2013 <\/strong>Please provide your written offers with your check stubs. If you have any existing offers, we have to get you a better price or we don\u2019t get paid. This makes listing a risk-free way to ensure you have the best offer in hand..<\/p>\n<\/div><\/li><\/ul><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-full-width-sep\" style=\"margin-left: auto;margin-right: auto;margin-top:20px;width:100%;\"><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-text fusion-text-6\"><p>Please see our\u00a0<a href=\"https:\/\/www.usmineralexchange.com\/blog\/sell-mineral-rights\/required-documents-to-list-mineral-rights\/\">required documents to list<\/a>\u00a0page with more information about the necessary documentation as well as example documents.<\/p>\n<p>Once you gather up the necessary documentation please fill out the contact form below or visit our\u00a0<a href=\"https:\/\/www.usmineralexchange.com\/blog\/sell-mineral-rights\/sell-mineral-rights-free-consultation\/\">free consultation page<\/a>.<\/p>\n<p>If you don\u2019t have the documentation yet or you simply have questions, please do not hesitate to fill out the form anyway!\u00a0 We are here to help and would be happy to answer any questions you may have.<\/p>\n<\/div><div class=\"fusion-title title fusion-title-4 fusion-sep-none fusion-title-text fusion-title-size-two\" style=\"--awb-margin-bottom:20px;--awb-margin-bottom-small:15px;\"><h2 class=\"fusion-title-heading title-heading-left\" style=\"margin:0;\">Ready to list mineral rights? Questions?<\/h2><\/div><div class=\"fusion-text fusion-text-7\"><p>If you have questions or concerns about our mineral rights listing please don\u2019t hesitate to let us know.\u00a0 The free consultation form is available below for you to get the process started or ask questions.<\/p>\n<p>When you fill out the form one of our representatives will be in touch very soon to answer your questions.<\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":3,"featured_media":1207,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13],"tags":[],"class_list":["post-1199","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-auction-mineral-rights"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Auction Mineral Rights in 2021 - US Mineral Exchange<\/title>\n<meta name=\"description\" content=\"Before you auction mineral rights, carefully consider your options. 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