How to sell your mineral rights


Figuring out how to sell your mineral rights can be a challenge.  There are a lot of ways to sell mineral rights.   As a mineral owner, your goal is to sell your mineral rights for the highest price possible.

Ways to sell mineral rights

Here are the most common ways to sell your mineral rights:

·         Offer Letters:  A lot of mineral buyers will send you offer letters in the mail.  These offer letters can be low ball offers, flippers, or legitimate mineral buyers.   The challenge is figuring out what type of mineral buyer you are talking to.

·         Online Search:You can quickly find a lot of mineral buyers by searching google.  A simple search for “Mineral rights buyers in (your state)” will help you locate mineral buyers.  The problem with this approach is that it is time consuming.  More importantly, you will not reach enough buyers to get a fair price.

·         Mineral Rights Broker:  A high quality mineral rights broker is worth their weight in gold.  The reason is that they will save time, make you more money, and walk you through the process.  A quality mineral rights broker will make the process of selling your mineral rights simple.  We recommend Texas Royalty Brokers.

How to get the best price 

The most important part of figuring out how to sell your mineral rights is getting competitive bids.  When you get competitive bids to sell mineral rights, this competition will bid the price higher.  This puts more cash in your pocket and makes sure that you walk away with the most money possible.

A lot of mineral owners do the same thing.  They speak to just 1 or 2 mineral buyers, take the higher offer, and figure it all worked out.  The problem is that they likely lost out on a lot of money. 

By getting competitive bids, you can make sure that you sell mineral rights for the absolute highest price possible.

Where are mineral rights for sale? 

Another way to figure out how to sell your mineral rights is to look at places where there are mineral rights for sale.   In Texas, the number one mineral rights broker that has mineral rights for sale is Texas Royalty Brokers.   You can view their mineral rights for sale and learn a little more about how to sell mineral rights there.

 

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