< Back to Blog
  • 7 Terrific Tips To Successfully Sell Your Mineral Rights!

    November 21, 2018

     

    If you’re like many mineral owners in Texas, you may have an interest in selling your mineral rights.

     

    With the amount of activity happening in the oilfields today, doing so can be quite lucrative.

     

    Yet before you sign the first contract that comes your way, follow these tips for success.

     

    Proceed with caution when you sell your mineral rights so you get a really great deal with a reputable buyer.

    1. Know What You Own and What It’s Worth

    The ground in Texas is rich with minerals.

     

    If you’re thinking of selling your mineral rights, it pays to have someone explore your right to tell you what you’ve got and give you an estimation of how much might be there.

     

    Once you have that information, you can loosely determine ahead of time what it’s worth so you don’t get cheated.

    2. Understand Surface Rights

    A detail that frequently gets owners of mineral rights into trouble is the whole mineral rights vs. surface rights issue.

     

    It’s important to understand that when you sell or lease your mineral rights, in most cases you are handing over control of the surface to the production company.

     

    This is a detail that should be negotiated with the help of a lawyer if you wish to retain certain use of your land.

    3. Understand Valuation and Market Value

    There is a whole process involved in determining the value of your minerals.

     

    Value is also partially determined by market value. Before you sell your mineral rights, it’s important that you understand how valuation is done, what is the current market value, and how they affect each other.

     

    Your dealings with buyers who want to buy for as low as possible will be easier once you do.

    4. Document Everything

    From title searches and land exploration records to previous royalty payments and mineral leases, document everything and keep your receipts and papers.

     

    All of this information is critical for proving mineral rights ownership, your right to sell them, and how much what you’re selling is worth.

    5. Learn as Much as You Can About Selling Mineral Rights

    Selling your mineral rights is very different from selling real estate or other tangible property.

     

    There are many laws governing the practice as well as different strategies for finding good buyers and negotiating successful deals.

     

    With so many details involved, it’s essential that you learn about dealing in mineral rights so you know how it’s done, what to expect, and how not let someone take advantage of you.

    6. Never Take the First Offer

    As anxious as you may be to make a deal, never take the first offer especially if it’s an unsolicited one.

     

    Every experienced broker will tell you to be cautious of buyers who come out of nowhere.

     

    Also understand that experienced buyers who realize you are newer to the trade will low-ball you while disguising it as a great offer.

     

    Sellers must be just as careful as buyers.

    7. Unless You’re Experienced - Don’t Do It Alone

    A good way to avoid costly mistakes and make great deals is to sell your mineral rights with the help of an experienced royalties professional.

     

    These brokers will ensure you don't get cheated by helping you every step of the way.

     

    They also have access to networks of the most reputable and qualified buyers who will pay fair prices.

    Selling Mineral Rights - A Summary

    If you’ve got mineral rights and want to sell them, pair up with a reputable royalties' expert who can help you succeed.

     

    Using these tips and the advice of a skilled professional, selling your mineral rights can be a positive experience!

    Selling Your Mineral Rights In Texas?

    Let Permico Royalties Help You Sell Your Mineral Rights!

    Call (432) 242-7335!

Topics

  • Gas Rights For Sale in West Texas
  • Gas Rights in Texas
  • Gas Rights in the Permian Basin Texas
  • Gas Rights in West Texas
  • Mineral Rights For Sale in Texas
  • Mineral Rights For Sale in the Permian Basin Texas
  • Mineral Rights For Sale in the United States
  • Mineral Rights For Sale in West Texas
  • Mineral Rights in Texas
  • Mineral Rights in The Permian Basin
  • Mineral Rights in the Permian Basin Texas
  • Mineral Rights in The United States
  • Mineral Rights in West Texas
  • Oil and Gas Royalties For Sale in Texas
  • Oil and Gas Royalties For Sale in the Permian Basin Texas
  • Oil and Gas Royalties For Sale in the United States
  • Oil and Gas Royalties For Sale in West Texas
  • Oil and Gas Royalties in Texas
  • Oil and Gas Royalties in the Permian Basin Texas
  • Oil and Gas Royalties in the United States
  • Oil and Gas Royalties in West Texas
  • Oil Rights For Sale in Texas
  • Oil Rights For Sale in the Permian Basin Texas
  • Oil Rights For Sale in West Texas
  • Oil Rights in Texas
  • Oil Rights in the Permian Basin Texas
  • Oil Rights in the United States
  • Oil Rights in West Texas
  • Oil Royalties For Sale in Texas
  • Oil Royalties For Sale in West Texas
  • Oil Royalties in Texas
  • Oil Royalties in the Permian Basin Texas
  • Oil Royalties in West Texas
  • Royalties For Sale in the Permian Basin Texas
  • Royalties For Sale in the United States
  • Royalties For Sale in West Texas
  • Royalties in Texas
  • Royalties in The Permian Basin
  • Royalties in the Permian Basin Texas
  • Royalties in The United States
  • Royalties in West Texas
  • Royalty For Sale in Texas
  • Sale of Gas Rights in Texas
  • Sale of Gas Rights in the Permian Basin Texas
  • Sale of Gas Rights in the United States
  • Sale of Gas Rights in West Texas
  • Sale of Mineral Rights in Texas
  • Sale of Mineral Rights in the Permian Basin Texas
  • Sale of Mineral Rights in West Texas
  • Sale of Oil Rights in Texas
  • Sale of Oil Rights in the Permian Basin Texas
  • Sale of Oil Rights in the United States
  • Sale of Oil Rights in West Texas
  • Sell Gas and Oil Royalties in Texas
  • Sell Gas and Oil Royalties in the Permian Basin Texas
  • Sell Gas Royalties in Texas
  • Sell Mineral Rights in the Permian Basin Texas
  • Sell Mineral Rights in West Texas
  • Sell My Mineral Rights in Texas
  • Sell My Oil and Gas Royalties in Texas
  • Sell Oil and Gas Royalties in Texas
  • Sell Oil and Gas Royalties in The Permian Basin
  • Sell Oil and Gas Royalties in The United States
  • Sell Oil and Gas Royalties in West Texas
  • Sell Oil Rights in the Permian Basin Texas
  • Sell Oil Royalties in Texas
  • Sell Oil Royalty in Texas
  • Sell Your Mineral Rights in Texas
  • Sell Your Mineral Rights in the Permian Basin Texas
  • Sell Your Mineral Rights in West Texas
  • Selling Gas Rights in Texas
  • Selling Gas Rights in West Texas
  • Selling Mineral Rights in Texas
  • Selling Mineral Rights in The Permian Basin
  • Selling Mineral Rights in the Permian Basin Texas
  • Selling Mineral Rights in The United States
  • Selling Mineral Rights in West Texas
  • Selling Minerals in West Texas
  • Selling Oil Rights in Texas
  • Selling Oil Rights in the Permian Basin Texas
  • Selling Oil Royalties in Texas
  • Selling Oil Royalties in the Permian Basin Texas
  • Selling Oil Royalties in West Texas
  • Selling Royalties in Texas
  • Selling Royalties in the Permian Basin Texas
  • Selling Royalties in the United States
  • Selling Royalties in West Texas
  • Selling Your Mineral Rights in Texas
  • Selling Your Mineral Rights in the Permian Basin Texas
  • Selling Your Mineral Rights in West Texas
  • Uncategorized