Help Me – I Have No Idea How To Value My Mineral Rights!
July 17, 2017
If you are the owner of mineral rights and thinking of selling them, you probably have a lot of questions.
One primary question those considering the sale of mineral rights have is valuation.
To obtain the most profit from your transaction and receive a fair amount when placing mineral rights for sale, you must have your resources properly valued.
The Complications of Valuing Mineral Rights
Unlike many physical items that can be readily valued, mineral rights are estimated initially, then sold based on a number of other details.
An estimation of the amount of mineral deposits under the surface must be made; that valuation is based largely upon the current demand for certain mineral rights for sale and current market prices.
Demand and current rates fluctuate quickly, meaning the estimated value will rise and fall with them.
In addition to the type and volume of minerals, depth and location of deposits may also affect value based on how challenging the extraction may be.
Begin With A Mineral Resource Report
The best way to assess the land for a resources valuation when considering the sale of mineral rights is to order a mineral resource report.
Geologists will explore your land as preparation to determine the size of the deposit under the surface, the type of minerals contained within the land, and the estimated volume of minerals present.
This report provides an accurate estimate of what can be extracted from the ground and what extraction methods might be required to do so.
Once this information is available, an estimated worth of the deposit can be generated that reflects current rates
Present Sale to A Large Audience
Although a geological report is an important tool that allows you to estimate the value of your mineral rights for sale, the true value is only as much as someone is willing to pay.
This is why it is essential to avoid taking the first offer, which could be less than what it is worth. Instead, present your offering to a wide audience of experienced buyers.
These buyers will also know what your mineral rights are worth based on the geological report, current demand for resources, and present sales prices.
Offering the sale of mineral rights to a wide audience gives you the opportunity for a good profit once buyers begin to bid against each other.
Gain A Better Understanding of Mineral Rights
The sale of mineral rights can be quite competitive when you offer your resources to a wide audience of interested buyers.
One of the best ways to do this and be sure the most buyers are aware of your mineral rights for sale is to work with an experienced royalties company.
These companies work with many people who buy mineral rights and can help you get a maximum return for minerals on your property!
Have Mineral Rights For Sale In West Texas?
Work With The Pros At Permico Royalties!
Call (432) 242-7335!Mineral Rights For Sale in Texas, Mineral Rights For Sale in West Texas, Mineral Rights in the Permian Basin Texas, Mineral Rights in West Texas
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