Please reach out using the form below, we would love to answer any further questions you may have. We want to help youmake the best decisionContact Us for a quick, personal responseContact us here Previous Next Integrity We put our customers first and are unwavering in our pursuit to exceed their expectations. I was very worried our ignorance on the subject would put us at a real disadvantage. I highly recommend Garrett, he is a no nonsense professional. I wholeheartedly recommend US Mineral Exchange and gladly serve as a reference. We’ll explain everything you need to know about an offer to sell mineral rights including how to maximize the value when you sell. that is considering selling their rights would be well satisfied for their customer service, experience, and guidance. Mineral Buyers do this in order to get you to reach out to them and once you do they feel like they can convince you of the need to sell to them and that they are willing to pay you the best price. Garrett was wonderful to work with over the course of our sale. I inherited mineral rights that have been in the family for decades. If you've received an offer or lease, read this carefully. Benefits of Selling Mineral Rights Mineral owners divest their assets for a variety of reasons, below are some of the common motivating factors we have seen from our customers. 5. We gave them plenty of problems to work us through and they were always more than helpful and kind. 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. Very kind, caring and knowledgeable of their job. minerals. Should You Sell Your Mineral Rights? With mineral rights many times the value is next to impossible to determine without getting offers from mineral buyers. patient with me and my many phone calls and other communications. So in my opinion if you have some mineral rights and would like to sell them contact Jeff at the US Mineral Exchange . If you recently lost your job, need to make a down payment on a home, want to start a business, or help your child through college, selling mineral rights can make sense. 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. I highly recommend anyone thinking or wanting to sell their mineral rights to get in contact with U.S. I would highly recommend working with them. Highly recommend this company! Terra was every bit as professional as Garret and followed through with great integrity. I can't say enough good things about our. Wing Resources is a Permian Basin focused mineral and royalty acquisition company. Eugene Kiko, Realtor and auctioneer for Kiko Auctioneers, said the shale boom has created an interest in mineral rights sales, and the mineral rights market right now is paying more than the $3,000 or even $5,000 many landowners received when they … In the United States, there is a legal distinction between mineral rights and surface rights. Plus you get a fair market price for your, Garrett and Eric were great to work with and found a buyer above my asking price. Their instructions for the closing process were very detailed and easy to follow. This range of value can fluctuate greatly with other factors taken into consideration. The value of your mineral rights could swing wildly from one year to the next based on oil and gas price. Wing's assets cover more than 200,000 gross and over 4,000 wells throughout the Midland Basin and Delaware Basin of … There are so many additional factors that contribute to the value of your acreage it can be overwhelming figuring out how to value them. Mineral rights value is a very fluid notion. Here is some guidance on determining mineral rights value based on what exactly you may own. The primary reason why this advice is so common is that there is a lot of value in oil and gas. Mineral rights are the ownership rights to underground resources such as oil, silver, or natural gas. He was very professional and answered any questions that I had. You get to walk away with the cash to put it to the best use in your life. We went from "how on earth will we do this and do it right" to a very successful sale in record time. I would highly recommend using USME for any sale you are considering. All around a very good experience I would highly recommend them. The Company did all the leg work for me, including screening for the best offers. I couldn't. The service was fast, excellent and beyond my expectations. If you, too, don't know what your Oil, Gas or Mineral rights can mean for you in that market place, contact USME and get educated! This industry is known as a boom and bust type of industry. 4. Dan & Mary Gray. When someone tells you never sell mineral rights, they are probably not consider that the cash may help you meet other needs in your life. You may be holding onto an asset that is worth substantially less in the future. I received more than 6 times the amount per acre my aunt received. :---Internet SearchBooklet in the mailOther. SALEM, Ohio — There are those who say selling your mineral rights can be a good thing, depending on your situation. The more information you can provide about your property the better! For each individual the decision to sell mineral rights is a personal one. Needless to say, my experience with them and the US Mineral Exchange before, during, and after the process alleviated that unsettling feeling swiftly. Mineral Exchange was excellent. Whatever the reason may be for selling mineral rights in Oklahoma, Liberty Minerals, LLC is here to help throughout the process. USME was just wonderful to work with. 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. In my on-line search for information I found US Mineral Exchange. 6. When you send us documentation or tell us about your property, that information does not go outside our company without your consent. Enter your average monthly royalty check below to see how much your royalty could be worth. The oil and gas industry is very lucrative and if they drill a new well on your mineral rights, you stand to make a substantial amount of money. Smooth process. The only reason oil and gas continues to survive is because there is no legitimate economic alternative. We will NEVER sell your information or use it without your consent. In our opinion there is only one situation where a mineral owner should continue holding mineral rights. 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. I contacted and listed with US Mineral Exchange. My aunt ended up selling her mineral rights to one of these companies. Would not go any where else. He was always responsive within 24 hours, taking the time to explain current market trends that might affect our decisions. The first obviously was "Is this the most I can get for my mineral rights?". The common advice to never sell mineral rights is not as relevant today as it was in the past. For every mineral owner the “when” on selling your mineral rights will be different. Kept me updated throughout the process. By getting the funds from our sale in a timely manner, we were able to get the one the dealer had coming off the assembly line in time to take on vacation with us! SALEM, Ohio — There are those who say selling your mineral rights can be a good thing, depending on your situation. The gentlemen at US Mineral Exchange were very helpful. After we listed we received an offer greater. Many people who own mineral rights royalties are surprised to learn that mineral acres and royalty acres are two completely different things. I had mineral rights in Oklahoma but live in Texas and had no idea how to go about selling them. They do not want to pay you top dollar for your minerals, they want to “make a deal” at your expense. This process through the US Mineral Exchange drives competition from many potential buyers which will maximize and define true value. The closer you are to known hydrocarbon accumulations, the higher your mineral rights value will be. Our goal is to help each mineral owner get maximum value when they sell mineral rights and ensure a smooth closing process. USME orchestrated the sale of our family mineral rights. This means you never have any out of pocket expenses ever. Gambling/Risk: It may not seem like it, but when you hold mineral rights you are making a big gamble. They not only did this, but got it done even sooner than we had hoped, and the funds into our account in a very quick manner. After contacting one of those companies, my aunt and I both experienced high. At every turn I felt confident we knew our options. In the USA and parts of Canada, individuals, citizens, can own mineral rights and royalty rights underlying land. There are many factors to consider when deciding if selling your mineral rights is the right choice for you. Control: When people tell you to never sell mineral rights they are not taking into consideration that you have no control over the mineral rights. Listed the mineral rights and received an offer within a week. 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. You have probably heard the advice to never sell mineral rights. I came across US Mineral Exchange and haven't looked back. Now imagine you list the home on the MLS where thousands of potential buyers know your house is for sale. Can't thank the enough!! Eric W. worked with us from start to finish and was always available to us to explain the process and answer questions.The process for selling my mineral rights took a little. I enjoyed the monthly income but remained mostly ignorant of the whole oil/gas industry. During all the complicated and uncertain parts of closing the deal, I felt assured that Garrett and Eric and Terra were looking out for me and keeping me informed of the progress. 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! Is leaving mineral rights to your children a legacy or a headache. Our most recent business deal was in selling some mineral rights and had the pleasure of working with Terra. While no one has the answer, we believe it’s coming sooner than later. As we mentioned above we recommend using an experienced broker to ensure that when you do decide to sell your mineral rights you get the most value from your sale. They broke everything down for me and I am very happy I chose to use them to sell my mineral rights. Could you use the money from the sale to meet other immediate needs? Mineral Exchange. If you've received an offer or lease, read this carefully. For some it can make sense to sell mineral rights. Eric Winegar was Professional, knowledgeable and courteous. I filled out their questionnaire and sent it off and in less than 45 minutes I got a phone call from a person not some computer and such. He "walked next to me" from Start to Sale! experience and we are completely satisfied. US Mineral Exchange is the #1 Mineral Rights Marketplace. Unsolicited Offer to Sell Mineral Rights in Texas. This is a gamble you can afford to take if you are in a good financial situation, but if you are not this gamble may not pay off. I had offers, but I remembered my dad's words. Mineral Exchange. U.S. The deal is now closed, the money is in the bank! 3. Your research of the history and records of my rights, was extremely helpful in completing this project. Had NO idea what they really were or how to determine their value! Here are some of the risks you are taking: 7. We don’t know, but if you hold onto mineral rights long term that is the risk you are taking. share. They were. 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. So, it was a good deal for both sides. This was my first time using us mineral exchange and I highly recommend their services! This makes getting multiple offers from multiple buyers so important. However, I "stumbled" onto the US Mineral Exchange. They found a buyer who stuck with me for a year while we went through all the probate issues. She responded to every question, even ones that to her were probably. Eric and Garrett were phenomenal in walking my family and I through the process of selling our mineral rights and essentially made it an effortless and painless experience. There are absolutely no cost to list your property. Garrett and Terra provided professional and helpful advice. She kept us informed at every step of the process. I could not be more pleased, and only wish my aunt had known about it in time to benefit. We would encourage you to strongly consider your options. US Mineral has been very helpful, leading us through all the steps in selling two different royalties. I obtained minerals through an inheritance and I knew they were in a area of interest. The good time to sell your mineral rights is the time that the money from the sale would serve your personal financial goals better than owning the mineral rights. While mineral rights are under the spotlight, it would be best to sell now because you may never get the same prices. I dealt with Terra and she was a real champ at follow-up and advise. I would highly recommend this company for anyone looking to sell their mineral rights at the best price. Many people will tell you to “never sell mineral rights” because some day they will be worth millions of dollars. If something came up, they were knowledgeable and quick to respond. Terra & Garrett were great. The trailer we had our eye on, the Airstream Nest, just came out last month and we had a vacation planned at the end of this month. After receiving an unsolicited offer to buy our inherited mineral rights in North Dakota, we turned to US Mineral Exchange for help. 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. Some day does not pertain to paying bills today. Mineral Exchange for anyone contemplating the sales of their mineral rights. So my brothers and I decided to sell. I, am extremely glad that I reached out to the US Mineral Exchange. Very knowledgeable of their job. It may not occur in our lifetimes, but alternative fuel sources will be needed in the future. I did some research on the internet, and contacted the US Mineral Exchange. There is nearly always a better price available. Quick closing. He communicated clearly and consistently with us through every step of the way. We can give you a better idea about the value of selling mineral rights if you provide more information. We can say that there are 4 main parameters that you should be aware of:. Would recommend mineral interest owners/buyers to choose U S Mineral Exchange. People choose to sell their mineral rights for a number of reasons, some of which include: Need For Immediate Cash To Pay Bills. pressure sales pitches. These are letters that do not contain an actual offer but only suggest your minerals my be very valuable. Key mineral rights valuation parameters. But I had zero experience in this sort of thing, i.e how to advertise, how to approach my target audience; I didn't even know what the true value of my property was. Geology, the study of underground structures provides much of the answer. When someone tells you to never sell mineral rights they are probably not considering your personal situation. Your home is either paid off or your monthly house payment is insignificant, You have diversified holdings outside of your 401K/retirement (real estate, business ownership, private equity ownership, etc), You have money set aside for college/education/long term needs of your children (if applicable), Losing your job would make virtually no impact on your life as you have strong savings and a funded retirement, Oil and Gas prices may go up or down over time, Many mineral buyers are private equity backed, if the economy declines the number of buyers decreases which lowers the value, You may hold your mineral rights for decades and no drilling occurs, New technology could make drilling more productive, this increases supply and lowers value (this is already happening), Your area may be in demand one year, but worth a fraction of the prices years later. I could not imagine that I there is a better outfit and a more customer focused group in the business. For others it would make sense to hold onto the mineral rights. Or, does it matter? 4. I mostly worked with Terra via e-mail. Had a wonderful selling experience! If you have oil and gas mineral rights you’d like to sell, this is the page to list them on. There are many different factors you are betting on when you own mineral rights. US Mineral Exchange also got me a fair value when other companies were trying to lowball me. Our Royalty Calculator below will help give you an idea of potential value. 2. I always felt we were as much a priority as their biggest client. But after learning he was connected with a politician . I was treated very well . Jeff educated, counseled and guided us through every step. price than initially thought I would get on the exchange. The reason is that they simply won’t get you a good price. It was a long drawn out process because of probate issues and they helped me through the process . To anyone who is uncertain about this process as I was, rest assured that there are great safeguards in place through the US Mineral Exchange to protect you, your mineral rights, and is completely risk, and obligation free to pursue. My experience with the mineral exchange could not have been more different. After listing, offers came in quickly, and were relayed to me without any high pressure sales or suggestion that I must act quickly or lose the opportunity. Some day does not pertain to paying bills today. If you are thinking about selling give them a call!!!! If you are in a very secure financial position with well diversified assets, we recommend holding onto your mineral rights. I inherited some mineral rights and was not sure what to expect, but the bidding, process went smooth on my end and I feel that Garrett did an excellent job making sure that I got a good price. Diversification: In our opinion the #1 number one reason to sell mineral rights is diversification. Garrett and everyone at US Minerals is the only place to go. :---Yes - $0 to $35,000Yes - $35,000 to $50,000Yes - $50,000 to $100,000Yes - $100,000 to $250,000Yes - $250,000 to $1MMYes - $1,000,000+No Offers, Common Mistakes when Selling Mineral Rights, Fair offer to sell mineral rights in Texas, Factors Affecting Mineral Rights Value in Texas. Medicaid Eligibility: While the rules vary by state, if you receive oil and gas royalty income you may not be eligible for medicaid. However, selling at the best price, maximizing value, negotiating the best terms and finding quality buyers requires deep industry knowledge and experience. With an ever changing oil and gas market, there is no “perfect time”. People often ask themselves "Should I sell my mineral rights? Oil & Gas Prices: In addition to not controlling when or if any drilling occurs, you also have no control over the price of oil and gas. website and connected with their rep Terra Castagna. It is with absolutely no reservation that I recommend them to everyone - knowledgeable or not - who is looking for help selling minerals. Every person has a unique situation. Their team was very professional and expedited completion of the transaction. professional, personable and guided me through the entire process and got me a really good prices. There are no liability risks, and in most cases, taxes are assessed only on properties that are actively Their staff is always professional and they give excellent customer service. Typically a guideline for value is 2 to 3 times the amount that was paid as a lease bonus is a range of what your mineral rights they may be worth in a sale. They made the sales transaction very smooth and easy. Conventional Wisdom Says Never Sell When it comes to mineral rights, the standard admonition has long been consistent and emphatic: Avoid selling them. In the end, we sold 35 of our 100+ mineral acres, and I am convinced that there was no other place we could have received the kind of comprehensive, expert service we did at the Mineral Exchange. We suggest US Mineral Exchange as they are a reputable company that has been in business for many years. If you have the required documents to list, providing those is extremely helpful! Rep was very. If you have an urgent financial need come up and you can liquidate the asset pay for that. Mineral buyers tend to know so much more about value in an area than sellers. We have never had an issue with U.S. In each of the three mineral ownership categories mentioned above there are some guidelines on how to get an idea of value. And, the best part is...we did not pay anything out of pocket for their expert attention. well everything went. In addition to this, there is a large political movement related to global warming to find cleaner alternatives now. Great people. Average amount you receive each month:---Not receiving royalties$0-$100 per month$100-$250 per month$250-$500 per month$500-$1,000 per month$1,000+ per month, Do you have any offers? About Community. However, you have no control over this and many mineral owners wait decades (or a lifetime) and nothing happens. Many times, you can get an idea of value when you get offers from mineral buyers in the mail or on the phone. If you are interested in selling your mineral rights, I highly recommend US, We tried selling our mineral rights on our own had nothing but empty promises. There are always buyers in the market. I loved the constant contact throughout. They will then reach out to you with what can be referred to as a “teaser letter”. Sorting these rights are a large part of mineral exploration. If you are in a position where the money from a sale would be a positive in your life right now, then it may be time to sell. save. I would recommend the US Mineral Exchange to anyone who is interested in selling their mineral rights. If you sell your mineral rights you no longer own them. They helped me settle on a buyer, and they negotiated a purchase agreement that protected my interests better than I ever could have done on my own. If you want to sell mineral rights, you probably want to find out as much as you can about the process before you commit to a decision. We had inherited property when my Mom passed and honestly we didn't know what to do with it. knowledgeable and responded to my questions promptly. I appreciated their detailed instructions along the way and going above and beyond to get the deal closed on time. So I did a lot of Googling and. At best, they have a small number of buyers they work with. When you own mineral rights you do not decide when (or if) any drilling will take place. If you believe at some point there was income being received it would be worth checking with the state escheatment department to ensure you do not have any money due you. Companies have been founded with that objective. I am from California and I had some mineral. Short Term Financial Need: Many mineral owners are facing a short term financial need. This article will help you better understand when you should hold onto mineral rights and when you should sell mineral rights. Both mineral and surface rights can also have co-ownership. Why is that advice so often given and is it right for you? These are your assets so there is never any pressure, we just give you … found US Mineral Exchange, I liked that they were local, same state as me. There are times when receiving a lump-sum of cash that can be the equivalent to many years worth of payouts is necessary to pay off bills or put down a deposit on a house or car. 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