Tips for Mineral Owners
Posted on Sunday, January 24th, 2016 at 4:12 pm
Learning about the market and how to sell mineral rights may be overwhelming, especially to a first-time mineral rights owner. That’s why the US Mineral Exchange sought to help mineral owners obtain the maximum value for their property by providing the following tips:
- Provide all documentation
- Steer clear of common mistakes
- Learn the basics of mineral rights value
- Understand the market value
- Know that only selling half of your mineral rights is an option
- Never take the first offer, and study the offers well before deciding
- Do not take unsolicited offers to sell your mineral rights
- Get help from professionals
- Option agreements are usually red flags
Owners, especially those who are new in the industry, may benefit from the years of experience and expertise our team of professionals can offer. If you are looking to sell your mineral rights, consult with The Mineral Auction team before making any major decisions. We understand the complexity of the world of mineral rights, and we want to help you get the best deal possible for your property. Call our Austin office at (512) 698-2802 today.
