Financial Benefits of Selling Your Mineral Rights
Individuals with mineral rights or oil and gas royalties have the potential to secure a large sum of money if and when they choose to put these rights up for sale. However, you might be wondering if now is the right time for you to sell these rights.
Why Sell Now?
While everyone’s situation is unique, the following are some things you may want to take into consideration if you are contemplating whether or not now is the right time for you to sell your mineral rights or oil and gas royalties.
- Oil and Gas are Booming: like other resources, oil and gas experience highs and lows on the market, and although these commodities are booming right now, things can change very quickly, meaning that you might stand to get a substantially greater amount of money if you sell your rights now than you could get a month, six months, or a year from now.
- The Risks of Waiting to Develop: if you are relying on getting money from having your land developed, you run the risk of having a dry or non-producing well, resulting in little to no money. However, if you sell your mineral rights now, you can get the money you deserve for your assets.
- Money When You Need It: if you decide to lease your mineral rights or develop your land, you could be facing an unpredictable timeline, as some companies take years to develop land, leaving you in an indefinite waiting period to receive payment. By listing your mineral rights for sale now, however, you can be sure that you will get the money you deserve when you need it.
Contact a Mineral Rights Broker Today
At The Mineral Auction, we are ready to connect you to our network of more than 6,000 buyers who are ready to pay top dollar for your mineral rights and oil and gas royalties. Learn more about what you stand to gain by selling your rights by contacting us today at (512) 698-2802.