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Mineral Rights Information Resource Guide
At The Mineral Auction we strive to provide mineral owners with the information and resources to make information decisions about what to do with their royalty interest, mineral rights, and other issues relevant to a property owner.
Understanding mineral rights can be confusing as ownership is vastly different compared to being a surface owner. The following guide is designed to help you gain a basic understanding of what options are available to you as an owner.
Guide Content’s
Tips for first time mineral rights owners
Like any other business, it is important for first time mineral rights owners to have an understanding of what to expect from this ownership. This is especially true if an individual is looking to sell their mineral rights, as the marketplace can be incredibly complicated.Interestingly, according to the Texas Landowners Association, it is not uncommon for land owners to have no idea that they are sitting on mineral rights until they are approached by a prospective buyer. So, for those who are new to the mineral rights world, the Texas Landowners Association offers the following, helpful tips:
- Understand whether you are looking to sell OR lease your mineral rights, as these processes and outcomes are very different for mineral rights owners.
- Never forget to negotiate when you are given an offer. Chances are your property has great value, which you stand to greatly profit from if you negotiate properly.
- Understand market value. In the mineral rights industry, it is hard to determine the full value of your property. The best course of action is to introduce your property to many different buyers and have them compete, driving up the price of your mineral rights.
- Determine the best time to sell or lease your mineral rights. Do not be blindsided by instant offers. Take your time and assess the situation.
At [firm-name], we take the confusion out of the mineral rights selling process by putting your rights up at auction in front of our network of thousands of qualified buyers. Find out how we can help you get the best price for your mineral rights by calling us today at [phone-number].
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