Posted on Thursday, January 23rd, 2014 at 9:03 pm
Individuals planning to sell their mineral rights want to ensure that they will be getting the highest possible price for their minerals. However, determining the worth of the minerals underneath a property might be very challenging as mineral rights are valued based on a variety of factors.
Typically, a buyer’s offer price is high if previous records in the area indicate success in drilling activities. Mineral prices and trends in the market also affect the value of the mineral right. Additionally, other costs such as transportation and taxes relevant in the area may also have an impact.
Mineral right owners face the challenge of optimizing their revenue by ensuring an appropriate approach in determining the value of their mineral property. Equipped with extensive market knowledge, connections, and resources, our Texas-based team at The Mineral Auction is ready to bring out the best value of your mineral rights when you call (512) 698-2802 today.