Posted by on Feb 11, 2015 in Earth Resources | 0 comments

Selling anything is always a stressful undertaking, but especially when it comes to real estate property. Selling your mineral rights goes through the same process as selling any real estate such as a house or a lot. The big difference is knowing what the market value is.

There is no handy reference for mineral rights values. The selling price will depend on many factors such as the type of minerals that may be there and the likely yield based on proved reserves for the area. It will also depend on who the buyer is. Speculators routinely offer low prices because they are not the final buyers; they speculate on likely mineral rights and sell them to developers.

The best thing for you is to find buyers that plan to explore and exploit the mineral deposits. They can usually give better offers because there is no intermediary. However, it is not at all easy to find such buyers as they tend to rely on agents to do the legwork for them.

It will also be necessary to come up with documentation that you actually own the mineral rights you are planning to sell. You can do this by checking with the office of the county clerk or having a private abstracting company do it for you.

Getting all these elements together to sell your mineral rights can be time-consuming and exhausting work, and you are not even sure that you are doing it right. Fortunately, there are companies that specialize in helping mineral rights owners get together with direct buyers where bidding can take place. One of the most reputable companies in Texas does this very well. You can view their website here. Letting a mineral rights auction house do the work for you is the best and easiest way to sell you mineral rights.