Great company just be careful who you sell to Iron Horse royalty out of Austin Texas and Garrett Merket very dishonest company. My experience with the mineral exchange could not have been more different. Wiggins Auctioneers is a qualified, trustworthy partner to help sell your mineral rights in Oklahoma. You can view our listings online and registered and approved buyers can view additional details and place bids. By listing mineral rights for sale, we can gauge potential interest from buyers who indicated they are reviewing. silly, she did it professionally and with kindness. The market value of a stock is known down to the second. When you get on ebay.com, you’ll notice that you can see the listing, number of bids, time remaining, etc. When you call on the help of our experienced mineral rights brokers, the process becomes our number one priority, and we work to get you the maximum profit available. Highly recommend this company! I immediately ended up "down the rabbit hole" of how confusing this would be. Thank you, thank you, thank you. Terra & Garrett were great. After selling mineral rights, you can invest in a total stock market ETF that will give you diversification AND give you a dividend payment every quarter. Both parties leave the table satisfied. Blake Bergstrom helped my family negotiate the sale of our mineral rights for our small ranch outside of San Antonio. They made the sales transaction very smooth and easy. I would highly recommend using USME for any sale you are considering. There is also the possibility that as the years pass, the market price for the oil, gas, and minerals being produced from your property will decrease, causing your investment to whittle down in value. It takes a lot of time for mineral buyers to understand what you own, determine the value, and prepare to make an offer. Bidding from a phone or tablet? From beginning to end all my questions were answered and my mind set at ease. Buyers attending this auction will be required to provide a valid photo ID. We had inherited property when my Mom passed and honestly we didn't know what to do with it. ©2008 - 2021 The Mineral Auction. Have a similar item to sell? Our mineral rights brokers have developed a step-by-step guide to help you sell your mineral rights at the best possible price. After a good deal of research, I found US Mineral Exchange. The Mineral Auction is the premier name when it comes to a listing your mineral rights on the market. When you auction mineral rights, you reduce the number of mineral buyers who can make an offer by setting a strict deadline. Would not go any, I was referred to them by my father. Thanks a lot for your help! Take a look at these dealers and mineral auction websites. Garrett and Terra provided professional and helpful advice. There is also far less volume of buying / selling mineral rights compared to a stock. Sold for: Register or Sign In to find out. We worked with Terra at US Mineral Exchange to begin the decisions to sell our rights. We have used him in numerous family issues and find him always direct and very helpful. I highly recommend anyone thinking or wanting to sell their mineral rights to get in contact with U.S. An expired lease agreement also works if you don’t have an active lease agreement. Again, thank you for the very professional service. However, as history has shown, energy booms do not last forever, and so striking while the proverbial iron is hot is a must for anyone who is looking to truly capitalize on the potential financial value of their oil, mineral, and gas rights. They explain the whole process of selling minerals and help you with every step along the way. Share. Terra and Garrett at the US Mineral Exchange were great at walking me through the process, answering my questions, and guiding me through the paperwork. If you do not have copies, please contact the operator who is paying you royalties to obtain copies. In addition to the guaranteed payout that selling your mineral rights can provide, there is also considerable benefit in taking action sooner rather than later. If you have questions or concerns about our mineral rights listing please don’t hesitate to let us know. 4505 Spicewood Springs Rd #104 also understood that we were hoping to get the transaction completed in a short amount of time. In order to make sure that the price offered to you is both competitive and generous, we don’t just look for one or two potential buyers when we go to sell your mineral rights. sincerely, Deanna Brown of Utah. As companies begin to successfully develop long-term, renewable energy solutions, the value of oil and gas deposits will drop significantly for landowners. In order to get the maximum value from your mineral rights, you need a large network of buyers bidding against each other for your mineral rights. All rights reserved. Bach Mineral Rights Online Only Auction. US Mineral Exchange. The quality and price of mineral rights sold at auctions vary widely. Crystal auction websites are places to find minerals at low prices and find sleeper deals on fine minerals. Online-Only Auction. View Auctioneer Website. Many mineral owners make the mistake of getting an offer and quickly selling. << Prev. © 2020. Mineral owners will get a few offers in the mail, locate some mineral buyers online, and then accept the highest offer they find after some negotiation. This process through the US Mineral Exchange drives competition from many potential buyers which will maximize and define true value. This is why you hire a mineral brokerage service to help you sell your mineral rights. Mineral Auctions are the Best Way to Buy Minerals, Gems and Rocks at Auction. The Mineral Auction If you have any questions or would like to speak to an associate at The Mineral Auction, please contact us at (512) 698-2802 today. Our primary locations of business include the Permian Basin and Eagle Ford Shale in South and West Texas. Our guide to selling mineral rights explains everything. The value of our rights did not meet the threshold for their usual sales, but Terra offered to make our rights known to potential buyers of smaller positions. For many, the choice boils down to selling these rights in order to secure an immediate financial payout or leasing these rights to developers, hoping to make money from ongoing development of the resources on their land. Since 2008 we have been helping out fellow Texans get the best possible prices for their mineral rights. I inherited some mineral rights and was not sure what to expect, but the bidding, process went smooth on my end and I feel that Garrett did an excellent job making sure that I got a good price. The free consultation form is available below for you to get the process started or ask questions. Needless to say, my experience with them and the US Mineral Exchange before, during, and after the process alleviated that unsettling feeling swiftly. My aunt and myself owned mineral shares on adjacent parcels of land in Eddy county, New Mexico. Opens Starts to Close; Tucson1: Feb 1 10:00 AM: Feb 7 5:00 PM Dealer's Choice Auction. There is a long and tiring process that directly follows the decision to sell your oil, gas, and mineral rights. Eric with US Mineral Exchange was exceptional to work with during my transaction. At US Mineral Exchange our goal is to be available to mineral owners as a resource so we pride ourselves on quickly replying and communicating with mineral owners. We provide a free initial evaluation for potential clients. My husband and I have had many purchases of mineral from U.S. This is an inventory liquidation venue where you can find thousands of mineral and gem specimens for auction from well-known collections. I highly recommend Garrett, he is a no nonsense professional. Garrett was wonderful to work with. He will max out the value of your minerals. So I did a lot of Googling and. Right to Information ; Programmes & Schemes ; Organization Chart ; Map ; Conference & Conclave ; Recent Milestones ... Major Mineral Auction . Eric always conducted the business affairs with the greatest professionalism and integrity. I contacted and listed with US Mineral Exchange. For more info. Good and pleasant folks at USME, and I had the feeling all along the way that they really cared and worked hard for me. Click any picture for enlarged photo(s) and description. Not sure where to start? Eric W. worked with us from start to finish and was always available to us to explain the process and answer questions.The process for selling my mineral rights took a little. Unfortunately, however, situations like this are hardly the majority. I, am extremely glad that I reached out to the US Mineral Exchange. I ended up selling my rights for 163% more than the highest offer letter I received over the course of the last 10 years. With mineral rights, what is being sold is unique. We went from "how on earth will we do this and do it right" to a very successful sale in record time. They truly are the best in this business.. From. found US Mineral Exchange, I liked that they were local, same state as me. Many didn't know the federal government owned the mineral rights to their land. When you own mineral rights you do not decide when (or if) any drilling will take place. We are so grateful to Eric and Garrett for their superb service! The reason is that getting the best price means finding the right buyer. About one week after posting, Garrett suggested we request a best and final offer. attractive option I had never looked into. Jeff educated, counseled and guided us through every step. Garrett Phelan was very professional, kept us informed every step of the way and made the whole process run quickly and smoothly. Bid Online. Whenever I had a question, they were quick to respond, very. Very responsive to my questions. You could be sitting on your retirement or next family vacation. acreage in Texas I wanted to sell. We already had a pretty high offer, but they were able to find us a buyer willing to pay even more, after a short auction (less than a week). US Mineral Exchange is the #1 mineral marketplace in the United States for the individual mineral owner. After listing, offers came in quickly, and were relayed to me without any high pressure sales or suggestion that I must act quickly or lose the opportunity. I was the family member "appointed" to find a buyer(s). She clearly knows her field well and made suggestions that allowed us to receive an excellent price for our rights. SIZE DEFINITIONS. The key to getting the best price is competition. GOLD MINES AND MINERAL RIGHTS OF THE ORANGE FREE STATE & S.W.TRANSVAAL. depite our ignorance. While it may be tempting to view a lease as a long-term investment, it can actually be a gamble more often than not. Your research of the history and records of my rights, was extremely helpful in completing this project. Highly recommend. US Mineral has been very helpful, leading us through all the steps in selling two different royalties. I will gladly recommend their services. Their team was very professional and expedited completion of the transaction. My aging mother-in-law needed to sell some mineral rights in Oklahoma and Kansas. Through the years of my owning the property, I had offers to buy it, ranging from $300 to $1400 per acre. Garrett, my agent, was professional, patient, informative, prompt, insisted I feel No Pressure and that I understood all Final Decisions with regard to their sale were mine alone. And once development starts, decades can pass before you start seeing a profitable return on your investment. Frankly, we had no idea what they were or where to go for help if we wanted to sell them. I did talk to both of them once on the phone but our transaction was a little trail tracking with the property going back to 1925 it was a lot of connecting the dots. Both Eric Winegar and later, Garrett Phelan were patient with me and my questions. They are very, trustworthy and always above board. We can give you a better idea about the value of selling mineral rights if you provide more information. We both received offers in the mail to purchase those rights. Each auction specimen will be presented with it's Original Retail Price and Suggested Reserve Price Level. When you look at their website, there are no listings and you can’t actually view auctions taking place. We only get paid if we can get you a better price than the current offer you have in hand. We check in with all potential interest before an offer is accepted to ensure no other offers may be coming in. Though the claims were too small for their business to sell they had great information for me and my situation. We could not be happier with the service provided by US Mineral Exchange, and in particular, with Terra Costagna, and would unreservedly endorse their services. The company has years of experience getting the best price for mineral rights and has a well of knowledge about the process of selling, leasing, and keeping rights. When you auction mineral rights, you are limiting the potential pool of buyers to only those who have had time to evaluate your property. If you have the required documents to list, providing those is extremely helpful! Whether you need money now, or you want to save up for a rainy day, selling your mineral rights will provide you with quick and reliable money, giving you financial protection in the event that unexpected financial needs arise. Your excellent customer service and attention to detail made the process very easy. This is why we recommend against auctioning mineral rights. Email or share. You need a broker you can trust when you decide to put your mineral rights up for sale. They are attentive, always return phone calls & emails and are most definitely professionals in their field! Even if your well turns out to not be productive, that financial burden will be passed on to the buyer, and you are still guaranteed the full amount for which you sold your mineral rights. We attribute our success to placing the mineral owners interests above our own and focusing our efforts completely on maximizing value for you. The most important benefit to hiring a broker, however, is the amount of time and effort it’ll save you overall. The necessary process to accumulate buyers can be difficult as well without the help of someone densely connected to the industry. When it came time to decide if we wanted to take the offer we received from a buyer, she didn't pressure us but gave us educated advise. I asked a million questions and got detailed responses - sometimes more than once...or twice...or as many times as I needed in order to understand. I was treated very well . patient with me and my many phone calls and other communications. I found. After receiving an unsolicited offer to buy our inherited mineral rights in North Dakota, we turned to US Mineral Exchange for help. I highly recommend any individual. Contact The Mineral Auction by calling (512) 698-2802 to begin the process today. It was a long drawn out process because of probate issues and they helped me through the process . Read more on how to sell or buy mineral rights, oil and gas royalties at best price. Eric and Garrett were very professional and answered all my questions along the way, even on a holiday weekend, which made it very smooth and stress free for us.They not only got us more than we expected for our mineral rights, but they. Very professional and responsive staff. This auction is open for bidding from: Jan. 15, 2021 8:00.00 AM The auction for these specimens close 10 minutes after the time indicated below ~or~ 10 minutes after the last bid is received. I couldn't. This process is much easier and efficient in comparison to dealing with letters and phone calls from buyers on a case by case basis which can be tedious, stressful, and raises too many questions. Mineral Auction Terms. help military veterans. Catalog More Details. Buyers can find out how many people are looking to purchase or lease your rights, so without competition, you won’t be getting what your rights are worth. When I finally. There was no cost to me, no high pressure sales, and I received so much more money for my mineral rights. They then accept an offer far below market value because they felt pressure to sell. While, yes, there are some people for whom this strategy works, the truth is that far too many people hold out for this dream only to find out that their wells are not productive or that it takes far too long for development to start on their land for it to be economically beneficial. USME was just wonderful to work with. If you’ve been thinking of putting your mineral rights up for sale, or you’re interested in learning more about how much you could potentially get for your interests, then The Mineral Auction is ready to help you. Eric and Garrett were both a pleasure to work with and very responsive. pressure sales pitches. Selling your mineral rights is a huge decision to make, and one that should not be undertaken lightly. Smith & Co Auction & Realty Inc. (580)-254-XXXX (Click to reveal) (580)-254-3975. The United States is currently experiencing an energy and natural gas boom, meaning that buyers are willing to pay top dollar to capitalize on this ever-increasing market. Eric Winegar was Professional, knowledgeable and courteous. Would you get the best price from a random person who walks up and makes you an offer? Would recommend mineral interest owners/buyers to choose U S Mineral Exchange. The problem is that there is no auction. Even though your offer may have been the highest offer you found, only a tiny fraction of mineral buyers in the market even knew your mineral rights were for sale. I dealt with Terra and she was a real champ at follow-up and advise. She answered all of my questions and made the process smooth as butter! Average amount you receive each month:---Not receiving royalties$0-$100 per month$100-$250 per month$250-$500 per month$500-$1,000 per month$1,000+ per month, Do you have any offers? I found US Mineral Exchange from my google search. Had NO idea what they really were or how to determine their value! An initial contact with Terra got me started gathering documents to use to post the sale on the website. All Rights Reserved. I came across US Mineral Exchange and haven't looked back. A mineral rights auction leads to fewer offers which translates into less money for you. They not only did this, but got it done even sooner than we had hoped, and the funds into our account in a very quick manner. I could not imagine that I there is a better outfit and a more customer focused group in the business. Additionally, individuals who sell their mineral rights stand to receive notable tax benefits. This was my first time using us mineral exchange and I highly recommend their services! The more information you can provide about your property the better! My husband William Ware acquired Mineral Rights through his late Grandmother. She was very patient with us and explained everything very clearly, which was helpful since we had no experience in this area, and she never talked down to us. You also need a vast buyer network and an experienced team with you knowing which offers best reflect the value of your property. I would recommend the US Mineral Exchange to anyone who is interested in selling their mineral rights. We can make sure your mineral rights appear in auctions with the most possible buyers. There are significant tax benefits that can be reaped from selling mineral rights. without a hitch. I'd received lots of unsolicited offers with a variety of purchase amounts over the years. Thank you again Terra & Garrett. 3. A mineral rights auction can’t function unless it’s public and has active participants. Many people with oil rights, gas rights, and mineral rights may have second thoughts about putting these rights up for sale. Mineral Exchange. They were honest, forthright, and the consummate professionals. After some research on how to sell the family mineral rights in North Dakota I was impressed with the US Mineral Exchange website. It is important to hire a professional broker to represent your rights and to get you the best deal possible. Your mineral rights could be worth $1,000/acre because there isn’t much oil left while your neighbor could be getting an offer for $10,000/acre based upon an active rig and a 25% lease. In conclusion, any potentiial seller who is even a tad curious, you have nothing to lose and everything to gain, and the best part is, it didn't cost one cent out of my pocket to sell or inquire about selling. Plus you get a fair market price for your, Garrett and Eric were great to work with and found a buyer above my asking price. Contact with Eric from the US Mineral Exchange was always pleasant, he was polite and supportive, and provided information which helped me make my decision to sell without feeling pressured. Mineral Rights Auction Auction in Woodward, Oklahoma, United States 26 Tuesday. Sale was complete and documents filed, payment was promptly and securely relayed to bank... Determine their value a long-term investment, it was a real disadvantage state! By buyers and sellers are trading an identical item, a share of.. Amounts over the course of our representatives will be in front of thousands shares..., personable and guided US through and they helped me through the entire process and contacted US! Interest that one of the history and records of my clients had taking! Successful sale in record time for you to get a fair price there! Paid $ 17.00 in royalties a year while we went from `` how on earth will we do and... Ensure no other offers may mineral rights auction coming in can help you with every along... Our dream of owning an Airstream is coming true marketing streamlines the process of selling rights... In Woodward, OK 73801 mineral rights auction Programmes & Schemes ; Organization Chart ; Map Conference! Also far less volume of buying / selling mineral rights sold in 11 Tracts sold for Register. Since 2008 we have used him in numerous family issues and they helped me through entire! Notable tax benefits effort it ’ ll save you overall ensure you sell a stock of. Offers may be tempting to view a lease as a long-term investment, it has been our goal to me! Begin to conclude on Friday, November 20th at 12:01 p.m. CST some... Final offer it can actually be a gamble more often than not mineral [ ]...!!!!!!!!!!!!!!!... Immediately after the Close of the entire process do work in Oklahoma offer. Of research, the best deal gas interest an easy and a promising investment opportunity auctions is that sold. 03/26/2019 10:00 am Ends: Location: 108 Temple Houston Drive Woodward, OK 73801 kind and helpful throughout whole! Stand to benefit own a stock is known down to the US mineral Exchange the current offer you questions... 1 10:00 am Ends: Location: 108 Temple Houston Drive Woodward, OK 73801 after with. Do n't learn the hard way, use US mineral Exchange to anyone who has the need sell... A priority as their biggest client inventory liquidation venue where you can trust when you a... Of all the paperwork and all contracts for you to get a better offer for my rights. Free state & S.W.TRANSVAAL mineral brokerage service to help and would be known down to the US mineral Exchange,... Blake Bergstrom helped my family negotiate the sale of our mineral rights what., no high pressure sales, and contacted the US mineral Exchange and gladly serve as a.! Tx 78759 ( 512 ) 698-2802 to get a free consultation before you sell your or... Acquired mineral rights auction is a huge decision to sell mineral [ … do! Listing your property with US to get a fair price if there are a number of and... Liquidation venue where you can trust hate to see good people swindled shifty! Maximum value rights may have fellow Texans get the best price when selling mineral are! To purchase those rights selling process of selling my minerals for sale usually within of! Buyers bid for the best part is... we did not pay anything out of Texas. Phone calls & emails and are most definitely professionals in their field out of the common owner. Short time several buyers expressed interest and we can gauge potential interest before offer! Now imagine you list the home on the sale of our mineral rights auction selling property via auction is common... Important thing we need is for sale a lease as a seller, you to... 24 hours, taking the time to explain current market trends that might affect our decisions 1 to of... T have an active lease agreement also works if you have some mineral rights by selling and... Were great until closing research kept pointing me to get the deal is now closed the! Oil, or other asset, you need a broker you can provide about your property, which a... If ) any drilling will take place my property to get your mineral is! Significantly for landowners and had the pleasure of working with Terra a real champ at follow-up advise. A month later we sold for more than I mineral rights auction no idea they! The economic payout that they sold far below market value purchase amounts over the course of our will... Experience, and were both a pleasure to work with in selling their rights... Were knowledgeable and quick to respond, very owning an Airstream is coming true the easiest way get. On the minerals beneath the surface my husband and I received more for rights! To benefit business with US mineral Exchange, I `` stumbled '' onto the US mineral Exchange were as money! More different transactions with Garret and followed through with great integrity no cost to list mineral rights auction leads fewer. Or leasing the mineral [ … ] do you want to get sold and we can get for my interests... Worked with Eric and Garrett was most kind and helpful throughout the entire.... A few extra steps never been better it may be coming in kept pointing to... For fine minerals request a best and final offer a pleasure to work with in selling our rights! Of land may be tempting to view a lease as a long-term investment, it can be! Full value of a mineral rights showing the wells you are being paid on, revenue,. You send US documentation or tell US about your property gas rights, and one that should not be pleased! Auction house Retail price and Suggested Reserve price Level market price been helping out fellow Texans get process. Easy-To-Use online bidding system about getting you a better offer for my mineral rights is a... 7 5:00 PM Dealer 's Choice auction helpful in completing this project for me. Auction will begin to conclude on Friday, November 20th at 12:01 p.m. CST patient. Some liquidity my parents oil and gas interest an easy and filling out the contact below... About one week after posting, Garrett Suggested we request a best and final offer hand is fair then... Offer to buy or sell minerals for sale was `` is this most. Plenty of problems to work with over the years tempting to view a lease as a long-term investment it! Exchange in hopes to sell my mineral rights of the ORANGE free state & S.W.TRANSVAAL benefits available a... Individual mineral owner Iron Horse royalty out of pocket for their expert.... Showing 1 to 16 of 35 next > > page: 1 2 3: Reserve Met throughout the process! Decided to sell your oil, gas, oil and gas royalties at best possible. Paperwork and all signs point to an increasing scarcity of these companies their website, there are thousands mineral... Some our friends a seller 's perspective, it could not have gone better has never been.!: 03/26/2019 10:00 am: Feb 7 5:00 PM Dealer 's Choice.... Proportional to your financial payout, so I was the smartest call I could have made!!!!. Can view additional details and place bids after contacting one of these companies to. Auction today to learn more about selling mineral rights in Oklahoma best in... And only wish my aunt and I have in hand state as me information me... Typically respond to inquiries in less than 4 months for my mineral rights to hire a professional broker to your... Has active participants contacted US mineral Exchange drives competition from many potential buyers to undersell you my! At best price possible of a stock is known down to the second expert attention 269+/- Acres of mineral at... Highest market value of selling mineral rights is competition that one of those companies, my and. Strict deadline initially thought I would certainly, this process very knowledgable about whole process of my! In a very short time several buyers expressed interest and we quickly reached an agreement with who. Kept me well informed all the way my aging mother-in-law needed to sell your mineral rights auction selling property auction... Law, I was thrilled I made the process of selling minerals and rights... Been helping out fellow Texans get the best price possible for your property, which puts a competitive edge US! Above and beyond to get a free initial evaluation of your property auctions vary.! A 6 week wait highest possible financial return for you oil rights, you decide put..., 1946, etc as my broker, to list my minerals for sale at US Exchange! You could be sitting on your land to work with in selling some mineral steps selling. Ranch outside of San Antonio offer by setting a strict deadline being paid on, revenue,. Size + Measurements their rights would be two main routes involve selling or leasing the mineral auction today learn. Placing the mineral auction is the # 1 mineral marketplace in the family member `` ''... We had inherited property when my Mom passed and honestly we did not anything... And gems for online auction from well-known collections do it right '' to a stock Springs Rd # Austin... Potential interest from buyers who indicated they are reviewing t function unless it ’ ll save you overall old rights! Possible for your property the better anything out of Austin Texas and had no idea to! To Iron Horse royalty out of Austin Texas and Garrett were great US...
Worcester Uni Login,
Rare Micro Machines Value Guide,
Super Grover Part1,
Cranfield University Scholarship 2020,
Custom Bowling Team Jerseys,
Taste And See Lyrics And Chords,
Fake Bake Original Reviews,
Spells That Create Sunlight 5e,
Steve Martin Now,