As the market struggles to figure out the real price of oil, many mineral owners are left wondering where they stand. If you’re wondering about mineral rights value in Fayette County Pennsylvania, you aren’t the only one. As we see oil and gas companies cutting jobs and the price of oil continuing to decline, many mineral owners start to worry about the negative impact on the mineral rights value. If you’re concerned about mineral rights value in Fayette county Pennsylvania, we can help you understand the important facts.
How to Value Mineral Rights
If you are a mineral owner concerned about value, the first thing you need to understand is how mineral rights are valued. Unlike other items you need to value, mineral rights are a little more difficult. If you have an item laying around your house, you could easily hop on ebay and see what it’s selling for right now to get an estimated value. To determine mineral rights value in Fayette county Pennsylvania, it’s not as easy! There is truly no place that can give you an exact number on how much your mineral rights are worth.
The only way to know exactly how much your mineral rights are worth is to put them on the market for sale.If you want to sell mineral rights in Fayette Counyt, we recommend you list the property on US Mineral Exchange. The reason is that when you create a listing with a reputable company like US Mineral Exchange it will get exposure to thousands of buyers across the US. Why is that important? To get the highest possible value, you need to get your property in front of a large number of buyers. This allows all the buyers compete to pay you fair market value for your property!
Common Mineral Owner Mistakes
As a mineral owner, you want to avoid some of the most common mistakes that mineral owners make. Here are some of the most common we see:
- Only getting 1 or 2 bids and assuming you got a fair price
- Being rushed into a decision
- Accepting any offer you receive in the mail without getting competing bids
- Listening to rumors
- Not negotiating the best possible deal
As you begin the process of selling mineral rights, you want to make sure you put as much cash in your pocket as you can! This is why we recommend US Mineral Exchange because it helps you avoid all the common mistakes listed above.
Free Consultation
If you own mineral rights and have questions, fill out the free consultation form below. We can help you with the following questions:
- Mineral Rights Value
- Evaluate whether you have a fair offer to sell mineral rights
- Answer questions about selling mineral rights
- Understanding Market Value of Mineral Rights
- + Any other questions related to mineral rights!
No matter what question you have regarding your mineral rights, we can help! We usually respond to your inquiry within 1 to 2 hours!
Whether you want to sell mineral rights, determine mineral rights value, or simply have some basic questions regarding your mineral rights ownership, fill out the form and we will quickly be in touch.
