If you own mineral rights and received an offer from Woodcreek Resources in the mail, you may be wondering what to do next. Before you do anything, carefully read this article and consider all of your available options. When you sell mineral rights or sell royalties, you want to ensure that you get the highest offer possible.
Why you got an Offer from Woodcreek Resources
Many mineral owners are curious about why they received an offer from Woodcreek Resources. Companies like Woodcreek resources send out thousands of letters in the mail to mineral owners. They purchase your information or get your information from county courthouse records. Typically they then send some documentation and offer to purchase your mineral rights. There is nothing unique about your specific property. Their goal is to send letters to a large number of mineral owners and find one who is willing to sell mineral rights.
What to know about an offer from Woodcreek Resources
Once you get an offer in the mail from Woodcreek Resources, there are a few important things you need to know. The first is that there are a lot of companies that use this same technique and you may have received other offers to purchase mineral rights and there’s nothing wrong with this approach. They will send out thousands of letters and hope to find those who are willing to sell mineral rights and they are simply interested in purchasing your mineral rights.
It’s important to know that when you get an offer from Woodcreek Resources, you are working with a single buyer. Why is that important? Because working with a single buyer will not always result in you getting a fair value for your mineral rights. The reason is that when you work with a single buyer, they can tell you that you’re getting a fair price but since no one else is competing against them, how do you know for sure?
Imagine selling your home and only letting one buyer know your home was for sale. Would you expect to get a great offer? Now imagine you list your home on the MLS and thousands of buyers from your city know your property is on the market and they can make an offer to purchase your property. You would obviously get a much better deal! Don’t fall victim to letting a single offer determine how much your mineral rights are worth. You need to get your property in front of all the buyers available!
Alternatives to an Offer from Woodcreek Resources
If you have decided to sell mineral rights or you are considering all your options, you need to maximize the value of selling mineral rights. To do this, we recommend listing your property online with US Mineral Exchange. The reason is that listing your property online gives you exposure to thousands of buyers from all over the country. These buyers will compete to pay the highest price for your mineral rights. This means more money in your pocket!
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.
