Are you curious about royalties value in Jefferson County Pennsylvania? There are over 5,000 active wells in Jefferson County Pennsylvania. If you’re one of the people collecting oil and gas royalties checks each month from production, you may be wondering how much it’s worth. Many royalty owners are curious about the value because they are considering whether to sell royalties in Pennsylvania. If you want to know more about royalties value in Jefferson County Pennsylvania, this article will help you quickly calculate the value!
How to Calculate Royalties Value
Unlike non-producing mineral rights which are difficult to value, producing royalties are actually pretty simple to value. Why? There is a lot of demand for royalties so you can get a rough estimate of the value by looking at how much buyers typically pay. On average, you can expect to get anywhere from 4 months to 6 months times the average amount you receive each month from you royalties.
To calculate how much your Jefferson County Pennsylvania royalties are worth, enter the average amount you receive each month in the first box below:
Pretty simple see the royalties value in Jefferson County Pennsylvania right? The best part is that you royalties could actually be worth even MORE than the top end of the estimate above. Why? There are a number of different factors that affect how much a buyer will pay for royalties. If there is a chance for future drilling or extra production, a buyer might pay a nice premium for your property. However, you won’t know for sure until you get your property on the market and see what royalty buyers in Pennsylvania are willing to pay.
How to Sell Royalties
It wasn’t long ago that we heard from a mineral owner who had an offer in hand to sell royalties in Jefferson County Pennsylvania. They were receiving about $1,000/month on average and had an offer for $42,000. We asked them how many buyers had made and offer and they replied, “we only spoke with 2 buyers and the best offer we got was $42,000”.
We quickly explained that when you only show 1 or 2 buyers your property, you’re unlikely to get the best possible value. We recommended they hold onto the offer in hand, but list the property with US Mineral Exchange and see what other offers came in. We got a call back about 2 weeks later and the owner had received a total of 7 offers, the highest being $64,000.
We relay this story because it’s an important lesson on how NOT to sell royalties in Pennsylvania. Had this royalty owner simply accepted the $42,000 offer, they would have left over $22,000 on the table! That’s a lot of money! If you want to get the highest possible value, you absolutely must get the property in front of a large group of buyers. There’s no better way to do that than through US Mineral Exchange which is why we recommend their service.
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.
