Curious about how to sell royalties in Roane County West Virginia? If so, there are many people in your shoes. A lot of royalty owners want to know how much their property is worth and the best way to sell royalties for maximum value. Fortunately, we can help you figure out the answers to these questions. Before you sell royalties in Roane County West Virginia, carefully read the information below. We’ll help you avoid the common mistakes that many royalty owners make when they sell royalties in West Virginia.
How to Value Oil and Gas Royalties
Let’s get the cat out the bag early here! The main question you want to know right now is how much your royalties are worth. We’ll skip the fluff and get right to it! You can expect to get anywhere from 4 years to 6 years times the average amount you receive each month. Use the calculator below to help you quickly estimate the value of oil and gas royalties in Roane County West Virginia. To get the most accurate estimate, we recommend finding the average of the most recent 3 months of check stubs:
Pretty big range right! The value of oil and gas royalties is highly dependent on a number of factors. The value of your royalties will likely fall in the rang listed above. However, for some royalty owners they could get substantially more than the calculator above suggests. The reason is that some properties have additional drilling opportunities. If your mineral rights could be drilled again and more production is available, you could get much higher amount.
How to Sell Royalties for Maximum Value
Now that you have a rough idea of the value of royalties, it’s time to discuss the best way to sell royalties for maximum value. We see a lot of mineral owners make the same mistake. They do a quick google search and find people who buy mineral rights. They submit their information and wait for an offer. They are assured that the offer represents fair market value. Great deal right! Not so fast. Unfortunately, these offers are rarely fair market value. In some cases, they are even flippers who are trying to sell your property to someone else and take a huge cut!
If you want to sell royalties for maximum value, it’s extremely important for you to get the property in front of a large network of buyers. Why? When you sell anything (home, car, etc) you will always get the highest value when the largest number of people know the property is for sale. The reason you get the highest value is because there may be a single buyer (or two) in the group who values the property significantly higher than the rest of the group. You need to find the buyer who an pay the highest possible price for your property. When you get your property in front of a large network of buyers, these buyers know they need to come in with their best possible price since they are competing against other buyers. This means you get offers that represent true fair market value.
It’s for this reason that we recommend listing with US Mineral Exchange. They do not buy mineral rights. In fact, that’s one of the main reasons we recommend them. Most buyers are trying to pay you the least possible. When you list with US Mineral Exchange, they find you the buyer who can pay the highest possible price. If you want to sell for maximum value, listing at US Mineral Exchange will get your property in front of thousands of buyers who will compete for your property.