If you have received and offer to sell royalties in West Virginia, it’s important that you carefully consider the offer. Many times when you receive an offer to sell royalties, the offer does not represent market value. The first question you should ask yourself when presented with an offer to sell royalties in West Virginia is whether the offer represents the true market value.
How to determine fair market value for selling royalties
If you are considering selling your royalties, it’s important that you determine the true market value for those royalties. You have monthly income coming in and by selling them you are giving up all future right to this income. You want to ensure that when you do go to sell your West Virginia royalties, you are getting the maximum amount of money possible. So how do you get the maximum value possible?
When selling royalties, the most important thing you need to do is get your royalties in front of as many buyers as possible. The reason this matter is because when there are multiple buyers who know about your property, they will compete to pay you the highest price. If you receive an offer to sell royalties in West Virginia and you accept the first offer you get, how do you know you got the best possible price? You need to get your property out to multiple buyers and see what the market is willing to pay. This will get you the best possible price for selling royalties.
How to Sell Royalties in West Virginia
Once you have received an offer to sell royalties in West Virginia, you should find out what other buyers are willing to pay. We strongly recommend that you list your property with US Mineral Exchange. By listing your property online with US Mineral Exchange, thousands of buyers from all over the country will have access to view your royalties for sale and present offers. You can then take the offers you receive from US Mineral Exchange and compare that again your original offer. We find that many royalty owners receive significantly higher offers by listing with US Mineral Exchange than they can find on their own.
As an example, we spoke with one mineral owner who received an offer of $24,000 for her royalties. After listing her property online with US Mineral Exchange, this mineral owner was able to receive a total of $43,000 for her royalties. That’s nearly double the amount of the offer the mineral owner found on their own.
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.
