Lea County, New Mexico is one of the top producers in the US. In fact, in late 2019 and early 2020 it was number one in the US. Do you own mineral rights in Lea County? Are you thinking of selling them? If so, you probably have a lot of questions about the value of mineral rights in Lea County New Mexico. Great! You’ve found a home here. We’ll lead you through the information you need to maximize the value of your minerals.
How to Calculate Mineral Values in Lea County New Mexico
While calculating mineral values is not a simple as watching the price of oil go up and down, we can help you with some basic information. It’s important to know the fair market value of your mineral rights before you offer them for sale.
Here’s how to get a basic idea of value of mineral rights in Lea County New Mexico. To get an estimate, you just need the average amount of your last three check stubs. You can use the oil royalty calculator below to help estimate the value:
Please read on!
Two Options for Selling Mineral Rights in Lea County New Mexico
Yourself
Many people decide to sell their minerals themselves. The challenge here is much like trying to sell your home on your own. How do you know you’ll get the best price? How can you present your property to enough buyers to know what the best price is?
And when it does sell, how will you navigate the documents without some help?
Sure, you can Google “Sell Mineral Rights in New Mexico” and find potential buyers eager to buy. Some of their websites are slick and cool, others are pretty basic. How do you know which ones, if any, are legit? Which ones, if any, will offer you the best price, the fair market price, for your minerals?
Warning: Taking this route, you’re almost guaranteed to get a poor offer. Most of these buyers know they’re offering less than market rate and will push you to settle quickly before you find out the truth.
Get Expert Help to determine the value of mineral rights in Lea County New Mexico
When you buy or sell a house, you go through a Realtor®, right? You get the marketing help and the transaction help you need. You can make sure you get the best price by letting them market your home to the widest audience.
It’s very similar with getting the best value for your Lea County, NM minerals. Here are the top reasons to work with an expert.
You’ll Get the Best Value for your interests in Lea County New Mexico
This is by far the most important reason. Individual sellers rarely find more than about 1% of the possible buyers. That’s a guarantee of getting a rock bottom price.
An expert, on the other hand, will reach out to thousands of buyers very quickly. Those wide connections assure you that the buyer with the best offer will rise to the top. That’s the nature of free market competition. This competition is absolutely critical when you are looking to determine the value of mineral rights in lea County New Mexico.
You’ll Find Quality Buyers
By using the right expert you’ll avoid being taken advantage of. Unfortunately, unscrupulous buyers exist and they are just there to take advantage of people—people who don’t deal in minerals every day and don’t know the pitfalls. Some people are not buyers at all. They’ll get you to sign a contract, then peddle that to the highest bidder—getting the extra money that should’ve been yours.
A reputable expert will weed out all that, sharing your property only with vetted buyers who are offering you an honest deal.
You’ll Sell Quickly
Sure, a Google search will find 53 million results in 0.97 seconds (literally!). The problem is, while it may be fast, you may fall prey to all the pitfalls we’ve mentioned earlier.
A trusted expert has the connections and the experience to quickly get your mineral interests sold to a legitimate, high bidder.
You’ll Find Convenience
How much time do you want to spend learning all the ins and outs of a mineral rights transaction? Working with a trusted expert lets you bypass all the learning, the worry and the concern about getting the best price.
You’ll Sell What You Intended to Sell at the Price You Intended
Had you thought how the deal works once you’ve agreed on a price? Selling on your own exposes you to misunderstanding the deal structure and ultimately could cost you serious dollars in the end. Selling mineral rights is complicated so you have to understand all aspects of the deal and price offered. A trusted expert will not only get you the highest price, but they will also walk you through the entire process from start to finish. This to ensure you there are not any unexpected surprise. Finding out at closing you made a mistake is the worst. This can be avoided!
We Recommend
Our recommendation when you want to sell oil and gas minerals and royalties in Lea County, NM, is to work with US Mineral Exchange. Since 2012, this company has helped seller after seller get the best prices for their minerals. They’ve also guided those sellers safely through the entire process. A simple peek at their google reviews and you will get a good glimpse of why you should contact them for help.
US Mineral Exchange is exactly the trusted expert to help you get the best price for your minerals.
Have additional questions? Let us know by filling out the free consultation below.
