If you live in Midland Texas, you’ve probably heard of the neighboring county of Martin. In Martin county Texas, there is significant demand for both mineral rights and royalties in the county. If you happen to be one of the lucky people who own mineral rights in Martin County Texas, the ball is in your court on what to do with your mineral rights. With falling oil prices, many people are wondering about mineral rights value in Martin County Texas.
If you are considering what to do with your mineral rights, this post will help you better understand the decision you have available.
How to Value Mineral Rights
If you are receiving royalty income in Martin County Texas, it’s easy to get a rough idea of the value. As a good rule of thumb, you can anticipate getting somewhere between 4 years to 6 years times the average amount you receive each month. To calculate the value of royalties in Martin County Texas, simply enter the average amount you receive each month in the first box below.
Now if you are NOT currently getting royalty income, your mineral rights still have value. However, the only way to know for sure what they are worth is to put them on the market. Your goal should be to get the property in front of a large group of buyers. Let these buyers compete against one another to pay you the highest price. One of the worst mistakes you can make as a mineral owner is only talking to one or two buyers. If you want the highest mineral rights value in Martin County Texas, make sure you are working with the right people!
How to Maximize Value
If you want to spend your weekends eating at the Wall Street Bar & Grill, you need to make sure that you sell mineral rights in Martin County Texas for the highest possible price. We talk with mineral owners all the time who are curious about selling. They don’t know where to start, what questions to ask, or who to turn to for help. Most importantly, all of these mineral owners just want to make sure they are treated fairly and get a good deal.
If you want to ensure you get a good deal, the only way to successfully do that is by working with the best buyers in the industry. When you work with the best buyers in the industry, they will take care of making sure you are presented with a fair offer for your property. In addition, when you work with the best mineral rights buyers, they know what the real value of your mineral rights are and they aren’t afraid to pay you a fair value.
So how do you find the best buyers for your mineral rights? Simple. When you sell a home you put it on the MLS so that every buyer in the industry knows your property is for sale. With mineral rights, you list your property at US Mineral Exchange. By listing your property at US Mineral Exchange, it alerts the best buyers to the fact your property is available for sale. These buyers will work to get you the highest possible price for your property.