Need to sell oil and gas royalties in Loving County Texas? If so, we can help! Before you sell royalties it’s important to consider all your options. When you sell royalties it’s the last chance you have to make any income from the property. Your goal should be to maximize the value when you sell oil and gas royalties in Loving County Texas. Before you go down the road to sell royalties it’s important to know what the value is.
How to value Oil and Gas Royalties
To sell oil and gas royalties in Loving County Texas it helps to have a rough idea of the value. When you know approximately what they are worth it will prevent you from accepting a below market offer. The market value of oil and gas royalties in Loving County Texas is approximately 4 years to 6 years of production. This means that you can simply take the average amount you receive each month and then multiply it by 4 to 6 years.
To see how much your royalties are worth, enter the average amount you receive each month in box 1 below:
There it is! That is approximately what you can expect when you sell oil and gas royalties in Loving County Texas. However, it’s important that you maximize the value when you sell oil and gas royalties in Loving County Texas.
How to Maximize Value
To maximize value when you sell royalties you need to get your property in front of a lot of buyers. Imagine you are selling your home. Do you want to stick a sign in the front yard and hope that one of the few cars that passes by is a buyer? Wouldn’t it make more sense to list your home on the MLS which allows your home to be seen online by thousands of buyers? Many mineral owners make the mistake of talking to a couple buyers and getting a couple offers. They incorrectly assume that the amount of the offers is fair and sell far below market value.
To get maximum value when you sell oil and gas royalties in Loving County Texas we recommend listing your property online. The best place to list your property is at US Mineral Exchange. When you list your property online it gives your property exposure to thousands of buyers. Each buyer will then be able to place a bid on your property. This exposure creates competition among buyers and allows you to get the maximum possible value.