Every step, every document, and every place sellers get hurt. Written by a buyer who would rather you know all of it.
Everything starts with identification: your counties, legal descriptions, net mineral acres, and whether your interest is producing. Gather what you have: royalty check stubs, division orders, deeds, probate papers, or lease copies. If your records are thin, a buyer or landman can reconstruct your ownership from county records. We do this free.
If you want to do it yourself, our calculators will take you from a legal description and fraction to net mineral acres, and from lease terms to your expected decimal.
Producing royalties are priced off cash flow and decline; non-producing minerals off location and activity. Read how mineral valuation works for the real math. The short version: get a valuation that shows its work, not just a number. County averages and rules of thumb are where sellers lose money.
Selling is right for some situations and wrong for others. We keep an honest list of when not to sell. If you are working from an unsolicited mailer, read what that letter really means first.
You can sell to an end buyer who holds for their own account, list with a broker who markets your interest for a commission, or respond to whoever mailed you. Each has tradeoffs, and our ten-question buyer checklist works on all of them. Whoever you talk to, ask the questions in our offer-letter guide: how did you get the number, are you flipping this, who pays costs, what happens on title problems. Get everything in writing. Whether to involve an attorney is your call: we have made the case that with a transparent buyer you may not need the middleman, but nothing about our process penalizes you for bringing one.
A clean PSA states the price, describes the interest, sets the closing timeline, says who pays costs (with us: we do), and addresses how prior-period royalties are handled. Watch for long option or due-diligence periods that tie up your minerals, assignment clauses that let the buyer flip your contract, and price-adjustment language that invites renegotiation after you have committed.
The buyer verifies your ownership in the county records. If probates or heirship issues surface, a serious buyer cures them as part of the deal; we do, at our cost. At closing you sign a mineral deed, it is recorded with the county clerk, and you are paid, by wire or check as you prefer. With us, the offer you accepted is the amount you receive; most closings fund within 30 days of signing.
The buyer records the deed and notifies operators; division orders transfer the decimal. Keep your closing set for taxes. Proceeds are generally capital gains, and inherited minerals often carry a stepped-up basis that shrinks the taxable gain substantially. Confirm your specifics with your CPA.
Know what you own, get a valuation that shows its work, take your time, put everything in writing, and sell only when the trade serves your life. When you are ready for a real number, ours is free, or call or text 918-984-1645.
Free, no obligation, and no pressure. Send whatever you have, even just the county name, and we reply within one business day.
Get a Free Valuation or call or text 918-984-1645