sellers

Buyers

New Listing Notifications

To receive notifications regarding new listings that are activated on our website, please enter your email address below.


 

Client Reviews

Howard, TX

Rated 5 out of 5
January 3, 2023

The team at Texas Royalty Brokers were so easy to work with. They made what sounds like a very confusing process, clear and straightforward. They were incredibly responsive and kind people to work with. I definitely recommend their services!

Bridget Z.

Tarrant, TX

Rated 5 out of 5
December 15, 2022

A great and straightforward experience. They answered all questions and made the process quick and easy. I highly recommend their services.

Robert S.

Howard, TX

Rated 5 out of 5
December 2, 2022

I engaged Texas Royalty Brokers to market my mineral interest after I received an unsolicited offer. They got me almost 2x the original offer, and they were professional and transparent through the entire process. Definitely plan to use them again.

Christopher W.

Karnes, TX

Rated 5 out of 5
November 1, 2022

After several months of researching the process of selling mineral rights, as well as researching several land/mineral brokers, I filled out the contact form for Texas Royalty Brokers. I received a reply from Eric Winegar almost immediately. From the start, Eric was easy to work with and I always felt that he was truly working with my best in mind. Throughout our numerous emails and phone calls, he was always courteous and professional and answered every question I asked. Some more than once! I was provided with all the drilling maps and financial information he used to determine the listing price and future drilling potential.

Once I accepted an offer, he handled all of the paperwork and walked me through every part of the process. And, when we ran into a snag (which he had prepared me to expect) and I started to question my decision to sell, he was so respectful of my indecision and provided me with all the information I needed to reassure myself that I was making the right decision. I can’t thank him enough. I wouldn’t hesitate to recommend Texas Royalty Brokers to anyone interested in selling their mineral interests.

Jann R.

Howard, TX

Rated 5 out of 5
September 19, 2022

16 years after inheriting Howard County mineral rights, and recently receiving increasing unsolicited purchase offers, we made the decision to sell. After thoroughly researching brokerage firms we decided to contact Texas Royalty Brokers which was a highly beneficial move. Eric could not have been easier to work with and we felt a strong fiduciary relationship throughout the entire process. Numerous phone calls and discussions were handled in a prompt, professional manner with precise explanations and valuable information offered, all delivered in a stress free environment. We feel that Eric went above and beyond our expectations and was a significant factor in our successful sell. We highly recommend Texas Royalty Brokers and Eric Winegar and would not hesitate to work with them in any future endeavors.

Traci D.

Blog Categories

Closing Process

Our closing process is designed to protect both the mineral buyer and mineral owner.

To learn more about how we close transactions please see the closing steps below.  If you have any questions or concerns about this closing process please let us know before you submit a bid.

Closing Steps

Once the due diligence process is completed and you are ready to move forward with closing, here are the next steps:

1. Mineral Deed:  Please provide us with a copy of the mineral deed in Word format.  We will review the deed and request adjustments if necessary.

2. Mineral Owner Signature:  We will send the final mineral deed to the mineral owner for signature.  The mineral owner will sign and notarize the deed and return the deed to Texas Royalty Brokers.  We hold the deed as a form of escrow.  This protects both the mineral buyer and mineral owner.    Once we receive the original signed and notarized deed, we will provide you with a scanned copy to verify.

3. Wire Transfers:  At closing, all payments should be made via wire transfer.  When the scanned copy of the mineral deed is provided, we will also provide you with wiring instructions for the mineral owner as well as Texas Royalty Brokers.  Payment should be made 95% to the mineral owner and 5% to Texas Royalty Brokers unless otherwise agreed.  We will hold the mineral deed until both the mineral owner and Texas Royalty Brokers have confirmed receipt of funds.

4. Overnight Mineral Deed:  Once both wire payments have been confirmed, Texas Royalty Brokers will send the mineral deed via overnight UPS or FedEx at our expense within 2 business days.   We will not send the mineral deed the same day that funds are received.  We will send the deed in the next 2 business days.  Over 99% of the time we will send the deed the next business day and we will make every effort to send the deed as quickly as possible.  However, we do not send mineral deeds out the day funds are received.  You may digitally record the deed prior to receiving the original if the county offers this service.

Once the deeds have been sent it is up to the buyer to record the mineral deed at their expense.  In addition, it also the buyers responsibility to notify the appraisal district of the ownership change for property tax purposes.

Contact Us