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Client Reviews

Reagan, TX

Rated 5 out of 5
May 11, 2023

Eric and his company did a fantastic job throughout my entire selling process. They are very knowledgeable, gracious, and efficient. Eric personally went above and beyond in communication to me and my family and I would recommend him and his company to anyone. I’m incredibly satisfied.

Sean G.

Dimmit, TX

Rated 5 out of 5
May 10, 2023

Worth every penny! I can’t say enough about what a pleasant experience this was, thanks to Eric Winegar. Being completely unfamiliar with how to go about selling our family’s mineral interests, I had no idea where to begin. Then I received a brochure in the mail from Texas Royalty Brokers. It answered many of my questions (as well as some I didn’t know I should have), so I checked out their website. I found a wealth of information there as well, so I filled out their online inquiry form. I quickly heard from Eric, provided a few royalty check stubs, and from there he literally took care of everything else.

Eric explained every step of the process along the way and answered all my rookie questions with the utmost professionalism. His experience and expertise in this industry is invaluable and I could not have imagined an easier process.

Lisa S.

Panola, TX

Rated 5 out of 5
May 4, 2023

Eric Winegar was incredible. He took time to pull together data and explained in great detail the specifics of our mineral interests. We had an offer that could have potentially been a horrible mistake and Eric saved the day! We are so grateful for the time he took to put everything together and explain it to where we could understand it. He is so knowledgeable!

Christi Potts

Panola, TX

Rated 5 out of 5
May 2, 2023

Eric is First class, educational and honest. We had been offered a substantial amount for one of our mineral rights by mail. I was uncomfortable because the amount didn’t add up for me and I reached out to Texas Royalty Brokers for a second opinion. Eric took the time to explain the process, what he thought he might be able to do given the information he had at the time (which was no more than the offer letter I had been provided). I decided to give Eric a shot at the second opinion and sent in all the information required. Eric reviewed the information, did a substantial amount of research and scheduled a conference call.

Eric took the time to explain , with supporting maps and documentation, why selling was a bad idea for us. I learned more in a 30 minute conversation with Eric than I had in the three years since we inherited the royalties. Long story short, he saved us from making a several hundred thousand dollar mistake. He didn’t have to take the time educate us but he did. I highly recommend Eric and his team and will definitely use Eric if the time ever becomes right to sell.

Rick R.

Karnes, TX

Rated 5 out of 5
April 19, 2023

Eric, it was a pleasure working with you! The outcome and timing was precisely as expected and communication was every bit on point. I thank you, my family thanks you! I will keep in touch. Respectfully,

The Trial’s

Theresa T.

Blog Categories

Cost to list at Texas Royalty Brokers

Texas Star Seperator

At Texas Royalty Brokers, we have one goal. To help mineral owners in Texas sell for the highest possible price.

The most important decision you can make when selling mineral rights is picking the right mineral rights broker.  The right broker is going to guide you through the process.  A great mineral rights broker will help you avoid the common mistakes that mineral owners make and help you sell for the highest possible price.

An important part of picking the right mineral rights broker is commission cost.  While mineral buyers will pay the commission, it is ultimately still a cost in the transaction.

At Texas Royalty Brokers we want to be 100% clear and transparent about exactly what it costs to use our service.

Cost to List

Texas Star Seperator

There is no cost to list your mineral rights at Texas Royalty Brokers.  We do not charge any fees at all to list your mineral rights on our platform.

Performance Based Commission

Texas Star Seperator

Our company is set up based on a performance based commission.  What this means is that we don’t make a penny unless we help you get a higher price.

Nearly every mineral owner who lists with us has an offer in hand.  We don’t get paid unless we can help you get a higher price.

At Texas Royalty Brokers, we offer the most competitive commission rate in the industry.   Texas Royalty Brokers is paid a commission based on the total sales price.  The mineral buyer will pay our commission at closing based upon the following scale:

First $2,500,000:                               5%
$2,500,000 to $5,000,000:             4%
$5,000,000+:                                      3%

Example:  If the sale price is $3,000,000, the commission would be:   ($2,500,000 X 5% = $125,000) + ($500,0000 x 4% = $20,000) = $145,000

Keep the following in mind:

  • We nearly always help mineral owners get 10% to 50% higher prices after our commission is taken into account
  • We don’t get paid unless we help you get a higher price than your existing offer
  • Our commission can’t cause you to get less than your existing offer
  • You are never going to be forced to accept an offer when you list with our company

Imagine you were selling a home.  Would a real estate agent allow you to find offers on your own, then agree to only get paid if they can find you a higher price?  Not a chance!

The reason we are able to do this is simple.  Competition.

When you list mineral rights at Texas Royalty Brokers we know that getting your mineral rights in front of thousands of buyers will lead to better prices.  While we get a commission, you’re going to walk away with substantially more money after listing.  Our commission rate is clearly defined in our listing agreement.

Is a Mineral Rights Broker worth it?

Texas Star Seperator

When deciding whether to sell mineral right in Texas on your own or use a broker, the cost to use a broker is often the deciding factor.

A lot of mineral owners fall into the same trap.  They assume that they can easily find offers on their own and get the best price.

Finding offers on high quality properties is easy.  Getting the best price is the hard part.  There are so many mineral owners who sell below market value because they are convinced they can find a good deal.

Most mineral owners have an offer in hand.  When mineral owners list at Texas Royalty Brokers, we typically help them get 10% to 50% higher offers after our commission is taken into account. Competition is key.

More importantly, at Texas Royalty Brokers we don’t get paid a commission unless we can help you find a higher price.  If you have an offer in hand and we can’t find you a higher price, you owe us nothing.  This makes listing at Texas Royalty Brokers a risk free way to ensure you have the best offer in hand.

“Free” Mineral Brokers

Texas Star Seperator

It’s important to understand that any broker or individual who is helping you sell mineral rights is getting paid.  No one does this for free.

If a mineral broker claims they are “free” this simply means they aren’t telling you their commission rate.  This is bad.

When a broker says they are “Free” they will present offers to you net of their commission.  The problem is that their commission could be anything.  Let’s say you have an offer for $4,000/acre.  They find a buyer who will pay $4,250/acre.  Great, you’re making more money!  The issue is that the mineral buyer is actually paying $4,750/acre.  This means the broker just made a 10.5% commission.

This is extremely common in this industry.  Many brokers will claim to be free.  All this allows them to do is hide their commission rate, and then make a much higher commission.

Exclusive Listings

Texas Star Seperator

At Texas Royalty Brokers, our goal is full transparency.

While not a “cost”, it’s important to understand that our company requires exclusivity to list.  This means that our company has the exclusive right to market your property.

Why do we require exclusivity?

There are three important reasons:

1. Quality:  When you list exclusively, it shows mineral buyers that you are serious about selling.  A lot of brokers will list anything.  These low quality listings almost never result in a sale.  Mineral buyers quickly figure out they are wasting time and ignore those brokers. At Texas Royalty Brokers we require exclusivity to ensure you’re serious about selling.  In turn, this gives mineral buyers the confidence to invest time evaluating your ownership and putting together a strong offer.

2. Resources:  Our company spends significant time and resources on each listing.  We don’t just send out an email and hope for the best.  We actively market your mineral rights.  Without exclusivity, we couldn’t commit those resources to your listing.

3. Pricing:  With a focus on high quality listings that appeal to mineral buyers and actively marketing your mineral rights, our company will ensure you sell for the best price.

While we do require exclusivity to list, we only get paid if we find you a higher offer.  You can always accept your original offer and owe us nothing even though we require exclusivity to list.

Questions or concerns?

Texas Star Seperator

If you have questions or concerns about the cost to list at Texas Royalty Brokers, please contact us.

Our goal is full transparency.  If you’re concerned about any of the costs or obligations associated with listing, simply reach out and let us know.  We’ll help clarify any questions you have.

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