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

Borden & Dawson, TX

Rated 5.0 out of 5
December 2, 2023

I am convinced working with Texas Royalty Brokers resulted in maximizing the amount I sold my mineral interests for. They were engaged and responsive throughout the sale process, willing to discuss any concerns or requests, and also provided sound advice based on their past experience. If I ever consider selling additional minerals in the future, Texas Royalty Brokers will be my first choice to market them.

Bill L.

Martin, TX

Rated 5.0 out of 5
October 26, 2023

Eric W. was extremely helpful and patient with all the questions we had. Once we decided to sell, he guided us through the process, which was quick and seamless. We’re very satisfied with our outcome. Highly recommend this group if you are looking to sell your mineral rights.

Annalisa C.

Howard, TX

Rated 5.0 out of 5
August 15, 2023

Recently, I inherited some mineral rights and soon began receiving offers in the mail. Being new to the whole process, I was quite unsure about the best steps forward. After conducting some research, I decided to list the rights with Texas Royalty Brokers, and it was the best decision I made! The team provided me with comprehensive knowledge about the market, ensuring I had all the data in front of me to make an informed decision. Not only were they professional and thorough, but also transparent in all our dealings. The result? The offers I got through Texas Royalty Brokers were substantially higher than any of those I received in the mail. For anyone navigating the complex world of mineral rights, I can’t recommend Texas Royalty Brokers enough. Their expertise and commitment to clients are unmatched. The outcome speaks for itself. Thank you, Texas Royalty Brokers, for making this experience smooth and profitable!

Alexis H.

Reeves, TX

Rated 5.0 out of 5
July 17, 2023

Texas Royalty Brokers truly understood the value of my minerals and worked tirelessly to secure a deal that left me pleasantly surprised. They kept me informed throughout the process, with no confusing jargon or hidden agendas. Just honest and straightforward communication.

Albert K.

Reagan, TX

Rated 5.0 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.

Blog Categories

Offer Process

Texas Star Seperator

Before you submit an offer on a listing, please carefully read the information below.  We only accept bids from qualified buyers.

Please note that all bids submitted at non-binding until you put a property under contract with the mineral owner.

Please do not submit bids directly to the mineral owner.   All listings are exclusive and all bids should be submitted to Texas Royalty Brokers.

How to make an Offer?

Texas Star Seperator

To make an offer, simply review the mineral rights for sale.  At the bottom of each listing is a contact form.  You can submit your bid via the contact form.

Please verify that you are a qualified buyer when submitting a bid. To determine whether you are a qualified buyer, please see below.

Qualified Buyer

Texas Star Seperator

Our goal in each transaction is simple.

We want match a qualified buyer who is serious about making a purchase with a qualified seller who is serious about moving forward with a sale.

We DO NOT work with brokers, flippers, or option contract buyers.

When presenting an offer, we need to verify that you are a qualified buyer.  There are three ways to verify your status as a qualified buyer:

1. Qualified Buyer Agreement:  The easiest and most convenient way to become a qualified buyer on our platform is to sign our qualified buyer agreement.  When you sign this agreement, it applies to all listings on our platform for any offer you submit.  The contract only needs to be signed once and remains in effect until cancelled in writing.  The qualified buyer agreement includes a 2.5% penalty if you fail to follow through after a PSA is signed.  There is an exception allowed if title fails by more than 10% and a title report is provided to prove the title failure.  Other terms and conditions apply.

2. Deposit:  Prior to placing a property under contract you can put a $5,000 deposit down.  This deposit is payable to Texas Royalty Brokers and will be held until the transaction is completed.  This $5,000 deposit will be credited toward the commission owed, or partially refunded if the amount exceeds the commission owed.  The deposit is only refundable if title fails by more than 10% and a title report is provided to prove the title failure.

3. 14 Day Close:  If you can close on a transaction within 14 days, we do not require a qualified buyer agreement or a deposit.  Please note that your contract must clearly state a 14 day (or less) close with no extensions allowed unless at the sole direction of the seller.

Important: If your due diligence period is over 14 days, you must sign the qualified buyer agreement or make a deposit before the seller fully executes a PSA.

Purchase and Sale Agreement

Texas Star Seperator

The winning buyer will be required to provide their own purchase and sale agreement or letter of intent.  While this agreement varies from buyer to buyer, there are a few requirements we have:

Offer Amount and Terms:  The offer amount and terms must be clearly stated.  If you are making an offer based on a 25% royalty at a certain price per acre, this must be clearly defined.  The total amount of acres assumed to be owned must be clearly defined.  If the offer is based upon the revenue interest listed on the check stubs, this must be defined.

Adjustments:  You may adjust the purchase price at closing, but any adjustments must be clearly stated in the contract.  These adjustments must also be proportionate so they do not favor either buyer or seller. For example, if more or less acres are owned, the price may adjust accordingly up or down based on what title shows.

Due Diligence and Extensions:  The amount of time you have to complete title/due diligence must be clearly stated.  Any extensions to the due diligence period due to title issues must be mutually agreeable to the parties.  You cannot use “title issues” as a blanket reason to extend your due diligence period without proving to the mineral owner what the issue is and how it will be resolved.  If your due diligence period is more than 30 days, it is highly likely your offer will be rejected in favor of another offer with a shorter due diligence.

Commission:  The total purchase price being paid should be listed, with 95% being paid to the seller and 5% being paid to Texas Royalty Brokers.

Important:  When you provide your purchase and sale agreement, IT MUST BE SIGNED.  Mineral buyers add time to contracts by simply holding a half signed contract for days until counter signing.   You must send us your signed PSA before we will present it to the seller.

Mineral Deed

Texas Star Seperator

The mineral buyer is required to provide a mineral deed for closing.  Below are our requirements for the mineral deed:

Legal Description:  The legal description must match what is being sold.  You cannot send us a blanket legal description that covers an entire county or entire section.  It needs to be specific to the mineral rights being sold.

Net Mineral Acres:  If you are purchasing on the basis of net mineral acres owned, the deed should specify the number of net mineral acres being purchased.

We would prefer that buyers provide an example deed at the time they provide the PSA to avoid any last minute issues, but the deed is not required until after the due diligence period is complete and you are ready to move forward with closing.

Contact Us