You sent us your documentation, signed the listing agreement, and our team setup and activated your listing. Now what?
Our team will immediately get to work actively marketing your mineral rights for sale. We’ll be researching mineral buyers in the area, making phone calls, sending emails, and working hard to generate as much demand as possible for your mineral rights.
We do not accept offers for approximately 7 to 10 days after listing. Why?
This gives buyers an equal opportunity to review and analyze your property. If we began immediately accepting offers, it would exclude certain buyers who haven’t had a chance to review or need more time for analysis. Giving buyers adequate time is an important part of the process. This ensures a fair and transparent process for all mineral buyers.
Once your listing moves into the accepting offers phase, we’ll begin collecting those offers and verifying their legitimacy. We’ll be in constant communication with you to discuss the offers, how to counter, and work hard to negotiate the best possible price.
Note: Texas Royalty Brokers will handle all communication and negotiation with mineral buyers.
Approximately 10 to 14 days after listing activation, most listings have a verbally agreed price.
Skipping over all the steps listed below, the total time it takes to complete the process from listing activation to closing is approximately 1.5 months from start to finish. In some cases deals can close in 1 month and in some cases it can take longer depending on the demand / starting bid prices.