FAQ- Frequently Asked Questions
How can the mineral advocate help me?
Does this situation ring a bell? You receive a call or a letter expressing interest in buying or leasing your minerals. The offer may seem appealing, but questions linger – what insights does the buyer possess that you don't? Are there new permits in your area? Is there money in suspense that the buyer aims to capitalize on? It's your right to scrutinize the intentions of these potential buyers, as there's always a motive behind their interest in your minerals. In reality, a significant portion of these inquiries comes from what we call "Flippers" – companies that purchase or lease your interests below market value and swiftly flip them to an end buyer for profit. Then, there's the classic 'bait and switch' offer letter, promising payments 'up to $30,000 per acre.' While these buyers rarely fulfill such promises, once you express interest in selling, they may exert pressure to settle for a considerably lower amount. At The Mineral Advocate, we understand the tactics these companies employ to capitalize on unsuspecting mineral owners, and we're here to stand up for you. We sift through these companies aiming to profit from your minerals and ensure that the money rightfully goes into YOUR pocket, where it belongs. Why should I work with The Mineral Advocate instead of the ‘other guys’?
We're committed solely to you, with no conflicts of interest. Don't be misled by imitators. Some companies may claim to offer similar services, but some of them also own mineral-buying companies. How can a company genuinely represent your best interests if they're part of the mineral buying business? Moreover, can you be sure they're securing you the best price when they don't charge for their services?These are critical questions to consider. If a company is involved in mineral buying, how do you know they're not presenting purchase offers from their private company or those they are connected with? The Mineral Advocate was founded by a former in-house landman who grew weary of mineral owners being taken advantage of. We don't engage in buying minerals on the side. Our singular focus is assisting mineral owners in getting the best possible price for their minerals – plain and simple. What are my minerals worth?
This is a question we encounter frequently. The worth of your minerals hinges on several factors, including the location, royalty amount, whether they are producing or non-producing, leased or unleased, recent permits, and various other considerations. Much like selling a home, the process involves marketing your minerals effectively. At The Mineral Advocate, we actively market your minerals to end buyers and operators in your area. The resulting offers provide a clear indication of the current market value. However, it's essential to note that the oil and gas market is subject to fluctuations. What your minerals are worth today could significantly differ six months from now, both lower and higher. While we don't possess a crystal ball to predict the future, our commitment is to secure the best price for you in today's market. Am I obligated to accept any offer The Mineral Advocate negotiates for me?
In short, no. At The Mineral Advocate, we will never pressure you into accepting an offer. We recognize that deciding to sell your minerals is a deeply personal choice for you and your family. If you've chosen to sell but want assurance that you're securing the best possible price, The Mineral Advocate is the ally you need by your side. How much does The Mineral Advocate charge for representation?
It's important to note that we don't earn a cent unless we secure you a better deal than your existing valid offer. If, with our assistance, you don't end up with an improved deal, why would we charge you for our services? We wouldn't. Our commitment is to ensure you receive more than what's been offered to you. We operate on a commission basis, meaning the more money you make, the more we make. This approach ensures a fair and conflict-free process. Charging for our services is crucial for transparency – it would be challenging for mineral owners to ascertain the quality of an offer if a company doesn't charge for its services. On average, our clients secure 50% more money than their current offers. In essence, The Mineral Advocate has consistently helped owners across the U.S. attain more substantial returns for their minerals. Period. I am ready to have The Mineral Advocate on my side. What’s next?
Welcome to our family! The subsequent step involves a representation agreement, granting us the authority to act on your behalf. Once this agreement is signed, we dive into action. Our process includes thorough research of your area, identifying end buyers and operators, tracking recent activities, and engaging with qualified buyers. We then present you with the offers, and you have the final say. Upon reaching a deal, we take care of all the necessary paperwork and facilitate direct payment to you. Rest assured, we'll be by your side throughout every phase of the process. Still have questions?
If you still have questions, feel free to reach out! Contact us today at 855-Landmen (526-3636) or via email at [email protected]. We're here to assist you. |