Living in a world of remote work and online meetings, it seems we can handle everything from our homes. And that includes our financial investments. Need to sell shares and buy stocks? Go online and make a quick transaction.
Want to review the current state of the oil and gas market? Download a specialized app to your phone and go ahead. Managing your mineral rights in Texas from states away, like California, can be a breeze. But when it’s time to consider who buys mineral rights in Texas, you’ll need to know how a real expert does business.
If you want to sell your mineral royalties, understand that there are hundreds of online scammers ready to take advantage of that opportunity. And these criminals do a pretty good job of sounding like ‘legit’ buyers. They will try to speak the language of the oil and gas industry. And the contracts you receive from them mimic the industry jargon. If you become ensnared while working with a scammer, you can sign away your rights and receive a bounced check for your efforts.
Here are some signs a scammer is trying to steal your mineral rights;
- They’ll reach out via a phishing email and wait to see if you bite. And please, don’t click on any links!
- You research their website to learn more, and it’s rather mysterious. There’s no physical address, and the content is vague, not really adding up to anything.
- The scammer sends a very big, quick offer and gives you a 48-hour deadline to accept, or it’s off the table.
- You receive an unsolicited check – don’t deposit it!
- They request a check from you for ‘closing costs.’
You receive a deed that claims they are only buying ‘royalties,’ but the paperwork is really designed to transfer your entire mineral estate to them.
A real professional who buys mineral rights in Texas doesn’t behave like this. They take the time to understand you and what you own. There is research involved, and no pressure tactics are used.
Selling your mineral royalties can be easy and safe online
If you live in states like Minnesota, Washington, or California, it’s still possible to use online tools to sell your mineral rights safely. If you are here, you are already on our website. We welcome you to look around and review our process. As local experts in Texas mineral rights, we understand local market conditions, title issues, and valuation factors. And everything is taken into account before we make a solid offer to buy your mineral rights and royalties. And yes, our three-step process to purchase your rights is easy and quick, but there’s no pressure to accept. And you never pay out-of-pocket expenses like the title costs, filing fees, and other closing costs. We live in an online world, and you should be able to make any transaction safely and easily. The key is to educate yourself on how a real professional buys mineral rights in Texas.