Have you received an offer from Rearden Minerals LLC? Are you wondering what steps you should take if an offer letter has been received?
Recently, our reader audience has asked us questions about offers received from Rearden Minerals LLC so we wanted to provide our thoughts on how to handle mail offers from Rearden and in general.
What we have experienced about mail order offers
First, we should start out by stating that we are not familiar with Rearden Minerals or their leadership team, only that we have been contacted by our readers with questions about recently received offers. With that said, if you are in the market for selling mineral rights and royalties, we believe that all offers should be considered and all alternatives measured, and in this case you already have one offer in hand. A good start.
Lets talk about the offer.
The obvious good news is that someone has contacted you about your property. Meaning that a company believes your minerals have value and are willing to pay you for them. This is good news if you are looking to sell. However, savvy mineral rights owners will evaluate all offers received, solicit new offers and confirm that any company making an offer will put it in writing. The offer you have in hand may be the highest offer you will receive from the sale of your mineral rights, but we suggest you spend some time to make sure it is. Here are our suggestions for managing an offer from Rearden Minerals LLC.
Steps to take after receiving an offer from Rearden Minerals LLC
- Step one – Contact Rearden Minerals LLC directly, confirm the offer and negotiate for a higher price.
- Step two – Ask Rearden Minerals LLC for a formal offer in writing but do not sign anything until you understand the document you have been provided. We can help if you have questions.
- Step three – Contact other companies purchasing mineral rights in the Bakken/Three Forks Play to ensure that the offer from Rearden Minerals LLC is the best offer you will receive. Please do not skip this part. You will sleep better at night knowing that you did your best to get the highest amount possible.
Where many of our readers stumble is on Step three. It is painstaking and sometimes very difficult to find other companies looking to purchase mineral rights in your area. This is why we recommend US Mineral Exchange. US Mineral Exchange provides mineral owners with both an online listing platform or private placement options and can get your property in front of a large audience of mineral buyers looking to purchase in your area. Consider reaching out to them for assistance.
