Companies wanting to buy my mineral rights - GoMarcellusShale.com2024-03-29T10:17:13Zhttps://gomarcellusshale.com/forum/topics/companies-wanting-to-buy-my-mineral-rights?commentId=2274639%3AComment%3A544650&feed=yes&xn_auth=noQuaker city 12000 an acre 600…tag:gomarcellusshale.com,2014-02-12:2274639:Comment:5462332014-02-12T15:47:57.892Zmike jameshttps://gomarcellusshale.com/profile/mikejames
<p>Quaker city 12000 an acre 6000 is a total rip off when people have singed gotten 5000 thousand to lease and turn around and sale for 12000 they get 17000 thousand an acre not really a big deal id say because when the flippers came in and bought for 5k an acre once they acquired enough acres they sold for 14 k an acre. so 17 k an is only 3k more than flippers sold for but the peoples land the flippers sold still get 20 percent or what ever percent royalties plus possibly and additional sing…</p>
<p>Quaker city 12000 an acre 6000 is a total rip off when people have singed gotten 5000 thousand to lease and turn around and sale for 12000 they get 17000 thousand an acre not really a big deal id say because when the flippers came in and bought for 5k an acre once they acquired enough acres they sold for 14 k an acre. so 17 k an is only 3k more than flippers sold for but the peoples land the flippers sold still get 20 percent or what ever percent royalties plus possibly and additional sing on bonus if not drilled in 5 years so with that in mind what really is a good offer to buy your mineral rights out right? food for thought</p> What folks need to realize is…tag:gomarcellusshale.com,2014-02-12:2274639:Comment:5459462014-02-12T00:34:58.502ZToddhttps://gomarcellusshale.com/profile/ToddSmith
<p>What folks need to realize is that most of these mineral buyers are not the real investors. They routinely buy your minerals then turn around and sell them for twice as much to the real investors. To do due diligence and confirm that you have investors with the monetary means takes an attorney anyway. Then it takes an auction type environment to have the real investors compete in order to achieve the best deal. </p>
<p>Mineral real estate 101 - I've recently discovered!</p>
<p>That being…</p>
<p>What folks need to realize is that most of these mineral buyers are not the real investors. They routinely buy your minerals then turn around and sell them for twice as much to the real investors. To do due diligence and confirm that you have investors with the monetary means takes an attorney anyway. Then it takes an auction type environment to have the real investors compete in order to achieve the best deal. </p>
<p>Mineral real estate 101 - I've recently discovered!</p>
<p>That being said, ALWAYS have the deal double and tripled checked by another attorney as well.</p>
<p>Good Luck!</p> (This comment should be befor…tag:gomarcellusshale.com,2014-02-11:2274639:Comment:5457842014-02-11T21:20:59.578Zjetthttps://gomarcellusshale.com/profile/eJett
<p>(This comment should be before Marcus' reply. I amended it because I have had no personal experience with auctioneers.)</p>
<p>Marcus, I like to read your insightful comments. But this is a time I'd like to chime in.</p>
<p>Jeff Rokisky and his office handled our oil/gas leasing and went above and beyond the call of what they were paid. We got a personal, original lease with all of our feasible demands included at an excellent price and gross royalty. We asked for so many protections and had…</p>
<p>(This comment should be before Marcus' reply. I amended it because I have had no personal experience with auctioneers.)</p>
<p>Marcus, I like to read your insightful comments. But this is a time I'd like to chime in.</p>
<p>Jeff Rokisky and his office handled our oil/gas leasing and went above and beyond the call of what they were paid. We got a personal, original lease with all of our feasible demands included at an excellent price and gross royalty. We asked for so many protections and had alot of family members with input. Jeff and David Wilharm (an associate) worked very hard with the Oil/gas company to get what we wanted. We waited almost 3 years to lease due to caution and when they were done we were very pleased with the result. I do realize that selling property is different than making a legal contract. But my point is that they put our welfare and demands as their main concerns and as a result our interests were protected. </p>
<p>I'm not advising anyone to do anything. Just relating what we personally experienced.</p> I appreciate your insight int…tag:gomarcellusshale.com,2014-02-11:2274639:Comment:5458492014-02-11T20:52:26.360Z0i7okn54zwbdohttps://gomarcellusshale.com/xn/detail/u_0i7okn54zwbdo
<p>I appreciate your insight into the matter but frankly I just think 6% is a big number, especially when some folks on here practically lose their minds when a broker or marketer wants 5% to do essentially the same exact thing. I'm not questioning whether or not he's a competent attorney, I'm just objecting to the opportunistic fee. </p>
<p>I appreciate your insight into the matter but frankly I just think 6% is a big number, especially when some folks on here practically lose their minds when a broker or marketer wants 5% to do essentially the same exact thing. I'm not questioning whether or not he's a competent attorney, I'm just objecting to the opportunistic fee. </p> By the way, unless circumstan…tag:gomarcellusshale.com,2014-02-11:2274639:Comment:5454922014-02-11T17:50:08.513Zjetthttps://gomarcellusshale.com/profile/eJett
<p>By the way, unless circumstances demand it, to me the idea of royalty $$$ over the course of time as opposed to $$ right now makes more sense. Though each person's property is their own to keep or sell.</p>
<p>By the way, unless circumstances demand it, to me the idea of royalty $$$ over the course of time as opposed to $$ right now makes more sense. Though each person's property is their own to keep or sell.</p> He's not an auctioneer, he's…tag:gomarcellusshale.com,2014-02-11:2274639:Comment:5452682014-02-11T14:33:24.544Z0i7okn54zwbdohttps://gomarcellusshale.com/xn/detail/u_0i7okn54zwbdo
<p>He's not an auctioneer, he's an attorney. If he wanted to make auctioneer rates then he shouldn't have gone to law school and instead learned how to talk very, very quickly.</p>
<p>He's not an auctioneer, he's an attorney. If he wanted to make auctioneer rates then he shouldn't have gone to law school and instead learned how to talk very, very quickly.</p> Call anyone of a number of au…tag:gomarcellusshale.com,2014-02-10:2274639:Comment:5450762014-02-10T17:57:51.856ZLance Nimmohttps://gomarcellusshale.com/profile/LanceNimmo
<p>Call anyone of a number of auctioneers and see what they are charging.</p>
<p>Call anyone of a number of auctioneers and see what they are charging.</p> It's utter rubbish. On a $1,…tag:gomarcellusshale.com,2014-02-10:2274639:Comment:5448052014-02-10T17:09:02.145Z0i7okn54zwbdohttps://gomarcellusshale.com/xn/detail/u_0i7okn54zwbdo
<p>It's utter rubbish. On a $1,000,000 transaction how can this gentleman justify $60,000? That's five weeks, eight hours a day at $300/hr. for him to put you in front of a buyer whom you could find with a little research on your own. </p>
<p>It's utter rubbish. On a $1,000,000 transaction how can this gentleman justify $60,000? That's five weeks, eight hours a day at $300/hr. for him to put you in front of a buyer whom you could find with a little research on your own. </p> Why, that is a pretty common…tag:gomarcellusshale.com,2014-02-10:2274639:Comment:5450562014-02-10T16:05:01.309ZLance Nimmohttps://gomarcellusshale.com/profile/LanceNimmo
<p>Why, that is a pretty common commission for auction services...</p>
<p>Why, that is a pretty common commission for auction services...</p> "He was taking 6% for his ser…tag:gomarcellusshale.com,2014-02-09:2274639:Comment:5447232014-02-09T05:13:04.367Z0i7okn54zwbdohttps://gomarcellusshale.com/xn/detail/u_0i7okn54zwbdo
<p>"He was taking 6% for his services."</p>
<p></p>
<p>Highway robbery.</p>
<p>"He was taking 6% for his services."</p>
<p></p>
<p>Highway robbery.</p>