First it is important to ask if you are dealing with a direct buyer with cash on hand to close your deal, a broker, someone who may flip your mineral rights to another buyer, or a company that specializes in taking a fee or percentage for adding value to your deal that you would not otherwise have. Legitimacy should mean that the person or company has registered with the State, can deliver on their contracts, has references if needed.
- Hedge Funds or Private Equity Groups: This level of buying is done by an institutional level investment managers that often are managing money for others.
- Mineral Buying Companies: These companies are formed to target mineral rights or oil and gas royalties for investment, may hold those investments, or may be buying to sell them at a later date.
- High Net Worth Individuals: These would be wealthy persons that buy mineral rights, and invest in the oil and gas sector.