# Any experience with auctions?
**URL:** https://www.mineralrightsforum.com/t/any-experience-with-auctions/78233
**Category:** General Mineral Rights Discussion
**Created:** [November 12, 2024, 11:12pm UTC](https://www.mineralrightsforum.com/t/any-experience-with-auctions/78233 "2024-11-12T23:12:36Z")
**Posts on this page:** 5
**Page:** 1
### Author:  [@ND\_Native](https://www.mineralrightsforum.com/u/ND_Native)
#### Post date: [November 12, 2024, 11:12pm UTC](https://www.mineralrightsforum.com/t/any-experience-with-auctions/78233/1 "2024-11-12T23:12:36Z")
Does anyone have any experience with auctioning their mineral rights? I’m considering this option and would appreciate any input.
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### Author:  [@Bob77](https://www.mineralrightsforum.com/u/Bob77)
#### Post date: [November 13, 2024, 8:04pm UTC](https://www.mineralrightsforum.com/t/any-experience-with-auctions/78233/2 "2024-11-13T20:04:56Z")
How many acres do you own and what’s the monthly income? Have you been contacted by mineral companies in the last few months? I believe most of the auction sites take 10% of the deal. If it were me, I’d just see who’s buying in the area and reach out to them instead of giving up 10% of the deal, but to each their own.
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### Author:  [@KyndallLeone](https://www.mineralrightsforum.com/u/KyndallLeone)
#### Post date: [November 13, 2024, 11:26pm UTC](https://www.mineralrightsforum.com/t/any-experience-with-auctions/78233/3 "2024-11-13T23:26:16Z")
It is a more hands-off - quicker and easier - option, but you will be leaving money on the table. If you have a mixed bag of assets (more and less desirable) make sure they sell it as one piece, otherwise you may be left with assets that are hard to sell with a high administrative burden.
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### Author:  [@tim\_dowd](https://www.mineralrightsforum.com/u/tim_dowd)
#### Post date: [November 18, 2024, 6:53pm UTC](https://www.mineralrightsforum.com/t/any-experience-with-auctions/78233/4 "2024-11-18T18:53:54Z")
My experience differs some from Kyndall’s. I have seen auctions to be valuable to sellers where:
1. It is a money-losing working interest (people actually buy these);
2. It is acreage that is not desirable and no one else is interested in it; and
3. Overriding royalty interest tend to go really high.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [February 10, 2025, 11:12pm UTC](https://www.mineralrightsforum.com/t/any-experience-with-auctions/78233/5 "2025-02-10T23:12:41Z")
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