My cousins and I have inherited fractions of the royalty interest on 160 acres of land. Does the value increase if some of us get together to sell our interests to the same buyer?
Regina,
My opinion would be, putting your interests together would increase the value, but minimally. Buyers prefer larger interests in tracts than miniscule interests and the costs associated with the purchase would be less.
Good luck
Definitely. the savings in transaction costs to the buyers is significant but moreover, the attention the combined mineral rights may get may put it into a higher price level and better deals with the risk taking working interest types.
The sum received will be grater than the sum of the individual parts.
Gary L Hutchinson
Hi Gary,
Thanks for your response.
Re:
"and better deals with the risk taking working interest types. "
Could you explain that a bit?