Greenstar is continually seeking opportunities in real estate and oil & gas interests. Once you decide to sell to us, we're equipped to move swiftly to complete the transaction process. One of the key advantages of selling to Greenstar is that all expenses associated with the transaction are covered by us.

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Typically, if your title is clear, the process can be finalized in a matter of days. However, if you own multiple tracts or sections of property, additional due diligence may be required on our part to ensure a thorough and accurate assessment of the transaction.

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Stage 1: Send Us a Request for a Proposal to Purchase

If you're interested in receiving a proposal to purchase either a portion or all of your property or mineral interest, please fill out the following form:

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For farms and vacant land properties:

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• Total acreage

• Presence of water such as ponds or creeks

• Any revenue generation from croplands

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For oil and gas properties:

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• Provide a copy of your most recent check stub, if available, for producing royalties

• If your oil and gas property is non-producing, provide the total number of acres, if known, and indicate if it is subject to an existing oil and gas lease.

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Once we receive this information, we'll be able to assess your property or mineral interest and provide you with a proposal promptly.

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Stage 2: Valuation

After a brief review of the information you provide, we'll initiate the evaluation process for your property. Depending on the complexity of the asset and the information available, we may request additional details to accurately calculate its value.

It's important to recognize that every asset, whether it's related to oil and gas, surface rights, or farms, is unique.

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Consequently, the time required for the valuation process will vary accordingly. While we strive to deliver a proposal within a few business days, valuing a portfolio of multiple interests may take longer due to the additional complexities involved.

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Rest assured, we're committed to conducting a thorough evaluation to ensure that the proposal we provide reflects the true value of your asset.

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For more information on how we determine prices, see our Valuation page. 

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Stage 3: We Send Our Proposal to Purchase to You

Once our valuation process is complete, we'll send you a proposal detailing our offer for your property or mineral interest. It's important to note that this proposal carries no obligation, and you're free to decide whether to proceed with the sale or not. We understand that selling your asset is a significant decision, and we respect your right to make an informed choice that aligns with your goals and priorities.

 

Stage 4: Settle on the Terms
If you choose to accept our verbal proposal, the next step involves formalizing the terms of the transaction through a Proposal to Purchase Letter. This document will outline key details such as the price, closing date, effective date, form of payment, and the respective responsibilities of both parties involved.

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Our aim is to simplify the process for you, our client, so we strive to keep the letter agreement as clear and concise as possible, typically spanning no more than 1 or 2 pages. In rare cases where the transaction involves many properties or complex arrangements, more detailed agreements may be necessary to ensure clarity and transparency for all parties concerned.

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Stage 5: Examination of Title

After both parties have accepted the Proposal to Purchase, Greenstar will initiate a title examination to confirm that you hold clear and marketable title to your asset. This examination ensures that there are no encumbrances or liens affecting the property. If the title examination reveals no issues and everything is deemed acceptable, we will proceed with finalizing the transaction.

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Stage 6: Closing

The closing process will be outlined in detail within the Proposal to Purchase. This final step can be conducted in one of two ways:

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1. Upon receipt of the original signed and acknowledged deed or assignment, Greenstar will mail you a check for deposit into your account.

2. Alternatively, in some cases, we can arrange for a personal exchange where Greenstar provides a cashier’s check in exchange for a properly notarized and executed conveyance instrument.

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Following the delivery of funds to the Seller, Greenstar will proceed to file the necessary paperwork in the county clerk's office. At this stage, the transaction will be considered complete.

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If you have any questions about the sale of your working, mineral, or overriding royalty interest, or farm please contact us.