It can be difficult for even experienced landmen in the oil, gas, and mineral business to navigate the land market, no matter the scale of their operations.
With limited properties, a small circle of buyers and sellers, and numerous criteria for the right oil and gas leases for your needs, it can be very time-intensive to find that spot that fits the bill. Add in the complexities and inefficiencies of traditional land acquisition—such as incomplete databases, inconsistent communications between buyers and sellers, and disjointed transaction workflows—and it can be difficult to find a way to stay ahead of the competition.
That’s where RealX comes in. RealX is an integrated land exchange specifically built for oil, gas, and mineral landmen to quickly and efficiently handle every phase of the land acquisition process and tap into a larger pool of potential sellers.
So what is it about RealX that makes it perfect for today’s oil and gas landmen?
One Application, All the Data You Need
The old way of finding property to buy or lease involved plenty of workarounds, informal connections, and possibly even a Rolodex or two. This process is not only inefficient for you, but you likely missed out on prime property that just came available or missed something due to incomplete background documentation.
With the introduction of RealX, this old way of navigating the land market is left behind. Instead, RealX presents you with:
- A clear, logical user interface that brings together the maps, visuals, and comprehensive property listing details for more than 6 million registered acres all in one application
- Customizable target area alerts so you hear first about desired properties
- Preconfigured utility or wetlands maps overlays
- Built-in measuring tools to find distances to land features or utility lines
- Access to all available sales, ownership, and representation history
And if you can’t quite find the right information or parcel to fit your needs, you can also choose to tap into the experience of the RealX research team and initiate your own special research project.
End-to-End Land Lifecycle Management
In addition to weaving together everything you need to learn about a property, RealX also includes built-in wizards and templates to expedite and simplify every phase of the transaction process.
Whether you want to buy, sell, or lease, you can handle it all within one integrated platform. And when you’re responsible for managing thousands of acres of land, having access to every conversation, transaction, and database in one centralized application can, on its own, drastically streamline your day-to-day work.
At the same time, throughout the sale or lease process, you can also leverage the integrated communications features within RealX to open a conversation with the other parties to the transactions and directly send offers to sellers.
Built-in RealX Transaction Partnerships
Every property, jurisdiction, and seller or buyer can approach a transaction differently, potentially making the sale or lease process more complicated. Fortunately, RealX has landmen covered here, too.
RealX has property exchange and legal partnerships with professionals across the country already in place to help facilitate your deal, available to find directly within the application.
The Next Step with RealX
Whether the oil, gas, or mineral property you’re targeting to purchase, sell, or lease is across the country or across the street, RealX has all of the latest property parcel details and built-in tools that landmen need to accelerate their business. From precise property data available with the push of a few buttons to handling every conversation and aspect of the transaction, RealX is the only solution tailor-made for landmen.
Ready to see it for yourself and take your work to the next level? Contact our team for a demo or get started with your trial today.