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Location: midwest mama | I sold a barrel horse last week for $20,000.
A friend of mine is the person who told a friend of his about my horse and it resulted in my horse being sold.
When I asked my friend how much he wanted for a commission, he said he just wanted to help me and his other friend so I didn't owe him anything. When I pressed him and told him I wanted to give him something, he said "Oh - just buy me a gift card somewhere or something."
So here's my question...........
How much do I get a gift card for? I know what the traditional commission amount is when a broker helps you sell a horse, but what do I do in this case? I don't want to insult him by giving him too little.
I've never been in this situation before. Any advice? |
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Member
Posts: 39
Location: Texarkana | I would suggest a $500 visa gift card |
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  Champ
Posts: 19623
 
Location: Peg-Leg Julia Grimm | $100 would be nice. Not too much and not too little.  |
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 Shipwrecked and Flat Out Zapped
Posts: 16390
Location: DUMPING CATS AND PIGS IN TEXAS :) | I'd go with $500. |
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 Miss Laundry Misshap
Posts: 5271
| 5% would be $1000. But I agree with the other poster of at least $500.
I kind of agree with the guy though, I wouldn't want anything for mentioning I knew a friend had something for sale. I mention things to people all the time. It's a good friend thing! |
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 Expert
Posts: 2276
Location: ohio-in my own little world with pretty ponies :) | LRQHS - 2014-05-02 12:15 PM
I'd go with $500.
I agree
Edited by lexyy12 2014-05-02 11:18 AM
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Shipwrecked and Flat Out Zapped
Posts: 16390
Location: DUMPING CATS AND PIGS IN TEXAS :) | Nateracer - 2014-05-02 11:17 AM 5% would be $1000. But I agree with the other poster of at least $500.
I kind of agree with the guy though, I wouldn't want anything for mentioning I knew a friend had something for sale. I mention things to people all the time. It's a good friend thing!
I want him to be my new friend sooooo bad lol. |
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 The One
Posts: 7998
Location: South Georgia | A $500 gift card is huge. How much Outback or Applebees (just examples) does someone need! lol You could do one of those Visa gift cards, but what the point? Why not just write the person a check at that point?
I dont know, but if the person made the comment "a gift card or something" in that manner, I'd suspect they'd not want much of anything. I'd say $100 is generous.
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Shipwrecked and Flat Out Zapped
Posts: 16390
Location: DUMPING CATS AND PIGS IN TEXAS :) | horsegirl - 2014-05-02 11:26 AM A $500 gift card is huge. How much Outback or Applebees (just examples) does someone need! lol You could do one of those Visa gift cards, but what the point? Why not just write the person a check at that point?
I dont know, but if the person made the comment "a gift card or something" in that manner, I'd suspect they'd not want much of anything. I'd say $100 is generous.
...but, $500 would say, "sell another horse for me and I'll pad your pocket again lol" |
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 Tough Patooty
Posts: 2615
Location: Sperry, OK | It's not like he helped her sell a $2,000 horse. He basically made the sell on a $20,000 horse! I personally think the $500 is the least amount I would give. Give him a gift card that can be used anywhere, they don't always have to be for dinner places...or just hand him cash! |
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 Warmblood with Wings
Posts: 27846
Location: Florida.. | ACEINTHEHOLE - 2014-05-02 12:33 PM It's not like he helped her sell a $2,000 horse. He basically made the sell on a $20,000 horse! I personally think the $500 is the least amount I would give. Give him a gift card that can be used anywhere, they don't always have to be for dinner places...or just hand him cash!
ditto |
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Shipwrecked and Flat Out Zapped
Posts: 16390
Location: DUMPING CATS AND PIGS IN TEXAS :) | Bibliafarm - 2014-05-02 11:35 AM ACEINTHEHOLE - 2014-05-02 12:33 PM It's not like he helped her sell a $2,000 horse. He basically made the sell on a $20,000 horse! I personally think the $500 is the least amount I would give. Give him a gift card that can be used anywhere, they don't always have to be for dinner places...or just hand him cash! ditto
ditto x 2.....it's $20,000!! Heck, I'd give him $500 and a case of beer. |
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Tough Patooty
Posts: 2615
Location: Sperry, OK | LRQHS - 2014-05-02 11:36 AM Bibliafarm - 2014-05-02 11:35 AM ACEINTHEHOLE - 2014-05-02 12:33 PM It's not like he helped her sell a $2,000 horse. He basically made the sell on a $20,000 horse! I personally think the $500 is the least amount I would give. Give him a gift card that can be used anywhere, they don't always have to be for dinner places...or just hand him cash! ditto
Hell, I'd probably settle for the beer! LOL!  |
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 Undercover Amish Mafia Member
Posts: 9992
Location: Kansas | LRQHS - 2014-05-02 11:36 AM Bibliafarm - 2014-05-02 11:35 AM ACEINTHEHOLE - 2014-05-02 12:33 PM It's not like he helped her sell a $2,000 horse. He basically made the sell on a $20,000 horse! I personally think the $500 is the least amount I would give. Give him a gift card that can be used anywhere, they don't always have to be for dinner places...or just hand him cash! ditto
If I were him.....I'd definitely be happy with that LOL  |
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 Angel in a Sorrel Coat
Posts: 16030
Location: In a happy place | I would say $500 too. |
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 Elite Veteran
Posts: 1118
Location: The South | I would give him $500 cash, that way you don't have to worry with picking out a gift card to a place he'd actually use it.
Congrats on selling your horse! |
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 Queen Boobie 2
Posts: 7521
| LRQHS - 2014-05-02 11:29 AM horsegirl - 2014-05-02 11:26 AM A $500 gift card is huge. How much Outback or Applebees (just examples) does someone need! lol You could do one of those Visa gift cards, but what the point? Why not just write the person a check at that point?
I dont know, but if the person made the comment "a gift card or something" in that manner, I'd suspect they'd not want much of anything. I'd say $100 is generous.
...but, $500 would say, "sell another horse for me and I'll pad your pocket again lol"
I agree! It's kind of an expensive horse, and I think $500 says "really grateful for you thinking of me".
And with one of those Visa gift cards, he can buy gas, or anything...I don't think I would want $500 worth of Applebees LOL  |
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| I brought a horse that belonged to a friend home with me from a show to show to another friend who ultimately bought the horse. I told the seller that I did it out of friendship for the both of them and I didn't want anything. She sent me a commission check in the mail anyway;. The check was tucked inside a beautiful thank you card. As it turned out, that very next week we had an emergency and the extra cash was very much appreciated! The check was $500. |
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 Reaching for the stars....
Posts: 12708
| Years ago I helped connect a high dollar young horse with his new owner. His previous owner repaid me by slamming me all over the horse world. I helped place another mid range mare with her new owner and ended up with a psycho previous owner hounding me (and the new owner) for months. So, imo, anything positive you might do is showing huge appreciation!! |
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 Elite Veteran
Posts: 984
Location: Southwest Minnesota | You can do a Visa gift card, they can be used anywhere that takes Visa. $500 seems appropriate and maybe instead of beer a bottle of Crown or something. Although, a case of beer would suit me just fine! |
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 Guys Just Wanna Have Fun
Posts: 5530
Location: OH | lonely va barrelxr - 2014-05-02 1:26 PM Years ago I helped connect a high dollar young horse with his new owner. His previous owner repaid me by slamming me all over the horse world. I helped place another mid range mare with her new owner and ended up with a psycho previous owner hounding me (and the new owner) for months. So, imo, anything positive you might do is showing huge appreciation!!
OH---I remember this one, I found out a little too late though. |
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Sideways Riding Expert
Posts: 11371
Location: ND--it snows, it floods, it snows, it floods | A Visa or MasterCard gift card or even a gas card with a bottle of his favorite adult beverage. |
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Veteran
Posts: 231
Location: Nashvegas | I think a $500 gift card is a great idea! You could make it a gas gift card or to the friend's favorite tack store.I mean I know I could easily spend $500 at a tack store and well with gas/diesel prices what they are, that would be amazing. |
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 Desert Diva
Posts: 4946
Location: The birthplace of Honest Abe | I gave my friend 10% of each horse that sold to a person she sent my way, she made 750 just by making a phone call LOL
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 Own It and Move On
Location: The edge of no where | runs4fun - 2014-05-02 12:23 PM I brought a horse that belonged to a friend home with me from a show to show to another friend who ultimately bought the horse. I told the seller that I did it out of friendship for the both of them and I didn't want anything. She sent me a commission check in the mail anyway;. The check was tucked inside a beautiful thank you card. As it turned out, that very next week we had an emergency and the extra cash was very much appreciated! The check was $500.
Very classy of your friend!
This is what I would do for someone that helped me sell a horse.... Even if they turn down a commission, I'm still sending them something.
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Extreme Veteran
Posts: 596
Location: Somewhere in the middle of nowhere | runs4fun - 2014-05-02 11:23 AM I brought a horse that belonged to a friend home with me from a show to show to another friend who ultimately bought the horse. I told the seller that I did it out of friendship for the both of them and I didn't want anything. She sent me a commission check in the mail anyway;. The check was tucked inside a beautiful thank you card. As it turned out, that very next week we had an emergency and the extra cash was very much appreciated! The check was $500.
I think this is the best idea...a sweet thank you card in the mail with money is always a nice surprise when the mailbox could be full of bills. Also, for those of you that suggested the Visa gift card...everytime you use the gift card it charges a percentage to use it. I would prefer my friend to spend all that money on themselves. |
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 A Somebody to Everybody
Posts: 41354
Location: Under The Big Sky Of Texas | 500.00 would be very fair for a friend that helped you out selling your horse.... |
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Veteran
Posts: 276
| It is so nice to hear everyone being so generous. I swear in our local area, no one even thinks of even saying "Thank You" for help matching up horses. Last time I sold a horse, I took in a young horse for my friend for 3 months free of charge in trade for commission, gave a gift card to a family member who had been helping me haul him to jackpots, and sent a gift card to the people who let us and the buyers meet at their arena to try him. |
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 Scorpions R Us
Posts: 9586
Location: So. Cali. | A friend mentioned my mare to someone she knew looking and they purchased my mare off one try. I secretly got my friends address and sent her some cash for her effort. She wasn't expecting it which makes it all the more fun to send a little 'Thank you'. |
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 More Famous than Dr Phil
| If "friends" sent KJ $500 every time she helped them find a horse, We wouldn't have to work. She has put people together on $50k sales and not even got a thank you out of it. It's a good thing she like shopping for horses. |
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Undercover Amish Mafia Member
Posts: 9992
Location: Kansas | bennie1 - 2014-05-02 12:04 PM LRQHS - 2014-05-02 11:29 AM horsegirl - 2014-05-02 11:26 AM A $500 gift card is huge. How much Outback or Applebees (just examples) does someone need! lol You could do one of those Visa gift cards, but what the point? Why not just write the person a check at that point?
I dont know, but if the person made the comment "a gift card or something" in that manner, I'd suspect they'd not want much of anything. I'd say $100 is generous.
...but, $500 would say, "sell another horse for me and I'll pad your pocket again lol"
And with one of those Visa gift cards, he can buy gas, or anything...I don't think I would want $500 worth of Applebees LOL
Or.......she could just buy him a truck full of beer....... |
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Blessed 
Location: Here | ACEINTHEHOLE - 2014-05-02 11:33 AM It's not like he helped her sell a $2,000 horse. He basically made the sell on a $20,000 horse! I personally think the $500 is the least amount I would give. Give him a gift card that can be used anywhere, they don't always have to be for dinner places...or just hand him cash!
I agree... 10% would be cheap so don't skimp.... Take him new $100 and hand it to him and say thank you
Minimum $500 $1000 will sell more horses for you |
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 Hog Tie My Mojo
Posts: 4847
Location: Opelousas, LA | I agree with everyone else, $500- $1000 would be nice. Its good to know there are so many generous people in the world.
I helped a "friend" sell a $15,000 horse, she was in a jam (due to her own stupid decisions)and had already borrowed $3000 from me to get by. I told her I didn't need any commission, just glad to help out and quietly hoped she would be able to pay me back sooner rather than later. A year later I finally just filed on her in small claims court and she paid me before it went to court. I got called a chickens**t for all my troubles, lol.
Never again will I loan money unless I can afford to give it away.
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 Peecans
| I think its great you want to do something nice! Ive always given a gift of some sort if anybody helped make a sale on one of my horses, even if it was a cheep $500 one. Seems right to me, after all id be 500 pourer and still have a mouth to feed if not for them :-) |
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Location: midwest mama | Thanks for your replies.
I definitely want to do something for him - I wouldn't dream of not showing him how much I appreciate what he did for me. Honestly, I don't see how someone could be so selfish as to not acknowledge when someone helps you.
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 Lady Di
Posts: 21556
Location: Oklahoma | txdad - 2014-05-02 3:01 PM
If "friends" sent KJ $500 every time she helped them find a horse, We wouldn't have to work. She has put people together on $50k sales and not even got a thank you out of it. It's a good thing she like shopping for horses.
I've always told her I would pay her for selling one of mine....unfortunately, she can't seem to get any of mine sold. lol |
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 I'm Here!!
Posts: 4583
Location: Is it Summer Yet? | Do a visa gift card or fuel if you are buying a gift card. I wouldn't expect anything, if I were him. Most horse sales are word of mouth. |
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 MEOW!
Posts: 4477
Location: High heels in the air... | 1000.00 minimum...would you have got the asking price otherwise or had to deal, make endless trips and be frustrated with tire kickers? And pay in cash...crisp 100 bills with a thank you card... |
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 The Original Cyber Bartender
Location: Washington | I have simply sent them a check....if it's not cashed then I recieved the message loud and clear. I pay the 10% or 15% on the selling price. Only had one check not cashed. |
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 Elite Veteran
Posts: 1119
| When I personally help a friend sell a horse, unless we have an agreement I am doing it out of kindness, not expecting anything in return. |
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 Forever Young
Posts: 6768
Location: relocated to Texas | OregonBR - 2014-05-03 10:14 AM $100 would be nice. Not too much and not too little.
Honestly on a $20,000.00 horse, $100.00 is too little, IMO. It would look like you were being cheap. Since normal commission would be $2,000.00, I think the suggestion of a $500.00 Visa card would be the way to go. |
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 Expert
Posts: 1384
Location: Kansas | As an amateur and someone who considers horses as a major life consuming hobby, if all I did was tell one friend about another frends horse I would expect nothing. I would consider $500 as a great offering, but would feel very guilty accepting it. Friends help others out of friendship, not for money.
If I was a professional, I would feel and view it differently
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 Veteran
Posts: 268
| $500 is 2.5%, standard commission is 10%. However, since he didn't list the horse and handle the majority of the sale (he was a referral), $500 should be a good way to go. |
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Location: OK | I think a phone call or just telling someone Is NOT being an AGENT, an agent actually shows the horse or sets up a meeting and attends. Thus 10% or what ever was prearrainged. I have sold horses through an agent and the agent was hands on and took some responsibility. In my openion people who want a cut for a phone call or word of mouth need to make their expectations known to the seller in advance of making the call. That is just good business and being moral.
Edited by StillRiding 2014-05-05 9:09 AM
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If a friend helps you sell your horse........