Posted 2014-06-09 6:53 PM Subject: Commission on selling a horse?
Money Eating Baggage Owner
Posts: 9586 Location: Phoenix
I know the norm is like 10-15%.
But what if the person selling the horse is... --a family member or a close friend; --has been the one showing/advertising the horse; --has been at their house on a feed-lease basis;
Posted 2014-06-09 7:08 PM Subject: RE: Commission on selling a horse?
Husband Spoiler
Posts: 4151 Location: North Dakota
osu_barrelracer - 2014-06-09 7:02 PM Maybe pick an amount you want to get for the horse, then anything they sell it for over, is theirs.
I have sold a horse this way. It worked out pretty well for both of us. It works if you don't want much but if you are wanting a fairly high price then it is a bit unfair to the other partner.
Posted 2014-06-09 7:13 PM Subject: RE: Commission on selling a horse?
Proud to be Deplorable
Posts: 1929
Did you set a price before you leased the horse to them? The reason I ask is that I have done this several times. The way I do it is I get the what ever we agree that the horse is worth at the time we start. than split what they can get out of the horse after promoting it. I have done this with three different trainers several times. Everybody seems happy.
Posted 2014-06-09 7:46 PM Subject: RE: Commission on selling a horse?
Money Eating Baggage Owner
Posts: 9586 Location: Phoenix
We've got a price we'd like to get, and a minimum that we'll sell for. Maybe I'll do the thing where if they sell over the minimum than it's theirs after that.....hmm.
Posted 2014-06-09 10:11 PM Subject: RE: Commission on selling a horse?
Ms. Manners
Posts: 1820 Location: Oklahoma
Whatever you decide, keep communication channels wide open and ensure both sides fully understand what is expected from them and what they will get from a sale. Nothing will send a friendship down the drain faster than a hurt felings from a bad deal or misunderstanding where money is concerned.
Posted 2014-06-09 10:15 PM Subject: RE: Commission on selling a horse?
Neat Freak
Posts: 11216 Location: Wonderful Wyoming
hammer_time - 2014-06-09 6:46 PM We've got a price we'd like to get, and a minimum that we'll sell for. Maybe I'll do the thing where if they sell over the minimum than it's theirs after that.....hmm.
Posted 2014-06-09 10:56 PM Subject: RE: Commission on selling a horse?
Am I really the Weirdo?
Posts: 11181 Location: Kansas
I got a 30% commission on the pony I sold for friends last month. The pony was at their house but I did have to drive out (25 miles each way) and ride him a few times plus haul him to the local arena for potential buyers to try, so I really just recouped my gas and a little bit for my trouble. He wasn't a high priced pony and I think the buyers got a great deal. I've got a small quarter horse at my house right now that the same friends own and need to sell because they don't have time to ride and I'm expecting a similar commission when I get him sold. Right now I need to ride him more than once every 3 weeks and get a better idea of what he is before I advertise him, but I need it to stop raining or I'll have to swim him instead LOL.
Commission on selling a horse?
