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Location: Keeping up with the numbers! | If someone wanted a 10% commission on a horse you had for sale what would you expect them to do to earn the commission? Just telling another individual? Showing the horse? What would be your expectation/s?
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 Saint Stacey
 
| If someone sends a buyer your way, they are entitled to a commission because you wouldn't have sold the horse to that particular party without them sending the person to you in the first place. |
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 Own It and Move On
Location: The edge of no where | SKM - 2014-12-01 10:00 AM If someone sends a buyer your way, they are entitled to a commission because you wouldn't have sold the horse to that particular party without them sending the person to you in the first place.
^^ I'll pay as long as they made the connection. They don't need to actually show the horse or be involved with negociating. |
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 Jr. Detective
Location: Beggs, OK | I got a check in the mail for 10%of the purchase price just this weekend. We tried the mare back in July and we bought a gelding instead. I told an acquaintance of mine about the mare and she bought her. The ranch manager texted me recently asking for our address and I assumed it was for a Christmas card. We pay 10% even if our trainer sells a horse for us and he's getting paid to ride it as well. |
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 Expert
Posts: 3815
Location: The best kept secret in TX | I used to trade horses a lot. For someone to earn commission off that horse they had to haul, ride, show, and care for the horse that was for sale. I provided diesel, feed, and hay, and also tack. I set a price on the horse they had to attain in order for them to earn 10% commission. They also had a time frame before I took the horse back to give to someone else for commission.
(For example all my colts had to be $3,000 or they didn't get 10% they got 5% for anything less than $3,000 because that's what I had in my colts.)
The system worked really well for me. It gave them incentive. Most of the time they were just College students looking for extra cash for school. It worked pretty well since I work a lot and don't have time to show or market them. |
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Location: Keeping up with the numbers! | Thank you for all the replies. I am generally not on the selling end. |
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Miracle in the Making
Posts: 4013
| i disagree 10% for a phone call nope to much 10% for hauling around and actually doing something yes
but as a disclaimer that needs to be worked out ahead of time.
every situtation is different |
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Expert
Posts: 3147
| vjls - 2014-12-01 12:27 PM
i disagree 10% for a phone call nope to much 10% for hauling around and actually doing something yes
but as a disclaimer that needs to be worked out ahead of time.
every situtation is different
A telephone call that results in a sale deserves something, but I, too, think 10% is too much. I sent 5% to the person who gave my number to the eventual buyer. She said she didn't expect anything, but I felt she did. |
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 Elite Veteran
Posts: 1119
| Not to steal the thread, but what do you think of this situation:
My friend is currently trying to sell a fox trotter gelding - horse is at her house and she is paying for all care and feed, plus riding. Owner wants $1100. Friend is marketing the horse at $1500. Owner says she will only pay 10% regardless of sale price of horse. I told friend she should just send the horse back to the owner because she is going to lose money on the deal (she has already had the horse over a month). |
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Jr. Detective
Location: Beggs, OK | 10% isn't near enough in some situations.... 10% makes it worth while for the price range that I'm talking about. I've also sold horses for people and gave them what they were asking with the understanding that I kept whatever I made over the asking price. The commission that I just received I feel was deserved as the horse was bought off of my word that she was exactly what they said she was, and some pictures. The new owner had her shipped to her several states away. |
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Jr. Detective
Location: Beggs, OK | MissouriJen - 2014-12-01 1:36 PM Not to steal the thread, but what do you think of this situation:
My friend is currently trying to sell a fox trotter gelding - horse is at her house and she is paying for all care and feed, plus riding. Owner wants $1100. Friend is marketing the horse at $1500. Owner says she will only pay 10% regardless of sale price of horse. I told friend she should just send the horse back to the owner because she is going to lose money on the deal (she has already had the horse over a month).
That's a no brainer...the owner will only pay a maximum of $150? Your friend has already lost money. Send him home and tell the owner that she owes for a training bill and board. |
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 Cute Little Imp
Posts: 2747
Location: N Texas | This is a very interesting thread...if I told someone of a horse and they ended up buying it, I would never expect to receive any commission from the seller, because I put forth zero effort. |
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 Morale Booster!!
Posts: 1459
| Had this happen to me. I told some people about a very nice horse, called the owner and talked to her about them and about the horse to see if I thought it would work. The friends I told, bought this horse for a huge amount of money. I feel like I should have gotten the commision since I was the one that sent them her way. Granted she probably would have sold the horse to someone else, but it was my people that contacted her and bought the horse. I think I was owed something.. Lesson learned, I just wont tell anybody else without first stating what I want if the deal goes through. |
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 Member
Posts: 21
| If you call someone and ask them to help you sell the horse, even if it is just a phone call, pay them the 10%!! Most likely the person that bought the horse trusted that person enough to go and buy it. If you don't want to pay the commission do not ask anyone for help. If someone helps sell it and has not made arrangements, and you have not asked, that is totally different. but if you asked, you pay..... |
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 I Don't Brag
Posts: 6960
| Gunner11 - 2014-12-01 2:30 PM
This is a very interesting thread...if I told someone of a horse and they ended up buying it, I would never expect to receive any commission from the seller, because I put forth zero effort.
I'm with you. When I was looking at horses out in Oklahoma about 10 years ago, I was appalled at what people expected just for telling you about a horse they actually had nothing to do with. Example: Someone comes to try a horse at a jackpot and someone watching sees that said horse is for sale. That person tells someone else, who contacts owner, tries and buys the horse. Now you had, the original "broker", the jackpot attendee AND the attendees friend ALL demanding a 10% commission. That is just plain crazy!! If I was selling the horse, I had no control of who saw the horse and who called who. I would have only paid who I "contracted" with to sell the horse.
I expect that a broker I deal with actually show the horse to prospective buyers at the very least. |
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 Elite Veteran
Posts: 1062
Location: Probably On the Road to the Next Barrel Race! | Gunner11 - 2014-12-01 2:30 PM This is a very interesting thread...if I told someone of a horse and they ended up buying it, I would never expect to receive any commission from the seller, because I put forth zero effort.
I disagree...I spent a LIFETIME developing a newtork of barrel racing people, countless hours and tons of money riding, hauling, teaching, training, showing. If I put two people together on a horse deal, it's worth every penny of 10%. Without that tip, the sale doesn't go through, why shouldn't I be paid? I am not a 'professional", but I certainly feel anybody that can get your horse SOLD is worth it. Zero effort? How about 40 years worth of effort?
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I Don't Brag
Posts: 6960
| CrossCreek - 2014-12-01 9:37 PM
Gunner11 - 2014-12-01 2:30 PM This is a very interesting thread...if I told someone of a horse and they ended up buying it, I would never expect to receive any commission from the seller, because I put forth zero effort.
I disagree...I spent a LIFETIME developing a newtork of barrel racing people, countless hours and tons of money riding, hauling, teaching, training, showing. If I put two people together on a horse deal, it's worth every penny of 10%. Without that tip, the sale doesn't go through, why shouldn't I be paid? I am not a 'professional", but I certainly feel anybody that can get your horse SOLD is worth it. Zero effort? How about 40 years worth of effort?
If you make that call on my behalf without my knowledge or agreement then you deserve nothing IMHO.
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 Elite Veteran
Posts: 754
Location: Arkansas | rodeoveteran - 2014-12-01 9:46 PM CrossCreek - 2014-12-01 9:37 PM Gunner11 - 2014-12-01 2:30 PM This is a very interesting thread...if I told someone of a horse and they ended up buying it, I would never expect to receive any commission from the seller, because I put forth zero effort. I disagree...I spent a LIFETIME developing a newtork of barrel racing people, countless hours and tons of money riding, hauling, teaching, training, showing. If I put two people together on a horse deal, it's worth every penny of 10%. Without that tip, the sale doesn't go through, why shouldn't I be paid? I am not a 'professional", but I certainly feel anybody that can get your horse SOLD is worth it. Zero effort? How about 40 years worth of effort?
If you make that call on my behalf without my knowledge or agreement then you deserve nothing IMHO.
I agree with rodeoveteran--I think the person who made the call, etc is entitled to whatever was agreed upon beforehand, be it $5 or 50%. If someone took it upon themselves to tell someone else about the horse, then they aren't entitled to anything, because there was no agreement. I myself would probably send a $25-$100 gift card (depending on price of horse) out of appreciation, but not becuase I had to. |
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  Neat Freak
Posts: 11216
Location: Wonderful Wyoming | Value of the horse should mean something too. I have had Teri Dinnell on CircleDhorses.com list some of mine. Her website is fantastic and she lists them all over facebook. She has a flat %. I did sell an older mare for next to nothing and she told me a different $ to send her as she felt 7% was too much for such a low price. I was just happy to find the mare a good home.
As someone that has marketed for a few people around me, I would think 10% of a $1000 horse isn't worth my time. It takes just as much if not more time, due to all the idots that call on a $1000 horse than it does on a $10,000 horse. But as the owner, anything over 10% and you are practically giving the horse away. I think it just depends on the situation and make sure everything is talked out ahead of time.
Edited by wyoming barrel racer 2014-12-02 8:50 AM
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Location: OK | What ever the deal it needs to be agreed upon up front. I have seen where two people expected 10% becasue one told the other and then the 2nd person made a phone call. I do not feel that a phone call alone should expect 10%. For the 10% the agent needs to be hands on involved in the sale. |
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Own It and Move On
Location: The edge of no where | MissouriJen - 2014-12-01 1:36 PM Not to steal the thread, but what do you think of this situation:
My friend is currently trying to sell a fox trotter gelding - horse is at her house and she is paying for all care and feed, plus riding. Owner wants $1100. Friend is marketing the horse at $1500. Owner says she will only pay 10% regardless of sale price of horse. I told friend she should just send the horse back to the owner because she is going to lose money on the deal (she has already had the horse over a month).
No way in hades would I mess with trying to sell a cheap horse for only 10% if I had to feed the dang thing. We've always done the less expensive ones as we keep whatever we can get over what the owner's asking price is. I'd send that sucker home asap! |
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Cute Little Imp
Posts: 2747
Location: N Texas | rodeochick382 - 2014-12-02 6:54 AM
rodeoveteran - 2014-12-01 9:46 PM CrossCreek - 2014-12-01 9:37 PM Gunner11 - 2014-12-01 2:30 PM This is a very interesting thread...if I told someone of a horse and they ended up buying it, I would never expect to receive any commission from the seller, because I put forth zero effort. I disagree...I spent a LIFETIME developing a newtork of barrel racing people, countless hours and tons of money riding, hauling, teaching, training, showing. If I put two people together on a horse deal, it's worth every penny of 10%. Without that tip, the sale doesn't go through, why shouldn't I be paid? I am not a 'professional", but I certainly feel anybody that can get your horse SOLD is worth it. Zero effort? How about 40 years worth of effort?
If you make that call on my behalf without my knowledge or agreement then you deserve nothing IMHO.
If I come across an ad on Facebook and tell a friend about it, and they end up buying the horse, I am entitled to nothing. I ride, haul, and network for myself, not so I can match people up with horses and get paid for it. If I wanted to get paid for that, I would become a horse broker. |
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 I'm not opinionated
Posts: 4597
Location: Online | I think 10% is to much for just a phone call, especially if the horse is above 5 digits. I don't expect anything if I give a person a phone number. To earn that you should have to do some leg work. Also make the deal on commission ahead of time, before the horse is sold.
Also, no one is entitled to anything for sharing a Facebook post. |
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 Elite Veteran
Posts: 678
Location: Canada | Personally I would laugh if someone expected 10% for telling someone about a horse I had for sale. I get a lot of calls in my area for people looking for barrel horses and sometimes I have what they need and sometimes I don't. If I don't I usually know of something for sale and will happily direct someone that way. If the redirect ends in a sale that's great and I'm happy for the seller and buyer. I don't call the seller and expect 10% because I redirected someone their way. I'm happy that I was able to help them out and word of mouth spreads quickly that they found a great horse and that help often ends up in more calls looking for horses.
I do charge 10% of the final sale price when I list the horse, place the ads, answer calls and emails, make any necessary videos, and show the horse. The horses are typically client horses so they are already being boarded so I am just charging the 10% of the sale for the work I do.
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Cute Little Imp
Posts: 2747
Location: N Texas | RunNitroRun - 2014-12-02 12:20 PM
Personally I would laugh if someone expected 10% for telling someone about a horse I had for sale. I get a lot of calls in my area for people looking for barrel horses and sometimes I have what they need and sometimes I don't. If I don't I usually know of something for sale and will happily direct someone that way. If the redirect ends in a sale that's great and I'm happy for the seller and buyer. I don't call the seller and expect 10% because I redirected someone their way. I'm happy that I was able to help them out and word of mouth spreads quickly that they found a great horse and that help often ends up in more calls looking for horses.
I do charge 10% of the final sale price when I list the horse, place the ads, answer calls and emails, make any necessary videos, and show the horse. The horses are typically client horses so they are already being boarded so I am just charging the 10% of the sale for the work I do.
Just curious, those of you who feel entitled to 10% simply for directing a potential buyer to a particular horse, how do you go about collecting that commission? Do you contact the seller and say "by the way, I sent those people to you, pay up"? If they don't give you a cut, do you refuse to point people in their direction in the future? |
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Elite Veteran
Posts: 618
| Wow! I'm really shocked at the idea that giving a lead to a buyer be it a phone #, a name or whatever entitles them to 10%. I have referred multiple people to credible, honest sellers that resulted in a sale. I never expect a dime. That's like saying a car dealership or retail store owes you a commission for telling someone about a truck or pair of shoes. |
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Jr. Detective
Location: Beggs, OK | One other huge detail when selling a horse. If you have a broker, even if it's someone you think you can trust, the buyer should pay you not the broker....at the very least you should see check/bill of sale. You and the broker can settle up separately. It's just too tempting for some people to sell your horse for way more than you're asking, take 10% of the price that you had agreed on PLUS the extra profit that they made on the side.
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 Damn Yankee
Posts: 12390
Location: Somewhere between raising hell and Amazing Grace | If I got 10 percent commission for every time I told someone about a horse for sale that they eventually bought....I wouldn't have to work three jobs right now and would probably have a few more bills paid off......
I think commissions should be paid on a contract type basis. If I had a horse for sale, person A tried the horse and didn't buy it, but told person B who wasn't interested, then person B told person C, and person C bought the horse....ain't nobody getting a 10 percent commission. Not unless I specifically asked person A to spread the word or they asked me if I would pay them if they found a buyer.
Commission is to be paid for services rendered. If you happen to mention that your friend has a horse for sale, that isn't services rendered, that's just conversation. |
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 Lady Di
Posts: 21556
Location: Oklahoma | If someone tells me about a horse they have for sale and want me to pass the word on, I tell them up front that I charge a 10% commission. The reason for that is because I sell my own horses and if I sell a horse to a buyer for someone else, then that's taking a buyer that I could have sold one of my horses to! If they don't want to pay the commission, then I don't tell anyone I know about the horse. I have gotten where I don't sell any horses for anyone, though, unless they are trusted friends. I've found people want to use my contacts and my name to sell less than stellar horses and they "forget" to tell me about little details like the horse ducking occasionally, or the fact that it might not be as sound as it appears.....so I pretty much don't sell for anyone except myself and my very good friends. As for me paying a commission, I will always tell you up front if I'm going to pay a commission. Like rodeoveteran, if you take it upon yourself to try to sell my horse w/o making an agreement with me beforehand, you're out of luck. But I don't mind paying 10% to someone for only sending a buyer my way, because that was a buyer they could have sold one of theirs to, so I appreciate the contact and think they should be recompensed. |
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 Expert
Posts: 1258
Location: MN | dianeguinn - 2014-12-02 6:43 PM
If someone tells me about a horse they have for sale and want me to pass the word on, I tell them up front that I charge a 10% commission. The reason for that is because I sell my own horses and if I sell a horse to a buyer for someone else, then that's taking a buyer that I could have sold one of my horses to! If they don't want to pay the commission, then I don't tell anyone I know about the horse. I have gotten where I don't sell any horses for anyone, though, unless they are trusted friends. I've found people want to use my contacts and my name to sell less than stellar horses and they "forget" to tell me about little details like the horse ducking occasionally, or the fact that it might not be as sound as it appears.....so I pretty much don't sell for anyone except myself and my very good friends. As for me paying a commission, I will always tell you up front if I'm going to pay a commission. Like rodeoveteran, if you take it upon yourself to try to sell my horse w/o making an agreement with me beforehand, you're out of luck. But I don't mind paying 10% to someone for only sending a buyer my way, because that was a buyer they could have sold one of theirs to, so I appreciate the contact and think they should be recompensed.
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 Elite Veteran
Posts: 746
Location: Missouri | I don't mind paying commission to someone brokering a horse for me and 10% seems to be the going rate. For me it is someone is handling the all potential buyers, phone calls, emails, test rides, etc. To me that is worth it!
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Commision for selling a horse?