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 Don't Wanna Make This Awkward
Posts: 3106
  
Location: Texas | What is the best way to sell a horse that is worth give or take around $50,000? I have no clue how to do this and no clue if that's what my horse is even worth. He consistently out runs a horse in our area that sold for $85,000 but I know so many different factors go into these prices. I just don't think I can deal with this on my own. I see people like Devers Performance horses they sell alot of really pricey horses, but idk anything about them! That just made me think maybe someone like her, I think her names Sabrina ? Would be a good route for me to go? What would you do? Never in my wildest dream was this horse gonna be worth more than 10k and now it feels like there's so much to mess up. |
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Elite Veteran
Posts: 898
 
Location: Mountains of VA | IF you can find an agent or trainer that you can trust it could be worth it to get your horse into their program to get him sold. HOWEVER, by the time you pay them all of their fees, you are not going to get any amount close to what his sells price will be.
Since you are riding him and doing well.......maybe you should represent him yourself. A high price range will automatically weed out a lot of buyers and leave buyers that are serious competitors.
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 Expert
Posts: 1591
Location: East Texas | I absolutely would go with a broker, and if you want my suggestion, Chris Martin is amazing. These brokers have people call all day every day wanting certain horses and they have people coming all the time to try a group that they get together. If you are going to sell a horse for that amount it needs a pretty big record, and a lot of different videos showing it running at big shows or rodeos, to justify that, and these brokers can also haul them and get more videos and stats under them. They take the hassle out of it for you, I sell all my horses that are 2 and over through Chris. |
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  Fact Checker
Posts: 16572
Location: Displaced Iowegian | NoGutsNoGlory - 2015-01-09 6:16 PM If you are going to sell a horse for that amount it needs a pretty big record, and a lot of different videos showing it running at big shows or rodeos, to justify that, ^^^^ THIS.......IMO, you are not going to get a broker to ask that kind of money without the "record" ...... Out running an 85K horse doesn't mean that much since there could be a LOT of factors that play into that scenario.
Edited by NJJ 2015-01-09 6:54 PM
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Don't Wanna Make This Awkward
Posts: 3106
Location: Texas | NJJ - 2015-01-09 6:53 PM NoGutsNoGlory - 2015-01-09 6:16 PM If you are going to sell a horse for that amount it needs a pretty big record, and a lot of different videos showing it running at big shows or rodeos, to justify that, ^^^^ THIS.......IMO, you are not going to get a broker to ask that kind of money without the "record" ...... Out running an 85K horse doesn't mean that much since there could be a LOT of factors that play into that scenario.
I know that. Im just sying I have no clue where he falls between 20k and 85k, some where in there I just don't feel I'm the right person to decide that. I want someone that rides this level of horse all day long and knows how to sell them. |
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The Advice Guru
Posts: 6419
| Get the best horse broker you can make sure the horse fits the broker, you may need to pay a little to have them campaign the horse to get the good stats.
If I remember correct this horse has some soundness issues, you may need to keep on top of these while the horse is at the brokers as well, and this may also bring the value of the horse down too. |
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 Warmblood with Wings
Posts: 27846
Location: Florida.. | find a good trainer or broker you can trust and they can work the horse and pick up soundness issues etc and let you know what to sell horse for. let it stay with them a week or so and they will know. outrunning a horse isnt good enough for price tags.
you cant even think that way.
so much factors in on price.
after trainer -broker lets you know what he or she would ask then you go from there.. remember they will ask high end to allow for leeway and also commission . you decide if thats good for you or not. |
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 Go For It!
Location: Texas |
I can tell you that for me personally, I won't buy from a broker. I feel like the really nice horses sell themselves. Let some friends know that your horse is for sale and list him on BHW. I've bought two on here sight unseen, and they weren't cheap horses. They did have some video and some stats that I could verify though. I even talked to some of the people who knew the horse when he was running to confirm what the owner had told me. Just remember that you can't really sell high based on potential. A $50k horse needs to have a pretty lengthy win record for me to look at it, broker or not. Also, if you go with a broker you will have to cough up some money for them to take the horse, whether it gets sold or not.
Good luck with whatever you decide!
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 Famous for Not Complaining
Posts: 8848
Location: Broxton, Ga | outrundaizy - 2015-01-08 8:15 PM
NJJ - 2015-01-09 6:53 PM NoGutsNoGlory - 2015-01-09 6:16 PM If you are going to sell a horse for that amount it needs a pretty big record, and a lot of different videos showing it running at big shows or rodeos, to justify that, ^^^^ THIS.......IMO, you are not going to get a broker to ask that kind of money without the "record" ...... Out running an 85K horse doesn't mean that much since there could be a LOT of factors that play into that scenario.
Stats etc........is the only way......give me those and I can tell you..........
Edited by CJE 2015-01-10 9:26 AM
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Elite Veteran
Posts: 907
Location: a secret | Good horses with credentials do not need a broker to sell them. If they are truly top caliber horse and clocking people will seek you at. jmo.. |
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Warmblood with Wings
Posts: 27846
Location: Florida.. | HotPants - 2015-01-10 10:47 AM Good horses with credentials do not need a broker to sell them. If they are truly top caliber horse and clocking people will seek you at. jmo..
I can agree with this but if you arent in the area or run at events that the high doller horses are selling or people are buying then it is difficult. imo.. If you do run at events or are in the areas then I agree with you 100% .. its all in the marketing for the over 50,000. |
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Hungarian Midget Woman
Location: Midwest | I would call a well known broker with a good reputation and see what they would charge to give you an estimated value on the horse. Of course this is very subjective, but if someone is willing to provide this service (and they buy and sell a lot of high end horses), their knowledge would be of benefit. |
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Expert
Posts: 1591
Location: East Texas | I can tell you this, you would be shocked at how many pro caliber horses are sold through a broker. It's easier for most owners to hand them over to someone else to handle all the business dealings. It doesn't make the horse worth any less because a broker has it. I know of horses that have been top 20 in the world standings, sell through brokers, and I know that one of the best Futurity horses from last year is currently being sold through a broker, and this horse is a household name. |
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 Loves to compete
Posts: 5760
Location: Oakdale, CA | Ive used a broker a few times to sell horses. The thing I liked about it was they were kept in my care and then I would haul where ever for customer to try.
The thing I like is the broker was good at fitting horses so no chance of non fitters trying them I did haul a little bit to arena a couple times, to vet etc......
I love it I love paying commission all day long for someone cutting out alot of the bs. They also knew if they really had to money to buy.......
I say yes yes yes!! |
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Rad Dork
Posts: 5218
Location: Oklahoma | I would suggest a broker being how you are still in school right now and might not be able to get the horse to someone that wants to try him out / vet him as fast as a broker might be able to. They might try to take advantage of someone you age (and I'm not but a few years older than you, so please don't take it harshly), but take a broker more seriously as it isn't their "first rodeo" dealing with a high dollar horse. |
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 Night Watchman
Posts: 5516
Location: Central Montana | HotPants - 2015-01-10 8:47 AM Good horses with credentials do not need a broker to sell them. If they are truly top caliber horse and clocking people will seek you at. jmo..
My thoughts exactly. A good horse priced accordingly is going to sell itself before it ever has a chance to be listed to the public. |
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Warmblood with Wings
Posts: 27846
Location: Florida.. | GoinJettin - 2015-01-10 8:34 PM HotPants - 2015-01-10 8:47 AM Good horses with credentials do not need a broker to sell them. If they are truly top caliber horse and clocking people will seek you at. jmo.. My thoughts exactly. A good horse priced accordingly is going to sell itself before it ever has a chance to be listed to the public.
Not if she isnt in a high traffic area per say. |
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Selling a high $$ horse through consignment?