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Lowdown on stallion auctions?

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Last activity 2020-01-31 9:05 PM
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Runninbay
Reg. Sep 2004
Posted 2020-01-30 8:19 AM
Subject: Lowdown on stallion auctions?



Georgia Peach


Posts: 8338
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Location: Georgia

Good idea or not? I'm watching a few auctions and I'm wondering if there are any cons to purchasing a stud fee through an auction versus directly through the owner? Two auctions I was following ended last weekend and I was outbid at the last minute on one and then the other went too high. Personally not a fan of the "extended" bidding - takes the fun out of it and lets the prices go sky high. I do know that you typically have to pay booking/shipping on top of the auction price and I've already confirmed those fees with the ranch that stands this particular stallion. Just looking for advice.

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okhorselover
Reg. Feb 2016
Posted 2020-01-30 10:17 AM
Subject: RE: Lowdown on stallion auctions?



Elite Veteran


Posts: 885
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I won't do it again. I won a bid on a stallion but after the breeding I got a bill from the place the stallion was being stood at for $600.00. I had paid the fee & thought all was fine untill I got this bill. Contacted the place & they said I owed them for a chute fee. I was like, WHAT !!!!!!!  I was not told that I had to pay this when I won the bid. I fought it & didn't have to pay it, but I thought that was a crappy deal. 

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Runninbay
Reg. Sep 2004
Posted 2020-01-30 10:31 AM
Subject: RE: Lowdown on stallion auctions?



Georgia Peach


Posts: 8338
50002000100010010010025
Location: Georgia

okhorselover - 2020-01-30 11:17 AM


I won't do it again. I won a bid on a stallion but after the breeding I got a bill from the place the stallion was being stood at for $600.00. I had paid the fee & thought all was fine untill I got this bill. Contacted the place & they said I owed them for a chute fee. I was like, WHAT !!!!!!!  I was not told that I had to pay this when I won the bid. I fought it & didn't have to pay it, but I thought that was a crappy deal. 


I totally understand. This happened to me at a benefit barrel race  - they had a stallion raffle with multiple stallions and I won one of the stallions but was told I still had to pay $500 for the chute fee. If they had said that up from it wouldnt have been a problem but it was never said/put anywhere on the raffle info. Plus none of the other stallions required this, just the one I won. My luck.

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WrapN3MN
Reg. Mar 2008
Posted 2020-01-30 10:59 AM
Subject: RE: Lowdown on stallion auctions?





1000500252525

They can be great but you ABSOLUTELY MUST do your homework before bidding!

Contact the stallion owner and inform them you are considering purchasing a stud fee on an auction, and ask what fees will in addition.

I paid $2,000 on a stallion auction for a stallion with a $2,000 stud fee. Didn't bother me that I didn't "save" any money - I was going to breed to him regardless if I won the auction, and I liked the idea of my money going to support a barrel racing organization. However when I came to fill out the contract, there was a chute fee that was tacked on. If I would've bypassed the stallion auction and went directly through the stallion owner, the chute fee was included in the stud fee. It is what it is, but just do your homework. 

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Runninbay
Reg. Sep 2004
Posted 2020-01-30 11:06 AM
Subject: RE: Lowdown on stallion auctions?



Georgia Peach


Posts: 8338
50002000100010010010025
Location: Georgia

WrapN3MN - 2020-01-30 11:59 AM


They can be great but you ABSOLUTELY MUST do your homework before bidding!

Contact the stallion owner and inform them you are considering purchasing a stud fee on an auction, and ask what fees will in addition.

I paid $2,000 on a stallion auction for a stallion with a $2,000 stud fee. Didn't bother me that I didn't "save" any money - I was going to breed to him regardless if I won the auction, and I liked the idea of my money going to support a barrel racing organization. However when I came to fill out the contract, there was a chute fee that was tacked on. If I would've bypassed the stallion auction and went directly through the stallion owner, the chute fee was included in the stud fee. It is what it is, but just do your homework. 


Thanks for the input! I bet this happens alot. 

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WrapN3MN
Reg. Mar 2008
Posted 2020-01-30 11:10 AM
Subject: RE: Lowdown on stallion auctions?





1000500252525

Runninbay - 2020-01-30 11:06 AM


WrapN3MN - 2020-01-30 11:59 AM


They can be great but you ABSOLUTELY MUST do your homework before bidding!

Contact the stallion owner and inform them you are considering purchasing a stud fee on an auction, and ask what fees will in addition.

I paid $2,000 on a stallion auction for a stallion with a $2,000 stud fee. Didn't bother me that I didn't "save" any money - I was going to breed to him regardless if I won the auction, and I liked the idea of my money going to support a barrel racing organization. However when I came to fill out the contract, there was a chute fee that was tacked on. If I would've bypassed the stallion auction and went directly through the stallion owner, the chute fee was included in the stud fee. It is what it is, but just do your homework. 



Thanks for the input! I bet this happens alot. 


I don't blame them for trying to re-coup some money. Just make sure you factor that into your maximum bid :

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OregonBR
Reg. Dec 2003
Posted 2020-01-30 11:55 AM
Subject: RE: Lowdown on stallion auctions?


Military family

Champ


Posts: 19623
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Location: Peg-Leg Julia Grimm

SSA's USED to be a great way to get a discounted breeding to some nice stallions.  You only paid for shipping semen, board and vet work over and above the purchased breeding.

But in the last 10 years, the industry (barrel) has changed to be more like the cow horse industry in that many times the stallions are not being handled by the owner. When they donate a breeding it comes with baggage (chute fee, farm fee, booking fee, etc...).   If you don't do your homework, it can turn out more expensive than going straight to the managers of the stallion. In addition, many SSA's aren't collecting the 5 panel results for the stallions, so you have to investigate that too.  I've quit bidding on breedings through SSA's because it's just too much work to protect myself from unexpected expenses. I wish this hadn't happened because SSA's are a good way to benefit the industry, get a deal on a breeding and advertise your stallion.  



Edited by OregonBR 2020-01-30 11:57 AM
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Whiteboy
Reg. Jul 2012
Posted 2020-01-30 12:59 PM
Subject: RE: Lowdown on stallion auctions?


Military family

That's White "Man" to You


Posts: 5515
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I've bought as a mare owner and sold as a stallion owner.  I won't participate on either side of it anymore.  Its cheaper/less work from the stallion side to just give them cash to be part of the program.  I'm not a fan of them at all.  

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Runninbay
Reg. Sep 2004
Posted 2020-01-30 1:32 PM
Subject: RE: Lowdown on stallion auctions?



Georgia Peach


Posts: 8338
50002000100010010010025
Location: Georgia

Whiteboy - 2020-01-30 1:59 PM


I've bought as a mare owner and sold as a stallion owner.  I won't participate on either side of it anymore.  Its cheaper/less work from the stallion side to just give them cash to be part of the program.  I'm not a fan of them at all.  


Good to know! Thank you!

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needmocash
Reg. Sep 2007
Posted 2020-01-30 2:37 PM
Subject: RE: Lowdown on stallion auctions?




100100252525
Location: Montana

WrapN3MN - 2020-01-30 9:59 AM


They can be great but you ABSOLUTELY MUST do your homework before bidding!

Contact the stallion owner and inform them you are considering purchasing a stud fee on an auction, and ask what fees will in addition.

I paid $2,000 on a stallion auction for a stallion with a $2,000 stud fee. Didn't bother me that I didn't "save" any money - I was going to breed to him regardless if I won the auction, and I liked the idea of my money going to support a barrel racing organization. However when I came to fill out the contract, there was a chute fee that was tacked on. If I would've bypassed the stallion auction and went directly through the stallion owner, the chute fee was included in the stud fee. It is what it is, but just do your homework. 


Check on live foal guarantee, re reeds, selling of breeding contract , etc.  do your homework

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okkritter
Reg. Feb 2004
Posted 2020-01-30 5:18 PM
Subject: RE: Lowdown on stallion auctions?



Extreme Veteran


Posts: 405
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I won't do it again either.   And what exactly is the farm fee supposed to cover?   Auction ad stated charge for shipped semen only.   Stallion owner was close so I hauled mare there which is what I have done before since I had bred mares in the past with this stallion owner.   I was always charged individually for each semen insemination, ultra sounds, board, and any thing else that was done in addition to the breeding fee.  But since this was won through an auction I was hit with a $300 farm fee also.    SMH.

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wyoming barrel racer
Reg. Apr 2006
Posted 2020-01-30 7:22 PM
Subject: RE: Lowdown on stallion auctions?


Military family

Neat Freak


Posts: 11216
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Location: Wonderful Wyoming

I've bought and sold. My stallion is in 3 and this is our 2nd year selling his breedings. The first year went well. 1 ladies old mare didn't settle so we are trying again this spring. She contacted me in advance and knows what the mare care is and I still send out contracts. To me the point of a stallion auction is to get a discounted fee and/or to have a chance to breed to a stallion that has closed books.

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tllawrence64
Reg. Dec 2012
Posted 2020-01-31 9:05 PM
Subject: RE: Lowdown on stallion auctions?


Member


Posts: 40
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As long as you do your homework you shouldn't have any surprises.  

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