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 Expert
Posts: 1631
   
Location: Somewhere around here | Lets say your selling a horse for $10,000(hypothetical numbers), wanting to get $9,000 originally because you think the horse is worth it. Time goes by and you now drop your price to $8,000. You have some nice people interested and they liked what they saw and want the horse but are offering $7,000. You already feel like the horse is worth more but you know that he would (hopefully) go to a good home. What do you do?  |
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Expert
Posts: 2685
| Decide if that $1000 is worth keeping the horse or not honestly. I kept a horse over $500 because I refused to take less than a certain amount and had no problem keeping her. On the other hand, I have a mare that if the perfect owner offered me less than I want, given who she is, I would probably sell her for the quality of home rather than person that offers me the most. It all depends on how you feel about the horse really. |
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  Warmblood with Wings
Posts: 27846
Location: Florida.. | If horse is for sale for 8000 its only 1000 less.. if its a good pair then yes id sell.. Horse may be worth to you 10,000 but it didnt sell at that .. and dropped to 8,000 .. depends on if you are wanting to sell quickly or hold onto horse.. |
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 Extreme Veteran
Posts: 434
Location: Northwest Florida | Maybe meet them in the middle at a firm $7500? It just depends on if it's worth it to you and how badly or quickly you want to move her. Given the time of year, it's very possible if you hold on to her longer you could get what you're asking if that's truly what she's worth. We are approaching my favorite time of year to sell. I do always price with room to come down, so if $8000 is absolutely your bottom dollar then I might at least price her at $8500. |
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 Friendly horse swapper
Posts: 4122
Location: Buffalo, TX | I would sell. I sell a lot of high $$$ trailers on consignment, and I tell my customers not to let $1000 ruin a sale....if they don't listen, they normally end up taking even less in the long run, but at least a trailer doesn't eat while you are waiting for it to sell.... |
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Expert
Posts: 2531
Location: WI | How long before you put another $1000 into the horse? For me it's only a few months, so I would probably sell. |
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Expert
Posts: 1226
| i would sell. Especially if you like the people and the horse will go to a good home. You could wait and get what you want but maybe the people would not be as nice or not a good fit. Selling is always so hard |
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 Expert
Posts: 4625
Location: Desert Land | I am going through that right now on the other side of the fence from the OP. I have been watching a mare locally for sale since the summer time. She has slowly dropped the price a few times and finally I inquired about the mare in November and was up front with the seller in telling her that I am sending a horse through a sale and if he brings what I need him to, I would have the money to buy the mare. She said she understood, no problem, come try the mare. I tried her and loved her – unfortunately the colt didn’t sell like I had hoped and I told her that I wouldn’t be able to buy the mare. She told me to make an offer on the mare. I made an offer of about half of what she was asking. I told her that was NOT what I thought the mare was worth, but what I had in hand cash money that I could afford to spend right now without putting myself in a bind. She declined the offer and I totally understand. She has hit me up several times since then to see if I could come in with more money or even to make payments. I told her my offer is still good, but I just can’t do any more than what I offered. She knows it’s a good home and I won’t run the hide off the mare. She has had a couple of people come try her, but hasn’t had any other offers on the mare other than mine because the mare is older and does require some maintenance that people seem to be really put off by (I however don’t mind). I have this gut feeling she will call me soon to come pick up the mare (or at least that’s what I’m hoping, LOL) |
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 The Color Specialist
Posts: 7530
Location: Washington. (The DRY side.) | A horse is only "worth" what someone is willing to PAY.
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 Namesless in BHW
Posts: 10368
Location: At the race track with Ah Dee Ohs | RacingQH - 2016-02-24 12:34 PM A horse is only "worth" what someone is willing to PAY.
^^^THIS |
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 Expert
Posts: 3534
Location: Stuck in a cubicle having tropical thoughts | Sell! Unless the horse is one of those once in a lifetime types, there is always another horse. but there might not always be another buyer with the cash and a good home. I learned a hard lesson once. I was at an overnight show and somebody came up to me interested in my mare. They asked me to price her and I said I'd think about it overnight. I had a really great run the next day and priced her high enough that it would be worth it to move her but If I didn't I kinda wanted to keep her. THey passed. I knew I overpriced her. Things went down hill the following years and I couldn't sell her if my life depended on it. I ended up selling her for $1000 and a Diamond tennis bracelet that needs repairs. i figured diamonds don't eat. I still haven't gotten the bracelet fixed. In fact, The links are so loose the jeweler said I need to buy a new bracelet and have the diamonds moved which will be at least $1000 so I've had that bracelet in a bag for 7 years now. I did have stud earrings made for me and my mom from the diamonds in the bracelet!!!!
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 Expert
Posts: 3814
Location: Where cold is the normal | Your horse to you is worth $10,000 easily and you have it for sale hoping to move it for some good cash. Ok now I'm your buyer and to me your horse is only worth $7,000. Here's the thing, I'm your buyer (not really bear with me) and you have an offer on the table. Unless you have more buyers out there waiting on this horse at a better price I would seriously consider it before they find something else to spend that 7K on.
Just my my opion of course. |
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Elite Veteran
Posts: 634
| RacingQH - 2016-02-24 12:34 PM
A horse is only "worth" what someone is willing to PAY.
 TRUE!!!!!!! |
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 Veteran
Posts: 158
| I always try to think, If I was to take this offer (in your case 7k) and go out and purchase a horse, would it be impossible to find another as nice as the one I am selling for 7k? If you don't have confidence in that then I would say dont sell.... I have talked myself into selling a few horses for under what I felt was worth just because I didn't hold out a little longer.
I was asking 5k for a filly a few years back, put her on FB and didn't get ANY bites, got desperate and sold her for 2500 to a friend, made me want to cry but I thought heck no one else is interested I must just think too highly of her. Few weeks later I found my "other" folder in FB messages where SEVERAL local people had messaged me offering full price for her.. I knew she was worth it but panicked and didn't trust my gut and it bit me in the @$$! |
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Elite Veteran
Posts: 634
| cecollins0811 - 2016-02-24 6:47 AM
Lets say your selling a horse for $10,000 (hypothetical numbers ), wanting to get $9,000 originally because you think the horse is worth it. Time goes by and you now drop your price to $8,000. You have some nice people interested and they liked what they saw and want the horse but are offering $7,000. You already feel like the horse is worth more but you know that he would (hopefully ) go to a good home. What do you do?
You have someone with cash in hand willing to buy the horse and give it a good home. DO IT! That horse could hurt itself 5 minutes from now and rack up a hefty vet bill or, even worse, never be able to be ridden again (aka... NOT worth $7,000 that you can get for it now). Take that money and run!  |
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Expert
Posts: 1631
Location: Somewhere around here | Thanks everyone! I'm pretty sure that's what we are going to do soon. These people really seem to like the horse and he would be going to a good family so that definitely helps with making the decision.
There going to give us a lower offer but haven't done it yet so idk even if it will be $1000 or possibly more. |
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Extreme Veteran
Posts: 324
| I was lightly advertising a mare (I REALLY wanted to keep this mare but it just wasn't practical at this time in my life) so I had her for sale. Long story short, someone made me an offer for under what I had set in my mind as my BOTTOM dollar. Took a while to think it through, but I ended up accepting. . . I knew the mare was going to a good home where she would be well cared for. . . Peace of mind that she was going to someone who was a good fit and would take good care of her made it easier for me to lose that extra $1,000 (: |
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