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Factors in pricing/value

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Last activity 2015-01-30 3:31 PM
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scwebster
Reg. Mar 2013
Posted 2015-01-30 1:15 PM
Subject: Factors in pricing/value



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I didnt want to steal the other thread discussing D classifications. That is an interesting thread and it has me wondering..: What  factors do you consider when pricing a barrel horse for sale?
For example: On the other thread a price of 17K is being asked for a horse that runs in the 2d in 200 entry races consistantly. I have a young gelding that ran in the 2d in a 350 entry race his first real race, but I had estimated his value to be around 7 to 10K...
How do you decide what a horse is worth?
This is a broad question, but any feedback is helpful.


 



  
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cheryl makofka
Reg. Jan 2011
Posted 2015-01-30 2:18 PM
Subject: RE: Factors in pricing/value


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The way I see it it has a lot to do with where you live and the market.

Breeding is a big thing, especially if the horse is a mare, and even if it is a gelding some people like to say I have a DTF so they will pay more for the bloodline.

The previous horse listed for 17k is solid, whereas there is a small window for young horses, if they are a futurity prospect people will pay more, if the horse is past futurity age and not solid the price plumits.

There is risk with any young horse, you say he placed in his first race in the 2d, yes there is potential for a 1d horse, but there is also potential for the horse to blow up.

The other horse also had more stats behind some being in the 1d which also increases the value.

I also look at what the horse is running on regulation pattern, I know there are many who say they only get to run on regulation once a year, but this pattern is the only pattern that is constant over North America.

Other things that decrease value, quirks, gate issues, cribbing, medical issues (colic surgery, injections).

Things that increase value, if the horse has ran at rodeos (different experience), roping experience. How well broke the horse is.
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linds
Reg. Feb 2005
Posted 2015-01-30 2:53 PM
Subject: RE: Factors in pricing/value


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I started that other thread - I guess my general feeling is you can label a horse a #D horse when they are winning money in that D.  Because running at the top or bottom of a D makes a big difference.  The last horse I sold would run in the 2D a lot - albeit the bottom.  When she drew checks it was in the 3D, so I listed her as 3D. 
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FLITASTIC
Reg. Jun 2012
Posted 2015-01-30 3:07 PM
Subject: RE: Factors in pricing/value



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I think what it all boils down to is what someone is willing to pay. I have seen 4D horses who are consistent, sound, and let " Grandma have fun" sell for thousands more than some 1D horses.
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classicpotatochip
Reg. Mar 2011
Posted 2015-01-30 3:28 PM
Subject: RE: Factors in pricing/value



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linds - 2015-01-30 2:53 PM

I started that other thread - I guess my general feeling is you can label a horse a #D horse when they are winning money in that D.  Because running at the top or bottom of a D makes a big difference.  The last horse I sold would run in the 2D a lot - albeit the bottom.  When she drew checks it was in the 3D, so I listed her as 3D. 

I think it mostly has to do with the company you're in.

For example:

A lot of 3D horses at ANHA in Waco are clocking 17.6s on a standard pattern. You can go to a lot of places with even a hundred girls entered, and a 17.6 on a standard run will win the whole jackpot.

A lot of horses running 2D against some of the bigger names at the 500+ races can run 1D consistently or win at rodeos consistently elsewhere.

After running in Arizona, Wyoming, Utah, Idaho, Colorado, Nebraska, Oklahoma, New Mexico, South Dakota, Montana and Louisiana, at big, medium, and little shows, and running in different sized rodeos, all on different ground, different sized pens, etc, I've come to realize:

I want to know who and what horse that sale horse is running 1D, 2D, 3D, etc against, in what pen, and how consistently.
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mtcanchazer
Reg. Apr 2012
Posted 2015-01-30 3:28 PM
Subject: RE: Factors in pricing/value



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I know...it really bugs me when people advertise a horse as a 2D horse and they are running in the bottom of the 2D, tope of the 3D most of the time. I guess I expect a 2D horse to be winning checks in the 2D. Same with 1D and 3D and 4D.
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Nita
Reg. Apr 2012
Posted 2015-01-30 3:31 PM
Subject: RE: Factors in pricing/value



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cheryl makofka - 2015-01-30 2:18 PM The way I see it it has a lot to do with where you live and the market. Breeding is a big thing, especially if the horse is a mare, and even if it is a gelding some people like to say I have a DTF so they will pay more for the bloodline. The previous horse listed for 17k is solid, whereas there is a small window for young horses, if they are a futurity prospect people will pay more, if the horse is past futurity age and not solid the price plumits. There is risk with any young horse, you say he placed in his first race in the 2d, yes there is potential for a 1d horse, but there is also potential for the horse to blow up. The other horse also had more stats behind some being in the 1d which also increases the value. I also look at what the horse is running on regulation pattern, I know there are many who say they only get to run on regulation once a year, but this pattern is the only pattern that is constant over North America. Other things that decrease value, quirks, gate issues, cribbing, medical issues (colic surgery, injections). Things that increase value, if the horse has ran at rodeos (different experience), roping experience. How well broke the horse is.

This is what I was going to say. And I agree with all the rest of her post.

Consistency, sane, sound...  all big factors in pricing lower D horses.

1D Everywhere / pro caliber horses are priced differently, in my opinion.

Edited by Nita 2015-01-30 3:33 PM
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