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Commission on selling a horse?

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Last activity 2014-06-09 10:56 PM
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hammer_time
Reg. Jul 2007
Posted 2014-06-09 6:53 PM
Subject: Commission on selling a horse?



Money Eating Baggage Owner


Posts: 9586
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Location: Phoenix
 I know the norm is like 10-15%.  

But what if the person selling the horse is...
--a family member or a close friend;
--has been the one showing/advertising the horse;
--has been at their house on a feed-lease basis;

....then what would you say percentage-wise?
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1left2right
Reg. Dec 2003
Posted 2014-06-09 6:56 PM
Subject: RE: Commission on selling a horse?


Mrs. Txdad


Posts: 14084
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 30-60%....depending on how much you like them ;)
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osu_barrelracer
Reg. Jul 2008
Posted 2014-06-09 7:02 PM
Subject: RE: Commission on selling a horse?



Elite Veteran


Posts: 684
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Location: Oklahoma
 Maybe pick an amount you want to get for the horse, then anything they sell it for over, is theirs.
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Just Bring It
Reg. Oct 2003
Posted 2014-06-09 7:08 PM
Subject: RE: Commission on selling a horse?



Husband Spoiler


Posts: 4151
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Location: North Dakota
osu_barrelracer - 2014-06-09 7:02 PM  Maybe pick an amount you want to get for the horse, then anything they sell it for over, is theirs.

I have sold a horse this way. It worked out pretty well for both of us. It works if you don't want much but if you are wanting a fairly high price then it is a bit unfair to the other partner.  
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jbhoot
Reg. Jan 2010
Posted 2014-06-09 7:13 PM
Subject: RE: Commission on selling a horse?



Proud to be Deplorable


Posts: 1929
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Did you set a price before you leased the horse to them? The reason I ask is that I have done this several times. The way I do it is I get the what ever we agree that the horse is worth at the time we start. than split what they can get out of the horse after promoting it. I have done this with three different trainers several times. Everybody seems happy.

Edited by jbhoot 2014-06-09 7:29 PM
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hammer_time
Reg. Jul 2007
Posted 2014-06-09 7:46 PM
Subject: RE: Commission on selling a horse?



Money Eating Baggage Owner


Posts: 9586
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Location: Phoenix
 We've got a price we'd like to get, and a minimum that we'll sell for.  Maybe I'll do the thing where if they sell over the minimum than it's theirs after that.....hmm.  
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Morab76
Reg. Feb 2008
Posted 2014-06-09 10:11 PM
Subject: RE: Commission on selling a horse?


Military family

Ms. Manners


Posts: 1820
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Location: Oklahoma
Whatever you decide, keep communication channels wide open and ensure both sides fully understand what is expected from them and what they will get from a sale.  Nothing will send a friendship down the drain faster than a hurt felings from a bad deal or misunderstanding where money is concerned.
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wyoming barrel racer
Reg. Apr 2006
Posted 2014-06-09 10:15 PM
Subject: RE: Commission on selling a horse?


Military family

Neat Freak


Posts: 11216
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Location: Wonderful Wyoming
hammer_time - 2014-06-09 6:46 PM  We've got a price we'd like to get, and a minimum that we'll sell for.  Maybe I'll do the thing where if they sell over the minimum than it's theirs after that.....hmm.  

This usually works the best and everyone is happy 
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rodeowithjoker
Reg. Jun 2006
Posted 2014-06-09 10:56 PM
Subject: RE: Commission on selling a horse?



Am I really the Weirdo?


Posts: 11181
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Location: Kansas
I got a 30% commission on the pony I sold for friends last month. The pony was at their house but I did have to drive out (25 miles each way) and ride him a few times plus haul him to the local arena for potential buyers to try, so I really just recouped my gas and a little bit for my trouble. He wasn't a high priced pony and I think the buyers got a great deal.
I've got a small quarter horse at my house right now that the same friends own and need to sell because they don't have time to ride and I'm expecting a similar commission when I get him sold. Right now I need to ride him more than once every 3 weeks and get a better idea of what he is before I advertise him, but I need it to stop raining or I'll have to swim him instead LOL.
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