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Location: midwest mama | I sold a barrel horse last week for $20,000.
A friend of mine is the person who told a friend of his about my horse and it resulted in my horse being sold.
When I asked my friend how much he wanted for a commission, he said he just wanted to help me and his other friend so I didn't owe him anything. When I pressed him and told him I wanted to give him something, he said "Oh - just buy me a gift card somewhere or something."
So here's my question...........
How much do I get a gift card for? I know what the traditional commission amount is when a broker helps you sell a horse, but what do I do in this case? I don't want to insult him by giving him too little.
I've never been in this situation before. Any advice? |
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Member
Posts: 39
Location: Texarkana | I would suggest a $500 visa gift card |
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  Champ
Posts: 19623
 
Location: Peg-Leg Julia Grimm | $100 would be nice. Not too much and not too little.  |
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 Shipwrecked and Flat Out Zapped
Posts: 16390
Location: DUMPING CATS AND PIGS IN TEXAS :) | I'd go with $500. |
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 Miss Laundry Misshap
Posts: 5271
| 5% would be $1000. But I agree with the other poster of at least $500.
I kind of agree with the guy though, I wouldn't want anything for mentioning I knew a friend had something for sale. I mention things to people all the time. It's a good friend thing! |
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 Expert
Posts: 2276
Location: ohio-in my own little world with pretty ponies :) | LRQHS - 2014-05-02 12:15 PM
I'd go with $500.
I agree
Edited by lexyy12 2014-05-02 11:18 AM
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Shipwrecked and Flat Out Zapped
Posts: 16390
Location: DUMPING CATS AND PIGS IN TEXAS :) | Nateracer - 2014-05-02 11:17 AM 5% would be $1000. But I agree with the other poster of at least $500.
I kind of agree with the guy though, I wouldn't want anything for mentioning I knew a friend had something for sale. I mention things to people all the time. It's a good friend thing!
I want him to be my new friend sooooo bad lol. |
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 The One
Posts: 7998
Location: South Georgia | A $500 gift card is huge. How much Outback or Applebees (just examples) does someone need! lol You could do one of those Visa gift cards, but what the point? Why not just write the person a check at that point?
I dont know, but if the person made the comment "a gift card or something" in that manner, I'd suspect they'd not want much of anything. I'd say $100 is generous.
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Shipwrecked and Flat Out Zapped
Posts: 16390
Location: DUMPING CATS AND PIGS IN TEXAS :) | horsegirl - 2014-05-02 11:26 AM A $500 gift card is huge. How much Outback or Applebees (just examples) does someone need! lol You could do one of those Visa gift cards, but what the point? Why not just write the person a check at that point?
I dont know, but if the person made the comment "a gift card or something" in that manner, I'd suspect they'd not want much of anything. I'd say $100 is generous.
...but, $500 would say, "sell another horse for me and I'll pad your pocket again lol" |
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 Tough Patooty
Posts: 2615
Location: Sperry, OK | It's not like he helped her sell a $2,000 horse. He basically made the sell on a $20,000 horse! I personally think the $500 is the least amount I would give. Give him a gift card that can be used anywhere, they don't always have to be for dinner places...or just hand him cash! |
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 Warmblood with Wings
Posts: 27846
Location: Florida.. | ACEINTHEHOLE - 2014-05-02 12:33 PM It's not like he helped her sell a $2,000 horse. He basically made the sell on a $20,000 horse! I personally think the $500 is the least amount I would give. Give him a gift card that can be used anywhere, they don't always have to be for dinner places...or just hand him cash!
ditto |
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Shipwrecked and Flat Out Zapped
Posts: 16390
Location: DUMPING CATS AND PIGS IN TEXAS :) | Bibliafarm - 2014-05-02 11:35 AM ACEINTHEHOLE - 2014-05-02 12:33 PM It's not like he helped her sell a $2,000 horse. He basically made the sell on a $20,000 horse! I personally think the $500 is the least amount I would give. Give him a gift card that can be used anywhere, they don't always have to be for dinner places...or just hand him cash! ditto
ditto x 2.....it's $20,000!! Heck, I'd give him $500 and a case of beer. |
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Tough Patooty
Posts: 2615
Location: Sperry, OK | LRQHS - 2014-05-02 11:36 AM Bibliafarm - 2014-05-02 11:35 AM ACEINTHEHOLE - 2014-05-02 12:33 PM It's not like he helped her sell a $2,000 horse. He basically made the sell on a $20,000 horse! I personally think the $500 is the least amount I would give. Give him a gift card that can be used anywhere, they don't always have to be for dinner places...or just hand him cash! ditto
Hell, I'd probably settle for the beer! LOL!  |
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 Undercover Amish Mafia Member
Posts: 9992
Location: Kansas | LRQHS - 2014-05-02 11:36 AM Bibliafarm - 2014-05-02 11:35 AM ACEINTHEHOLE - 2014-05-02 12:33 PM It's not like he helped her sell a $2,000 horse. He basically made the sell on a $20,000 horse! I personally think the $500 is the least amount I would give. Give him a gift card that can be used anywhere, they don't always have to be for dinner places...or just hand him cash! ditto
If I were him.....I'd definitely be happy with that LOL  |
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 Angel in a Sorrel Coat
Posts: 16030
Location: In a happy place | I would say $500 too. |
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 Elite Veteran
Posts: 1118
Location: The South | I would give him $500 cash, that way you don't have to worry with picking out a gift card to a place he'd actually use it.
Congrats on selling your horse! |
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 Queen Boobie 2
Posts: 7521
| LRQHS - 2014-05-02 11:29 AM horsegirl - 2014-05-02 11:26 AM A $500 gift card is huge. How much Outback or Applebees (just examples) does someone need! lol You could do one of those Visa gift cards, but what the point? Why not just write the person a check at that point?
I dont know, but if the person made the comment "a gift card or something" in that manner, I'd suspect they'd not want much of anything. I'd say $100 is generous.
...but, $500 would say, "sell another horse for me and I'll pad your pocket again lol"
I agree! It's kind of an expensive horse, and I think $500 says "really grateful for you thinking of me".
And with one of those Visa gift cards, he can buy gas, or anything...I don't think I would want $500 worth of Applebees LOL  |
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| I brought a horse that belonged to a friend home with me from a show to show to another friend who ultimately bought the horse. I told the seller that I did it out of friendship for the both of them and I didn't want anything. She sent me a commission check in the mail anyway;. The check was tucked inside a beautiful thank you card. As it turned out, that very next week we had an emergency and the extra cash was very much appreciated! The check was $500. |
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 Reaching for the stars....
Posts: 12708
| Years ago I helped connect a high dollar young horse with his new owner. His previous owner repaid me by slamming me all over the horse world. I helped place another mid range mare with her new owner and ended up with a psycho previous owner hounding me (and the new owner) for months. So, imo, anything positive you might do is showing huge appreciation!! |
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 Elite Veteran
Posts: 984
Location: Southwest Minnesota | You can do a Visa gift card, they can be used anywhere that takes Visa. $500 seems appropriate and maybe instead of beer a bottle of Crown or something. Although, a case of beer would suit me just fine! |
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