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Location: Keeping up with the numbers! | If someone wanted a 10% commission on a horse you had for sale what would you expect them to do to earn the commission? Just telling another individual? Showing the horse? What would be your expectation/s?
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 Saint Stacey
 
| Â If someone sends a buyer your way, they are entitled to a commission because you wouldn't have sold the horse to that particular party without them sending the person to you in the first place. |
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 Own It and Move On
Location: The edge of no where | SKM - 2014-12-01 10:00 AM If someone sends a buyer your way, they are entitled to a commission because you wouldn't have sold the horse to that particular party without them sending the person to you in the first place.
^^ I'll pay as long as they made the connection. They don't need to actually show the horse or be involved with negociating. |
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 Jr. Detective
Location: Beggs, OK | I got a check in the mail for 10%of the purchase price just this weekend. We tried the mare back in July and we bought a gelding instead. I told an acquaintance of mine about the mare and she bought her. The ranch manager texted me recently asking for our address and I assumed it was for a Christmas card. We pay 10% even if our trainer sells a horse for us and he's getting paid to ride it as well. |
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 Expert
Posts: 3815
Location: The best kept secret in TX | I used to trade horses a lot. For someone to earn commission off that horse they had to haul, ride, show, and care for the horse that was for sale. I provided diesel, feed, and hay, and also tack. I set a price on the horse they had to attain in order for them to earn 10% commission. They also had a time frame before I took the horse back to give to someone else for commission.
(For example all my colts had to be $3,000 or they didn't get 10% they got 5% for anything less than $3,000 because that's what I had in my colts.)
The system worked really well for me. It gave them incentive. Most of the time they were just College students looking for extra cash for school. It worked pretty well since I work a lot and don't have time to show or market them. |
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Location: Keeping up with the numbers! | Thank you for all the replies. I am generally not on the selling end. |
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Miracle in the Making
Posts: 4013
| i disagree 10% for a phone call nope to much 10% for hauling around and actually doing something yes
but as a disclaimer that needs to be worked out ahead of time.
every situtation is different |
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Expert
Posts: 3147
| vjls - 2014-12-01 12:27 PM
i disagree 10% for a phone call nope to much 10% for hauling around and actually doing something yes
but as a disclaimer that needs to be worked out ahead of time.
every situtation is differentÂ
A telephone call that results in a sale deserves something, but I, too, think 10% is too much. I sent 5% to the person who gave my number to the eventual buyer. She said she didn't expect anything, but I felt she did. |
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 Elite Veteran
Posts: 1119
| Not to steal the thread, but what do you think of this situation:
My friend is currently trying to sell a fox trotter gelding - horse is at her house and she is paying for all care and feed, plus riding. Owner wants $1100. Friend is marketing the horse at $1500. Owner says she will only pay 10% regardless of sale price of horse. I told friend she should just send the horse back to the owner because she is going to lose money on the deal (she has already had the horse over a month). |
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Jr. Detective
Location: Beggs, OK | 10% isn't near enough in some situations.... 10% makes it worth while for the price range that I'm talking about. I've also sold horses for people and gave them what they were asking with the understanding that I kept whatever I made over the asking price. The commission that I just received I feel was deserved as the horse was bought off of my word that she was exactly what they said she was, and some pictures. The new owner had her shipped to her several states away. |
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Jr. Detective
Location: Beggs, OK | MissouriJen - 2014-12-01 1:36 PM Not to steal the thread, but what do you think of this situation:
My friend is currently trying to sell a fox trotter gelding - horse is at her house and she is paying for all care and feed, plus riding. Owner wants $1100. Friend is marketing the horse at $1500. Owner says she will only pay 10% regardless of sale price of horse. I told friend she should just send the horse back to the owner because she is going to lose money on the deal (she has already had the horse over a month).
That's a no brainer...the owner will only pay a maximum of $150? Your friend has already lost money. Send him home and tell the owner that she owes for a training bill and board. |
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 Cute Little Imp
Posts: 2747
Location: N Texas | This is a very interesting thread...if I told someone of a horse and they ended up buying it, I would never expect to receive any commission from the seller, because I put forth zero effort. |
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 Morale Booster!!
Posts: 1459
| Had this happen to me. I told some people about a very nice horse, called the owner and talked to her about them and about the horse to see if I thought it would work. The friends I told, bought this horse for a huge amount of money. I feel like I should have gotten the commision since I was the one that sent them her way. Granted she probably would have sold the horse to someone else, but it was my people that contacted her and bought the horse. I think I was owed something.. Lesson learned, I just wont tell anybody else without first stating what I want if the deal goes through. |
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 Member
Posts: 21
| If you call someone and ask them to help you sell the horse, even if it is just a phone call, pay them the 10%!! Most likely the person that bought the horse trusted that person enough to go and buy it. If you don't want to pay the commission do not ask anyone for help. If someone helps sell it and has not made arrangements, and you have not asked, that is totally different. but if you asked, you pay..... |
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 I Don't Brag
Posts: 6960
| Gunner11 - 2014-12-01 2:30 PM
This is a very interesting thread...if I told someone of a horse and they ended up buying it, I would never expect to receive any commission from the seller, because I put forth zero effort.
I'm with you. When I was looking at horses out in Oklahoma about 10 years ago, I was appalled at what people expected just for telling you about a horse they actually had nothing to do with. Example: Someone comes to try a horse at a jackpot and someone watching sees that said horse is for sale. That person tells someone else, who contacts owner, tries and buys the horse. Now you had, the original "broker", the jackpot attendee AND the attendees friend ALL demanding a 10% commission. That is just plain crazy!! If I was selling the horse, I had no control of who saw the horse and who called who. I would have only paid who I "contracted" with to sell the horse.
I expect that a broker I deal with actually show the horse to prospective buyers at the very least. |
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 Elite Veteran
Posts: 1062
Location: Probably On the Road to the Next Barrel Race! | Gunner11 - 2014-12-01 2:30 PM This is a very interesting thread...if I told someone of a horse and they ended up buying it, I would never expect to receive any commission from the seller, because I put forth zero effort.
I disagree...I spent a LIFETIME developing a newtork of barrel racing people, countless hours and tons of money riding, hauling, teaching, training, showing. If I put two people together on a horse deal, it's worth every penny of 10%. Without that tip, the sale doesn't go through, why shouldn't I be paid? I am not a 'professional", but I certainly feel anybody that can get your horse SOLD is worth it. Zero effort? How about 40 years worth of effort?
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I Don't Brag
Posts: 6960
| CrossCreek - 2014-12-01 9:37 PM
Gunner11 - 2014-12-01 2:30 PM This is a very interesting thread...if I told someone of a horse and they ended up buying it, I would never expect to receive any commission from the seller, because I put forth zero effort.
I disagree...I spent a LIFETIME developing a newtork of barrel racing people, countless hours and tons of money riding, hauling, teaching, training, showing. If I put two people together on a horse deal, it's worth every penny of 10%. Without that tip, the sale doesn't go through, why shouldn't I be paid? I am not a 'professional", but I certainly feel anybody that can get your horse SOLD is worth it. Zero effort? How about 40 years worth of effort?Â
If you make that call on my behalf without my knowledge or agreement then you deserve nothing IMHO.
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 Elite Veteran
Posts: 754
Location: Arkansas | rodeoveteran - 2014-12-01 9:46 PM CrossCreek - 2014-12-01 9:37 PM Gunner11 - 2014-12-01 2:30 PM This is a very interesting thread...if I told someone of a horse and they ended up buying it, I would never expect to receive any commission from the seller, because I put forth zero effort. I disagree...I spent a LIFETIME developing a newtork of barrel racing people, countless hours and tons of money riding, hauling, teaching, training, showing. If I put two people together on a horse deal, it's worth every penny of 10%. Without that tip, the sale doesn't go through, why shouldn't I be paid? I am not a 'professional", but I certainly feel anybody that can get your horse SOLD is worth it. Zero effort? How about 40 years worth of effort?
If you make that call on my behalf without my knowledge or agreement then you deserve nothing IMHO.
I agree with rodeoveteran--I think the person who made the call, etc is entitled to whatever was agreed upon beforehand, be it $5 or 50%. If someone took it upon themselves to tell someone else about the horse, then they aren't entitled to anything, because there was no agreement. I myself would probably send a $25-$100 gift card (depending on price of horse) out of appreciation, but not becuase I had to. |
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  Neat Freak
Posts: 11216
Location: Wonderful Wyoming | Value of the horse should mean something too. I have had Teri Dinnell on CircleDhorses.com list some of mine. Her website is fantastic and she lists them all over facebook. She has a flat %. I did sell an older mare for next to nothing and she told me a different $ to send her as she felt 7% was too much for such a low price. I was just happy to find the mare a good home.
As someone that has marketed for a few people around me, I would think 10% of a $1000 horse isn't worth my time. It takes just as much if not more time, due to all the idots that call on a $1000 horse than it does on a $10,000 horse. But as the owner, anything over 10% and you are practically giving the horse away. I think it just depends on the situation and make sure everything is talked out ahead of time.
Edited by wyoming barrel racer 2014-12-02 8:50 AM
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Location: OK | What ever the deal it needs to be agreed upon up front. I have seen where two people expected 10% becasue one told the other and then the 2nd person made a phone call. I do not feel that a phone call alone should expect 10%. For the 10% the agent needs to be hands on involved in the sale. |
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