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 Expert
Posts: 2097
 
Location: Deep South | runnink - 2016-05-24 12:07 PM
location has to be factored in as well...I have a 9yo decently papered mare that has been used at playdays but is more broke than anything and we moved on to more patterned/seasoned horses (owned her since she was one). she'd make a good head horse and an awesome trail horse. although she is not for sale, there is no way that i'd expect to get over $2000-2500 for her as she is and would price her accordingly.
$4-5k for a broke horse with no real job seems a little extreme to this southerner adjacent to the MS river. I guess I could see horses bringing that in TX/OK or in the mid-west as they would be used to day work on ranches
I just sold a 4yo mare, nothing special on her papers, that was gentle as a puppy dog, anyone could ride her, very nice handle on her, but she had not been started on any kind of job yet for $5500. They drove from Oklahoma to get her. |
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 Good Grief!
Posts: 6343
  
Location: Cap'n Joan Rotgut.....alberta | They are only overpriced when a person cant afford them....lol...M |
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 Extreme Veteran
Posts: 434
Location: Northwest Florida | I'm thankful to see prices rising! I agree some people overprice their horses, but that may be my opinion on the horse, and someone out there may be willing to pay that. |
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  Northern Chocolate Queen
Posts: 16576
Location: ND | Last fall I sold a gorgeous buckskin gelding that I'd had since he was a couple months old for $7500. He was just a trail horse, has no desire to go fast or work, but was good looking & beyond safe. The gal that bought him flew to ND from TX to try him. I had a list of over 20 people wanting to try this horse so no he was not over priced & I could have easily have gotten more. Truly broke and safe horses are worth a lot of money. |
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Regular
Posts: 62
| I just sold a very nice gelding. He is a 10 year old appendix bred gelding going strong on the barrels, showing lots of potential. Been through the poles but needed work and he was an awesome ranch horse that I could rope off of. He was little quirky, nothing dangerous but not a beginners first horse. I was starting to think I was crazy asking $5500 for him but you know I was in no rush to sell him and having fun running him in the mean time. A friend of mine tried him out and just loved him. So she bought him for what I was asking. He is in the perfect home and I can see him all the time. I enjoy watching her run him and improve on him and he loves her more than he probably ever loved me. HAHA but seriously I am glad I didn't budge on price and found him the perfect home. Some times that is more of win than money sold for. IMO |
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 Extreme Veteran
Posts: 310
Location: North Dakota | If you think a sound, safe horse for $4000 or less is overpriced, try paying 10x that for a hospital bill instead. I had a sour pig in training flip over on me and that hospital bill was well over $40,000 3 ankle surgeries later. Good horses are worth their weight in gold and take time and money to get them to that point. Therefore they are priced accordingly. Everyone wants something for nothing these days. The majority of the people who complain about prices want the horse, but can't afford it. If the horse is truly over-priced, the market will tell the seller that, As they will see it sit for a long period with little to no bites. |
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 Expert
Posts: 2335
Location: IL | shakeit0410 - 2016-05-24 3:01 PM If you think a sound, safe horse for $4000 or less is overpriced, try paying 10x that for a hospital bill instead. I had a sour pig in training flip over on me and that hospital bill was well over $40,000 3 ankle surgeries later. Good horses are worth their weight in gold and take time and money to get them to that point. Therefore they are priced accordingly. Everyone wants something for nothing these days. The majority of the people who complain about prices want the horse, but can't afford it. If the horse is truly over-priced, the market will tell the seller that, As they will see it sit for a long period with little to no bites. I think a sound, safe horse, that is broke, is not over priced at $4000. It's the not broke, grade, and super thin horses for $4000 is what blows my mind. People that know good horses will find good affordable horses.
Edited by merdth6 2016-05-24 3:10 PM
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 That's White "Man" to You
Posts: 5515
| I bought a yearling in 1998 for $1500 and I thought that was way too much for any horse. I was of coarse only 13 at the time.
Edited by Whiteboy 2016-05-24 3:36 PM
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Elite Veteran
Posts: 729
Location: south central usa | SaraJean - 2016-05-24 2:32 PM
Last fall I sold a gorgeous buckskin gelding that I'd had since he was a couple months old for $7500. He was just a trail horse, has no desire to go fast or work, but was good looking & beyond safe. The gal that bought him flew to ND from TX to try him. I had a list of over 20 people wanting to try this horse so no he was not over priced & I could have easily have gotten more. Truly broke and safe horses are worth a lot of money.
this would the locational theory...could someone in Mississippi expect to garner $7500 for a trail horse? there may be examples of it occurring, but I would lean more on the side of it being the exception and not the rule. |
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Elite Veteran
Posts: 729
Location: south central usa | BamaCanChaser - 2016-05-24 1:02 PM
runnink - 2016-05-24 12:07 PM
location has to be factored in as well...I have a 9yo decently papered mare that has been used at playdays but is more broke than anything and we moved on to more patterned/seasoned horses (owned her since she was one). she'd make a good head horse and an awesome trail horse. although she is not for sale, there is no way that i'd expect to get over $2000-2500 for her as she is and would price her accordingly.
$4-5k for a broke horse with no real job seems a little extreme to this southerner adjacent to the MS river. I guess I could see horses bringing that in TX/OK or in the mid-west as they would be used to day work on ranches
I just sold a 4yo mare, nothing special on her papers, that was gentle as a puppy dog, anyone could ride her, very nice handle on her, but she had not been started on any kind of job yet for $5500. They drove from Oklahoma to get her.
depending on how far from OK you are -- there had to be some reason for the buyer to "drive by" numerous horses that have the same credentials --- I have nothing against people being able to get their asking price---no matter how far above or below the perceived market price range. for every horse that has no job and is broke and ready to move on... we have all also seen horses in the same price range (that have been taken care of and not blown up) with extensive training in some area, whether it be barrels, roping or a cutting horse flunkie.
and yes , although I agree the horse market has improved, as a seller, I wouldn't expect to be able to touch the $3-4k range with a horse that is slightly above a trail horse - then again I do my best to talk down my horses... :-)
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 The Vaccinator
Posts: 3810
Location: Slipping down the slope of old age. Boo hoo. | Good, broke, safe and PRETTY horses bring a lot of $$. |
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The Vaccinator
Posts: 3810
Location: Slipping down the slope of old age. Boo hoo. | shakeit0410 - 2016-05-24 3:01 PM
If you think a sound, safe horse for $4000 or less is overpriced, try paying 10x that for a hospital bill instead. I had a sour pig in training flip over on me and that hospital bill was well over $40,000 3 ankle surgeries later. Good horses are worth their weight in gold and take time and money to get them to that point. Therefore they are priced accordingly. Everyone wants something for nothing these days. The majority of the people who complain about prices want the horse, but can't afford it. If the horse is truly over-priced, the market will tell the seller that, As they will see it sit for a long period with little to no bites.
Earlier this week someone sent me a cartoon you tube video with two characters....one wanted to by a world quality horse for $3500. The second character was the seller who had super nice horses, trained, etc. with the lowest price horse at $25,000. The "conversation" is hysterically funny -- and, sadly, so true. If I can find it, I'll post a link.
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 Accident Prone
Posts: 22277
Location: 100 miles from Nowhere, AR | runnink - 2016-05-24 3:21 PM SaraJean - 2016-05-24 2:32 PM Last fall I sold a gorgeous buckskin gelding that I'd had since he was a couple months old for $7500. He was just a trail horse, has no desire to go fast or work, but was good looking & beyond safe. The gal that bought him flew to ND from TX to try him. I had a list of over 20 people wanting to try this horse so no he was not over priced & I could have easily have gotten more. Truly broke and safe horses are worth a lot of money. this would the locational theory...could someone in Mississippi expect to garner $7500 for a trail horse? there may be examples of it occurring, but I would lean more on the side of it being the exception and not the rule.
Yes, someone in MS could do this, BUT it's doubtful that the buyer will be local. |
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The Vaccinator
Posts: 3810
Location: Slipping down the slope of old age. Boo hoo. | Here is the "buyer from hell" cartoon video. Enjoy.
https://www.youtube.com/watch?v=wjX6UJXQKEw&feature=youtu.be
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 I Prefer to Live in Fantasy Land
Posts: 64864
Location: In the Hills of Texas | SaraJean - 2016-05-24 2:32 PM Last fall I sold a gorgeous buckskin gelding that I'd had since he was a couple months old for $7500. He was just a trail horse, has no desire to go fast or work, but was good looking & beyond safe. The gal that bought him flew to ND from TX to try him. I had a list of over 20 people wanting to try this horse so no he was not over priced & I could have easily have gotten more. Truly broke and safe horses are worth a lot of money.
And he was worth every penny!  |
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 Elite Veteran
Posts: 678
Location: Canada | Right or wrong people will pay WAY MORE for "pretty."
I think a truly well broke horse will bring $4000-5000 and if the horse is a Pal/Buckskin/Blue roan etc the price is even higher then that. |
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Elite Veteran
Posts: 729
Location: south central usa | Three 4 Luck - 2016-05-24 4:05 PM
runnink - 2016-05-24 3:21 PM SaraJean - 2016-05-24 2:32 PM Last fall I sold a gorgeous buckskin gelding that I'd had since he was a couple months old for $7500. He was just a trail horse, has no desire to go fast or work, but was good looking & beyond safe. The gal that bought him flew to ND from TX to try him. I had a list of over 20 people wanting to try this horse so no he was not over priced & I could have easily have gotten more. Truly broke and safe horses are worth a lot of money. this would the locational theory...could someone in Mississippi expect to garner $7500 for a trail horse? there may be examples of it occurring, but I would lean more on the side of it being the exception and not the rule.
exactly.
agreed it could happen (anything is possible) yet does it? I'm just saying the exceptions are not indicative of a market average.
most sellers aren't going to come on a forum and say that they had to dump a solid broke horse because it couldn't sell at a higher price. |
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 Expert
Posts: 1395
Location: Missouri |
Bahaha! I'm rolling over here...too funny! |
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Accident Prone
Posts: 22277
Location: 100 miles from Nowhere, AR | runnink - 2016-05-24 4:33 PM Three 4 Luck - 2016-05-24 4:05 PM runnink - 2016-05-24 3:21 PM SaraJean - 2016-05-24 2:32 PM Last fall I sold a gorgeous buckskin gelding that I'd had since he was a couple months old for $7500. He was just a trail horse, has no desire to go fast or work, but was good looking & beyond safe. The gal that bought him flew to ND from TX to try him. I had a list of over 20 people wanting to try this horse so no he was not over priced & I could have easily have gotten more. Truly broke and safe horses are worth a lot of money. this would the locational theory...could someone in Mississippi expect to garner $7500 for a trail horse? there may be examples of it occurring, but I would lean more on the side of it being the exception and not the rule. exactly. agreed it could happen (anything is possible ) yet does it? I'm just saying the exceptions are not indicative of a market average. most sellers aren't going to come on a forum and say that they had to dump a solid broke horse because it couldn't sell at a higher price.
Yes, it does happen. Especially if you make a really good video and it's a good looking horse that catches someone's eye. Having lots of cool buttons has helped me out too. |
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 Coyote Country Queen
Posts: 5666
| I agree that location will play a role in pricing a horse. Early in the spring we sold a 9 year old gelding that was very broke but didn't have a job. He'd been ridden a little in the pastures to doctor cattle, and used some as a pick-up horse, roped a little in the arena. Mostly he was just a big, broke, gelding. Nothing fancy. We priced him at $2,500, sold him for $2,000. And honestly, I feel like that's what a horse like him is worth. In our area anyways!
With that being said, I've sold two young prospects this year and have had people contacting me frequently to see what I have for sale. Just wish I had a barn full, because people are buying.
About over-pricing, I agree that there are plenty for sale with a price tag that does not match the horse. I just shake my head and go on, knowing that the horse will still be advertised for months to come, and eventually the seller will either drop the price to reflect the quality of the horse or give up on selling. Are they trying to make a quick buck on someone who doesn't know any better? Or do they honestly think their horse is worth that much? Who knows. On the flip side, I see a lot of horses priced at their actual value or even lower. |
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