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Janice C. Beckett
Member
Username: beckettj
Post Number: 27
Registered: 1-2000
| | Posted on Monday, Aug 27, 2007 - 3:22 pm: |   |
I have a beautiful Hanoverian gelding trained to the upper levels in dressage that I would like to sell, but don't have the marketing skills and the time to do an adequate job. There'a trainer in my area that I think would take him to sell, but I'm assuming she'll ask for a commission. What's the standard commission for something like this, and do her marketing expenses factor into the commission or are they extra? Thanks!
Janice |
Chris
Member
Username: stevens
Post Number: 369
Registered: 8-2002
| | Posted on Monday, Aug 27, 2007 - 3:40 pm: | |
I think it's going to depend on the price you set for your horse.
I paid a 10% commission to the trainer that found my new horse for me. On another purchase, there was a minimum dollar amount of the commission, which was OK with me since my agent negotiated a great price and the 10% would have been not very much. Incidentally, this was a great horse at a bargain basement price and the only one I every sold later and made money on!!
Other horses that I bought, I didn't pay a commission, but the "agents" worked something out between the two of them.
I've paid a 10% commission to sell a horse in the past that included the marketing expenses and time spent prepping the horse and showing him to interested parties. Note that this was in addition to the regular board and training fee.
Good Luck! |
Jennifer Abbott
Member
Username: 1roper
Post Number: 10
Registered: 3-2007
| | Posted on Monday, Aug 27, 2007 - 4:12 pm: | |
It totally depends upon how you set up the contract. There are lots of deals I do, where I charge a flat 75-100 consulting fee, which includes my time to assess the horse, and my marketing advertising costs. Then I charge a 10% commission. I don't always charge monthly. For instance, if it's a barrel horse that someone needs to have hauled to sell, I'll haul it, and keep what I win on it, and that is how I pay for my time in addition to the 10% for my work on screening phone calls and finding interested parties. |
Janice C. Beckett
Member
Username: beckettj
Post Number: 28
Registered: 1-2000
| | Posted on Monday, Aug 27, 2007 - 9:35 pm: | |
Chris:
Thanks for the information. That has been my impression of the custom - 10% including marketing fees and showing the horse to potential buyers. I'm probably going to be asking $35,000. I paid $31,000 for him two years ago, and have put some training and show experience into him since then.
I'm thinking that since the trainer is also the owner of my boarding stable, I'm already paying board, and I can still ride him - keeping training costs to a minimum.
Thanks for your input. I really appreciate it.
Janice |
Janice C. Beckett
Member
Username: beckettj
Post Number: 29
Registered: 1-2000
| | Posted on Monday, Aug 27, 2007 - 9:38 pm: | |
Jennifer:
Thanks to you as well. It's nice to know that it's possible to be flexible within limits. I guess as long as both parties feel like they're being treated fairly, they can personalize their arrangement to fit their needs. |
