Discussion on Selling a horse out of state.
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Message |
    
Susanne
Member
Username: scrupi1
Post Number: 50
Registered: 12-2006
| | Posted on Wednesday, Mar 11, 2009 - 7:45 pm: |   |
Hi Everyone, I was wondering if anyone could give me advice on my scenario. I have a women that lives on the east coast who is interested in buying my gelding. She has agreed to the sale price but would like the gelding to remain in training with my trainer at her barn for two additional weeks and wait to pick up the horse until April 1st. I have already paid for board but only paid up to have him trained through the end of the week and let her know that she would have to pay for continued training. Should I request that she put a deposit down and pay in full a few days prior to having him picked up, or should she pay the entire amount so that I can relinquish ownership to her and she can be responsible for the horses welfare? I want to do what is fair but I also have another offer on the table and could potentially sell the horse quicker and be through with the sale vs. waiting an additional 2 weeks. Does anyone have any advice on which direction I should proceed? Thank you!! |
Julie Masner
Member
Username: juliem
Post Number: 529
Registered: 9-2002
| | Posted on Wednesday, Mar 11, 2009 - 9:39 pm: | |
Well, given the market conditions, I think I would tell both potential buyers that since you have two offers, the first one with the cash takes the horse. When I say cash, I mean CASH. Not a check--only a cashiers check, cash or a money order drawn on a bank that has a branch near you. Don't transfer the papers until the funds are cleared. There are unfortunately scammers, people who write bad checks, etc. I've even sold a horse, taken a deposit, and after three months finally returned the deposit and sold the horse to someone else since they never came up with additional money. If you wait until April first, pass up the second buyer and the first one doesn't show--that's happened to me too--you could still own this horse next year. Of course, you also have to take into consideration the home situations and weigh that as well. I just turned down a full price offer for a two year old because I felt the lady was not experienced enough for a two year old cutting/reining bred filly. And I bet this time next year I'll still own that horse and be wishing I hadn't been so judgemental! |
Chris
Member
Username: stevens
Post Number: 727
Registered: 8-2002
| | Posted on Wednesday, Mar 11, 2009 - 11:11 pm: | |
If lady #1 has agreed to buy the horse, she should pay you for the horse in full, not when she picks him up. In addition to her actually then being responsible for his expenses, she is also then liable for any damage he may do and not you.
I sold a horse once to a lady who imported him to France. He stayed at the trainer's for at least 1 month after I sold him. I had turned the papers over to the trainer to forward to the new owner after I was paid. It was a good thing because the horse was in France before the trainer was paid for his board and training and trailering to the export site. By giving the trainer the papers, I had given her some leverage to get paid. |
