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These auctions are essentially an outlet for owners to relieve themselves of the financial burden of an unwanted horse. Typically owners will sell the horse to a local dealer who will then take the horse to auction.
Discuss terms of the agreement with your agent and get them on paper before you begin looking at horses. Standard commissions range between 10 percent and 15 percent and may apply to both the buyer's and seller's agents. Agree ahead of time what your budget will be and if the commission must be included in your budget.
Essential Steps Shopping for a HorseDefine your budget and goals. Before you start shopping, be realistic about what you want and need in your next horse.Do your research.Try the horse before you purchase it.Study the horse's pedigree.Always do a pre-purchase exam.
The more accurately you describe your horse, the more likely it will be that you'll find a suitable buyer faster. The ad should draw attention to anything that makes your horse special colour, skills, temperament etc....Keep it simpleHeight.Breed.Sex.Age.Price.Telephone numbers.The area where the horse is located.
A horse does not have to be registered with a breed registry to be registered with CDS. However, if your horse is registered with a breed registry, please submit a copy of the breed registry papers so that pedigree and breeder information can be recorded with CDS and considered official.