5 tips for those wishing to sell horses at auction
Selling horses at auction can be an ideal choice for those wishing to sell the specimens they breed. However, there are some important things to consider to ensure you get the best possible price. In this article we will give you some useful tips on how to prepare your horse for auction, how to choose the right auction, how to present your horse and, finally, how to get the best price for selling your horse.
1. The first step is preparation
If you have decided that selling horses at auction is the right way for you, know that the first step is to carefully prepare one or more specimens for the event. This means making sure that your horses are in good health and that they look healthy and attractive. In many cases, a veterinary check-up is a good solution. In addition, it is important to have all the necessary documents, such as the horse’s certificate of ownership and the various required health documents.
2. Choosing the right auction
Choosing the right auction is important to get the best possible price. With this in mind, you should first research the different auction houses and find events to attend. Nowadays it is also possible to participate in online auctions that specialise precisely in selling horses.
Whatever your choice, before you physically move to sell horses at auction, check the reputation of the entity handling it and/or the event you select. Also, consider well the location of the auction, the audience that will attend the event, the rules to follow and the commission you will be charged for selling your horse.
3.The first impression that helps you sell horses at auction
The presentation of your horse at auction is an important aspect of attracting the attention of buyers and obtaining a high price. Therefore, always make sure to present the specimen professionally and attractively. The horse should be well cared for and you should also prepare an information sheet on the specimen that includes its history, performance and characteristics, as well as all relevant health information.
This way the horse will look its best, you will have a better chance of selling it to good buyers and you will start to accumulate the experience you need to sell horses at auction on an ongoing basis.
4. Methods for selling at the best price
To get the best possible return, the first thing you can do is contact the auction in advance and ask if they can provide you with information on the sale of horses similar to yours and what the average sale price was. That way you can get a first basic idea. Then you can do some research (online and otherwise) and determine the minimum price you are willing to accept.
A good presentation of the horse will help you, but during the auction you will also have to be present to answer questions from buyers. You can also offer buyers the chance to see the horse in action. In this way you will definitely be able to sell horses at auction without too much difficulty and make good money.
5. How to sell horses at auction: foals
If you want to sell horses at auction, with a preference for very young ones, the best solution is this: follow your mares carefully during their pregnancy and be present at every foaling. By doing so, you can encourage the birth of healthy, strong foals that you can carefully care for immediately after they come into the world. One of our foaling alarms can help you with this. Check out the features of the our state-of-the-art kit and do not hesitate to contact us for more information.