Horse racing is a booming industry, but it’s not for the faint of heart. It takes years of hard work before any horse can race competitively. Once you’ve worked that much, you don’t want to see your hard-earned assets go down the drain because you didn’t do your homework on buyers and sellers. Here are some tips to maximize return from thoroughbred sales:
Invest in the right horses.
If you want to maximize your return on investment, then it is essential that you invest in the right horses. It may seem obvious but this isn’t always easy to do. When buying a horse, ask yourself: does this horse have potential to be a champion? Is it sound and healthy? Has it been trained by one of the top trainers at their barn? These questions will help ensure that when selling your thoroughbred later down the line, they will fetch a higher price as they are more likely to be sought after by other breeders or owners who want to breed from them or race them professionally themselves.
Find the right buyers for your horse.
When you are looking to sell a horse, it is important to find the right buyer. There are many different types of buyers that would be interested in purchasing your horse depending on their needs and preferences.
- Some buyers are looking for a certain type of horse. For example, they may be looking for young horses with speed or mature horses with stamina. Or perhaps they are searching for an experienced jumper or dressage competitor? You should look at what kind of horses these potential buyers have been buying in the past and then find out what kind of horses they want next so that you can match up those requirements with your own horse’s qualities.
- Other buyers may prefer a specific discipline over others (such as racing versus showing). If this is true for your potential customer base then make sure all relevant information about each discipline is included in any marketing materials such as advertisements or catalogs so prospective customers can easily see what type of riding activity will benefit them most from owning one particular breed over another type within its genus family tree system classification scheme.”
Consider all options before selling a horse.
Before you sell a horse, it’s important to consider all of your options. While private treaty sales are common and can be effective in getting the best price for your horse, they aren’t always the most appropriate choice.
Consider an auction sale or private treaty instead of selling your horse as a lease or option if:
- You want to maximize the amount of money you’ll get for him/her (auction sales tend to yield higher prices than leases or options)
- A buyer has expressed interest in purchasing the horse but doesn’t want any type of ownership commitment–a lease would not work well here because it requires at least some kind of long-term commitment from both parties involved; conversely, an option gives only one party rights over another’s property without any obligation on their part except paying a fee before exercising those rights
Do your homework on buyers and sellers.
You can’t do your homework on buyers and sellers unless you know the market. The first step in understanding a thoroughbred sales market is to understand its history, especially in terms of the horses that have been successful there.
In addition to knowing the history of a sale venue, it’s also important to know as much as possible about individual horses before they go up for sale–their bloodlines, their athletic ability, their temperament… everything! This will help you determine which horses are worth buying or selling based on what type of buyer or seller they’d be most suited for.
Conclusion
Selling a horse can be an exciting and rewarding experience. But it’s also important to do your homework on buyers and sellers before you finalize any deals. If you’re looking for a thoroughbred sale horse, then we hope these tips help guide you towards finding the right one!