I let my DD's pony go on trial 3 hours away to a beautiful well-known barn. Our trainer knows the owner/trainer of the barn and thought the pony would be a good fit for their rider. We agreed to a one week trail. During this trial, they liked her and vetted her. She passed vetting. They do have her out on a one-week contract.
At the end of their trial week, they asked if they could lease her for 3 more weeks for 10% of her asking price and if all goes well they will pay asking price. We said no - they could keep her an additional week and the answer was supposed to come today. We did not want to loose out any other potential buyers by having her leave for a month.
Well, this am their trainer called and said they want a one-month lease (for 10% asking) and if things go well they will buy after a month (full asking). If we say no, come and get her today. My trainer says she would let her stay.
I am annoyed and angry at this situation. I would never have agreed to a one month trial. I do not know what to do. My DD is distraught over how long this is taking (she also is not riding because I cannot buy her a horse until her pony is sold).
I certainly do not want to loose a sale because I am angry at how this is being handled - but there is no guarantee they will actually buy her. Not sure if we are being jerked around.
You have the authority here. It is well within reason for you to say put up or shut up. It sounds like they like the pony and will probably buy her. They should know if it is a fit by now. Tell them that you need an answer now so that you can purchase another horse.
As Peter, Paul, and Mary say, a dragon lives forever.
How long was she on the market before this buyer asked for a trial? Priced competitively with no issues? If so, I'd call their bluff. You said no to them, then their trainer called to say the same thing? Has the trainer been speaking to you directly or to your trainer? Sounds like they are afraid of making a commitment - what happens if they're still afraid after the one month is over? Another month? What is the story on the buyer? I'd want some answers before even considering it.
Interesting situation. Do you have others actively interested in her right now? I mean, others who want to take her on a week trial as well?
Can you ask for a greater amount in exchange for them keeping her for a full month? Maybe 50% (or whatever, that's just a number) would make it worthwhile to you? Or ask them to buy her and offer to hold the check/refund their money less whatever % after that month?
If you don't have other interested buyers, I would consider it. If you do, and you think you can make the sale, don't. That's not much help, I know. I guess I'm concerned that a lot can happen in a month - what if they decide they don't want her in the end and you get a lame pony back?? Good luck, it's a tough call!
I have not been speaking to the buyers directly. I know nothing about them. It's all been done through my trainer and their trainer.
She has only actively been on the market for about a month (where she has been advertised). My trainer was quietly making calls about her previously to people she knew. I know that my trainer has received some calls/emails on her within the last 2 weeks but I know that you may never hear from any of them again! It's not like we have people lined up to buy her... The pony has no issues.
I asked my trainer about upping the price to lease for the month and she didn't think that was a good idea. I need to give them back an answer tonight. I am just so torn not knowing what the "right" answer is!
They should know by now whether it is a good fit riding-wise. I think you should say no. I sent a perfectly sound horse out on trial, and now it is lame. I don't know why or how it got lame, but now I can no longer say it was always sound.
If they need more time to make up their minds, they can do so while the pony is in your care and being looked at by others. The trial is over and no sale, and I don't think you have any obligation despite the vetting etc.
You took a risk sending the pony out on trial. And even if this sale doesn't work out, you have a pony that people liked and that vetted well. You are winning so far.
I'm not sure if my first post was a bit confusing, but she was on a one-week trial (which ended 1 week ago) and I let her go for another week instead of the 3 additional weeks they wanted. So they have had her for 2 weeks in total.
After their trainer knew we only were letting them have her for one additional week (with today being the deadline) they asked AGAIN for a month lease on top of these 2 weeks they already had her. This is what has me going batty!
I'm also more of the put up or shut up type too - but my trainer is not so much... I do want the pony sold - but they may not even buy her in a month.
I'd be worried, as was said above, that they'll still be wishy-washy after a month. Or they'll turn her down in a month. Or she'll be hurt in a month.
If you think she'll be hard to sell, it may be worthwhile entertaining these folks somewhat. If you don't think she'll be hard to sell, I'd get much firmer and let them buy or walk.
Maybe YOU can be the bad guy, if your trainer and the trial trainer are buddies and your trainer is trying to give them what they want, to take the pressure off of your trainer.
As Peter, Paul, and Mary say, a dragon lives forever.
Do you know WHY they want the trial extension? If they went as far as to do the PPE I would assume they are pretty serious. If they have a good reason, such as kiddo has been sick, then maybe you can work with them somehow. Maybe they had a bad previous buying experience? Are worried the pony is drugged?
I would find out WHY, and then see if you can reach a compromise.
I would make sure that if you DO leave the pony, it isn't being taken to shows to try it in a show setting without your permission...that is the only other reason I can see pushing for such a long extension.
They have not given a reason as to why. I asked my trainer and she said they did not give her a reason - only this ultimatum: one month lease or take her back home today. I am going to push her to find out why because I would like to make this work.
I believe it is because they want to take her to a big AA show the first weekend in May.... We told them during their 2 week trial that they were allowed to take her off property and they could show her but I do not believe they did.
My first thought was that they probably wanted to extend the trial so they could show her without pay show lease rates. As others have said, the longer they have her, the more likely something will go wrong. I would bring her back, especially since it's show season and DD will be stuck without a horse for at least a month if you allow them to keep the pony.
Unless you would be happy leasing her out long term rather than selling her, I think you are being taken for a ride. Just FYI, in other disciplines (such as dressage and eventing), buyers ride the horse a few times, do a PPE, and buy or decline to buy.
Leasing can go wrong so many ways. Your pony has passed a PPE and been with them for 2 weeks. I'd go get her. If she's nice, you'll find her a good home sooner rather than later. How will you feel if you allow them to browbeat you into something you didn't want? If it doesn't end in a sale, used. If it does, uncomfortable.
I think the answer should be no extension of the time to try her. They can bring her back to your barn - at their expense as they were to have a one week then two week trial. They can come to your barn and rider her if they need some additional saddle time. If they want to show her, is your trainer perhaps going to the same show? Maybe the pony can go with your trainer and your daughter can show her and the prospective buyer can rider her in a class or two to see how she reacts in a show environment.