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Upswing in OTTB Sales Any Comments

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  • #41
    Originally posted by Couture TB View Post
    You could spend 1K on a horse and turn around and ask and get 15K. And flip side is you could spend 20K on a horse and later give it away.
    Ain't that the truth!
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    • #42
      Couture, I agree 100%. I also think that a lot of OTTBs are underpriced. I specialize in Connemara crosses and I rarely can find one in the price range of the OTTBs.

      ann

      Originally posted by Couture TB View Post
      Why should the people reselling not be able to ask higher prices? They, and yes in my case it would be we, take quite a bit of risk in buying the horses and then seeing what they will end up being. Due to being in WI I have never went to see a any of the TBs I bought before purchase. I use to actually buy them buy the trailer load to resell as Pony Club horses etc. But when the market went down for OTTBs I stopped buying that many a year.
      Yes,if I have a horse that is showing potential for something and is sound and going well w/t/c and jumping I am going to ask what I feel the horse is worth, even if I got it for cheap or free. The purchase price has nothing to do with the sale price. You could spend 1K on a horse and turn around and ask and get 15K. And flip side is you could spend 20K on a horse and later give it away.
      Last edited by Winding Down; Feb. 2, 2013, 08:37 AM. Reason: I know how to speel Connemara, LOL
      -Ann

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      • #43
        Originally posted by ahbaumgardner View Post
        Couture, I agree 100%. I also think that a lot of OTTBs are underpriced. I specialize in Conemara crosses and I rarely can find one in the price range of the OTTBs.

        ann
        I agree too. A horse with good training is a horse with good training, and can be priced as high as the market can bear....no matter what the breed or career at beginning of life.

        It's great that TB's can be a "budget buy" if you find them on the track....that unfortunately hurts them later on 'cause even if you've got a TB at 4th level jumping 4'6'' courses, you get people saying "Oh, it's "just" a TB, your price is too high."

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        • Original Poster

          #44
          I just sold 4 into AA show hunter homes and have sold several to the big time AA jumper buyers all for solid prices...and have orders for more but that type of horse is very particular and has to be just that special...

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          • #45
            The resellers markup has to cover overhead and the risk and the ones that either don't or can't sell and the ones that turn out to need alot more time. With a reseller you are also paying for the lifetime's worth of experience. They have purchased from a solid and reputable track trainer. They have researched and possibly found where the horse was originally started know they were broke right the first time. They know the pedigrees and know people on track who can offer thumbs up or down regarding the health or soundness or attitude of the horse. They start with the right stuff.
            When you shop, you can get on the horse, poke it and prod it and see how it handles a non racing set up. You can free school it and spend time with the seller. You cannot do any of that at the track.
            F O.B
            Resident racing historian ~~~ Re-riders Clique
            Founder of the Mighty Thoroughbred Clique

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            • #46
              IMO, for what it's worth, if the TB is ever going to come back as a breed at the top levels, it's going to take knowledgeable resellers to get it there. Years ago, the pipeline for USET horses went through resellers.
              "I'm a lumberjack, and I'm okay."
              Thread killer Extraordinaire

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              • Original Poster

                #47
                Originally posted by vineyridge View Post
                IMO, for what it's worth, if the TB is ever going to come back as a breed at the top levels, it's going to take knowledgeable resellers to get it there. Years ago, the pipeline for USET horses went through resellers.
                We are trying Vineyard and I do look at pedigrees and have my favorite nicks...

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                • Original Poster

                  #48
                  Originally posted by Linny View Post
                  The resellers markup has to cover overhead and the risk and the ones that either don't or can't sell and the ones that turn out to need alot more time. With a reseller you are also paying for the lifetime's worth of experience. They have purchased from a solid and reputable track trainer. They have researched and possibly found where the horse was originally started know they were broke right the first time. They know the pedigrees and know people on track who can offer thumbs up or down regarding the health or soundness or attitude of the horse. They start with the right stuff.
                  When you shop, you can get on the horse, poke it and prod it and see how it handles a non racing set up. You can free school it and spend time with the seller. You cannot do any of that at the track.
                  Lonny very spoken and right on the mark on every point...

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                  • #49
                    As for reseller prices, they can ask whatever they want. You can always offer less. Remember, we all are excited about the prospect of the TB returning to the higher ranks but if the bigger money interests (BNT's) start buying them, it will pull prices up for the rest of us. That reseller who used to have a ceiling of about (say) $7500 a few years ago, might find their top horses selling for $10k now.


                    I'm sure that if a reseller has had a horse on their page for 6 months, they might be willing to entertain an offer for the sake of cash flow. That said, the nicest ones fly out, as can be seen by anyone who follows JBRP's barn page on FB.
                    F O.B
                    Resident racing historian ~~~ Re-riders Clique
                    Founder of the Mighty Thoroughbred Clique

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