
You've just made the tough decision to sell your horse. How can you make sure your beloved partner lands in good hands?
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Just the thought of selling a well-loved horse is enough
to throw
most owners into an emotional tailspin. But when circumstances tell you that
selling the horse is the thing to do, the number one concern becomes finding the right
home. You want a new owner who will
not only take good care of your horse, but who will also appreciate him
for his unique personality and abilities.
The effort you put into the sales process may be the
important element in finding your friend a great home. So where do you begin?
The normal advice that applies to selling anything from a car to a couch applies
to selling horses, too. You’ll have to research the market and accurately assess
your horse’s strengths. But that’s just the starting point.
To get into some of the nitty-gritty aspects, we talked
with Drenda Chappell, a broker who specializes in matching performance horses
with new owners, but whose advice carries to selling horses of all types.
“Since horses can’t talk, it’s our responsibility as
owners, sellers, buyers, agents, and trainers to do what’s best for the horse,”
Drenda points out. “It’s in our interest, as well as the horse’s, to put in a
sincere effort to place a horse well.
“That first effort begins with being emotionally prepared
to sell,” she continues. But that’s often harder than the owner thinks it will
be. Drenda has seen sellers who get grumpy or find fault with every prospective
buyer that comes to look at the horse. In those cases, she tells the sellers
that they aren’t ready to sell.
“Since you are the
one who knows the horse best, you’re the one most motivated to find the right
situation for him. If you are ready to let the horse go, then you’ll treat the
prospective buyers well, and you’ll have the best chance of finding a good
match,” she confirms.
Selling is a numbers game. As with selling a house, you
will have to be prepared to show the horse to a number of potential buyers
before the right one comes along. That means you have to be prepared to be
hospitable and to interact warmly with someone coming to look at your horse.
In Drenda’s experience, you probably won’t know on the
phone whether the person is a serious
prospect or a “looky loo.” Often, lookers become buyers when they fall in
love. Like romance, there’s chemistry involved in finding the right horse. Even
if a particular criterion doesn’t match—the buyer really had in mind a chestnut
and your horse is a bay—people are drawn to horses for different reasons.
Sale Prep
If your horse is coming off the show circuit, he may be up
to snuff in terms of grooming and training. But if he’s been on vacation for a
while, or just sitting in your back pasture, you’ll have to get him ready for
sale. The better trained your horse is, the easier it will be for other people
to ride him, and the bigger your pool of potential buyers.
Brush up on his training, and represent it accurately to
someone who will come out to see him. The last thing you want is an
inexperienced rider on your out-of-condition horse. You may need to enlist the
help of a professional to get him to a point where someone can try him. Or be
clear to any potential buyers that the horse isn’t ready to be ridden, and don’t
allow anyone to ride him when they come to see him.
To help attract the right kind of buyer, consider making
up a flyer with a good photo to give people a feel for the horse. You can put
the flyer up in feed stores and vet offices, and give it to trainers, farriers,
and interested horse people. If you have a show horse, take the flyer to horse
shows and distribute it to anyone you think might be interested, including
professionals. You can go high-tech and make a DVD, which will give people an
even better idea. However, if the DVD doesn’t show your horse well, it may turn
off a potentially good buyer.
Beyond that, Drenda suggests advertising in your local
newspaper or local horse magazines. “The big advantage of local advertising is
that it reaches people who are more likely to come see the horse than someone
far away.” If the horse has a show record, advertise in breed journals or with a
broker who has a specialty in your sport or type of horse. Agents and brokers
all work differently and their commissions vary, usually according to what they
do to sell the horse.
Once a potential buyer makes contact with you, the work of
determining if this is the right home for your horse begins.

There are lots of reasons why a buyer falls in love with a horse. Good grooming will help your buddy make a great first impression.
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On the PhoneDrenda feels the most effective thing an owner can do to
find a good home is to take time with a potential buyer on the phone. “Selling
is not telling. It’s asking the right questions and really listening to the
answers,” she reminds.
Of course, you’ll give the buyer the basics, just as you
did on your flyer. But then you’ll want that person to tell you about their
current and past horses or horse experiences. You might start with a question
such as, “What events do you do?” or “What kind of riding do you plan to do?”
If the person has owned horses before, Drenda suggests
that you draw the person out by saying, “Tell me about your most recent horse.”
As you listen, you’ll get an idea whether horses are like a vehicle to that
person, or if they had a relationship. You might ask how long they had that
horse. That will tell you if they kept him 20 years or two months. And where did
he go after he left the person’s care? Did she send the horse to a sale, or is
he right down the road teaching someone else to ride?
Drenda says that people will probably tell you the truth.
“A potential buyer isn’t going to second guess whether
you’ll approve of their decision to sell their old horse,” she notes. “People
like to talk about themselves and their horses. And by asking, you’ll get to
hear the story and you’ll get to know the person. Let him or her do the talking
because this is your opportunity to feel out if this will be a good relationship
with your buddy.
Drenda emphasizes that you—the seller—are in control. You
don’t have to let the other person come try your horse just because he or she
responded to an ad and wants to see your horse. If you feel confident enough to
proceed with showing the horse, you can set up a time. But if not, politely tell
the caller that you don’t think this is a fit. You can take things one step at a
time.
One of the mistakes that sellers make is telling the
prospective buyer too much about the horse on the phone, observes Chappell.
Right up front, it’s important to tell the buyer if the horse cribs, weaves, has
vision problems, chronic colic, or lameness, and to answer any direct questions.
But much information beyond that discourages the process.
“Some sellers think
they are doing a horse a favor by telling a prospective buyer every little
detail on the phone. But what one person thinks is a big deal, another person
doesn’t care about. So a seller is likely to talk about something that doesn’t
matter to the buyer and may discourage a potentially great buyer from coming to
see the horse. You have to be honest and clear, but don’t bring a lot of detail
into the discussion before the person has seen the horse. You want them to weigh
things as they go,” advises Drenda.
When she talks with a prospective buyer on the phone, she
also asks about the person’s goals and schedule. For instance, if the person
says, “I trail ride on the weekends, but not during the week because I work long
hours,” Drenda goes on to ask whether the horse will be stalled or turned out,
and so forth. That way she can assess whether the interests of the horse and
person line up. If not, she can suggest that this may not be the best horse, but
she offers to keep her eye out for a more suitable horse. For example, if your
horse has lots of energy and is absolutely miserable in a stall, you’ll know
right away that an indoor boarding stable with minimal turnout might not be a
happy situation for your horse.
If the goals match and the buyer would like to see the
horse, she makes the buyer a part of the next step. She asks questions such as,
“Would you like the horse saddled or not saddled when you arrive?” That starts
to build trust and makes the buyer feel more in control of the outcome. The more
comfortable the prospective buyer is with the process—and the seller—the better.

Drenda Chappell’s work begins on the phone, learning about a buyer’s hopes and dreams and talking to sellers who may have horses that can fulfill the wish list.
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The First LookOf course, you want to give your horse every advantage, so
that means having him clean, clipped, and ready to show to the prospective buyer
on time. And it means that you have to reach out to the buyers. Be friendly and
as accommodating as is reasonable. Remember that you are in control, but work at
helping make the buyer comfortable. You can stop the process at any time, so put
your best foot forward.
Watch carefully to see how your horse and the buyer get
along. Look for the little signs that your
horse likes the person or the person
is working to understand your horse. It may take a while for them to get the
signals worked out, but observe their approach and skills.
On the other hand, if you don’t like the way someone is
handling or riding your horse, stop her. Do it in a nice way, but you can say
something like, “I really appreciate your coming out to see this horse, but I
don’t think your riding style is a good match for him,” or “I don’t think he’ll
do well with that technique.”
Drenda emphasizes that while it’s the seller’s job to
provide information, you don’t want to talk too much. Allow the prospective
buyer and horse to interact, and listen for the buyer’s comments. It’s not
uncommon for someone to feel that they want to think it over and come to ride
another day. If you feel that it may be a good match, encourage them to come
back.
| Curb Appeal |
| Since your objective is to sell your horse, you have to present
him looking his best. The standards vary according to your riding discipline,
but squeaky clean is always the first step.
• If you have a show horse, clip him and turn him out like
he was going to a show. (Don’t braid the mane, but be sure that it’s well
trimmed and lying flat.) • No shavings in the tail. • Fly spray the horse if need be. • Feet well cleaned, and hooves polished, if it’s
appropriate for your discipline. • Clean ears and nose with a damp towel. • Use a good saddle pad and saddle. • Clean your bridle, and use a good halter and lead. • Have handy any required equipment, such as a longe line. • Clean the stall or paddock. Sweep or blow the barn aisle. • Be sure the prospective buyer has a place to park. • Drag the arena, or at least clear it, so the buyer can try
the horse. • Have your liability form handy for the buyer to sign, if
that’s your farm policy. • Have helmets handy, in case they didn’t bring theirs. • Have someone watch your children so you can concentrate
on your horse and buyer. • Make sure you and anyone who is going to show the horse
is clean and presentable. • Offer water or refreshments after the ride, especially if it’s hot. |
“I don’t normally recommend a trial period or guaranteed
sale,” says Drenda. “That introduces too many gray areas. I’d rather the buyer
come a few more times to try the horse and then make a clear decision. Usually
three visits are sufficient.”
Drenda emphasizes that really liking the horse is
important if this is to be the right home. Horse ownership will have its ups and
downs, and you want to know that the buyer will have a real commitment to the
horse.
Making the Sale
If you feel comfortable that a particular buyer is a good
match for your horse, you’ll need to advance to the process of closing the sale.
It may feel awkward, but it’s necessary to work through the terms of the
agreement.
Pay attention and try to work with the buyer. Someone may
not be ready to take it to the next step after the first ride, but you can
always ask an open-ended question such as, “What do you think?” Depending on
what they say, you can lead the discussion farther down the path with questions
such as, “Do you want to arrange for a vet check?” or “Would you be picking him
up or do you want me to deliver him?”
Once things are in motion and you feel okay about the
match, watch that you don’t interrupt the process. If someone asks, “Can I pick
him up on Thursday?” you want to be sure to be available on Thursday.
Before the vet check, be clear about who pays for any
services so there’s no misunderstanding. And if there are any important
conditions to the sale, put them in the contract. For instance, if you want the
first option to buy the horse back if he should come up for sale again, put that
in writing.
You are in control right up until the money changes hands
and the buyer drives out the driveway with the horse. If you’ve represented your
horse accurately, listened to the buyer, and carefully watched how your horse
acts with her, your equine friend will have a new owner that he can be proud to
call a partner. And you’ll have done a good deed for your old buddy.