Tips for Pricing Your Horse for Sale

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When you advertise your horse for sale, you’ll need to decide on the price that you ask for your horse. Pricing a horse can be a tricky challenge – price him too high, and you may not receive any enquiries. Price him too low, and you’ll be losing out on the deal. Here are some tips to help you price your horse for sale.

Honestly Assess Your Horse

Make a list of the positive traits your horse has that would make a buyer interested in him. Does he have the potential for upper-level competitions where he could bring in significant prize money? Do you have a broodmare with desirable bloodlines who has a proven history of throwing quality foals? Both scenarios may mean that your horse could be highly valuable, but remember that your horse needs special and desirable traits to make him valuable.

Check Out the Market

One of the best ways to get a sense of what your horse may be worth is to check out what similar horses are selling for in the horse market. Try to find horses who are similar to your own horse in terms of age, talent, and desirable traits. You will probably find that many of these horses are priced similarly, which can give you a good basis for the price of your own horse.

Consider Your Area

The horse market differs depending on the specific area that you’re in. If you’re lucky enough to be in an area where upper-level horse competitions are common, then chances are that horses fetch higher prices than they would in a lesser developed area with less of a horse scene. Your location plays into what you can reasonably ask for your horse, so be sure that you have a sense of what prices horses are currently bringing in your area.

Ask Yourself What You Would Pay

Turn the tables by asking yourself what you would pay for your horse if you saw him or her on the market. Be sure to set aside your personal feelings for your horse – instead, focus on his qualities, both good and bad, and consider what you would feel to be a fair price if you were buying the horse.

Get Your Horse Appraised

Having your horse professionally appraised can be a great way to ensure that you are asking an appropriate price for your horse. A professional horse appraiser will have an excellent sense of the horse market, and will be able to honestly evaluate your horse’s strengths and weaknesses. It may be a particularly good idea to have your horse appraised if your horse has a high value.

Pricing your horse for sale can take a bit of research and some careful thought, but having the right price can help to garner interest without your losing out on the sale.

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