Trying to Make Sure that Horses You Breed Land Softly - The Horse Forum

 
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post #1 of 6 Old 07-15-2014, 12:06 PM Thread Starter
Weanling
 
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Trying to Make Sure that Horses You Breed Land Softly

I'm trying to sell my colt, but in the last three months I can't help but to have developed a liking for the little guy. I recently saw that one of my foal's half brothers was rescued from a feedlot when somebody recognized him as a former show horse. The original breeder took him back and found a new home for him. I don't want any foal of mine to end up that way, either. So, I've been kicking the idea around of offering a "buyback guarantee." My foal is currently priced at $4000, but I was thinking of sending some sort of documentation with him that says I would buy him back for $1000 at any time, in any condition other than dead. (Obviously worded better than that, but that's the general idea.) I mean to offer a price that's more than what a kill buyer would offer to keep him out of that situation. Hopefully if he changes hands a lot, I can keep up with him and then if anybody gets in a bad situation and needs to unload a horse quickly he doesn't end up going for bottom dollar at an auction.

It would be great if there was a website where breeders could sign up and assume responsibility for the horses they bred if/when that time comes. Any thoughts on this?
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post #2 of 6 Old 07-15-2014, 12:17 PM
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I have heard of a lot of people who do buy-back agreements with the horses they sell (including some race horse breeders) who still have found their horses in feedlots and low end auctions. It unfortunately doesn't always stand. I'm not saying it's a bad idea, but don't be surprised if it is ignored, especially if the horse ends up changing hands a couple times after you initially sell him.
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post #3 of 6 Old 07-15-2014, 02:24 PM
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Once you sell a horse his fate is out of your control. Even if the original buyer agreed to a buy back agreement that does not mean they have to honor it or that the horse cannot be sold to someone else.
Once a horse is sold all I do is hope for the best, say a prayer and tell the buyer if they can't keep the horse in the future give me the first option to buy him back. Shalom
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post #4 of 6 Old 07-15-2014, 03:01 PM Thread Starter
Weanling
 
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I've just found out that AQHA offers a program called "Full Circle" that addresses just this sort of thing. I am going to call the APHA and see if they have any program like this, or any plans to make one.

AQHA: Full Circle
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post #5 of 6 Old 07-15-2014, 03:07 PM Thread Starter
Weanling
 
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Yeah, I know buy-back agreements don't always work. I'm not interested in buying him back as a well-trained, sound, healthy horse for more than what I sell him for. I'm interested in making sure he doesn't end up somewhere unsavory. I know once I sell him, it's pretty much out of my hands, but if he came with a piece of paper that says "I'll buy him for $1000 in any condition (other than dead)" then that person probably won't unload him at an auction for less than that, or give him away to an unsuitable home, or sell him to a feedlot or kill buyer for less than $1000. It just wouldn't make sense to sell him for less when you have someone willing to pay $1000 for your dead lame horse.

Thanks for joining me in kicking some ideas around.
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post #6 of 6 Old 07-15-2014, 03:28 PM
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I certainly think that's its worth giving some written agreement that you would want first option to buy back - but guaranteeing to buy back might not fit in with your circumstances further down the line
I have asked for that first option many times but the only two that every came back to me to make the offer were a 13.2 jumping pony long after I had a child that could fit on it so I declined (she did find a forever home) and a horse my one time employer sold to the police that was retired for light riding only so put out on loan - but I didn't have room or need for him (also found a forever home)
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