Determining the value of a horse - Page 3 - The Horse Forum
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post #21 of 25 Old 10-26-2015, 10:35 PM
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Quote:
Originally Posted by Chasin Ponies View Post
Yes, but remember that a lot of these horses on dreamhorse & equine.com are not actually selling for the prices listed. We've had numerous horses at our barn listed on these sites for say $25,000 but the actual selling prices end up being closer to $3-5 thousand.
Sorry, don't mean to get off topic, but I'm stuck on this. Horses priced at 25K but actually selling for 5K? My mind is boggled! Personally I won't even inquire about a horse that I think is extremely overpriced (doesn't seem like the owner is being realistic) but I can't recall one that was off by this much. I've been shopping recently and saw several that were priced around 15K that I would put closer to the 8-10K range, so I didn't even ask. I don't like going into a purchasing situation if I'm not willing to pay at lease 70-75% of the asking price. Maybe I am missing out with that attitude!

Again, sorry for getting so off topic, just surprised by this.
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post #22 of 25 Old 10-28-2015, 07:21 AM
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If I were you, I would not expect to put him into professional training and make money off selling him. As a matter of fact, horses are an incredibly bad way to make money.

It can work to pick up a prospect to train and sell, but these are usually people who train the horses themselves.

If you are unsure of how much talent he has, I would probably have him evaluated by a trainer. This doesn't cost a fortune, and you might have a better idea where you are at.
I think I'd pick an eventing trainer. OTTBs are frequently used for eventing, and many eventers like the bigger ones, cause they are flashier in the dressage portion.

As for the price of horses, yes, generally a sound, sane, well trained horse will go for more money, but really the market is not that straightforward. Some good horses can sit for a long time with no interest, and some complete trainwrecks sell well cause of pretty color, or cause someone "fell in love". You just never know.
Some people are also nothing short of delusional about what their horse is worth. Those are usually the ads that start at $15K, which gradually gets lowered over time until the horse sells for a more appropriate price.
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post #23 of 25 Old 10-28-2015, 12:28 PM
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To me if I am selling a horse is worth what I can get for it and, like playing a hand of cards, you can have the best cards but if everyone else has poor cards they fold so, if you have two people after the same horse then it is going to be worth more.

Selling, a price is mentioned, I will pick all the faults I can make a much lower offer and see how low I can get it for!
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post #24 of 25 Old 10-29-2015, 11:44 AM Thread Starter
rc1
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Thank you again to all of you for your helpful advice! You guys are great!!

Just an update if you guys were curious - I found a couple experienced riders and trainers through the local university eq program.

My plan is to move to a rough board option for a few months and get to know him. with some great help i was able to find someone to assess his potential for competition after which i will be able to decide whether to stay with the rough board and check out the trails or put him into a professional training program.

I am a new horse person but experienced dog person. I know not much translates but one thing i know is smart, capable dogs without a job or something to do are not happy dogs. I can't imagine that would be much different for any animal.
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post #25 of 25 Old 10-30-2015, 08:59 AM
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Originally Posted by rc1 View Post
....

I am a new horse person but experienced dog person. I know not much translates but one thing i know is smart, capable dogs without a job or something to do are not happy dogs. I can't imagine that would be much different for any animal.
I'm a lifelong dog trainer and am returning to horses after a very long time. I find that a lot does translate. The biggest differences are 1. prey animal vs predator -- where dogs alert, horses run for their lives. 2. a horse is not (usually) part of your own 'pack' in the same way, and 3. about a thousand pounds.

Also, riding is a physical sport which takes muscle and balance.

Other than that, training is very similar. Gaining respect and attention, consistency, fairness, patience, timing, pressure and release, etc. is the same.
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