Have I priced him too high?

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Fiorano

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I am reluctantly selling my Welsh Sec D and have advertised him on a couple of websites with very little response. Would like your opinion.

15'2 Dark Bay
13 years old
Competes in unafilliated dressage
Has good paces
Always placed
Hacks in company
Has done show jumping and x country but not for a while
Good to load, trailer or lorry
Travels very well on his own or with company
Is sensitive and needs a confident rider
£3000

Is this too much money? How much should I be asking. Not sold many horses so am a little out of my depth. Any comments gratefully recieved.
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I think it's pricey personally.

Age and the fact that he doesn't hack alone would be a problem for me. In particular the hacking issue.

I think He would be worth £1500 tops.
 
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Oh dear I'm miles out then with the price then!
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It's only my opinion though.....
 
I know someone who bought a 15hh cob, 13yrs old, just hacks (hates the school) but can jump etc and they paid 2500 with a couple of rugs and tack down from asking price of 3300 - but that was with a full wardrobe.

Maybe make him 2750 ono?
 
Just be careful you don't price him too low as that always makes people (me
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) wonder what's wrong with them. Not everyone wants to hack, I don't enjoy it that much myself.
 
I don't think it is unreasonable, perhaps it is the way you have worded your advert. Horse aren't moving that quickly at the moment and it definitely depends on the area. Amymay is right something similar in Wales would only fetch a small amount but it depends on the area - in Cambridgeshire/essex people would be advertising for up to £5k. Perhaps you could note on the advert that the right home is most important and be willing to drop if the person interested was the best home for him? Feel free to PM me the advert and I can take a look?
 
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in Cambridgeshire/essex people would be advertising for up to £5k

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Really - based on what??

(Curious, and mean no disrespect to OP in any way.)
 
Having been someone who has been looking for a horse. The 2 things that would stop me enquiring further would be 'Hacks in company' do you really mean he cannot be hacked on his own? This could be a big issue for a lot of people as it is not always possible to have someone to ride out with. The other thing is 'Is sensitive and needs a confident rider'. This is quite ambiguous and so people will jump to the worst possible scenario.

I know you are trying to be honest and the amount you can put into an ad is restrictive but you need to get people to phone you not stop at the advert

Another point that may encorage people would be to say open to offers or something. People like to feel they are getting are good deal and this shows you are willing to negotiate on price.
 
horse prices are crazy here!!! For example there are 2 horses that I know of for sale which in my opinion are very overpriced and if you look in H&H and Horsemart etc. the horses in your area are much more decntly priced, when I was looking it was too far for me to travel so had to compromise on pice!!
One horse 16hh Bay TB mare, done fore leg suspensory (sp) 7 years old not jumped for 2 years, on and off lame, not novice ride and will never compete top level anything, has bad habits and sends all other horses on yard mad - she wants min of £3500.

Another 7 year old mare 14.2hh green in the school, good jump, not at all novice ride, very forward going, can be spooky, selling as owner wanted something safer for child £3000 - they have been inundated with calls and only reason still for sale is that they allow a trial and then the new people can't handle it!

so do you see where I'm coming from??
 
Yes, I'll second that about Cambridgeshire. A young girl near me just bought a similar horse that to the one you're describing for £4000, they spent months looking for it as well and had to go to Shropshire to get it! I think Welshies are not so common around these parts, whereas if you wanted a TB - just head to Newmarket and ask around the racing yards! Call me naive (and/or stupid), but aren't Welsh ponies, you know, from Wales and therefore more easily found in Wales?!
 
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in Cambridgeshire/essex people would be advertising for up to £5k

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Really - based on what??

(Curious, and mean no disrespect to OP in any way.)

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More money than sense???
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I'm in the West Mids/Shropshire area and I think he's just a tad too much. I have a 14.2hh 8 y.o Sec D who is very similar to what you've described ability-wise but she also is an excellent show horse and hacks out alone, and I'd expect £2750-£3000 for her if I were ever to sell.
 
For me £3,000 is a lot to ask for a horse that doesn't hack alone and has done a bit of unaffiliated dressage. I'd have thought most people competing at that level would want something they could have fun on, and for most people that would include being able to hack alone. The fact that he needs a confident rider will limit your market further.
I'm not great on horse prices but would have thought nearer £2k would be more realistic.
 
I would add details to your advert about how good he is to shoe, catch, clip, handle etc. Also if he hacks in company, is he good in traffic? If so add it in.
I would take out the 'not for a while' at the end of the jumping sentence.

Price-wise I'd expect to pay no more than 2k purely based on his age, and the advert as it is because to me a sensitive horse means difficult
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There's lots of horses advertised at high prices at the moment, but a lot aren't selling at that price, and the market is very slow at the moment.
 
Is he a registered Welsh D? If so put that in advert as it widens his market to those who might like to do a few M&M classes. What are the photos you are using like - a good photo will make a huge difference to the amount of people interested in your ad.
 
I would leave it as it is aslong as you are truthfull wen people do call to enquire if you dont get any interest then drop it 500 but i would prefer to think people r looking at a horse because it,s what there looking for rather than because it,s cheap........ just my oppinion.good luck x
 
I think the issue for me is that people don't really consider the market they are aiming for.

This little horse sounds fab. But it is not an allrounder because it doesn't hack in company. It could be worth probably a little more than the £3k if it did.

But it's not a competition horse - and is going to be bought by someone (like me) who wants a nice horse to go out and do a bit of everything on - and that has to include hacking out with or without company.

So in anyone's eyes, in any part of the country this horse would never, ever be worth £5k - regardless of whether that was what the seller wanted for it.

(sorry OP rather hijacked your post....)
 
Amymay, once again I'm in total agreement with you. I have no idea who would want this horse. As he needs a sensitive rider (i.e. experienced), and does not hack alone he would not suit the happy hacker, RC people. He is not a competition horse as no mention is made of any successes so who would by him? I suspect this is more the reason for no calls rather than the price, not sure dropping would help unless you priced him very cheap so someone would see as a bargain. May be better to get him out to some competitions and sort out the hacking problem, then he becomes much more marketable.

Hope that helps.
 
this one is hardly a "paragon" though is it???

at Leominster sales last month a cracking D came through..good hack/hunted/RC/box/clip etc...made £1950...WARRANTED!!!

see, "paragons" can be bought at a good price
 
I just think the advert needs a bit of work. Definitely agree that if he is pure bred and papered, the bloodlines and the fact he is registered should be mentioned - a huge selling point IMO.

Also clear up the ambiguity of the hacking sentence - strangely I didn't read it that he doesn't hack alone, but that he is well behaved in company, but many people obviously do immediately leap to the conclusion that he can't go out alone (maybe he can't?)

I also agree the sentence about his being sensitive/not novice ride makes one immediately think he's a neurotic nutter (which in my experience of welshies is probably true!!
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His age 'v' experience will bring the price down a bit I think, unless you can market him as a safe happy hacker or the like, which brings the price back up.

Also, agree with Jemima, in that if he has had any kind of PC experience (or you can get him some, ie camp etc), then that will put his price up too - you only have check out the PC classifieds on their website!!!

As for area and pricing - come and check it out down here in the South all those in areas where its cheaper - you can't buy much at all down here for under £3k!!!

Having said that horses aren't moving at all at the moment much, so if selling is a priority a price drop maybe needed. I would disagree that he is only worth £1,500 though. A drop to £2,500 and I reckon you would get a few calls.

There are always people looking in the £2-2,500 bracket, that will get scared off by the £3k label.
 
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Amymay, once again I'm in total agreement with you. I have no idea who would want this horse.

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I didn't mean that though. I think he sounds rather nice - just over priced. I was just thinking out load really.
 
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I didn't mean that though. I think he sounds rather nice - just over priced. I was just thinking out load really.


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He may be lovely and on reading my reply it does souds a bit harsh
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, what I was trying to say is that from reading the add alone who would phone up for this horse as from the information we have he doesn't really suit any set of buyers? Hence my comment on price, I don't think he is neccessarily over-priced just very badly marketed!
 
I think you have priced him just right, especially round were we r. I would re word your ad tho. Your not really talking about him as a horse just stating the facts. My friend is looking at the moment for a mother/daughter share and the last line 'is sensitive needs a confident rider' people could read that in many ways. Also does he not hack on his own, or could you re word it saying 'hacks beautifully in company but needs a confident rider when alone'?
Can we see a pic?
 
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