Offers on adds

[SO1]

If an advert for a 10k horse has a price and then says offers on it what what you expect to be reasonable in terms of offers.

I will be starting pony searching in the new year and my absolute max is 10K but I would rather not go above 8k but I am looking for something very special in my search as will need to be related to my pony that passed away.

Unfortunately he has very popular bloodlines being related to HOYs and competition winners so I expect I will be paying a premium for that breeding. I actually don't need HOYS or competitive potential as I am mainly a happy hacker but it is for sentimental reasons that I am after the bloodlines and the lovely temperament that comes with them.

 

[ihatework]

I would so completely try it on at 8k, but wouldn’t expect to get at 8k if that makes sense. And if my absolute limit was 8k I wouldn’t view the horse without letting seller know in advance

 

[Highmileagecob]

Is there a newsletter attached to the breed society where you could place a 'wanted' advert? Otherwise, the usual rule of thumb is to set your maximum budget and offer below that, with a view to being talked into your desired price. Going in at your maximum price sometimes works, but it depends how many potential buyers are lined up. Good luck, I hope it works out for you.

 

[Birker2020]

If an advert for a 10k horse has a price and then says offers on it what what you expect to be reasonable in terms of offers.

I will be starting pony searching in the new year and my absolute max is 10K but I would rather not go above 8k but I am looking for something very special in my search as will need to be related to my pony that passed away.

Unfortunately he has very popular bloodlines being related to HOYs and competition winners so I expect I will be paying a premium for that breeding. I actually don't need HOYS or competitive potential as I am mainly a happy hacker but it is for sentimental reasons that I am after the bloodlines and the lovely temperament that comes with them.

I offered £12.5 k for a £15k horse which had just been reduced to £14K which was not surprisingly accepted! I felt cheeky so texted.

Glad you are looking for another S01. x

 

[Bobthecob15]

I'm such a mug i offered the full asking price on our pony in January ? we'd seen so many and they had other people wanting to see him so I just offered the full price there and then! My husband wasn't impressed ?

 

[ycbm]

I have offered 10k on a 15k horse, telling them before viewing that was my maximum budget, and was accepted on the basis that if I wanted the horse I must pay before their next mortgage payment was due. I bought him.

I think it's fine to offer anything as long as you tell them before viewing.
.

 

[Lois Lame]

I'm such a mug i offered the full asking price on our pony in January ? we'd seen so many and they had other people wanting to see him so I just offered the full price there and then! My husband wasn't impressed ?

I don't think you were a mug, Trakky14. For all you know, you might have missed out on the horse if you hadn't done what you did.

 

[Green Bean]

When I put in an enquiry for a 'reasonably priced' KWPN from the wife of a very successful eventer, I was contacted and given the price. It wasn't, at the time, my idea of a reasonably priced horse. Lady phoned and I gave the price I was restricted to and she said I could come and look at the horse. Did that, absolutely adored her and said I wanted to buy her. The lady and I went in to the feed room and had a small haggle, which at the time was quite comical. I ended up paying £1k over what I wanted to pay, but less than what they were asking for. It seemed surreal as I am not naturally a haggler but it was certainly worth it

 

[Muddy unicorn]

When we were looking a couple of years ago, I found that there was less room for manoeuvre at the lower end of my price range, so if the horse was on for £10k and I felt it wasn’t quite worth that, then I’d have expected to offer £8k and end up paying £9k.

My budget was an absolute maximum of £20k and it was amazing how many horses would drop in price to fit my budget! A typical conversation would be ‘how much are you asking for the 7 year old grey?’ ‘£35k’ sorry that’s way over my budget, I can go up to £15k’ ‘oh well if you could go up a little bit more I’m sure we could come to an agreement as home is much more important than price’ .. at which point I generally checked the BE record and politely declined …

we ended up paying the asking price for my daughter’s mare and she’s been worth every penny ?

 

[Xmasha]

Id say its a reasonable starting point. They may meet you halfway? One persons good deal is another persons insult though !
I put an offer on a broodmare the other month. Seller wanted £4.5k , mare wasnt graded and not in foal. Although booked in to be graded a couple weeks later. I'd had a few too many glasses of wine and offered £4k on the proviso that they kept her until grading. They bluntly refused. They didnt even come back and offer a couple of hundred quid off. But said if she didnt sell they would message me after the grading. Hey presto i got a message letting me know she only got a class 2. They should have bit my hand off ! By which point id already agreed a price on a much better mare. There was no negotiation on my new mare, who was at the top end of my budget, and double the price of the other mare.
So id say if you can afford £10k go and look.

 

[Barton Bounty]

If I think something is worth it then I will pay it… not haggle or try to drive down the price.
I wouldnt expect to pay £1200 for a horse and it to be perfect but if I was paying £10-£15 k then I would be have a full vet work up etc for it as it would need to be damn near it for that money

 

[FestiveFuzz]

I don’t think there’s any harm in asking as long as you’re upfront.

I’m currently selling one of mine as I’m 7mths pregnant and realistically he’ll be too much horse for me by the time I get back in the saddle as he’s a proper competition horse that needs consistent work. I’m due in January, so keen to get him sold before Christmas.

He’s currently costing a small fortune in schooling fees to have someone keep him ticking over, so there’s a reasonable amount of wiggle room in his price for the right home, but advert-wise he’s priced as you would expect for a medium/adv medium dressage horse with a note that home is more important than price as I want to try to weed out those looking to buy cheap and sell on.

 

[millitiger]

I think the fact that the advert actually says 'offers invited" means they are willing to listen and I think a 20% drop isn't that cheeky.

When selling I don't tend to haggle at all, however I don't put OIRO on the adverts either!
I've only sold one horse in the last 12 years and she went by word of mouth with a blank cheque offer so I'm out of the loop!

 

[maya2008]

I buy for little enough that I don’t put in an offer - if I think the pony is overpriced I wait, until the price asked for has come down or I see something else suitable for the price I am willing to pay. Latest purchase had halved in asking price before I went to view. She was worth what I paid, but would not have been worth more. My son’s pony’s seller was not willing to take offers (she said so in the initial phone call) and wasn’t asking for much anyway. Daughter’s pony was a true bargain, so much so that I bought her unseen.

For the price bracket you are looking at though, I would definitely put in an offer!

 

[Widgeon]

I'm such a mug i offered the full asking price on our pony in January ? we'd seen so many and they had other people wanting to see him so I just offered the full price there and then! My husband wasn't impressed ?

I don't think that's being a mug, it just means he was worth that to you. How would you have felt if you'd offered less and lost out? We offered full asking price for our house because it was exactly what we were looking for, and I still think we got a good deal.

 

[sarcasm_queen]

We’ve always just paid the asking price. I hate trying to haggle.