Chaos Ranch
Well-Known Member
I have a client that has approx. 30 or more horses that I have to sell for him. They are not miniature horses, but I figure the sales process would be the same.
I have given a lot of thought to the process, and am considering hosting a dispersal auction for him rather than an individual sale. What I was wondering is, when it comes to the actual auctioning process, do we use one of the auctioneers that do that rattling/fast talking bid calling, or do we use someone to speaks slowly and clearly? Also, would it be better to bring them into the ring and take bids that way, or would it be better to feature each horse in the ring, and take silent bids instead?
My thinking is that if we take silent bids instead, that would allow the buyer to be more discreet about his/her pruchase price. However, when you take bids in the ring the competition tends to drie the price up to where my seller could possibly get better offers.
Also, should this be a one day sale or a weekend event? With a one day sale that would allow more people to attend because they would be able to travel here, get the horses they want, and travel home without it interrupting their work schedule. But if it's a two day event that would allow more time per horse, as well as riding/personal inspection time.
When deciding on the lots, do you typically divide the horses by age, bloodline, or training level?
Also, would it be better to offer concessions? We have two different facilities in mind, both have convessions, and we could give the proceeds from the concessions to the facility.
I would really appreciate any pointers, advice, or guidance you guys have to offer.
I have given a lot of thought to the process, and am considering hosting a dispersal auction for him rather than an individual sale. What I was wondering is, when it comes to the actual auctioning process, do we use one of the auctioneers that do that rattling/fast talking bid calling, or do we use someone to speaks slowly and clearly? Also, would it be better to bring them into the ring and take bids that way, or would it be better to feature each horse in the ring, and take silent bids instead?
My thinking is that if we take silent bids instead, that would allow the buyer to be more discreet about his/her pruchase price. However, when you take bids in the ring the competition tends to drie the price up to where my seller could possibly get better offers.
Also, should this be a one day sale or a weekend event? With a one day sale that would allow more people to attend because they would be able to travel here, get the horses they want, and travel home without it interrupting their work schedule. But if it's a two day event that would allow more time per horse, as well as riding/personal inspection time.
When deciding on the lots, do you typically divide the horses by age, bloodline, or training level?
Also, would it be better to offer concessions? We have two different facilities in mind, both have convessions, and we could give the proceeds from the concessions to the facility.
I would really appreciate any pointers, advice, or guidance you guys have to offer.