How to Sell a Thoroughbred Horse

Selling a Thoroughbred horse can often be time-consuming and frustrating. However, there are some simple steps you can take to make sure that selling your Thoroughbred horse is as smooth and painless as possible.

Instructions

Difficulty: Moderately Easy

1. Gather up all the documents you have on the Thoroughbred horse you are trying to sell. This includes pedigree reports, veterinarian records and any racing or show records where the horse competed. All of these will be handed over to the purchaser of the horse.
2. Advertise the Thoroughbred horse in local newspapers, equestrian magazines,the offices of large-animal veterinarians and on the bulletin boards of tack stores, feed stores, stables and riding clubs.
3. Include a photograph of the horse for sale with your advertisements. Most people who are shopping for horses will skip over the all-text ads and focus on the ads with pictures.
4. Utilize online advertising sites that specialize in horses. This will get the word out to people all over the world about the Thoroughbred horse you want to sell. Most sites require a fee to post the advertisement, but it is often well worth cost since it's often a nominal fee.
5. Sell your horse only to a reputable, trustworthy individual. You have put a lot of love into your horse and invested a great deal of money and effort into his training, so be sure that you are settling on the right person to purchase your Thoroughbred.
6. Draw up a contract that will allow you to repossess the horse if the seller does not pay the complete bill or winds up abusing the horse in some way. This not only protects you legally, but it makes sure that your horse is always safe.
7. Consider selling your horse in a public auction. Your chances of actually finding a buyer for your horse is much higher here than in a passive selling strategy, and you may even wind up being paid more for your horse than you expected.
8. Offer some of the horse's equipment to the buyer as well. As long as you don't need the equipment, the seller may be willing to pay a higher price for the horse if you provide the saddle and tack along with the sale.

Tips & Warnings

• Never invite strangers to your home or farm to look at a horse for sale without another person present. Though thankfully rare, some people will take advantage of you being alone, leaving you harmed, robbed or absent one horse with no payment to show for it.