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Wouldn't we all like to sell a horse and enjoy the surprise of receiving a much higher price than expected? OF COURSE!. But, listing at online auctions or sale pages at just dum-dum starting $$$ only does one thing. Makes the seller look idiotic. Recent lines, acquisition costs and other determining info. is pretty much EZ available. The real twister that causes a certain scream is the listing start that is higher than the horse's most recent claiming classification. If the buyer and/or buyers get caught up in the bidding frenzy, maybe remember a horse from days gone by or believe the offering is worth more * that's on them. And! it sometimes happens. BUT, for crying out loud! Don't ask $20K for some $5K dog and then scratch your head when you don't get a single bid.RE: I wrote this because I see a few ongait today that fit this situation
Too many sellers get caught up in a pedigree 2 or 3 generations back.If your selling a 5 or 6 yr old with a hundred starts that hasn't beat 58 or made 50k, what his mother's uncles cousin did has zero value.(If my brother does sculptures, that doesn't help me carve a turkey one bit!) At other times the high ask is directly corrilated with a Trainer filling the owners head with b.s. excuses over time and lies about fake training times . The true test of value is claiming races. If a horse has been in the class with a tag attached for 10 or more starts and has not been claimed or gotten an offer the price is to high in my book!