Selling a Horse on Consignment: How It Works
Selling a horse can be daunting if you lack experience. Instead of trying to feel their way through a sale, yet not knowing if they’ve received a fair offer, many people choose to take the headache out of this time-consuming process by using a consignor.
When you sell a horse through a consignor, you are handing over the reins to a professional who will market and sell your horse for you. In exchange for this service, most consignors will charge a 5-15% commission on the horse’s sale price.
There are many reasons people opt to sell their horse through a consignor. A consignor will often have significant training expertise, high-profile connections, quality boarding facilities, years of industry knowledge and enviable negotiation skills. But one reason is much more common among those who sell their horse on consignment: these private and even professional owners often lack the time and resources to respond to emails, pay for ads and market their horse to get the best possible price for their bloodstock.
So how do you sell a horse on consignment? We’ve put together the below guide to explain the sales consignment process.