Are you in the market for a new horse? If so, ensure you conduct at least a two-stage, if not a five-stage, vetting process to make sure your chosen horse is healthy and happy. Once you’ve found the horse that matches your needs, it could be time to discuss price.
If you have ever used negotiation skills as part of your job or taken one of the best negotiating classes, you can use these skills to secure a great horse for the best price. Some recommended tips for horse buyers include:
Understand the Local Horse Market
Before making an offer on a horse, it’s important to know the local market. How much is a reasonable price for that type of horse, at that age, in that area? Compare prices of different sellers.
Understand that price is not necessarily a measure of the quality of breed or care. Every seller has their pricing policies and different markups. Having price comparisons handy can give you the upper hand in price negotiations.