I am trying to sell my yearling but it says I must wait 129 days. Why is that? I don’t see why I have to wait so long to sell this horse. Can somebody help explain this to me?
You need to own a horse for six months or three ‘uses’ (i.e. racings or breedings) before you can sell it. Of course, you can’t really ‘use’ a yearling, so you’ll just have to wait the 129 days. The good news is that when you are able to sell it, people may actually be more interested in it because it will be a raceable 2 y.o. a few months later. In that same line of thought, though, you also may just want to hang onto it.
While I’m not sure exactly why this rule is in place, my theory would be that it’s to make it harder for people to cheat by swapping horses back and forth between stables to get extra money/activity points and so on. It may also be a database-preserving issue (to keep transactions from cluttering up the database unnecessarily).
Both. Primarily the former, though…I wanted to avoid “pinhooking” in FF. It’s mainly to prevent people from taking advantage of a nice price on a horse and then immediately turning around and selling the horse for a higher price (generally, in the hypothetical, because the original seller was new/inexperienced and didn’t know the horse’s true value). So now you have to actually keep/use the horse a few times before you can pass it on.
Given that yearlings can’t really “do” anything anyway, waiting 6 months to sell one doesn’t seem like a huge issue.
SunStar,
I assume that you are referring to Take Your Chances?
If you are determined to sell her, I’ll offer you $20,000 for her. I have a 4YO filly out of the same mare as Take Your Chances (Ch. Sheza Dreamer), so would be interested to see if TYC can follow in her older sisters footsteps (hoofprints).
Let me know.
Shanthi - If SunStar agrees to the sale, do you think that $20,000 is a reasonable offer to make for this yearling? I looked at the prices that a few yearlings sold for in recent auctions and took the average. I see that SunStar is a relative newbie and don’t want to take advantage of her (mind you, I’ve only been active in FF for about 6 months longer than she has!).
I know that Take Your Chances can’t be sold until December but I’m willing to wait until then to actually take possession of her.
Whatever price you both agree to is fine. The point of the time/use limit on selling horses is to prevent people from buying a horse on Monday for $500, and then selling it on Thursday for $50,000, not to prevent someone from selling a horse at a price they feel is fair (whatever that price may be).
Well if I have to keep her until december she’ll be a raceable two year old so I might as well hang on to her and she what she is capable of. If I don’t like her then Dash For Cash asked first so to be fair that stable gets first pick
Would it be necessary to implement this to leased horses? My reasoning behind the question is based on a few sales I made recently that seem to have been taken advantage of or “tried” to take advantage of. I sold gelding Ozemandius for $1,000. I assumed he was past his prime but may still be able to race and make a few bucks here and there, which I didn’t really have the patients for at the time…only to find him put up for lease for $20,000 after never been raced by his new owners. Sad! lol. Not like it really matters since it only takes a few clicks to see it’s a bad deal. The other was Worthy Too who I sold for $3,500. He is now up for lease for $45,000 after being raced only once! Now come on guys!
In my opinion you need to race them at least half a dozen times or more to see what they are capable of, any horses i bought that i sold due to not having patience (they keep dumping their exercise riders etc) , lol, I tried to race at least that many to see if i had them pegged, which if i sold them i didnt get it!! I agree on the lease thing, i noticed that a few times myself. I checked out a horse to see and it had been sold for cheap and was trying to be leased for a heck of a lot more.
If you find a steal and can lease it for big bucks, that’s your business. I’ve seen some pretty ridiculous lease fees on the sales page, but the reason I’ve seen them is that they’re not being leased. I think most of the members are smart enough to look at a horse’s race record, lease timeframe, and fee, and figure out if it’s worth it to them. If someone wants to pay 200k to lease a maiden 6yo SC gelding for 3 months, that’s their business.