Ever since the ancient times there have been animal auctions all over the world and horse auction is the most popular of them all. The horses of different varieties, breeds and sizes are taken to the auction sites and are bid upon. Like in any other general auction, horses are displayed to the potential bidders and they select the best looking amongst them and start bidding on them. Some of these animals present in the auctions are also the rescued ones that were not being properly treated and fed. So, many animal activists also attend such auctions to save these horses. Because if they are not sold, they are sent to the slaughter houses even if they are not old and weak. So let us tell you how the auctions actually works.
How To Get In?
You will get to know about the auction sites usually from the advertisements in the newspapers or the internet or flyers. There are many sites that hold the auctions. Summers and springs are the best times for any kind of auctions, as at this time the horses are at their best. The auction houses are usually free to enter. There may be entry fees to some of the high class auctions but it is fairly minimum. So you just need to go to the site and enter either by showing your ticket or just for free. Even in the parking area you can see a number of horses being carried around by their owners or some of whom have been tied to the vehicles.
How To Select?
Once you enter the auction area, you will see a huge number of horses of various breeds, shapes, sizes and costs. You can go to each stall and talk to the owners about the horse. It is very important to ask them the questions about the age, breed and the medical history of the horse. Do not just select the first horse that catches your attention because the best horse for you can be found if looked for properly. Make sure to check the horses certificates and also make sure that the dealer is legal. Also you need to keep in mind that it is not possible to know the actual nature of the horse because some of the sellers might drug them to stay calm and composed or just show of they are healthy whereas in reality it might be a little different. After knowing the whole history and physical features of the horse, the next step should be interaction with the horse. This will let you know how the horse reacts to strangers and how trained it actually is. Once all the criterias are met, settle down to a few horses that you actually like. Then you go to the bidding step.
How To Buy?
Now since you have selected your preferred horse, buy an auction ticket and sit in the bidding area. Decide your budget and bid beforehand. It is not advisable to get hyped and bid more than necessary on a horse. You should make up your mind as to how much you can actually pay for the horse. Keep in mind that buying the horse is the first spending that you have to do, maintaining the horse costs even more. Now, when the auction starts start making bets. If the bets go above your budget, let it go. If it goes in your budget then the bid is accepted and the horse is sold to you. Now once you have won the auction, you have to go to the cashier’s counter to pay for the horse. The transaction is made immediately so carry the cash or card or your cheque with you. You should also know that the auction house charges some commision while taking the payments from you which can be anywhere from 10% to 20%. Once you have made the payment, the horse is yours and it is mandatory to take the horse on the same day, so make sure you have provisions for that to.
These are the few steps in which an auction actually takes place.