WHAT IS MARKET VALUE VS. FAIR MARKET VALUE?
In my profession as an equine appraiser, I am called upon for a variety of assignments to develop an opinion of value. I often see much confusion between Market Value and Fair Market Value.
What is Market Value vs. Fair Market Value? When a client asks what something “is worth”, the inquiry is typically for “market value”. Market value provides a base line for negotiations should th ... read more.
First Impressions of a Sales Prospect
8/22/2019 7:58:10 PM
There are many things that I like to look at when assessing a sales prospect, but one of the very first things I consider is the “First Impression”. We all know that First Impressions are important and there is a reason for it. Our gut instinct is a survival tool and one that can be well utilized if we learn to let it guide us vs. our emotions when buying a horse. Our first impression is a tool of survival our natural instinct uses to help us make sound decisions ... read more.
The Shame Game
8/9/2019 6:55:16 PM
Horses are an expensive indulgence. And it does not matter if you purchase a $2,000 or a $200,000 horse, the cost after the purchase is ongoing and can be very expensive. Make sure the upfront purchase is accurate and on target, because you have the ongoing expense after that. Even more important, you may have to sell the horse down the road. Make sure you buy it right. That $2,000 horse for some may be as expensive as the $200,000 horse to another. It is all per ... read more.
Green and Yellow make Black and Blue
I call it the “Green and Yellow make Black and Blue” phenomenon. As a Senior Certified Equine Appraiser and as an Equine Expert Witness I have seen numerous situations where nice, young, green horses have been ruined by very green “inexperienced” and scared “yellow” riders. Conversely, I have seen some potentially very talented riders end their careers early or riders who have always dreamed of owning a horse become injured or permanently ... read more.
1/8/2019 3:59:34 PM
Here is an easy New Year’s Resolution that is very easy to keep and is so important in maintaining a healthy, strong and shiny horse. The effects of internal parasites range from poor weight, dull coat, reduced appetite, colic, anxiety, itchy tail, poor use of feed nutrients and many others. Paste wormers are inexpensive and can be purchased at your local feed store. Here are two easy schedules outlined for you to follow. As always, you may want to check with you ... read more.