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Why Use RBA?
Why use Randwick Bloodstock Agency?
Advantages of buying privately via Randwick Bloodstock Agency
- Can sometimes get very good deals. We have many contacts and clients who supply us with constant listings and sometimes a bargain just comes out of nowhere.
- The purchaser usually has plenty of time and opportunity to do their homework on a prospective purchase. They can employ the services of an independent veterinary surgeon to give a full report on the horse if required. Some of the tests that they can perform include X-Rays, laryngoscopic examination, electrocardiograph, ultrasound of tendons & ligaments, ovaries & uterus, blood testing for drugs, disease, etc, etc. At an auction, it is not possible to carry out many of these tests.
- If you are using a reputable agency, this agency can provide you with good sensible advice when making your purchase.
- An agency has stock for sale all the time. There is no need to wait for the next auction to come around, which sometimes can be two to three months away.
- The agency can assist with organising transport, insurance and agistment for any purchases, plus if required, can even play an ongoing role in the management of the horse.
Advantages of selling privately via Randwick Bloodstock Agency
- A private sale can take place immediately and settlement will usually occur within one to seven days of the sale taking place. If you are selling a horse at auction, entries close approximately four to eight weeks prior to the sale and settlement usually occurs four to six weeks after the sale takes place. Therefore, it could take up to fourteen weeks from the time of entry to the time of payment.
- No auction entry fee required. Saving of between $200 to $1,500/horse.
- No transport costs to move horse to auction venue. Saving of between $50 to $1,000/horse.
- No stabling costs at auction venue. Saving of between $30 to $150/horse.
- No need to take time away from work or business commitments to attend the auction, plus save on costs of travel required to attend the auction.