Professional Horse Services INTERNET AUCTIONS
HOW THE AUCTION WORKS
Professional Horse Services LLC has teamed up with BidWrangler, a leader in the field of online auctions. Our auctions are operated with the latest in online auction technology and support directed by one of the leading show horse auction companies in the world. Our staff is available to help sellers and buyers get the information needed to make the transaction as easy and effective as possible.
SELLING
Just like our live auctions, we do the marketing and promotion, handle the paperwork and handle the transaction. The bidding is done completely online during a specified time frame. Your horse(s) stay at home and are presented to potential buyers on their online catalog page. We will guide you in providing the information, photos and videos that will encourage buyers to bid on your horse.
Professional Horse Services LLC will promote the online auction through the same proven marketing that has reached nearly 35,000 buyers from around the world for 35 years. In addition to extensive Internet promotion on major equine web sites, we will send emails to our exclusive newsletter list and through email blasts to 500,000 active horse people.
Sellers can enter online using the convenient ONLINE ENTRY FORM that is available at prohorseservices.com. Entries can also be made by mail or fax with an entry form downloaded from prohorseservices.com or requested from our office. Sellers can post as many pictures and videos as they wish for each horse. Take advantage of articles that are available to help take better photos and videos.
We ask our sellers to provide more information than you will find on any other Internet horse marketing site. In addition to more initial information, Buyers will have time to inspect horses, perform pre-purchase veterinary exams and correspond with Sellers.
ELITE SESSION Entries
For sellers who are willing to provide more information on their horse to build buyer confidence, so they can get the best possible price. Pro Horse Services provides a QData Show and Produce record of the Sire and Dam of the horse entered in the auction. This session requires X-rays and a Vet Statement for the horse and can be downloaded here.
DOWNLOAD the vet statement HERE.
DOWNLOAD the x-ray views HERE.
RESERVE PRICES -These are the options for placing reserves or minimum bids on your horse.
These are the options for placing reserves or minimum bids on your horse.
- Sells with NO Reserve - Will sell to the highest bidder. The seller, or an agent for the seller, is prohibited by law from bidding on the horse to advance the price.
- Sell with an undisclosed Minimum Price – Minimum price is not public knowledge. The Seller determines the lowest bid that will be accepted. The bid can be placed in the BidWrangler system, which will automatically place bids for the seller until the bid has reached the reserve bid. If the reserve bid is not reached, the horse is not sold and is retained by the Seller.
ProHorseServices Online Auctions offer a feature where a Buyer can Make An Offer on a horse as soon as it is listed in the online catalog. Simply email the auction company to offer a price to Buy Now before the start of bidding. A Seller can accept the offer, negotiate with the Buyer or let the horse go to the auction bidding process. This feature has generated a lot of activity on horses and several Buyers.
After you have entered your horse online or faxed your entry to us, send the original registration papers to us along with a signed transfer report. We need the original papers and transfer to assure Buyers that the paperwork is in order. A copy of your horses Coggins test is also required. Please keep the original as it must travel with the horse to its new home.
The online sale catalog information will be posted on the auction website. Later entries will be added to the end of the appropriate session. Remember, early entries will have more time for Buyers to shop them.
The Seller will keep the horse free of charge for 5 days following the close of the auction. PHS will notify the Seller when Buyers payment has cleared so Seller can release the horse. Buyers are responsible for transportation arrangements and cost.
BUYING
Buyers: Bidder Registration Required
A bidder must go to bid.prohorseservices.com to register and be approved to receive a bidder number before they can bid. In order to obtain a Bidder Number you will be required to provide a valid credit card number. You card will NOT BE CHARGED for any purchases. We do not keep the credit card information on file. This information is only used to verify that you are a real person. This is a secure bidding platform and your payment information is safe.
By registering to bid, they are agreeing to abide by the terms and conditions stated by Professional Horse Services, LLC. and BidWrangler.com. By placing a successful bid, the bidder is entering into a binding agreement between Professional Horse Services, LLC. and the seller. Once accepted, bids may not be retracted or cancelled.
Bidders may contact the Seller to discuss the horse, to arrange a visit and inspect or have a veterinarian examine the horse. The seller will provide information on the horse’s disposition, training and health history and it will be available on the web catalog page.
Bidding:
Bidding will open and close at a specific time and date, which is listed for each auction.
Bidding on lots will close ONE-at-a-TIME at a prescribed time - usually every 3 minutes. A SOFT CLOSE bidding system is used. If bids are received within the last 3 minutes on the countdown timer on a horse, an additional 3 minutes will be added on that lot. Only after a 3 minute period passes with no additional bidding will the bidding close. Bidders have more time to think and react than with a live auction.
Bidding Procedure:
Bid the Ask
This is the most common type of bid in which you simply bid the amount the auctioneer is asking for an item. The bid button displays that ask amount, and tapping or clicking on the button twice will enter a bid for that amount.
Tap oncer to place your bid, Tap again to confirm your bid amount. If you decide not to bid, tap on the x to cancel your bid.
The system now recognizes your bid.
Max bid
A max bid authorizes the system to bid according to the auctioneer's specified increments up to your maximum bid amount. Your bid will never exceed the maximum amount you choose, and will only be bid up beyond the asking price if raised by competing bids. This is a great method of bidding if you aren't able to bid actively at the time the item approaches closing.
To place a max bid, click on the arrow to the left of the bid button and click or tap.
In the dialog box, enter your max bid, and then click "Place Maxbid"
You can now see both your current and max bid for the item.
Bid a Specific Amount
To bid a specific amount, click or tap on the arrow to the right of the bid button, and click on "Bid a Specific Amount."
Enter your custom bid amount in the dialog box, and click on "Place Bid."
You can now see you are the high bidder for your custom amount.
Buyers will be notified if they are the successful purchaser of a horse. After the bid closes, if the Reserve has been met that horse will be marked SOLD.
Buyers are required to complete payment through Professional Horse Services, LLC. within 3 business days of the close of bidding on each horse they purchase.
It is the responsibility of the buyer to arrange for transportation to get their new horse delivered. The seller may charge board for keeping the horse after 5 days from the date the auction closes.
This is an overview of the Online Auction procedure. Be sure to read the Terms of the Sale. Please ask for assistance if you need help with any aspect of the Online Auction.
Remember - Whether you are selling or buying - You get out of it what you put into it!
Professional Horse Services, LLC • P O Box 404 • Round Hill, VA 20142 • 855-272-3905
Mike Jennings • 703-346-8133
info@prohorseservices.com
