I would like to hear about everyones experience w/foal shares. Did you like the experience?
Did you not like it? Why not?
What would you want to tell someone who is thinking about it?
I'm trying to get a handle on foal shares, pay from proceeds, etc.
Thanks.
Foal Shares
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TB Dreamin'
- Maiden Special Weight
- Posts: 200
- Joined: Sun Nov 26, 2006 11:54 am
- Location: Kentucky by way of MN,CA,&IL
I have had good experiences with different farms and foal sharing. Its definately worth persuing if you have a nice mare and can't afford to pay the stud fee. Its an expensive business, get all the help you can. If for whatever reason you sell the foal for less than the cost of the stud fee, you still split the profit and owe nothing more.
Pay from proceeds is just as affective. We sold a weanling for 32,000 and owed 10,000 for the stud fee, so for us this was a great deal as we walked away with a profit. Of course it can go either way - just be sure to read what the terms are if you don't sell the said foal over the amount owed on the stud fee.
Pay from proceeds is just as affective. We sold a weanling for 32,000 and owed 10,000 for the stud fee, so for us this was a great deal as we walked away with a profit. Of course it can go either way - just be sure to read what the terms are if you don't sell the said foal over the amount owed on the stud fee.
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TB Dreamin'
- Maiden Special Weight
- Posts: 200
- Joined: Sun Nov 26, 2006 11:54 am
- Location: Kentucky by way of MN,CA,&IL
Thanks
Hey KLB-
Thanks for your input! Apparently no out there does this or has any opinions on this because I've rec'd NO opinions.
In your opinion, are foal shares and pay from proceeds a toss up?
Thanks again-
TB
Thanks for your input! Apparently no out there does this or has any opinions on this because I've rec'd NO opinions.
In your opinion, are foal shares and pay from proceeds a toss up?
Thanks again-
TB
Foal shares and pay from proceeds are two very different things. I'm not sure why you would think of them as being equivilent.
In a foal share--depending on how your individual contract is set up--you pay no stud fee and own the resulting foal in partnership with the stallion owner. The proceeds are then split between the two of you upon the sale of the foal.
Pay from proceeds is exactly that. You pay the stud fee to the stallion owner--but not until after the foal has been sold. The money recouped by the stallion owner isn't based on the size of the sale, you still only owe the original, agreed upon, fee.
In a foal share--depending on how your individual contract is set up--you pay no stud fee and own the resulting foal in partnership with the stallion owner. The proceeds are then split between the two of you upon the sale of the foal.
Pay from proceeds is exactly that. You pay the stud fee to the stallion owner--but not until after the foal has been sold. The money recouped by the stallion owner isn't based on the size of the sale, you still only owe the original, agreed upon, fee.