Page 1 of 1

Keeneland reduces commissions

Posted: Wed Jul 08, 2009 3:03 pm
by dray33

Posted: Wed Jul 08, 2009 3:10 pm
by LB
Good for them!

I'm glad to see them make an effort to give the breeders a hand. :)

Posted: Thu Jul 09, 2009 7:53 am
by Dave C
Glad to see they 'get it'. Everyone has to bring their costs into line with the new economic reality. The pie has shrunk, if it isn't divided equitably it will disappear altogether.

Posted: Fri Jul 10, 2009 9:54 am
by Mood Swings
Sweet! Now if other sales companies would follow suit I'd be even more impressed :D

Posted: Fri Jul 10, 2009 11:12 am
by madelyn
What is good about this is it will likely increase the number of reserves and discourage seller bidding, provided this decreased commission is ONLY on a reserve price.