Buyers Guide

As a buyer at Re-Offer.com you have a chance to purchase a lot which may have previously gone through a sales ring ‘unsold’ or which has not previously been offered for a sale at public auction. You may not have initially realised that a lot was a ‘vendor buy back’ and if you did know this you may have subsequently assumed that the lot was sold privately after the sale. Regardless, once you see that the horse has been listed on Re-Offer.com you now know with certainty that it is for sale and that it is on the market. You now have a fantastic opportunity to consider buying this lot and the chances are that the horse has been listed by the vendor with a competitive reserve.

How do I bid and buy a horse listed on Re-Offer.com?

Once you have seen a horse listed on Re-Offer.com which you are interested in buying you must register as a ‘buyer’ before you will be allowed to bid. Registration is simple and all that you need to do is complete the on-line registration form which is easily accessible on site. Once you have submitted your registration you must wait for your registration to ‘be approved’. If you are a buyer who is known to us then your ‘approval’ will be confirmed almost immediately. You will know that you have been approved as a buyer in two ways. The next time you log into the site as a user you will see the ‘approved buyer’ symbol and in addition, your approval as a buyer will be notified to you by email. Where appropriate your approval will include a ‘limit’ and it is to the value of this limit that you will be able to bid on any on-line lots.

Help Line

Buyers requiring any assistance with the service have access to 24 hour on-line support.

What information will each listing show?

• Each lot listed on Re-Offer.com will show:
• The ‘lot’ number which will correspond with the lot number originally allocated to the horse if previously cataloged by a sales house
• The pedigree of the horse and known updates
• Pictures and videos of the horse where available
• List of any bloodstock agents who have inspected the horse. You may wish to contact these agents for an independent opinion
• Details of any X-rays available for the horse
• Details of any veterinary reports available on the horse
• Details of any certificates (veterinary, Covering etc.) held by the vendor and available for your inspection
• Details of any vets who may have scoped or examined the horse

How do I bid?

Once you have been ‘approved’ as a buyer on Re-Offer.com you can place a bid by clicking on the ‘bid now’ icon found with the listing of each horse. You can also decide if your identity as a bidder is to be anonymous or if your identity can be revealed to the vendor and other buyers. It’s your choice. If you have been outbid immediately then you will be notified immediately on the screen as soon as your bid has been placed. If your bid is the highest bid at that time then you will receive an email confirmation. If your successful bid is subsequently beaten by another buyer you will receive an email notification that you have been outbid. This will alert you to log on and bid again. As the auction nears its end you are encouraged to remain logged onto the site so that you are tracking your bids in real time since once the auction ends the highest bidder will have the right to buy the horse in question. You can also track the horses on which you are bidding via the ‘tracking’ facility on-line.

What is the minimum bid which I can place?

The minimum bid which you can place on Re-Offer.com is £5,000

By what multiples do bids increase?

Subject always to the discretion of Re-Offer.com a buyer and bidder will be obliged to advance bids in multiples of 200 Pounds or Dollars up to 10,000 Pounds or Dollars; 500 Pounds or Dollars up to 20,000 Pounds or Dollars; 1,000 Pounds or Dollars up to 50,000 Pounds or Dollars; 5000 Pounds or Dollars thereafter. The currency of the bidding will be determined by the country in which the sales house is located through whose sales ring the horse had previously passed. Buyers will be invoiced by Re-Offer.com in the currency in which they bid.

What are the Costs?

As a successful purchaser you will be obliged to pay a ‘buyer's premium’ of 2.5% of your final winning bid. Subject to the Conditions of sale you will also be obliged to pay the purchase price and commission within 5 days of the end of the auction if you have successfully placed the winning bid. If you bid unsuccessfully and are outbid by another purchaser then you will not be charged for using the service.

How do I pay for a horse purchased through Re-Offer.com?

Within minutes of the auction ending, if your bid was the winning bid then you will receive by email an invoice for immediate payment. It is imperative that you settle this invoice within 5 days or you risk losing the Lot.