Post Number: 57
|Posted on Tuesday, April 01, 2008 - 12:28 am: ||
I am standing a Welsh stallion at stud this year, and am wondering what the booking fee is all about? Do I need to charge it?
Post Number: 197
|Posted on Tuesday, April 01, 2008 - 11:17 am: ||
I don't really know anything about this but I would think if you take a booking fee, people are less likely to mess you about ie book their mare in then not turn up!
I would make it non refundable.
Post Number: 1000
|Posted on Tuesday, April 01, 2008 - 11:26 am: ||
You dont have to charge it but if you book a slot then the mare is a no show you dont have anything to show for holding the spot. I would charge it and make it nonrefundable. In extreme cases you could refund it at your discression if you wanted. If you charge the booking fee they are less likey to change their mind mid-stream and leave you hanging. Think of it like holding a foal for someone without a deposit.
Post Number: 447
|Posted on Friday, April 18, 2008 - 01:07 pm: ||
I also stand a stallion. I charge stud fee, which includes the breeding and collection fees together. I have a breeding contract which requires payment in advance, regitration paperwork etc all before the shipment is sent. So far no problems with it.
My contract is on my website under the stallion link if you want to take a look at it. Its pretty simple.
www.djscoloredcorral.com Go to the stallion link and under his picture you will see the contract link.
Post Number: 192
|Posted on Friday, April 18, 2008 - 02:06 pm: ||
Speaking from my experience with Quarter Horse stallions,
Typically booking fees are approximately 1/4 the stud fee; i.e., a stud fee of $1,000 would include the $250 booking fee.
Booking fees are typically non-refundable. They are sent "in advance" when the mare owner decides to breed their mare to your stallion. As others previously stated, stallion owners typically use the bookings to a stallion to plan out their breeding seasons. You would hate to limit your book to say 20 mares and have several that didn't show up and then you have nothing to show for it. If someone is going to go ahead and send you several hundred up to even $1,000 for the booking fee to reserve a slot for their mare, then they are pretty serious about breeding to your stallion.
The booking fee does elimate some no shows and can really seperate the "talkers" from the "doers".
The booking fee is typically included in the stud fee.