New Zealand Bloodstock’s first online sale of thoroughbreds will take place next month on its relaunched gavelhouse.com platform, which it bought in 2014.
The first catalogue will be launched at 7pm on Monday, April 18, with the auction being conducted from 7pm on Monday,
April 25 until the auction closes on April 28.
The acquisition was the company’s first foray online as a specific trading tool for horses, NZB Managing Director Andrew Seabrook said.
“The timeliness factor of an on-line auction has driven us to take this different direction with the site.
“We have invested heavily to make surethat the technology behind the site is of the highest standard possible as we continue to
lead the way as one of the world leaders in bloodstock trading.”
gavelhouse.com will have auctions every month, and sellers can list a variety of thoroughbreds for sale including weanlings, yearlings, two-year-olds, unraced horses, racehorses, broodmares, stallions, stallion shares, and retired horses.
There is a 5% commission on sales $5000 and over, but no commission on sales of horses at $4999 and under. It will cost $250+gst for a standard auction listing, and $400+gst for a premium listing package.
Buyers can arrange to inspect any of the horses that are up for sale, either personally or by an agent . They can also have horses vetted before the sale and scoped afterwards.
Former NZB employee Haylie Martin has been appointed as head of sales and marketing.
“My enthusiasm for seeing hard-working breeders and owners in New Zealand rewarded hasn’t waned, and I can’t wait to get stuck in and get the best results possible for those that put their faith in gavelhouse.com,” Martin said.