PURCHASING AT AUCTION 
 
In common with most other agents and agencies DALE BLOODSTOCK charge 5% on purchases made for clients. 
This fee will generally include travel expenses to the auction, sustenance, telephone calls to the client and all other incorporated expenses incurred in purchasing a horse. 
Veterinary examinations will be invoiced directly to the client, from the relevant veterinary consultant. 
  • DALE BLOODSTOCK require that all their clients sign Agent Authorities, which are then lodged with the relevant sales companies. 
  • CREDIT APPLICATIONS will also be required if the client has no previous credit facility with the sales company. 
    • CLIENTS ARE FULLY RESPONSIBLE FOR THE PAYMENT OF ALL PURCHASES MADE ON THEIR BEHALF. 
     
    PRIVATE SALES 
     
    In common with the rest of the Industry, DALE BLOODSTOCK again charge a standard 5% fee on private purchases or sales made for clients. 
    For some sales a flat rate fee may be available, to be charged to either the purchaser or vendor (comission paid defining 'the client'), this being agreed beforehand. 
     
    VALUATIONS AND EXPERT WITNESS 
     
    Independent valuations on all bloodstock are also available. 
    As is an Expert Witness opinion opinion service in all cases involving thoroughbred horses. 
     
    CODE OF WORKING ETHICS 
    MEMBERS ARE EXPECTED TO SUBSCRIBE TO THE ETHICS OF THE FEDERATION 
     
  • Members of the federation are duty bound to act in the best interests of their client at all times, these interests must be considered paramount. 
  • Members shall carefully consider whether any potential conflict of interest may exist in any relationship or transaction, and must advise their client accordingly. 
    •            Example of such a conflict could include, but would not be restricted to: 
    1. Any relevant financial retainer with a third party. 
    2. Any previous purchase of, or involvement with a horse. 
  • Members must be diligent at all times and shall avoid misrepresentation or the concealment of pertinent facts. 
  • Information arising from and relating to an agent/client relationship shall always be confidential. 
  • Members shall not act in any way liable to bring the Federation into dispute. 
  • Clients of federation members shall have the right to make representations to the Council Of The Federation if they consider that a member agent has acted unethically in his/her professional conduct. The Council Of The Federation is empowered to suspend or terminate the membership of any member. 
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