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The
Federation of Bloodstock Agents Australia Ltd was formed in 1988 to maintain,
improve and develop the standards, status and services of Bloodstock Agents
throughout Australia and to present and promote the views of it's members. Right
now, there are 25 member firms which are available to assist in the sale and
purchase of bloodstock as well as assisting in matters pertaining to bloodstock
valuations, consultancy, management, matings advice, insurance, shipping, and
other related matters.
The
Federation is the best point of contact for people requiring advice and guidance
with their thoroughbred racing and breeding operations. The minimum requirement
to become a member is five years operation and at present members have on
average, been working in the bloodstock agency field for twenty three years.
Each member has agreed to abide by the Federation's Code of Ethics and is held
to account via a complaints system which gives further assurance of integrity
and professionalism.
Services
Provided by Members
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Selection
and Purchase of yearlings, racehorses and breeding stock by private treaty and
public auction.
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Selection
of stallions suitable for the Australian Racing Industry, either from local
ranks or overseas.
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Purchase
of shares in stallions.
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Recommendations
of matings for mares and purchase of stallion nominations.
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Placement
of insurance with recognised firms, not only to secure a competitive rate but to
ensure the policy meets the needs of the client.
Consultancy
Member
firms are happy to consult on any of the above matters, even if a commission is
not to be fulfilled. A consultancy fee may be charged, but the way is open for a
client to secure any number of independent opinions for their investment
options.
Further
Services Provided by Members
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Opinions
of value of bloodstock for purchase, dissolution of Partnership or Insurance.
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Assistance
with Stud Book Documentation, Registration of your racehorse
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Recommendation
of a trainer for your horse and ongoing liaison
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Management
of your stock, checking and payment of accounts for expenses.
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Transport
arrangements for your horses across Australia and those being exported or
imported.
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Updates
on pedigrees, supply of statistical data for stock already owned, or prior to
your purchase.
Members
of the Federation recommend that investors undertake certain protective measures
to assist them achieve success in our industry. The expertise of members of the
Federation is set out above, but we can also recommend:
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Experienced
veterinarians to undertake physical appraisals of stock being purchased.
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Experienced
accounting and legal firms to offer advice on the establishment of joint venture
and syndication agreements.
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Agistment
properties, where the standard of horse care is suitable for the year round care
of your breeding stock and preparation of animals for sale
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Assistance
in joining the Thoroughbred Breeders Association and Racehorse Owners
Association.
Members
Australia Wide
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BLOODSTOCK
AGENTS
