French bloodstock agents are recognised for their knowledge of pedigrees and of international markets and are often found representing their clients overseas. They are among the most important advisors to breeders and owners, particularly new investors. Whilst the main activity of a bloodstock agent is the purchase and acquisition of racing and breeding stoc, they will advise on anything from stallion selection to management of a horse’s career. Most agents can also assist with accounts and fiscal matters relating to your bloodstock.
Buying and selling racehorses is their main activity, and they also advise many owners and breeders on anything from pedigrees to a horse’s career. Tax representation and invoice handling also come into their line of work.
Bloodstock agents are equine professionals who buy and sell Thoroughbreds on behalf of their clients in exchange for a commission. They analyze pedigrees and conformation to assess the value of Thoroughbreds being offered for sale, both privately and at public auctions. Agents also bid on horses in the auction ring for their clients and may initiate or broker deals for horses being offered privately.
Many agents advise their clients on breeding plans for their broodmares, and they may facilitate the booking of these mares to stallions that are in high demand.
A bloodstock agent may also appraise horses for insurance purposes or direct their clients to providers of insurance. Agents usually receive a commission for the referral, paid to them by the insurance agency.
Bloodstock agents must travel extensively to represent their clients at sales across the country and internationally. They must constantly network and build relationships with industry professionals to maintain and expand their sales business. Additionally, agents must be able to work closely with veterinarians, farriers, and other equine health professionals to evaluate the fitness of individual horses.