gavelhouse.com Standardbred auctions now fortnightly

Monday, July 13, 2020

HRNZ News

After entering the digital auction-sphere for Standardbreds just under a year ago, gavelhouse.com is upping the ante by increasing the frequency of their popular mixed stock auctions to fortnightly.

gavelhouse.com’s General Manager Haylie Martin believes the change will benefit all.

“The fortnightly auctions have been incredibly successful on our thoroughbred site and at a time in the industry where every dollar counts more than ever, this gives owners the opportunity to trade out of horses faster,” Martin said.

“This will also spread the workload for transporters and staff more evenly over the months while building momentum with buyers tuning in more often.”

In its short time online, gavelhouse.com Standardbred has made a big impression on the industry, becoming a valuable addition to the trading landscape both domestically and internationally.

Recently the site played host to parent company NZB Standardbred’s 2020 All Age Sale, which saw 138 lots sell for a turnover of $1,042,310 and the clearance rate topping 97%.

The highest priced Lot to date sold on gavelhouse.com Standardbred is Alta Debonair (pictured), an Art Major colt who fetched $52,500 on account of Alabar NZ.

Entries for the next auction are set to close next Wednesday 15 July at 7pm, with the sale going live Thursday 16 July at 5pm running through until the following Wednesday 22 July.

Bidding will close from the first Lot incrementally starting at 7pm on 22 July.

For enquiries contact representative Cam Bray by calling +64 21 737 199 or emailing cam.bray@nzb.co.nz.