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MM Announces Reduced Mare & Weanling Comms
In sales news, Magic Millions has announced that the 2016 National Weanling & Broodmare Sale will have a new flat rate commission of 3.5% across all lots. "These are the fairest across the board commission rates in the history of breeding stock sales in Australasia," Magic Millions managing director Vin Cox said, adding that there is also no passed-in commission for the Weanling and Broodmare sales. "Magic Millions have a proven record of selling right across the board - from all spectrums of the market and more than anything attracting a buying bench that will participate at every level." The Magic Millions National Weanling Sale will be held from May 29 to 31 and the National Broodmare Sale from June 1 to 5. They will be followed by the National Yearling Sale (June 7-9) before the series of auctions is completed with the National Racehorse Sale on June 10.