Page 1 of 3 1 2 3 LastLast
Results 1 to 20 of 46

Deposits

This is a discussion on Deposits within the Before & After the Hunt forums, part of the HUNT AFRICA category; The booking agent I'm dealing with for my 2014 hunt wants a 50% deposit nine months out from the hunt. ...

  1. #1
    postoak is offline AH Senior Member
    Joined
    Dec 2012
    Posts
    67

    Member of NRA

    Hunted U.S.A., R.S.A

    postoak has no Articles
    View postoak's Photos

    Default Deposits

    The booking agent I'm dealing with for my 2014 hunt wants a 50% deposit nine months out from the hunt. That seems sort of high. Is it normal and okay?

  2. #2
    1ObsessedHunter's Avatar
    1ObsessedHunter is offline AH Veteran
    Joined
    Sep 2012
    Posts
    180

    Member of NRA Life Member

    Hunted South Africa

    1ObsessedHunter has no Articles
    View 1ObsessedHunter's Photos

    Default

    I think it is. But I think it also depends on what you're hunting and where. If this is a plainsgame hunt, it would seem high to me.

  3. #3
    owenowen's Avatar
    owenowen is online now AH Veteran
    Joined
    Mar 2009
    Posts
    194

    Hunted South Africa, Mozambique, Zambia, Botswana, Namibia

    owenowen has no Articles
    owenowen has no Photos

    Default

    I agree with 1ObsessedHunter.......

  4. #4
    postoak is offline AH Senior Member
    Joined
    Dec 2012
    Posts
    67

    Member of NRA

    Hunted U.S.A., R.S.A

    postoak has no Articles
    View postoak's Photos

    Default

    Sorry, yes plains game only. On a private place in Botswana.

  5. #5
    Buff-Buster's Avatar
    Buff-Buster is offline AH Elite
    Joined
    Aug 2011
    Posts
    1,031

    Member of Houston Safari Club, Gulf Coast SCI, SCI International. Rowland Ward, NRA, RMEF, Nort American Hunting Club - Life Member, Texas Trophy Hunters

    Hunted Mozambique, South Africa, (Kwa-Zulu Natal & East Cape), Zimbabwe (Charisa & West Nicholson), U.S.(Texas, New Mexico, LA, Mississippi, Oklahoma, Wyoming & Montana), Canada (Alberta) & Argentina (Cordoba)

    Default

    Quote Originally Posted by postoak View Post
    The booking agent I'm dealing with for my 2014 hunt wants a 50% deposit nine months out from the hunt. That seems sort of high. Is it normal and okay?
    Postoak,
    Typically, you will have to put down a deposit equal to half of the daily rate. Seven day hunt at $400.00 per day = $1,400 deposit. All outfits are different but this is pretty standard. Most also want the balance 30 days prior to the start of your safari with trophy fees payable before leaving.

  6. #6
    James.Grage's Avatar
    James.Grage is online now GOLD SUPPORTER
    Joined
    Feb 2010
    Posts
    2,258

    Member of NRA, ATA, PITA, NAHC, NAFC, DU, TU, DSC, SCI, RMEF

    Hunted USA - Canada -Tanzania, South Africa, Zimbabwe, Africa

    James.Grage has no Articles
    View James.Grage's Photos

    Default

    Postoak

    There are 2 different Safari we could be looking at?
    1. Package Safari deal. PH & number of animals Set rate.
    2. PH daily fees and Selected Trophy animals

    #1. Package deal - you would need to make a deposit of 1/2 the safari fees at time of signing. With the balance due 1 to 2 months prior to leaving on your safari.

    #2 - PH daily fees and selected trophy animals.
    You will need to make a 1/2 deposit of the daily fees at time of signing. with the remainder 1 to 2 months prior to leaving on your safari. Also you have to make arrangements on how to make the trophy animals payments at this time. Pre-pay a basis amount. cash on hand, bank transfer, credit card or the method of payment you work out.

    Some times when booking years out the deposit may be 1/4 the package or daily rate.
    James Grage - New Mexico
    Hold a steady Eye & Rifle...
    "Very few of the so-called liberals are open-minded...they shout you down and won't let you speak if you disagree with them." John Wayne

  7. #7
    postoak is offline AH Senior Member
    Joined
    Dec 2012
    Posts
    67

    Member of NRA

    Hunted U.S.A., R.S.A

    postoak has no Articles
    View postoak's Photos

    Default

    It is a package deal. My package deal for 2013, I only had to put down 20%, so just wondering.

  8. #8
    1ObsessedHunter's Avatar
    1ObsessedHunter is offline AH Veteran
    Joined
    Sep 2012
    Posts
    180

    Member of NRA Life Member

    Hunted South Africa

    1ObsessedHunter has no Articles
    View 1ObsessedHunter's Photos

    Default

    Jame/Buff Buster...is that really how it generally works? My experience is limited. However, my outfitter never asked me for the balance of the safari prior to arrival. I put up a reasonable deposit and the balance at the end of my safari. I would be very reluctant (especially as a first timer) to put up thousands of dollars up front. Why would you pay for trophy fees up front....you may not even fill your package of animals. It doesn't make total sense to me but if that's how it is, then that's how it is.

  9. #9
    TOM's Avatar
    TOM
    TOM is offline AH Elite
    Joined
    May 2009
    Posts
    1,595

    Member of SCI,DSC, QDMA, QU

    Hunted Africa...are there other continents to hunt?

    Default

    As an agent, I follow what the operator wants. In general, most want a significant enough deposit to reserve the dates on the calendar. Without a financial commitment, the parties are not perceived as serious and cancellations can happen.

    Most operators like 50% of daily rates or package price down, but most all are open to arrangements as long as the original deposit is timely made and in a reasonable sum. I've taken as little as $1,000 for some hunt deposits and as much as payment in full for the clients "wish list" a year in advance in other circumstance. 50% is a general rule but there is some flexibility. Deposit secures dates and shows commitment. They are not meant to be burdensome but they have to be significant enough to commence hunt preparations and block off the dates as well....hope that makes sense.
    Tom

  10. #10
    James.Grage's Avatar
    James.Grage is online now GOLD SUPPORTER
    Joined
    Feb 2010
    Posts
    2,258

    Member of NRA, ATA, PITA, NAHC, NAFC, DU, TU, DSC, SCI, RMEF

    Hunted USA - Canada -Tanzania, South Africa, Zimbabwe, Africa

    James.Grage has no Articles
    View James.Grage's Photos

    Default

    OH
    a package deal included the trophy feed for the animals weather shot or not. so it is paid in full prior to leaving to go.

    On the PH and trophy fees. PH fees would need to be paid in full prior to leaving. As you shoot animals you will have to pay for those animals on a daily basis or at the end of the hunt. This is worked out prior to leaving.

    I have no issue with having a pre paid amount to the outfitter before i leave on safari. And if i have a balance i pay in cash or when i return what ever is worked out before hand.

    Quote Originally Posted by 1ObsessedHunter View Post
    Jame/Buff Buster...is that really how it generally works? My experience is limited. However, my outfitter never asked me for the balance of the safari prior to arrival. I put up a reasonable deposit and the balance at the end of my safari. I would be very reluctant (especially as a first timer) to put up thousands of dollars up front. Why would you pay for trophy fees up front....you may not even fill your package of animals. It doesn't make total sense to me but if that's how it is, then that's how it is.
    James Grage - New Mexico
    Hold a steady Eye & Rifle...
    "Very few of the so-called liberals are open-minded...they shout you down and won't let you speak if you disagree with them." John Wayne

  11. #11
    sestoppelman's Avatar
    sestoppelman is online now SILVER SUPPORTER
    Joined
    Apr 2010
    Posts
    2,203

    Member of NRA, NA Hunt Club

    Hunted Tanzania, Botswana, Zimbabwe (2), Namibia, South Africa

    Default

    Some outfitters dont require the balance of daily rates until you arrive in camp, usually before the hunt commences. If you have hunted with them before and they know you likely you wont pay until the end of the hunt unless the outfitter needs the money for whatever reason. Half the daily rate is standard up front. On a package hunt it could be half the package cost. Having your booking agent send trophy fee money ahead by transfer, (or hold in escrow) is becoming more common and its a good idea as you wont have to pack so much cash or checks around, its easy to lose stuff with all the traveling and transfers. Put more in escrow than expected and whatever is left can be applied to the daily rate or used for tips, gifts etc., or refunded, usually when you return home.

  12. #12
    enysse's Avatar
    enysse is online now AH Ambassador
    Joined
    Jan 2009
    Posts
    5,197

    Member of Northeast Wisconsin SCI chapter, Lifetime member of NRA,RMEF

    Hunted Namibia, South Africa (East Cape, Guateng and Limpopo)

    enysse has no Articles
    View enysse's Photos

    Default

    I think a 50 percent down payment on a package hunt is ok, especially if the outfitter locks in price on all trophy animal fees. It shows you are committed to the hunt.

  13. #13
    1ObsessedHunter's Avatar
    1ObsessedHunter is offline AH Veteran
    Joined
    Sep 2012
    Posts
    180

    Member of NRA Life Member

    Hunted South Africa

    1ObsessedHunter has no Articles
    View 1ObsessedHunter's Photos

    Default

    Quote Originally Posted by James.Grage View Post
    OH
    a package deal included the trophy feed for the animals weather shot or not. so it is paid in full prior to leaving to go.

    On the PH and trophy fees. PH fees would need to be paid in full prior to leaving. As you shoot animals you will have to pay for those animals on a daily basis or at the end of the hunt. This is worked out prior to leaving.

    I have no issue with having a pre paid amount to the outfitter before i leave on safari. And if i have a balance i pay in cash or when i return what ever is worked out before hand.
    Thanks. This is good to know. At least I won't be surprised in the future if asked to provide a larger down payment or payment in full.

  14. #14
    Diamondhitch's Avatar
    Diamondhitch is offline AH Legend
    Joined
    May 2011
    Posts
    2,309

    Member of SCI

    Hunted Canada (AB, SK, NWT, BC) USA (NM, TX) South Africa (Limpopo, KZN, Free State, Eastern Cape, Northen Cape), Kyrgyzstan

    Diamondhitch has no Articles
    View Diamondhitch's Photos

    Default

    Quote Originally Posted by 1ObsessedHunter View Post
    you may not even fill your package of animals.
    On a package hunt the price is set whether you kill all included animals or not. Reputable outfitters only offer packages that they are sure they can fill and in the circumstance that you do not get a reasonable opportunity on an included animal, they usually allow you to take a different animal of equal value.
    The journey is the reward.

  15. #15
    Diamondhitch's Avatar
    Diamondhitch is offline AH Legend
    Joined
    May 2011
    Posts
    2,309

    Member of SCI

    Hunted Canada (AB, SK, NWT, BC) USA (NM, TX) South Africa (Limpopo, KZN, Free State, Eastern Cape, Northen Cape), Kyrgyzstan

    Diamondhitch has no Articles
    View Diamondhitch's Photos

    Default

    Quote Originally Posted by enysse View Post
    I think a 50 percent down payment on a package hunt is ok, especially if the outfitter locks in price on all trophy animal fees. It shows you are committed to the hunt.
    I agree, You lock the dates, He locks the price - win-win.
    The journey is the reward.

  16. #16
    Bushwack's Avatar
    Bushwack is offline AH Enthusiast
    Joined
    Aug 2009
    Posts
    477

    Hunted Botswana, Namibia, South Africa

    Bushwack has no Articles
    View Bushwack's Photos

    Default

    +1


    1. all package deals - 50% of total package, the rest when leaving the camp. Ph's fees, animals fees, camp, concession ect. all already included...package deals get constructed a bit differently.

    2. Not booking package deals, will be 50% on the daily rate upfront , the rest when leaving camp.


    Quote Originally Posted by Diamondhitch View Post
    I agree, You lock the dates, He locks the price - win-win.
    Bushwack Safaris - South Africa
    Mobile: +27 82 773 4099
    Mail: bushwacksafaris@vodamail.co.za
    Web: http://www.bushwacksafaris.co.za

  17. #17
    The Big Game Hunter's Avatar
    The Big Game Hunter is offline AH Senior Member
    Joined
    Nov 2012
    Posts
    70

    Member of NRA, SCI, RMEF

    Hunted Namibia, Zimbabwe

    The Big Game Hunter has no Articles
    View The Big Game Hunter's Photos

    Default

    On both of my safaris I was required to deposit 50% of the daily rates. Each time I elected to pay more just so I didn't have to carry so much cash, but I never had to pay for any trophy fees before I actually went on the hunt. On both safaris I paid all remaining fees on the last night of the hunt. I personally don't feel comfortable pre-paying for trophy fees. Several years ago my father pre-paid for an entire hunt and did not take all of the animals he paid for. While he eventually did get a refund, it took far too much time and effort to do so.
    http://www.thebiggamehuntingblog.com/
    The most terrifying sound in nature is not the roar of a charging lion, nor the whistle of a descending bomb; rather it is a click when you expect a bang.
    Peter Capstick

  18. #18
    Bobpuckett's Avatar
    Bobpuckett is online now GOLD SUPPORTER
    Joined
    Dec 2009
    Posts
    3,600

    Member of NAHC Life Member, NRA Life Member,SCI, Buckmasters

    Hunted USA(from Coast to Coast and Alaska), Germany, South Africa, Canada

    Bobpuckett has no Articles
    View Bobpuckett's Photos

    Default

    Quote Originally Posted by sestoppelman View Post
    Some outfitters dont require the balance of daily rates until you arrive in camp, usually before the hunt commences. If you have hunted with them before and they know you likely you wont pay until the end of the hunt unless the outfitter needs the money for whatever reason. Half the daily rate is standard up front. On a package hunt it could be half the package cost. Having your booking agent send trophy fee money ahead by transfer, (or hold in escrow) is becoming more common and its a good idea as you wont have to pack so much cash or checks around, its easy to lose stuff with all the traveling and transfers. Put more in escrow than expected and whatever is left can be applied to the daily rate or used for tips, gifts etc., or refunded, usually when you return home.

    ses is right with the outfit I hunt with they require a 50% deposit on all package hunts and the rest to be paid upon arrival. and if it is not a package hunt then 50% of the daily rates to book the rest of the daily rates due upon arrival or before hunt starts the fees for animals taken before departure. I have also noticed that the outfitters requiring 50% or more deposit also offer you most or all of your deposit back if you have to cancel the hunt in a reasonable amount of time before the hunt begains.
    Enjoy life now -- it has an expiration date.

  19. #19
    Joined
    Aug 2011
    Posts
    184

    Member of NAPHA, DSC, SCI

    Hunted NAMIBIA, AFRICA.

    Kowas Hunting Safaris has no Articles
    View Kowas Hunting Safaris's Photos

    Default

    The trophy hunting business is all about TRUST (mutual trust). As outfitter, we trust that the client will arrive, will have funds to cover costs, practised, etc,etc while the client trust that the outfitter will meet all promises made: abundance of wildlife, excellent trophy quality, personal attention, etc, etc.

    We (Kowas Hunting Safaris) request a deposit of only US$800 per person to secure the safari dates. If the safari is scheduled for 2013, the deposit is payable now. If the safari is scheduled for 2014, the deposit is payable as from end September 2013. The willingness to pay a deposit indicates the seriousness.

    The balance of the safari cost is payable on the last day of the safari.

    Thank you for allowing us to share with you what works for us for the past 2013 years. Happy hunting.
    Ansie Strauss
    Kowas Hunting Safaris - Namibia
    kowasadv@iafrica.com.na
    www.kowasadventure.com

  20. #20
    BRICKBURN's Avatar
    BRICKBURN is online now SUPER MODERATOR
    Joined
    Aug 2010
    Posts
    6,287

    Member of KZN Hunters Assoc

    Hunted Namibia (Otavi, Ozondjache) South Africa ( LP, KZN, NC, EC) Botswana (Ghanzi) Canada (BC, AB, SK, MB, Ont, PQ, NS) USA (MT, WA, SD, CA, CO, WY, KS, MN, NC, VG, UT, HI)

    BRICKBURN has no Articles
    View BRICKBURN's Photos

    Default

    Quote Originally Posted by Kowas Hunting Safaris View Post
    The trophy hunting business is all about TRUST (mutual trust). .........
    I just had an outfitter request a R1000 deposit by bank transfer.
    A Grand total of $112.68 CAD by todays exchange.

    The poor outfitter just wants some form of commitment, he does not not know me and all he is asking for is a token really.
    Which I truly appreciate.

    The hitch, the bank fees charged (by my bank): $25.00 and $15.00 and an exchange rate fee of about 5%.
    Which comes out to $45.63 to make this transfer plus the minimum half hour in the bank waiting for them to figure out how to do a transfer.
    40% of the deposit amount just to make the transaction.


    I am investigating internet money transfers at the moment.
    With this I get to use a credit card (more safety for me) and I get to pay a small fee. One site is 3.99 Pounds and the exchange rate of about 4%.

    Questions:
    Have any of you used this type of service with an outfitter?
    Outfitters, have you used this kind of service?
    Do you have one you would suggest?
    Practice whispering before you leave for Africa!
    A Legend in my own mind!

Page 1 of 3 1 2 3 LastLast

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •