I haven't been on in a while, and this is news to me. I have a few questions, how much does it cost to transfer a pet? Does it cost each person? Does your pet have to be a certain age before it can be transferred?
Transfers aren't new, but they were changed recently to make it so that the person receiving the pet has to accept the transfer. I'm pretty sure it doesn't cost anything, and you can transfer a pet of any age (but you can't transfer the pet back to your account for 30 days after, and a pet above a certain stat threshold will lose a good chunk of their stats, but I'm not sure exactly what the threshold is)
This new system is an improvement on the old. The old way you could send someone all your pets if they had the slots, however they couldn't stop or get rid a pet they didn't want. This new way just allows for more certainty that pet is correctly given and accepted.
As for stats I think once it hits the 1k and up mark it takes either 10% or 20% off the stats. Also transferred pets can't battle for 30 days.
FINALLY GOT THE 15K WARDROBE DONE!!!!! Next up gutting and selling it.