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What do art brokers charge?

What do art brokers charge?

How much money do Art Dealers make? As you’d expect, it depends on the type of art and the volume of sales. It’s generally commission based, and tends to range anywhere from 5% to 50%. The majority of our sales are in the $200 to $4000 range, and commissions are usually between 10% and 40%.

How do I find an art broker?

Just like some agents are finding artists on the web, you can find your next agent through a simple online search. Start local, looking for artist agents in your area. You can search “artist representative,” “private art dealer,” or “fine art representation” with your city or zip code to get some great results.

How does art brokerage make money?

Art dealers make money from the sell of artworks. Usually art dealers get a commission of the sell. The commission can range from 30 to 60% in the primary market. Some art dealers also work as art advisors, and that way they can apart from the commissions (usually lower) get a retainer from the client.

How do I sell my fine art pieces?

Individuals with fine art to sell usually have two options. They can either sell the piece on consignment, through an auction or dealer, or they can sell it directly to a gallery.

Is my art broker safe?

MyArtBroker offers you a safe and secure marketplace online whilst drastically reducing the costs for all involved compared to transacting via a traditional gallery or auction house. MyArtBroker offers 0% seller’s fees to all. Find out more about how it works here.

What percentage does an art agent take?

Entrepreneur.com suggests that art broker commission rates can equal roughly 10% to 20% of an art piece’s sale price (or the artist’s fee for a campaign, engagement, etc.). Meanwhile, the standard commission for commercial gallery representation sits at about 50% per piece, though fees can be anywhere from 20% to 60%.

What do art dealers look for?

Dealers have to understand the business side of the art world. They keep up with trends in the market and are knowledgeable about the style of art people want to buy. They figure out how much they should pay for a piece and then estimate the resale price. They are also often passionate and knowledgeable about art.

How do I sell fine art to my gallery?

Commission or Outright Sale There are two ways that you can sell work through a gallery. The art can either be sold on a commission basis or the gallery can choose to buy the artwork up front. The majority of gallery-artist agreements work on commission.

Is it hard to be an art dealer?

No matter what route you take, hard work and staying current with art trends and new artists is a given as the art dealer career field can be very competitive. The artworld is highly competitive and notoriously difficult to break in to. But that shouldn’t keep you from making industry connections.

Who is interested in using an art brokerage?

Art Brokerage welcomes dealers, artists, galleries, and private collectors to register securely and list with us. We are especially interested in assisting dealers who are retiring, liquidating or closing their galleries, as well as collectors looking to upgrade their collections.

What’s the privacy policy for an art broker?

Art Brokerages’ privacy policy is and has always been to keep our sellers’ information private. However, as a seller you have the obligation to represent that the art is authentic and to represent the factual condition of your art.

What happens if seller refuses to refund art brokerage?

If seller refuses to refund Art Brokerage, then our privacy policy shall be null and void and seller’s contact information will be provided to the buyer so the buyer may take appropriate action against the seller as deemed necessary. NEED HELP? For listing and price range questions, please email [email protected] .