If you are interested in buying or selling fine art, you should do your research to make sure you are dealing with a reputable dealer. Find one that specializes in the kind of art you are interested in and work with a gallery that offers consignment agreements. You also want to find a dealer that has in-home fine art evaluation services.
Consignment agreements protect you and the gallery
When you’re working with an art gallery, it’s not uncommon to have to enter into a contract. Consignment agreements are a good way to protect yourself and your work. In addition to protecting you from the loss of your artwork, they also give you and your gallery clear, consistent terms for payment.
Consignment agreements should specify the rights of the artist and the gallery, as well as the legal terms of sale. This will minimize misunderstandings and provide clarity in areas of gray. The agreement should also include general payment terms and insurance.
There are a variety of different types of consignment contracts. They can be a simple agreement with a few clauses, or a comprehensive, formal document. Regardless of the type, you should always have an attorney review any contract.
Specialize in one or two categories
Fine art dealers are typically sales oriented individuals, and while they may not be as hands on as their counterparts, they’re no doubt well versed in the ways of the trade. Typically, a fine art dealer will make his mark by negotiating the price of artwork, and ensuring a safe shipment of pieces. They may also curate a small collection of their own, or snag a coveted spot at the art fair of their choice. To get the job, you’ll need a bachelor’s degree in art or art history, but there are a number of aficionados looking to make a buck in this booming industry. Some savvy grads are making the move to the Big Apple, while others are branching out to the Pacific coast.
Network with collectors, museums, and artists
The fine art dealer network is the bridge between the world of collectors and the art world. It is a complex sector that requires good communication and business skills. Dealers are also required to have a knowledge of art history and trends.
While there are many different types of art dealers, the most successful are those who understand the dynamics of the collectors and museums market. They are outgoing, have good communication skills, and are familiar with the current trends in the art industry.
In addition, they have a passion for art and enjoy working with artists and museums. If you want to become an art dealer, start by joining local organizations. These groups are often organized by professionals and offer you the opportunity to grow your business.
In-home fine art evaluation services
If you are looking to sell or donate your treasured artwork, an appraisal may be just what you need. The fine art dealer in-home evaluation services of Robyn Roderick Fine Art Appraisal Services will give you a professional evaluation and an accurate price for your items.
An appraiser will evaluate your art using various tools. They will take photographs of your artwork, as well as examine it’s condition. They will then provide you with a written statement of value.
While a lot of people use an art appraisal to determine a donation or sale value, it is not the only way to determine the value of a work of art. An appraisal can also be performed to determine the fair market value for insurance purposes.
Find a reputable dealer
Art dealers are key players in the art world. Their job is to connect artists, buyers, and collectors. These professionals work to promote new voices in the arts.
While many art dealers begin as artists, others start with a traditional university degree. In either case, they need to learn how to price and sell artwork. It is also important to have good communication skills.
Aside from learning how to sell and buying art, most art dealers also learn the ins and outs of the art market. Whether they own their own gallery or procure work for others, they must be prepared to respond to the changing needs of the market.
The best way to get started is to join a local organization. Then, you’ll have a network of contacts that can assist you as you grow.