The latest issue of the Christies International Real Estate magazine looks at how selling your art at auction works. Lift the veil on the process with the easy step-by-step guide below.
Do your research. Figure out if nows the best time to sell your piece. You can check how the artist is selling on sites like the Artnets Price Database. When youre ready to move forward, its time to give Christies a call.
Youre ready for Christies to sell your piece, but is Christies ready? Through either an in-person meeting or via photos, the experts will determine if Christies can sell the piece for the price you expect.
Christies is confident your piece will sell. Now its time to determine how you want that to happen. There are three avenues:
While considering your options, check out Christies calendar to see if an upcoming public auction is right for you.
Your art must get to Christies. You can arrange for delivery or Christies can help. Once at the auction house, it will be photographed and catalogued. The experts determine the interest in the piece and work with you to set a reserve price before the sale.
You wont want to miss this! Enjoy the rush of the auction in-person or via Christies LIVE remote streaming.
After the sale, Christies gives you the final sales price and your net proceeds after commission is accounted for. Then its payday. Payment from the buyer usually arrives in your account 35 days after the auction.
Want to read more about Christies auction houses and real estate affiliates? Pick up a copy of the latest magazine at one of our LandVest offices.
Interested in learning more? Email us at info@landvest.com. Give us an idea of what you are interested in selling so we can connect you with the right specialist.
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