Pricing: (This applies to fine artist and not music) Retail sales price for each consigned artwork will be established by us in consultation with you. Factors influencing retail sales price include history of prior sales by you, market demand, size and medium, and our knowledge of our inventory, buyers, and price-points. You agree to abide by our decision regarding price-setting. We will exert all reasonable efforts to close sales of consigned or represented artwork. You agree to provide us, in a timely fashion and upon request, with any necessary documents or information in support of sales, e.g., your biographies, backgrounder on methodologies, etc.
Discounts: Discounts may be applied to a sale by either us or you and must be agreed to by both parties before being applied to a sale. (Agreements on discount structures may be obtained either in advance or at time of sale.) Discounts are defined as prices provided to close a sale and are reduced pricing from the Shopify list price. Our gallery fee will be based on the original Shopify list price plus credit processing fee if applicable, and not the discounted amount.
Payments: Payment will be provided on the 15th of every month and following the receipt of an invoice from you.
Instalment payments: (This applies to fine artist and not music) If we accept instalment payment sales, you agree to accept partial payments as received by us. Artwork will not be released by us to a buyer until full payment is received. If artwork is released to a buyer before full payment is satisfied, we agree to pay you the full portion owed. We will provide you with account statements of sales activity for all inventoried work prior to the 15th of every month.
Commissioned work: You may agree to allow commissioned pieces through the gallery. The buyer must provide 50% of the total retail cost of the art to us, up front.
Insurance: We will not maintain insurance for fire/ theft/ vandalism to cover the art inside or outside the gallery. If you have a requirement for this coverage, you must make you own insurance arrangements. Reasonable efforts will be made to protect consigned artwork from accidental damage or breakage or theft.
Staffing: You may decide to offer to staff the gallery in return for a reduce gallery consignment fee, however we reserve the right to accept or decline your offer.