6 Things You Should Know Before Selling Your Artwork
Have you ever asked yourself what it’s like to earn money by selling your artworks? It can be a very fun and challenging experience, but it does have its flaws. There are some things you should definitely consider before you jump in and sell your art.
How much should you charge when you sell your art?
This is the most common question asked by every new starting artist. Unfortunately, there is no specific amount or rate there is. There is just only one thing to keep in mind when selling your art: do not undersell them. When you place a price tag on your work, your client will value it according to how much it is worth. You can either give it as a gift for your special someone, which makes it priceless or place a high rate on it. Both of these makes the recipient appreciate your art and treasure it. A simple gift becomes sentimental while a high priced artwork becomes an investment.
Is your skill level worthy of the price you are charging?
If you’re a beginner, it stands to reason that you shouldn’t sell your art as expensive as a well-known artist, unless you’ve reached their level. Just starting off and charging way too much for your art, then being hurt when the client is not pleased with the project is NOT a great way to make a name for yourself. Don’t become a disappointment by promising something you can’t deliver. Be honest and make sure you show good examples of your work before making a deal. Let them see your skill through your examples before agreeing on anything.
Get a commission in writing.
Protect yourself, for it’s very easy to get scammed in this business. Some may never pay you, some may want to change the agreed price after your art is finished. This is why it is really important to with an agreement and make it legally agreed upon in writing. Use a contractual agreement to protect yourself as an artist.
Get a deposit.
There are cases that your client will not like your work but don’t worry, it’s just part of the business. Some may just change their mind in the middle of the process and cancel. They then do not want to pay you. Keep in mind to always ask for a deposit, just in case. If your client may not seem pleased on your piece, at least you get something for your time and effort out of the deal and you can even keep the art.
Make sure to have the contract signed when preparing to sell your artwork.
It isn’t necessary to notarize the contract, just having two adult signatures and a date constitutes a legal contract. This piece of paper will carry a lot of weight on a legal basis. Just be sure to make two copies: one for your records and one for your client. In this way, the contract acts as a receipt.
Get some legal advice from a tax specialist and business attorney.
If you really want to go pro and sell your art, it’s best to get some legal advice from a business attorney and a tax specialist. Since every state has different rules and regulations regarding self-employment liabilities and earnings, having these experts in the court can keep you from getting in trouble.
None of this may sound fun and when it becomes a business, art can lose a little of the inspiration and joy. Just be sure to do an artwork for yourself from time to time. You may not have the same enthusiasm for the commissioned piece as you have experienced on something personal, this doesn’t mean you have to give up doing business. You just have to keep things well-balanced or you’ll burn out.