Why do I need an art advisor?
The art market is the largest legal economy to be almost completely unregulated. Fakes and forgeries, inflated prices, undisclosed condition issues, and lack of clear title are some of the pitfalls art buyers can face and from which they are not definitively protected by current legislation. A qualified art advisor understands the marketplace, how the various players (i.e. dealers, auction houses, buyers, sellers, conservators, etc…) interact with one another, and the right questions to ask to ensure the buyer is making an informed decision. For individuals looking to sell works of art, a qualified art advisor will be able to advise on how, where and when to sell in order to maximize returns or meet other selling goals. Time, geographic location and venue for sale, as well as financial terms of sale deal, marketing, and other factors play into sale outcome.
Posted in: Advisory