Especially Fine Art. Although this is a niche segment, many people consider art to be a good source of investment.
For this you need to be in contact with artists. If you don't have personal contacts, this can be achieved through art houses.
Most art houses commission brokerage jobs to independent sellers. Unlike the traditional way where an exhibition is held to lure potential buyers, your job as an art dealer would require you to be more of a manager than a seller.
| Also Read: Making Money Out of Art |
There are many art auction sites on the Internet where you can create an account and upload your client's work with a description and price tag.
What You Require
- Basic knowledge about art, which includes styles like free hand or sketch, painting etc.
- The ability to negotiate the price on behalf of your client.
- Internet skills
Remuneration
For beginners, you can earn a commission anywhere in the range of 10 - 15 percent. But as you gain experience, you can charge within the range of 35 - 50 percent.
For example, you were to sell a piece for two lakhs, a 35 percent commission would come to Rs. 70,000. Remember, when you quote a price you will also have to take into consideration the shipping and transport charges as well.
Here are some sites where you can auction art:
Things to Look Out For
Before you think of entertaining the idea of a get rich scheme, be realistic about your expectations. Know that you can't be rich overnight, unless you win a lottery.
However, keep in mind these tips before venturing with a scheme.
1. No Hidden Ventures
Most quick rich schemes offer a very vague view into the working of the business. They will speak about work in vague terms and try to hook you with huge sums printed in bold. This is a standard trick adopted by them. Do not fall for schemes that offer no detail explanation about the job.
2. Achievable Goals
Before you say yes to a scheme, evaluate if it is achievable. Say for example you are joining an MLM scheme where the minimum target expected of you is selling around 500 products per month, like a gold pendant. Now this is not an achievable target realistically. Realise that.
A major drawback with MLMs is that you have to invest a certain amount initially which is not refundable.
3. Research
If you are satisfied with the claims of the job, do not leave it at that. Follow up their talks with proper research of your own.
Talk to people who have done this before or are doing it currently. Do a background research of the company as well. Do not go for any shady sounding company.
Look at the products that you are being asked to sell. Are they reasonably priced? Will you be able to sell it? Also a legitimate company would have a site of their own with testimonials of their business.
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