Business At A Glance
- Startup Costs: $2,000 – $10,000
- Home Based: Can be operated from home.
- Part Time: Can be operated part-time.
- Franchises Available? No
- Online Operation? No
Business Overview
An artist agent is the same as any otherindustry agent. You simply represent the talents or skills of anindividual or group of individuals.
Remuneration is by way of acommission charged on work sold; generally the commission rate isbetween 10 and 20 percent of the total selling value of the art.
Whywould an artist seek to be represented by an agent? There are manyreasons why artists would need and require professional representation,including greater exposure and recognition, negotiation experience,privacy, marketing abilities, contacts and various other resources thatmay not be available to the artists themselves.
If you are consideringbecoming an artists’ agent, you will definitely need the aforementionedskills and have to be prepared to research the art industry in greatdepth. This type of business does have a very steep learning curve.With proper preparation, working as an artist agent can be a veryrewarding profession, both financially and personally.