||FAE markets the consignor's artwork worldwide, and because FAE is designed for the professional, it provides unique features and tools found only at FAE. FAE is the first place that designers, art consultants, and art advisors will look when sourcing for their clients.
||Art Galleries have limited access to buyers in comparison to FAE. They have access to their client base, other dealers, their gallery website, social media, and fine art websites in which they pay for participation.
||It is in both the consignors' and FAE's best interest to have a selection of carefully chosen works online at any given time.
||A gallery may have an exhibition highlighting an estate or collection, but after the first flurry of sales, normally of the best work, the gallery will often experience slowed interest.
||In addition to a receipt, FAE gives consignors their own dashboard where they can keep up with the status of every work they have consigned to be sold on the FAE site.
||Galleries normally give the consignor a receipt for the work they have taken for sale, but, after that, the consignor will normally have to contact the gallery for updates on the status of artworks placed in the gallery's care.
||Every person who has access to an internet connection is a potential Buyer, and everyone has equal access to the information about each artwork on the website.
||If a gallery does not use the internet to help sell works on consignment, their access to potential buyers is limited.
|Trying Works on Approval
||Although artworks do not leave a Dealer's facility while they are on the FAE site, a potential Buyer or a Buyer's representative may contact the Dealer who has possession of the work and make an appointment to see it. Also, the free FAE apps provide two ways for the Buyer to visualize how an artwork will look at home or in an office without having the artwork present.
||In most circumstances, a gallery will permit a potential buyer to take an artwork out on approval to see how it looks in his/her home or office.
||Through their online dashboard, consignors will know the status of every work they are selling as it passes through the FAE system. When the status of a work changes from "Purchased" to "Sold," the consignor should receive payment from the Dealer within the next two weeks.
||Most galleries are honest in how they conduct their business, but consignors may not know when an artwork has been sold until they receive the accounting they have requested, or payment for the sold work.
||In addition to hard copies, consignors will be able to see legal documents, including the Seller/ Dealer contract, artwork receipts, certificates of insurance, and other related documents on their dashboard.
||Most galleries will provide the consignor a consignment contract and a receipt documenting all the artwork they have on consignment. If requested, they may also provide a certificate of insurance.
||FAE is the most transparent fine art sales system ever devised. The consignor can keep up with every artwork's status by checking the dashboard on the FAE website.
||Virtually none; consignors will rarely know that artwork has sold until they ask or receive payment from the Galley.