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    Art Radar Asia News conducts original research and scans global news sources to bring you selected topical stories about the taste-changing, news-making and the up and coming in Asian contemporary art.
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Tips from a dealer – how to buy art in a recession

Posted by artradar on November 20, 2008


ART COLLECTOR TIPS

Now is a buyer’s market and dealer Edward Winkelman has written an interesting blog about how to buy art from dealers in a recession. Options which dealers might now accept from buyers include:

  • price discounts
  • payment plans
  • higher ranking in the pecking order for first pick of new works

He gives some useful tips on how to make your offer more palatable to a dealer such as giving the dealer forward dated cheques under a payment plan. This saves the dealer from having to chase for payments and  therefor more inclined to accept a plan.

Read more on Edward Winkleman’s blog

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This entry was posted on November 20, 2008 at 11:02 pm and is filed under Collectors. Tagged: . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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