Our expert evaluations are based on a number of industry standard variables. We consider both the retail market (galleries) and secondary market (auction houses) for a given artist's work, and we examine the value history of comparable items. By taking into consideration unique issues such as scarcity, condition, signature, media and edition, we are able to make an educated decision regarding the current market value of a given work. All of our estimates are based on numbers and market trends; we employ the same methods one would use to gauge the value of stocks. While art is an emotional investment, the valuation of it is rather scientific. Our ultimate goal is to arrive at a value that is honest and in-line, fair to our consignors, and upholds the integrity of each artist's market, while also providing our buyers with an experience that excludes ancillary fees, and that will allow for them to build or contribute to a strong collection by purchasing art for what it's worth. Our curatorial team represents over 30 years of expert field experience in auction houses, galleries and museums, and are USPAP certified appraisers in the area of Fine Art.
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Articles in this section
- What is The RealReal’s commission structure?
- How are item level commissions different from RealReal Rewards commission tiers?
- When does my RealReal Rewards level update?
- What benefits do I receive as a VIP consignor?
- What does VIP priority processing mean?
- When will VIP consignors receive their $100 site credit?
- If I move up to a higher tier one month before my annual consignor contract renewal, will I lose my new status at the start of the new contract?
- Does The RealReal have stores and locations to consign in person?
- Do the 50% commission rate on items listed between $146 - $195 and the 40% commission rate on items listed at $145 or less apply to me if I have reached the 70% VIP RealReal Rewards commission level?