Saturday, January 31, 2009

How to Buy and Sell on the New York Art Exchange (NYAXE)

www.nyaxe.com

1. Seller lists item for sale
The first step is for the artist to take their work and list it on the New York Art Exchange (nyaxe.com)

2. Buyer bids on Work
A buyer selects your work on the New York Art Exchange (nyaxe.com) and bids to purchase your work.

3. Seller Accepts Bid
The seller accepts the bid from the buyer, and acknowledges on nyaxe.com they have the painting and will ship it. The transaction is now underway!

4. Seller Ships Work
The seller carefully packs up the art work and brings it to shipping - UPS, FedEx, or private carrier. Artist keeps copies of all shipping bills and information.

5. Seller Acknowledges Shipment
The seller puts the shipping information into nyaxe.com with the carrier, tracking details and expected date.

6. nyaxe releases shipping funds
Nyaxe will release funds to reimburse you for shipping once you acknowledge the art is en route. You must have the carrier and tracking details entered.

7. Buyer receives work & accepts work
The buyer next receives the work. The buyer then determines if the work was received undamaged and meets their expectations. Once they are happy with it, they acknowledge receipt and acceptance on NYAXE.

8. nyaxe releases remaining funds
NYAXE will release the remaining funds due to the seller. Commissions are taken from the final amount. The seller can withdraw the money via paypal.

Catherine McCormack-Skiba- the founder and CEO of myartspace and NYAXE- with members of the press during the launch of the New York Art Exchange at Bridge Art Fair in Miami.

Links of Interest:

www.myartspace.com
www.nyaxe.com
www.myartspace.com/blog
www.nyaxe.com/blog

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