how long to wait to get paid from a gallery?

Discussion in 'Book, Magazine, Gallery Reviews, Shows & Contests' started by hyk, May 11, 2005.

  1. hyk

    hyk Member

    Messages:
    2
    Joined:
    May 11, 2005
    Location:
    hawaii
    Shooter:
    35mm
    Hello everyone.
    I counldn't find anywhere for the information about the length of time that usually takes between selling works through galleries and getting the payment check from the galleries. Is there a standarized waiting period or is it depends on each gallery?
     
  2. geraldatwork

    geraldatwork Member

    Messages:
    414
    Joined:
    Feb 26, 2004
    Location:
    Hicksville,
    Shooter:
    35mm RF
    I have absolutely no experience in this area but I would think no more than 30 days. A check takes no more than a week to clear and if charged their account should be credited in a day or so. Cash is instant. I would say 2wo weeks would be fair.
     
  3. noseoil

    noseoil Member

    Messages:
    2,898
    Joined:
    Oct 6, 2003
    Location:
    Tucson
    Shooter:
    Multi Format
    It depends on the contract you have.
     
  4. George Losse

    George Losse Member

    Messages:
    325
    Joined:
    Apr 7, 2003
    Location:
    Southern NJ
    Shooter:
    8x10 Format
    Noseoil is right. It depends on the contract you have with the gallery. It should be spelled out how much you make and when you get payment.

    Photography is a great hobby, as soon as you exhibit your work with the idea of selling the work, its a business, treat it as such.

    For me, I've had galleries pay a number of different ways; at the end of the month for sales in that month, 15 days or 30 days. I even had one gallery pay me for a print sold during an opening at the end of the opening.
     
  5. Wally H

    Wally H Member

    Messages:
    160
    Joined:
    Nov 22, 2004
    Location:
    NW Washingto
    Shooter:
    Med. Format RF
    Many galleries, reps, agents and such will pay 30, 60, 90 or even more days AFTER they have themselves been paid. This can run into months where one delivers a print to a gallery and the gallery is having and/or doing the framing, hanging and such. This is particularly true where the end client might be a large corporation with lots of accounts payable bureaucracy.

    Where a special print order is made (as opposed to a print that the gallery has on hand), it is customary to ask for a deposit, 50% is normal. I'd think 50% would cover all expenses at the very least. If not, asking for at least the expenses as the deposit amount is reasonable in most cases.
     
  6. hyk

    hyk Member

    Messages:
    2
    Joined:
    May 11, 2005
    Location:
    hawaii
    Shooter:
    35mm
    Thank you guys!

    Thanks.
    all Your replies gave me some ideas!
    warmest aloha.
    hyk
     
  7. bill schwab

    bill schwab Advertiser Advertiser

    Messages:
    3,754
    Joined:
    Jun 16, 2003
    Location:
    Meeshagin
    Shooter:
    Multi Format
    I have an arrangement with all galleries repping me that states I am to be paid within 30 days from time of sale. In all but extreme cases, all adhere to the agreement.

    Hope this helps,

    Bill

    www.billschwab.com