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To sell Artworks through the Platform, a Seller must have a Seller Plan Subscription.
A Seller Plan Subscription chosen by the Seller will determine the Seller Plan Fees payable monthly in advance to Artfinder, the level of Commission that Artfinder is entitled to charge the Seller for each Artwork sold, and which Platform features are available to the Seller.
The Seller Plan Subscriptions and corresponding Seller Plan Fees / Commission percentages available are:
Sellers must choose a Seller Plan Subscription. Each year is a non-refundable advance purchase of that level of Seller Plan Subscription for the applicable year. Sellers can change their Seller Plan Subscription by updating their settings at any time.
In case of a Seller Plan Subscription upgrade the new level will apply immediately, with any pro-rated fee difference between the old and the new plans charged immediately.
In case of a Seller Plan Subscription downgrade the new level will apply from the next renewal date.
For all Artworks sold through the Platform, each Seller must pay to Lenix Art commission (plus any applicable VAT in the UK or European Union) based on the % applicable to their Seller Plan Subscription. Commission is calculated on the final Price at which the Artwork is sold under the relevant Contract in accordance with the Seller Terms and Conditions (Commission).
Commission is applied to the final price of the Artworks sold only, and not to your applied Delivery Charges.
Lenix Art will raise an invoice at the beginning of each month in respect of the Seller Plan Fee and charge it to the payment method stored in the Artist’s account.
Lenix Art will raise an invoice for each payment run in respect of the Commission. This will be accessible to download from the ‘Billing’ section of your Seller Account. You will receive notice of this by email, along with a scheduled date for payment in accordance with the payment provisions in the Seller Terms and Conditions.
At Lenix Art, we make it our mission to help you discover and buy from the best emerging artists around the world.
