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If an artwork is offered in the sellingmode "Make offer" the buyer can place a bid. We forward each bid to the seller. Further bids can be placed until the bidding is stopped. Bidding is stopped when the artwork has reached a price accepted by the seller. Then the artwork will show the status RESERVED.
The submission of a bid is binding for the purchase if the seller accepts the bid.
If an artwork is offered in the sellingmode "Buy" & "Make offer", you can place a bid and alternatively buy the artwork.
Artcrater takes the following commission fees for the completed sale for artworks:
- 5% from the seller and 5% from the buyer for artworks over 20.000 €
- 7,5% from the seller and 7,5% from the buyer for artworks up to 20.000 €
The commission is of the net price.