PRESS RELEASE December 2015
A THRIVING MARKETPLACE FOR CONTEMPORARY FINE ART Re-launch: 1 December 2015 1 December 2015 – MyArtBroker is pleased to announce its relaunch. An introducer service for those who are passionate about contemporary art, MyArtBroker connects people looking to buy and sell art, through an extensive network built over a period of more than 20 years in the industry. Online art sales are on the rise – it is reported that the value of the global online art market has risen from just under $1billion in 2013 to an estimated $2.64 billion in 2015 (Hiscox Online Art Trade Report 2015). Based on this trajectory, taking into account sites such as Auctionata, Paddle8, 1stdibs, Artspace, Artsy, Artuner, and Artfinder, this report estimates the online art business to be worth $6.3 billion in 2019. With more digital platforms to choose from, the need for defining USPs is increasingly critical in the online space. MyArtBroker is a secondary market service aiming to disrupt the status quo platform through low fees, enhanced service and a more transparent process than that available elsewhere in the market. With fees starting from just 12.5%, the cost to buyer and seller is much more competitive that those seen in the auction houses. The aim, therefore, is simple: to offer a reliable, curated platform, accessible to everyone, whether you are looking to buy art or sell your collection. MyArtBroker’s real defining USP is the enhanced service afforded by the integration of its specialist Broker Network. Buyers and sellers who register on the platform are assigned one of its dedicated Art Brokers, who represent them every step of the way – the ‘Broker’ is an advisor and support when it comes to authenticating the artwork, negotiating the sale price, packing and shipping. Based worldwide and headquartered in Mayfair, London, MyArtBroker’s hand-picked specialist Art Brokers operate in blue chip markets, with expertise spanning a broad spectrum of fine art, from Picasso and Matisse through to Warhol, Lichtenstein or Keith Haring and everything in between This expert knowledge, from the catalogue raisonne through to value of works at auction, is the experience MyArtBroker makes accessible to all. It is a dedicated place to sell, as well as a dedicated place to buy – offering access to artwork not available elsewhere, alongside unique and continual support for both parties. In addition to MyArtBroker’s competitive fee structure, the Broker Network allows for a flexibility and personal service not feasible on other platforms. As well as providing a marketplace for buying and selling quality artwork with assurance, MyArtBroker’s ‘Wanted Art’ section allows buyers to create an ‘art wanted’ request, visible to both buyers and sellers – they will be the first person contacted should it become available. In short, if you’re selling art, MyArtBroker can provide the opportunity for your art to get noticed by the right people, marketing it through an industry reputation which is second to none. If you’re looking to buy art, MyArtBroker can connect you to people selling what you’re looking for. MyArtBroker was founded by Ian and Joe Syer in 2010 after recognising the challenges for individuals when buying or selling art online. Many people turn to the web for works of art, but it can be difficult to navigate and difficult to ensure authenticity of the art, the seller or the buyer. TBurnsArts | 18 Bishops Court, 54 Folgate Street, London E1 6UN | 0207 377 5665 | tani@tburnsarts.com