Resale Right
Your work continues to generate value, even after the initial sale.
If it is resold through a gallery or auction house, you are entitled to compensation.
What's in it for you?
- Your work continues to generate income when it is resold.
- You benefit from the resale right whenever your work is sold through a professional art market intermediary.
- You don't need to track these resales yourself. Sabam follows them on your behalf and ensures that the income due to you reaches you.
From sale to payment: here's how it works
- Your work is resold through a gallery or auction house
- Resale rights apply to sales of €2,000 or more
- The professional seller pays the royalty
- We calculate your share and process the payment
- You’ll receive your royalty
How is your income calculated?
Your income depends on:
-
the selling price of the work;
-
your share of the work.
For a professional resale of €2,000 or more, you are entitled to a percentage of the selling price. This way, you continue to share in the appreciation of your work’s value.
Good to Know
- The resale right applies only to resales through a gallery, auction house, or other professional intermediary
- If you sell a work directly to a private individual, or if a private individual resells it to another private individual, then the resale right does not apply
- The resale right applies throughout Europe in accordance with harmonized rules