One note before you start to read. Yes usedview.com was down yesterday for a period of time. The publishing tool was also have issues before it went down. Some of the new stories were not complete or had mixed up content as the editing part of the publishing tool would do some things and not others. Sorry for any problems it may have caused you. Welcome to the world of computers and the internet.
I seem to confuse some people. The idea of this business is to sell a large quantity of quality work for a fair price. The fair price now is the license fee that allows the work to be used worldwide because of the internet. Most licenses go for a year and some up to 5 years. There does not seem to be a good way to get a price for a lifetime worldwide irrevocable license like people want like Pinterest and others. So make sure you understand what you are signing away. If you are in your twenties and do that you are giving away a license for 60 years. Do not do that.
The library was and is my retirement as some have noted. It was always that way and it got sidetracked. I have always said I am not going to “retire” per se. I never concerned myself with retirement since I knew the library was there and valuable. That is why I discuss it here. I was supposed to be with someone after moving out of Colorado three years ago and setting up the photo business. I was going to be doing then what I am doing now. If I had instead of wasting my time on a house I would be in great shape right now and still have the library.
Another item that came up today is the library value. You cannot make all your money on one photo. You have to sell and produce volume. It is like anything in business. Does McDonalds make billions selling billion dollar burgers, no they make that selling 5 dollar meals. Just like GM and Ford and anyone else you have to sell volume. Now the volume can be less because of the new licensing agreements. The world economy does have some bright spots.
The choosing of a price, well that has a lot of things going into it. If you are going to do a retail photography business that sells prints you cannot sell a print for a $ 1070.00 very often. So price your work as the market bares for the prints. If you go into the commercial business price your work accordingly. I will sell some licenses for $ 675.00 that does not have a worldwide market. So you be the judge on what your work it worth. You cannot let a person who infringed your work set the price. Just remember, not all people or businesses can pay what you ask. Be flexible except with people who take your work. Just make sure it is registered. The big issue you will have is the people who always want a commercial license for the price of a Walmart print. They just cannot grasp there is a difference because they have never done anything like it. Don’t waste your time trying to explain it to them as they will always go by price, not what they get for it. Accept them for who they are and do not discuss it with them, it is a waste of your time.
The Colorado DORA Real Estate Division, wow, somebody read the articles about them. As a photographer you will deal with all kinds of people, businesses and government agencies. I did send them an email on May 8th asking questions on what happens to a broker and brokerage if they get involved in a copyright infringement case that becomes a federal felony because of the quantity of photographs. Photographers need to be activists also. I asked for a statement from the state regulators concerning the listing agreement pushing the responsibility for the brokers misuse of the images to the homeowner. They are supposed to protect consumers not make them legally liable for the broker. I have made it clear in the writings and emails I think dumping it on the homeowner is just plain wrong. I emailed them yesterday asking for an answer again. They are like many others, just not interested in discussing the legal complications that come up with copyright infringement because they never considered it a problem by making someone else liable for it.
Disclaimer: I am not an attorney. These are my personal opinions and general information. The information should not be used as legal advise.