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SofaConcerts recommends a booking tool which provides a safe and secure framework for the negotiation of contracts, processing payments and liability. You can contact artists for free and request quotes from them. For each concert, you negotiate an individual fee with your artist and only pay once you have agreed on a suitable offer. Within the booking tool & framework, you will be asked to cover a booking charge 2 % of the fee to cover the transaction costs of the secure escrow payment solution. Artists' usage fees are covered by them and you won't be charged with any further costs.
SofaConcerts recommends two (for regular hosts, three) options for handling fees:
You book the artist at a fixed price and don't have to worry about the money at the concert. Artists receive their fee as agreed in the framework as soon as the concert has taken place. For special occasions this is the most common solution.
This is like a pledge to the artist which is deposited in advance on the escrow account and paid out after the concert as agreed in the framework. You pass the hat at the concert and get your deposit refunded. If the donations exceed the guarantee, the artists receive the extra amount, if there is less in the hat, you carry the difference. This means the artists have at least their expenses covered and you share the financial responsibility for the show.
Only for regular hosts and on artists' initiative. You pass the hat at the concert and the musicians receive whatever your guests are willing to donate. Make sure to tell your guests in advance that a donation is expected! In case the planned date doesn't work out, there's no need to cancel it. You can change the date with the artist's consent right on the platform. SofaConcerts recommends to agree that hosts cover the service charge of (incl. VAT) for these concerts. This charge cannot be refunded.