Nor is it to rule out the rightof an individual artist to negotiate a resale agreement when he sells a painting: the royalties a publisher pays to an author are the product of just such a private contract, not a law.
"Almost half of the resale homes that are happening right now are to investors, so we're finding that people who are participating in our program are having to make upwards of 20 offers ... to compete with investors, " Bears said.