Well, I wouldn’t mix a hanging fee with vanity. I think that’s a bit confusing. Often when a gallery has an external jury, the hanging fee is covering their cost or some other associated expenses. Usually those fees are in the $10-50 range.
That said I think there’s a time and a place for galleries for hire. I like that term better. If you have a following and a clientele who buy direct, it just might make sense to hire an empty space or gallery for hire if those fees are lower than your commission.
I find it all boils down to a case by case basis.
Running a gallery is an expensive business, the money has to come from somewhere, art sales, a supporter of the mission, or the artists. Often a mix of both.
If you are auditioning a gallery for hire, my first question would be what are the average sales for a show? If you rented a space for 2 to 3k for a month, and they have a staff, and you sold out on a 100 piece retrospective in the $500 range per work, you’d make out like gangbusters over the 40-50% standard commission.
That said, you would have to be able to sell out. Some people can, and for them, does the traditional “legit” gallery make sense? Maybe not.
With that in mind for artists new to the market, juried shows or competitions are a great way to get your feet wet and build a resume.
Just today’s food for thought.