I'll review my documentation tonight. I believe the original recommendation was based on a letter from them.
Fiction Writers Wanted for authors database
Would some regulation help? If the AAR said, "Reading fees are okay, provided you meet the following criteria....," would authors accept that? If the State passed a law requiring literary agents to be regulated in some fashion, use a standard agreement of the sort Real Estate agents, must, would reading fees be acceptable?
I have to say, it's quite fascinating to see how often the "why doesn't someone just work for a commission" line of thought comes up. How many of those making this suggestion are, in fact, working 100% on commission?
What if an agency charging a reading fee guaranteed that you would at least be informed why your book was being passed on?
Richard said:Moreover, how would you judge agencies on a P&E style basis? Wouldn't the smaller guys get beaten down simply for not being able to take as many clients, effectively giving the larger organisations complete control over the market and utterly suffocating the individuals and smaller companies that could best benefit from the cash?
What's the big secret? Honestly, I don't think the publishing industry tries to keep anything a secret. What do you want to know? After all, that's why I'm here, to answer your questions.if the publishing industry didn't work so hard (and successfully) to keep its mechanisms a mystery, I'd be a little less skeptical—but only a little.
That's just ridiculous. The agent would be completely open to action if that were the case. No reasonable businessperson would even think of trying that."Our client list is full. That'll be $100, please."
Depends on the agency. When I started working at SCG, for example, I got a draw against 50% of commission. So, basically I got a check for $500 per week. If I sold a book for $10,000, the agency would keep 50% of the commission off the top. The other 50% was due me, but since I was getting a draw, that 50% went to earn down the already-received draw. The 50/50 split is not unusual. I believe that William Morris and ICM work on a salary plus bonus basis. Some agencies may work on a graduated scale, i.e., if you earn out your draw for the year in the first six months, your commission share for the rest of the year is higher. Unfortunately, one thing that is not a guarantee in publishing is that next year will be better than the last.If I work for a business, I draw a salary, and the money that pays that salary comes from my business' sales. Assuming an agent as a business, which should be the case even if they're working out of their spare room, the same applies - with the additional problem that these are the ones who are in much less of a position to hire external help, and much likelier to benefit from the extra cash infusions. I don't actually know how it works at the dedicated agenting firms, but don't they get paid a salary instead of personally and individually relying on the luck of the draw each month?
DaveKuzminski said:P&E does not rate or recommend against agencies for being small or having fewer clients than others. They're judged on results and how they treat their clients along with what policies and procedures they practice.
Andrew Zack said:That's just ridiculous. The agent would be completely open to action if that were the case. No reasonable businessperson would even think of trying that.
I raised the question of paying for representation on an hourly or monthly basis but don't recall a lot of responses. I have a client who paid $5,000 per month for three months for a book publicist to try and get him hits. There was no guarantee of any publicity, radio appearances, or print mentions. But for $5,000 per month, she was supposed to be working on getting him press. I don't see writers' groups up in arms over such publicists. Why not?
Really? Just as writing competitions return your cheque if they like your story enough that they've have used it, but have a full anthology on their hands?
Really? I'd say they have. Several of my nonfiction clients and some of my fiction clients have hired them, because they believe that publishers will do nothing to promote their books. And they aren't far off the mark. I have a book called THE DEAD OF WINTER, by Bill Warnock, a nonfiction account of the recovery of several soldiers' remains from the Battle of the Bulge. Dramatic and interesting. Emotionally wrenching. As far as I can tell, the publisher, an imprint of Penguin Group USA, did not get one review in PUBLISHERS WEEKLY, LIBRARY JOURNAL, BOOKLIST, KIRKUS or any other trade publication. There has also not been on radio hit, one tv hit, and the only hits that have happened came from leads the author developed.Because the industry hasn't effectively made such publicists mandatory?
Really? I'd say they have.
The truth is, I tend to discourage my clients from hiring them, because I haven't seen a lot of results. You have to sell a hell of a lot of $25.00 books to earn back $5,000 at 10% of retail royalties. I don't think any of my clients has been convinced it was worth it.
While I'm pretty sure you're not going to get your book read by most of the bigger publishers these days unless it came through an agent.
Andrew Zack said:I'm not sure I understand what you're saying there. Do they return the check?
I don't involve myself with such competitions, so I can't comment. If they don't, then essentially they are charging a reading fee. What do you get for that fee? Just read? Hmm. Then when will I be seeing these "competitions" blackballed on P&E?
Additionally, it really doesn't make sense to enter a contest that charges a fee if there isn't any prize worth significantly more than the entry fee. We strongly advise writers to enter only those contests without a fee. P&E does not recommend any contests with entry fees.
P&E does not recommend any contests with entry fees.
Andrew Zack said:Car salesmen are working with potentially paying customers. Authors are not paying customers. Publishers are. I will spend my lunch hour with an editor, who will not only buy lunch but perhaps buy the rights to publish a book I represent. Believe me, if authors were paying agents for their time, agents would be more than willing to chat. But they aren't.