Literary AgentsLiterary agents are a relatively new invention. In the beginning there were just publishers, and authors submitted directly to them. But then people set themselves up as negotiators on behalf of authors when dealing with publishers. This was a really good idea because all that needs different skills from writing, and it meant the authors could just get on with the next novel. Also publishers tended to look more kindly upon manuscripts which came via literary agents, as those manuscripts had been through a filtering process (i.e., the agent wouldn't have taken it on if it wasn't any good) and that saved time for the publisher. (Publishers dread ploughing their way through the slush pile as much as authors hate their manuscripts languishing there.) It's my understanding that in the dark distant depths of time, literary agents acted as mentors to authors. They minded them, and nurtured them, and befriended them, and encouraged them and so on. But that might only be a rumour. 
Nowadays the relationship between authors and their agents is much more defined and professional. In a highly competitive market, with more and more people submitting manuscripts every year, the authors need the literary agents more than the literary agents need the authors. So there's a totally different dynamic.Also, some publishers will not accept unagented work or unsolicited manuscripts (their websites will advise). So in that case you absolutely need an agent. However ... just to make things interesting, the competition for literary agents is so strong - that sometimes they won't take on a new author until and unless she already has an offer from a publisher! If that sounds like Catch-22, it's because it is! Not every agent is like this. But some, especially the bigger names, do prefer this to be the case. Certainly if you were to approach an agent with an offer from a publisher in your pocket, they would (not surprisingly) be much more interested in talking to you. Why might you need an agent then, you might be wondering. That's a decision for you to make, of course, but consider that an agent will no doubt get you a better contract with better terms than you would have got yourself. Your agent will also be able to sell your manuscript overseas, and maybe even sell its film rights. A good agent should always get you more money than her commission costs you. So my advice is to submit to both agents and publishers at the same time - as much as is possible given their terms. Don't go against their requirements, it'll get you nowhere. (Agents and publishers used to insist on only single submissions, but this is gone by the wayside now.) It's important to get an agent you feel comfortable with. You don't have to be best friends, but you will be working together. Also, some agents will still offer editorial advice on work; others won't. It depends on their background and interests. It would certainly be one of the questions you'd need to ask a potential agent. Literary agents are paid on commission. These commission rates should be around the 15% range for domestic, 20%-25% for overseas and translation.
Unethical "Literary Agents"But - and this is so, so important - you never, ever, ever pay an agent any money whatsoever. There are unscrupulous people out there, many of them, who try to prey on writers by offering to take their manuscript on board for a fee. Maybe that fee is dressed up as editorial services or whatever, but it's still a fee.Don't pay it!No, really, can I be any more emphatic? Can I stress it any more clearly?These unethical people won't even have the contacts needed to get you a contract. It's a total losing proposition - don't do it! (Now, be aware that some agents can charge some of their out-of-pocket expenses such as postage and photocopying, on top of their commission. I think this is a bit unfair myself, but it is ethical and industry standard. However, the difference is that even those costs will only be taken out of income earned for you - you will not be required to pay them up-front. If the manuscript doesn't sell, then the ethical literary agent wouldn't charge you even those costs.)
Where to find Literary AgentsReputable agents will be members of their country's Agents' Association. That is not to say that every single author who isn't a member is unethical, far from it. But this membership does guarantee that the agent follows the code of conduct.The relevant Agents' Associations are a good resource for finding agents:
The advantage of new agents - assuming they're legitimate - is that they are building their lists (whereas a lot of longer-established agents' lists are closed as they have enough authors already), and they're keen and hungry. The disadvantage, of course, is that they have no track record as an agent. But they should have relevant experience - either by working for a bigger agent, or as an editor in a publishers'. One way to find these new agents is by looking in trade magazines. The Bookseller in the UK has a section on people who are moving jobs and will often feature people who are starting up their own literary agency. I imagine that Publishers' Weekly in the US would have the same information. (If you know more of this, or have similar information about other countries, I'd be very grateful if you could
let me know - thanks!)
In Britain and Ireland, you send your selected agent a synopsis of your story, and the first three chapters, along with a covering letter. In the US you have to send a query letter first. I am not aware at this stage of the process in other countries - I intend to do some research on it in due course, but in the meantime, if you do know, I'd be very grateful if you could let me know. Thanks! Return to Getting Published
|
