Agents and Publishers
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AGENTS AND PUBLISHERS
Publishers and literary agents are specialists in the industry. They should have inside contacts with editors and be familiar with what types of work are potential money makers.
Agents specialize in the art of negotiating a deal on your behalf, they guarantee you getting your fair share of the profits and in finding the best publishing house for you.
By tradition, agents only get paid after they are able to place your work, and generally they get around 15% commission on what you earn.
Bear in mind that a publishing company’s goal is to make money and they will support authors who can provide them books that have the potential for profit. So, if your proposal is turned down by an agent or a publishing house, it means that they do not see your book’s earning potential.
Publishing is an industry that requires professionalism and the submission process requires massive persistence and dedication, especially today when there is so much competition.
One last thing, it is one of the many unwritten rules in the publishing industry that editors and agents will not accept office visits from an applicant author.
You can have the opportunity to interact with agents, editors or other representatives of publishing houses during a writer’s convention, which I’ll cover next.
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