I've just finished a draft of my novel. Beta readers' feedback was good.
When you've made 50 posts on AW, sub it to the beta readers here. Go to the "Share Your Work" forum, find subs in your genre and read those and the comments left. Some of them will apply to your work. You'll find yourself going back to fix things! Give feedback and get feedback.
If your betas are not writers or editors you won't get the same feedback as you'll get here.
I've been invited by a publisher to submit it,
It's a first draft. Even with betas telling you it's wonderful, it's not ready.
but it will be once around and out.
Why sub to a publisher if you know it's going to be rejected? Why waste your time and that editor's time? Polish it. Learn to self-edit. It's part of the job. There are books available on just that topic. Read them all.
My quandaries are:
1. whether to have it professionally edited before I submit it, an expensive decision.
Don't waste your money. Get feedback from other
writers, not family and friends who love and want to support you. Post 5 pages here on AW when you're ready. Learn to edit yourself. We all have to do that.
2. If edited, can anyone recommend a brilliant, creative professional?
The most brilliant editor out there cannot make a manuscript publishable if it's not ready. She can make suggestions, but it's going to cost you cash because their time is worth something.
http://www.sff.net/people/doylemacdonald/editorial.html
http://www.vampwriter.com/VAMPWRITER_Rates_FAQ.htm
They're offering bargain rates, BTW.
You're on the first draft and impatient, which means you're in for disappointment. Most debut novels never get more than a low 4-figure advance. You could spend that much on editing and it still wouldn't be publishable.
http://www.brendahiatt.com/id2.html <--how much some writers make.
I thought my first draft was brilliant. It had the positive feedback from betas, everyone
loved it. I based my judgment that it was brilliant on the fact that it was a fairly original idea and I'd worked
harder on it than on anything else I'd ever done.
But the pro publishing world doesn't give points for effort. They want something they can sell and make a profit on.
It got 25 rejections. It just wasn't ready. I had to do rewrites, one after another, to bring it slowly up to a professional level. I got feedback from kindly editors and ripped my MS apart and put it together again over a two-year period. I read every book I could find on writing and 100s of similar books by others to see how they handled the problems I faced.
"Hm--my climax is 5 people sitting in a room staring at each other--not too exciting. How did Agatha Christie/Dashiell Hammett/Conan Doyle deal with it...?"
Had AW been around back then my path to that first sale would have been shorter. My first feedback came from readers, not writers. Many here are professionally published and can tell you what an acquisitions editor would say if she had the time.
Over a long two-year trial and error period I found out about data dumps, slow starts, action stopping characters and scenes, and every other writing mistake that was possible to make that stood between me and that first sale.
If I'd had the money I might have self-published, I was that desperate. Thankfully I was broke and didn't do anything so career-destructive.
There are no short cuts. I could edit your book (for a price, and I'm NOT cheap) but you're better off putting a bit more patience and effort into it at this stage.
If your book truly IS brilliant, then that editor at Penguin will still want to look at it in another few months after you've polished up succeeding drafts.
I can suggest shutting the file down for a couple weeks, work on something completely different to clear the cobwebs from your head, then go back for a fresh look. Most writers do that. I do, and it only helps improve the writing!
