Does the agent get his/her 15% of the advance or also of the royalties?
What happens if an author changes the agent?
Thank you.
What happens if an author changes the agent?
Thank you.
Advance and Royalties
- Thread starter GreenTea
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The agent who sells your book gets 15% (or whatever the negotiated percent is--15% is standard, but not universal) of whatever you make off that book (advance and other royalties--remember that an advance is just an upfront payment of expected royalties, so it shouldn't be treated differently), whether or not they remain your agent for future projects.
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Of everything.
Refer to your contract if you change agent. I believe the agent still gets 15% of whatever deals he/she got for you.
(or at least refer to the contract)
Refer to your contract if you change agent. I believe the agent still gets 15% of whatever deals he/she got for you.
(or at least refer to the contract)
agent
One thing more writers need to watch out for is What Happens If Your Agent Dies After She Starts Collecting Royalties? You wouldn't think this would be a problem, but on occasion, it can be.
One thing more writers need to watch out for is What Happens If Your Agent Dies After She Starts Collecting Royalties? You wouldn't think this would be a problem, but on occasion, it can be.
royalties.
That's the problem. Sometimes they do, sometimes they don't, and sometimes even when they aren't supposed to, the family can still take you to court. A morbid topic, but it's a good idea to have details spelled out in writing before they become a real worry.
BardSkye said:
That's the problem. Sometimes they do, sometimes they don't, and sometimes even when they aren't supposed to, the family can still take you to court. A morbid topic, but it's a good idea to have details spelled out in writing before they become a real worry.
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:blink wow, James, the things we unpublished authors never even consider worrying about.
Maprilynne
Maprilynne
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So if I get an offer from an agent, it's a good idea to say, "Okay, but what happens when you die?" 
(I know it's a legitimate concern, that just struck me as funny.)
(I know it's a legitimate concern, that just struck me as funny.)
Read the agency agreement carefully before signing, and if possible have a literary lawyer look at it (if you can afford the $$)