How Much Do Agents Charge?

Q&A Thursday

How Much Do Agents Charge?
Via

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We've got THREE questions to answer today for Q&A Thursday and they're all bangers. Read on!

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R asks: How Much Do You Charge?

Literary agents in the United States take a 15% commission on all income earned by our clients from the projects we sell. That commission sometimes goes to 20% for foreign rights when we use co-agents for other territories (10% for us, 10% to them), and well as 20% or more for film rights co-agents. If we don't sell your book, we don't get paid. You should never write a literary agent a check or send them cash in any way. Legitimate agents do not charge reading fees, submission fees, or anything like that. If you see a fee, run the other way.

The Association of American Literary Agents (AALA), our voluntary governing body, recently amended the Canon of Ethics to allow literary agents to charge