Agents and advances
Posted: July 18th, 2011, 9:03 pm
So here's something that's been bopping around my mind for a bit...
Ultimately I suspect the majority of us simply want to see our books in print, but I would also guess that few of us would say no to a large advance to go with the offer of publication if it were made. How much does the agent representing you influence the size of advance you're offered? Or is the advance amount based solely on the strength/genre/comparables/etc of your novel itself and how much the acquisitions board feels they can earn after doing their own research?
I've sold a book through an agent, but it was a non-fiction book, not a novel. At the time, I got the impression that it was through his efforts that a) the book even sold, especially to who it did, and b) they offered the size of advance that they did, and that without him at the helm the book may not have sold at all, or sold for a much smaller amount. Of course, the information came by way of him so it's theoretically possible he spun it, but I understand him to be (and believe him to be) a trustworthy guy.
I can see how an agent might be more influential in the size of advance for a non-fiction because it's easier to define the market and whether people are likely to like the book or not (non-fiction being less subjective than fiction), and place that information in the hands of the acquiring editor, but I'm wondering whether an agent's past sales have any real bearing on his/her future ones?
Ultimately I suspect the majority of us simply want to see our books in print, but I would also guess that few of us would say no to a large advance to go with the offer of publication if it were made. How much does the agent representing you influence the size of advance you're offered? Or is the advance amount based solely on the strength/genre/comparables/etc of your novel itself and how much the acquisitions board feels they can earn after doing their own research?
I've sold a book through an agent, but it was a non-fiction book, not a novel. At the time, I got the impression that it was through his efforts that a) the book even sold, especially to who it did, and b) they offered the size of advance that they did, and that without him at the helm the book may not have sold at all, or sold for a much smaller amount. Of course, the information came by way of him so it's theoretically possible he spun it, but I understand him to be (and believe him to be) a trustworthy guy.
I can see how an agent might be more influential in the size of advance for a non-fiction because it's easier to define the market and whether people are likely to like the book or not (non-fiction being less subjective than fiction), and place that information in the hands of the acquiring editor, but I'm wondering whether an agent's past sales have any real bearing on his/her future ones?