A literary agent promotes an author’s work to publishers and media producers as well as handling their business dealings, allowing the author to concentrate on their work. Often agents will specialise in a particular non-fiction subject, such as history, or in a type of fiction, such as crime.
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The income of a literary agent varies widely depending on location and also on whether you are working freelance. The figures below are only a guide.
For literary agents who are employees, starting salary is usually from around £18,000 a year upwards. With experience, this can rise to between £25,000 and £35,000 a year or more.
Commission is usually between 10% - 15% of the book sales in the UK and 20% of overseas sales and for sales of film and TV rights.
The income of freelance literary agents varies from month to month.
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The following organisations may be able to provide further information.
Publishing Scotland
Tel: 0131 228 6866
E-mail:
enquiries@publishingscotland.org
Website:
http://www.publishingscotland.org/
X:
@PublishScotland
Facebook:
https://www.facebook.com/Publishing-Scotland
Publishing Training Centre
Tel: 020 8874 2718
E-mail:
courses@publishingtrainingcentre.co.uk
Website:
http://www.publishingtrainingcentre.co.uk
X:
@PTCBookHouse
Facebook:
http://www.facebook.com/PTCBookHouse