After all these posts, I realised the most frequently asked questions relating to literary agent commissions in the minds of new authors haven’t been directly tackled yet. What’s the average commission rate for literary agents? What is this commission applicable on? How do literary agents get their share (i.e. how do they get paid)? Does the commission percentage remain the same for everything that the author sells? Do these rates justify full-time literary agent jobs?
Well, I’m not too sure if we should get into that last question. But let’s try to get some answers for the others.