Author Topic: Signing 1 st Agent Agreement - need advice  (Read 1843 times)

Offline katyusha

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Signing 1 st Agent Agreement - need advice
« on: April 14, 2006, 06:13:25 PM »
Hello Everyone,

I need some sound advice  as I am about to sign a contract with a literary agent for my first book,  it seems a bit one sided to me ... I may be totally wrong as I am totally green.

These are the three points I would like to run by you:

1) "If any other writer approaches you (the agent) with the same idea or a similar idea, you are free to represent the project"

I am not sure how to understand this. Does it mean that they would represent an identical project? What's the point?

2) "You may receive on my behalf all money due me from agreements signed through your efforts. This includes all sales for which negotiations begin during the term of this agreement, and all changes and extensions in those agreements, regardless of when they are made or by whom."

Would you say that this is a standard procedure?

3) "You (the agent) will pay for all expenses which arise in selling my work except photocopying my work; mailing it abroad or on multiple submissions; buying galleys and books; and legal assistance. I must approve all expenses of more than $50 for which I will be responsible".

Which to me seems like I will have to pay for all of the expenses in the end?

Let me know your thoughts and comments on this.

Thanks a million.