Freelance Writing Services — Freelance Writer for Hire (716) 579-5984

Novel Writer for Hire

This section contains the terms on the payment that you will receive. Most agreements encloses that there shall be three dates of payment on which one – third of the agreed amount is given. First payment is commonly given during the signing of the contract, the second on the presentation of a satisfactory ms; lastly, on the date of publication. You may also agree on different provisos. You may have two dates of payments, instead of three, on which one half is given during the contract signing and the other half on delivery. This option is more preferable considering it might take a year before your book gets published.

Royalties are usually a percentage of the price of the book. The book may come in different forms. Different forms may mean different corresponding prices and possible different percentages for the royalties. The usual royalties for hardcover books is ten percent of the list price. For mass – market paperbacks, if the sales successfully reach the target number of sales which is usually 150, 000, the royalty rates may increase from four percent to eight percent. Unlike market paperbacks, “trade” paperbacks are intended for vending in regular bookstores and not in mass outlets such as supermarkets, shops or retailers. Both will give you similar rates, however the list price for trade” paperbacks will likely be higher and the sales, lower. When purchasers are book clubs or overseas markets, you’re probably getting only one half of what the royalty rates are. As for licensing sales, the publisher and you will divide the amount you gain. This refers to instances such as when another publishing house wants to produce a paper back edition of your hardback novel; you will get half of the amount the other publishing house is willing to pay. If in case the paperback house decides to license a hardback edition as part of their scheme to increase sales of your novel, then you will get 75 percent of the transaction.