Archive for August 28th, 2008

Aug 28 2008

Mr. Buckell reports: the median advance on a first sci-fi or fantasy novel is $5000

I provide advice about how to write novels, comic books and graphic novels. Most of my content applies to fiction-writing in general, but I also provide articles specifically about superhero stories.

Tobias Buckell gathered some data describing how much authors make on their first advance. The median author in SF or fantasy makes $5000. The average in both categories is slightly higher (about $6500), but that’s probably distorted by a few superstars that skewed the distribution curve.

He also broke the data down by agented vs. unagented submissions. The median advance for an unagented manuscript is $4000, compared to $5500 for an agented manuscript. You might think to yourself “aha! I will make more if I have a superior negotiator on my side!” That’s probably true, but please also consider that a novelist that is good enough to convince an agent to work with him is probably better-than-average to begin with. In addition to that selection bias, you’d also have to factor in the agent’s share of the advance.

That said, I think an agent can be a powerful ally and (all things considered) one that will probably pay for himself.

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