From your comment, you may be in search of a manuscript critique, where you pay a professional to essentially conduct a beta read with the added benefit of their experience and knowledge about the craft. Then they’ll give you a few pages’ worth of considerations. When I don’t have the time for such critiques (and I only critique nonfiction), I refer my clients to andilit.com.

Every author must decide what is important to him or her in an editor, but in these days of electronic communication, honestly I do not think it is important to seek a local editor unless your book is specifically related to something of local interest. Even in that case, you may benefit from the perspective of someone who does not have all the local knowledge it can be easy to presume, so that you can prepare your book for a wider audience.
Hi Kerrie. Thanks for pointing that out. You’re right, there are some good ones on Fiverr. Me personally, I haven’t had good luck with it – actually quite rotten luck with it. However, in a hope to not deter people from Fiverr, but make sure they understand that “anyone” can just sign up to do it, they should be weary of it – but definitely not discard it. So, I’ve made some edits above 😉
I am late to this discussion. But I would like to speak for all those authors starting out…editing, although a necessary evil, is very expensive. Let’s face it, writing a novel is not a paid venture. If you sell your book to traditional publisher, or self publish, you will rarely make this expense up. To spend $5.0-$10.0 on your novel is just out of reach for most. I realize that editors “work hard” and “put a lot of time” into their work. But there seems a disconnect in the market place. Writers are writing for free, and shelling out all the money for little return. And yet it seems the only ones profiting is the “market place” on services. It is more an “industry” for publishing, than a means for a writer to get published, or make a living. I wish there was a middle ground for writers: an editing service that prepares your novel for submission to agents and editors at publishers, but doesn’t cost your first child! There is a need, and is truly an untapped market. But what you have are editors, at all levels, “demanding” the market price, whether they are experienced, starting out, or good. There seems to be no heirarchy with an equal level of professionalism for new writers vs experienced who might have a bigger budget for editing. I liken it to buying cars. You can buy a car at $15.0 and still get a good, safe car that looks nice and is drivable.. Or, you can buy a car at $50.0 if you want more prestige, quality service, personal attention, more features. Both are acceptable and worthy, just at different levels of affordability. Although editors are arguably at different prices, as the comments have indicated, the less you pay is for limited services, not a varying level of editing. It’s like getting a car with three wheels. But new writers do need a full service of editing…at an affordable price. I am not sure how to get there, or the value to editors, but there does seem to be a gap that needs to be filled- reliable editors, who can help bring a novel to a professional level for submission, and it be worth their time in doing so, at a rate that is more manageable for a writer’s pocketbook.
Editors are an integral part of content generation at any level. A quality editor is responsible for the final, polished look and feel of any written content produced by a client. Freelance editors provide a flexible and talent-driven way to manage multiple products in a professional way. They can be used for a wide variety of projects, from editing for syntax and grammar on regular blog posts to providing structure, pacing, and style feedback for nearly finished novels.
We’ve set up a unique “first chapter critique” service which includes up to 5,000 words (which should actually include 2~3 chapters… or a prologue, preface or intro). This will be an deconstructive developmental edit, pointing out exactly where your weaknesses lie and what you can do to make them better, but will not include a full edit or proofread. We will, however, edit your blurb, bio or query, as long as they fit within the 5K word limit.
My facility with words derives from a love of literature and a background in French, teaching English, and editing. Throughout my academic and professional experiences, I have had the opportunity to work on a variety of texts, from academic papers to blogs to web content to novels while respecting English grammar and mechanics within the context of various style guides, including AP, CMoS, APA, and MLA.
An edit requires a substantial investment, many times greater than the cost of a book. Editors who spent years as assistants, learning the craft of editing and acquiring the knowledge of how to guide authors, are a safer choice. Their track record speaks for itself; editors at this level have bestsellers and award winners in both the traditional and the self-publishing space.
A good editor is worth their weight in gold. Myself, I’m a frugal person, so I do my own ferocious self editing. I once belonged to a writers group, and the material the members submitted for critique made me cringe. Their story ideas were good, but were full of unnecessary adjectives, numerous misspelled words, run on sentences, and they had their characters grunting, snorting, huffing and puffing. I would spend time editing and when I gave back the material, the people were offended. I figured these people were looking for praise and not the truth.
The price you’re going to pay an editor depends on a lot of different factors. You may just want an editor to proofread your book to catch minor errors and typos. Or you may want to work with an editor to help you overhaul your book. Getting familiar with the kind of editing options available will help you choose the right editor. Typical book editing services are:
Just launched my new novel "Who is Waldo Wiggins?" this past weekend and the response has been great. Ebook Launch did all the cover art (front and back) for the paperback and ebook, and they knocked it out of the park. The first thing people mention is the cover art and the great job that was done on it. Personally, I couldn't be happier. The end result was beyond my expectations.
Whether you’re just starting out, or you’ve been writing for some time, it’s no secret that the most successful writers specialize in a niche. Why? Focusing on a niche helps you become an expert in that area, write better content, ask better questions, and know where to find sources and research. The best editors typically specialize in one or a few niches for similar reasons.
The team at Ebook Launch was highly recommended by a publishing website I trust, and I turned to them for helping me format my ebook. They have been wonderful to work with! The turnaround was unexpectedly fast and I got incredible value for my money. But more importantly, Adrian gave my book the same care I would as an author. He offered suggestions that improved its appearance and provided a beautiful, clean format. I also appreciated his patience and friendliness. If you want great service at a great price, Ebook Launch is the way to go.
After writing some of the book or a first draft of a book, some authors decide that they need more than an editor; they need a writer to take their writing to the next level, in order to get published or reach the level of sales they aim for.  I can refer aspiring authors to excellent, experienced co-writers, book doctors and ghostwriters, some of whom have worked on New York Times Bestsellers and other award-winning books. Find out more about ghostwriting services.
Regarding your last question, I know of no editor who gives a money-back guarantee for occasional errors that happen to slip through or for a different opinion by a later editor. I’m afraid such things are just the nature of the publishing beast. But by having a shorter portion edited first, you will get a decent feel for whether someone is the right editor for you, and will be able to be confident in his or her work on your entire book.
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