Editors’ fees vary so drastically that authors are often (rightfully) confused about how much to pay. I’ve seen copyediting fees that range from $20/hour to $300/hour. That said, I’ve seen plenty of authors pay $20/hour for a poorly executed copyedit that needed to be redone. I know one author who paid $200/hour for a copyeditor who’d worked on a famous best-seller, operating under the false assumption that a good copyedit would be their ticket to best-seller status. That didn’t happen. Get a few bids and consider paying a couple different editors for two hours of their work and compare. It’s important to judge the work rather than the fee. Consider this investment as research rather than money wasted.
It’s best, if you decide to hire a freelancer, to figure out what the going rate is for the service you need, and expect to pay that amount. Otherwise it may turn out to be a waste of money, because the quality of the service will suffer. Sometimes there are payment plans to help with high costs! But it’s really a good investment to pay industry standard for editorial services; I agree with Shayla.
I cannot speak for all editors, of course, but I know I and many of us would be open to editing just part of your book at first, say, a particular chapter or two that you sense needs a lot of work. That is often enough to show you mechanical errors that you tend to make repeatedly. You can then go through the entire manuscript yourself looking for as many of the same kind of errors as possible. You will sharpen your basic writing skills in the process, and it will pay off in all future projects.
Some authors budget very unrealistically, perhaps just a couple hundred dollars. (I’m not saying this is necessarily true in your case, but I have encountered it.) In such cases, I find myself wondering whom they are imagining should bridge the gap between what they are comfortable paying and what the editor needs to earn in order to pay expenses and support him- or herself.
The greatest benefit of an editor is that he or she is not the author. An editor is someone else. Some editors are professional writers, but every single one of them is a professional reader. As a writer, you’re probably a voracious reader, but you can never be a true reader for your book. By bringing forth a book into the world, you’re asking other people to read something you’ve never read. If you sincerely want the book to be the very best that it can be, then you must ask someone else to read it first. You owe it to your book, to yourself, and to your readers.
First, decide whether your time or your money is worth more to you right now. You can greatly reduce the amount of money your project will cost by investing more time, and vice versa. If time is no object, you may want to spend some hours in the library reading style manuals and going through your manuscript with a fine-toothed comb so that when you do hire an editor, (s)he will be able to zip through it quickly. If you end up deciding that’s more effort than you want to invest, then you will at least find the monetary cost of hiring someone to do it for you a less bitter pill to swallow.
Wonderful article! The difference between the types of editors can’t be emphasized enough, escpecially when it comes to price. I’ve seen too many new authors seek out a copywriter when they need a content editor. (Most bad reviews that say “they really need an editor!” reflect that.) This is a relationship and you need to be able to work with the person. If you disagree with all of their suggestions, or they can’t see your perspective, then the edit is worthless. Writers also need to be aware of the difference between an edit that’s going to help the story and… Read more »
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An edit is a business transaction. This means that money will exchange hands. Therefore, you need to approach the edit as both a writer and a businessperson (an increasingly common role in the age of self-publishing). Compare the deals you’re offered. Editors with brand-name backgrounds might offer less user-friendly terms (such as hourly rates, which are less predictable than fixed contracts), while less established professionals might offer discounts and extras (such as book formatting and publishing consulting). Don’t be afraid to ask. Hiring an editor is a professional investment. A sample edit will allow you to estimate the value of the service, but never forget about the price.
Work in house first. That’s the best way to learn all you can about editing and proofreading and make good connections. I have met several people I’ve worked with from hanging out in Twitter and responding to tweets asking for an editor or proofreader, but I have had the most success from business connections I made while working in in house. Other things – a web site, professional associations such as the SFEP and the EFA (though I can’t say much more on these as I am not a member of either yet!), social media.
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It can take some time to find the right editor, so you may want to start asking around even before you have a text that is ready to send. If you know a fellow author who can recommend someone, that’s wonderful, but if not, it’s fine to poke around the websites of some editors and see who appeals to you (and seems to work within your genre). Then contact them by whatever method they request (often a contact form on their site).