Most editors in my genre charge from 002 to 007 per word. That’s for developmental and FLE, (Final line edit) – three rounds in all. The 10,000 fee you mention here would put off anybody from ever hiring an editor. I know few writers who could pay that, which is why Amazon is flooded with poorly written and badly edited books. I would encourage writers to contact other authors in their genre for tips on editors and to cultivate good beta readers.
Attention to detail is a critical skill for editors. So how do you screen out editors who might not wield a virtual red pen with the chops to catch every typo, grammar problem, style issue, and the like? You could post a job ad for an editor and subtly screen out applicants that aren’t as detail-oriented by including some fine print in the description.
Ebook Launch helped make my first self-publishing project a success. They responded promptly when I had questions prior to hiring them for a custom ebook cover and .mobi and .doc formatting. Their price was about half what was quoted by format and book cover freelancers, so I was pleased that I got my money's worth. They sent two book cover variations and we worked through suggestions to improve on one. My book cover design turned out great. I look forward to working with them again in the future.
Note: On the spreadsheet, the editor’s total cost will be automatically calculated once you insert your total word count and the editor’s per-word rate. If you’re given a per-page rate, you can calculate a per-word rate by assuming the industry standard of 250 words per page, e.g., $3 per page equals $3 per 250 words. Dividing 3 by 250 equals $.012.
Lots of authors I know have a hard time finding an editor because they feel that they want to “know” their editor. This is understandable when you’re entering into a developmental relationship, but copyediting and proofreading are much more technical skills. The best copyeditors and proofreaders I know are freelancers who are hard to find because they’re working for publishing houses, and the only people who have access to them are companies and/or individuals with stables of editors they’ve cultivated over years in the industry. If you find a service (or individual) you trust with access to a stable of editors, be open to being assigned to one. Ask about the individual’s qualifications, and what other books they’ve edited, but let the trial edit be the deciding factor rather than any connection you hoped to have between yourself and your editor.
Working with a professional is always the best choice, so if possible, then save up to work with an editor. But of course, some writers can't afford this, in which case there are some other options. You can barter with other writers in the same genre, editing each other's work, or providing other services you might be more skilled at e.g. Marketing tasks.
That’s a great point about other disciplines. Why should writing require some outside arbiter? Is it because these other disciplines consist in crafts that require significant training, whereas anyone who’s literate can start writing a book at any time (and therefore, the threshold for entering the medium is much lower)? I do hope you’re right about learning self-editing skills. I actually just made a YouTube video about how to self-edit: https://www.youtube.com/watch?v=3mmLEuH9x28
Hey Elizabeth – I get what you’re coming from. I try to work in some flexibility with clients due to budget. Like you said, many people are charging the market rate regardless of experience. However, most good editors will work with your budget in one way or another, be it payment plans or reduced rates. I find it’s easier for me to retain clients and provide better services if the costs go down over time. Some people choose to discount the first project. It’s all very fluid. But yes, cost can be a deterrent for some folks. Self editing can drive these costs down, so taking the time to go through your work first is very helpful for the editor and for your own pocketbook..
I have over 18 years of experience writing about, researching, and analyzing complex public policy, historical, political, and international affairs subjects ranging from UN peacekeeping to ancient Rome and my work is regularly published online by a variety of websites. Published in Newsweek, the Modern War Institute at West Point, Mic, The Jerusalem Post, The Jordan Times, and other publications.
So because of this and because I don’t live in NYC or LA, I decided I may have better luck writing a book, which I have been doing for several months now and enjoy; however, I know it needs work and I can’t go back to the 5th grade and pay better attention to the simple “put your period here and comma there” lessons so I was hoping to learn as I go with reading, writing and seeing my finished product after hiring an editor.