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.
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.
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.
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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.
If you’re a first-time author and have never hired an editor before, I would not recommend hiring an editor without first getting a sample edit. An editor can have a great resume and speak eloquently on the phone, but the real test of their skills is how they edit your book, and the sample edit is a quick, free way to find out. It’s standard for a freelance editor to offer a free sample edit unless they are exceptionally well-known.
Rates – Most online book editors are freelance editors, which means they set their own rates. Editors may charge per word, hour, or project. Editing is a valuable investment in your book as a good editor can turn your story from meh to amazing! But the highest rates don’t necessarily mean the best editor, and the lowest rates could be wasted money. Definitely take rates into consideration, but don’t select an editor solely on price.
Another place to find professional editing service is the team at Ebook Launch. They have a team of professional editors who can polish your book for an affordable price. You can even get a free sample edit of 750 words to help you decide if they're a good fit. The small team at Ebook Launch also provides amazing book cover designs and formatting in addition to their editing service.
Definitely not unreasonable, Frank. However, you have a couple of options. Rather than pay for a full developmental edit on what you have written so far, you can ask the editor to do a manuscript assessment – which includes a detailed written report. An MA is usually done for a fixed price based on the word count. Alternatively, you could ask the editor to do a sample/developmental edit on one chapter only. Using track changes, they can go through and make edits and comments. It’s good that you are already thinking of hiring an editor before you complete the MS. It will help guide you with the other 40% and revisit what you’ve written so far, so that once you are finished, the MS will be in much better shape for the next stage of editing.
Are you writing a picture book? A chapter book or easy reader? Is your book for middle grade readers or young adults? You may not know for sure! What age groups will be reading your book? How many words should your book have to be age appropriate? What themes or topics are typically relevant? These are some of the more generalized questions your editor can answer for you.
I usually ask for a 10-20 page sample – one page is a bit scant for a really accurate estimate. I’ll do an editing sample, too, but how long I’m willing to make it depends on the proposed length of the piece I’ll be editing. As for the “hidden message” strategy, if I saw something like that, I’d suspect the prospective client was fearful and suspicious and I’d probably run the other way. I willingly provide testimonials, references, and links to published work, so tricks aren’t necessary. It’s important to me to build a professional relationship of mutual trust with my clients, backed up, of course, by a contract that protects us both. I don’t think I’d like to work with a client who plays “gotcha!” Lots of good suggestions in this article, though.
I used Ebook Launch to format my first book, a novella entitled His or Her Betrayal for both ebook and print, and I was happy with my results. They are very professional and get the work done in the amount of time that they tell you. I just submitted my second book Love, Lies and Heartbreak, which is a collection of short-stories for them to format for print and ebook as well. I'm sure I won't be disappointed in their work. They are my permanent source for formatting my books. Thanks so much for your great work guys!!
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I keep second guessing myself on things like where a space should go when someone is talking and if I have to keep saying “He said” “She said” etc., over and over. Or Mom vs mom. It goes on and on so I am thrilled to read Trish’s response about hiring an editor for a chapter or two. I would love to do that when I finish before I do a complete rewrite myself. I think that would help save so much time.