We may be talking about different services. I’m referring to a full read that usually creates a 5-10 page edit letter–no in-line editing. Or, perhaps we’re just working in different corners of the market. I’m around those who are freelance editing pre-query for writers hoping to traditionally publish their genre fiction, not the kind of rigorous editing a self publishing author would need, which should rightfully be much more expensive! It’s true that most people doing freelance editing at the lower rate/rigor aren’t doing it full time. It’s an optional step for those traditionally publishing, and the prices reflect maintaining access for those writers, I believe.
I hope this helps! Please don’t be discouraged by editor’s rates. Many of them do this full time or to supplement their other income with their business. The quality of service is not necessarily tied to project cost, but hiring anyone who is a contractor or freelancer often means you’re getting one-on-one personalized attention you might not get if you worked with, say, just the editor of a publisher who could see your book as a quota to fill. Just my two cents!
Although many writers talk about having friends, family, and old college professors help them edit their work, that’s really not the ideal way to go about the editing process for a book or short story that you plan to publish. A professional editor with years of experience and training in your market or genre can provide valuable feedback and advice that goes far beyond simply correcting spelling errors, typos, grammatical errors and usage errors.
BookBaby’s Book Editing Services offer three different options for authors: Line Editing, Copy Editing, and Proofreading. These different levels of editing services cover everything from basic grammar and misspelling corrections to review of the story narrative, story development, characterization, and sentence structure. We offer options to ensure that each author is satisfied with their editing service.
While you may (or may not) be correct in your assumptions, your tone in general is rude, and disrespectful. If you are indeed a true editor of distinct taste and experience, you should not feel the need to bad mouth others for their thoughts and opinions. Show a little decency, and realize that you are indeed speaking to a human being, who probably has thoughts and feelings, and is in my opinion, a much more intelligent human for having the intellect to not attack someone verbally for their thoughts. No one needs you to be rude, or asked you for that matter.
If an editor’s rates seem skeptically low, send an editing test, ask for references or a sample, place a hidden message in your post, and see if they understand the different types of editing. If an editor passes all of these tests, even if she’s a newbie, give her a try. This could save you hundreds of dollars and help you find a skilled editor who is competent and affordable.
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.