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.
Check out freelance websites like UpWorkor even a great site called Scribendi. (Warning: if you source an editor from these sites, make sure you hire another, professional editor to go over it afterward. There is no way to know what you are getting otherwise. Just because the draft comes back better than it was before, does not mean it was well-edited!)
Really great advice. I just wish editors and proofreaders were more affordable. I find that the cost often dissuades writers from hiring help, even though it’s a really important investment. I like PaperBlazer (https://www.paperblazer.com/hire-a-proofreader-or-editor-for-your-novel/) since it’s more affordable than a lot of other editors. The other comments here are very helpful as well.
I’m a first time writer. Today I’m about 60% done with a “novel” (a thinly disguised autobiographical account of finding romance and starting a family during the Viet Nam war). I believe that hiring a developmental editor at this time would help me complete the work in a better ‘voice’, ultimately saving time and money. The alternative would be to finish the work as this column advises before submitting for edit.
An extensive critique of my first novel led to major changes in the format. I was very fortunate to have an experienced novel writer to give a detailed analysis, with corrections. I did not fully appreciate, at the time how valuable this process was, but do now. You need to acknowledge that there are likely to be inconsistencies leading up to the final manuscript and be prepared to make drastic changes. An editor is attuned to picking up on these, where you have accepted the script , even after numerous re-writes!
Another online editing service is Scribendi, which has over 300 experienced and educated editors. They've been around a long time. With this service, you decide how fast you want the book edited and how extensive the edit should be, then they match you with an editor. You don't ever actually meet the editor, but rather work through their customer service team. Their prices depend on your requested turnaround time and word count. You can get a free quote here.
I do developmental editing mostly, so I charge a flat rate to read once and build an action plan, half before and half afterwards. Then we contract to work through the plan, where the bulk of the editing takes place and for this I charge 25% up front, 50% after the developmental edit, and 25% on completion of the final proof. I find that authors appreciate the spread payments and the transparency this brings.
I just published my fourth ebook novel recently and I've used Ebook Launch every time with very satisfactory results. They always promptly turn around the cover and manuscript formatting - and as an added bonus, they always promptly and happily answer even the stupidest questions I come up with. Adrian is very easy to work with and Dane has repeatedly come up with cover ideas when I was fairly sure that it couldn't be done.
Well, hopefully, now self published authors can now see that there are a lot of AMAZING editors who can do outstanding work for a LOT cheaper than that list. As for the free editing sample, yeah – so long as the editor has solid proof that they are a legit editor with great credentials, that’s all you need. But if they don’t have that and won’t provide a free sample edit, then there are a lot of fish in the sea and it’s best to move on.
The quotes I posted are for a specialized genre – romance. These books are shorter than many other types of fiction and yes the editors are professional. Many do this as a favor to authors they love and work with in publishing houses…so they lower their rates for private work. Over time of course, their rates increase but the prices I quoted for my industry only.
I was going to tell Blake that his figures are actually a little low. The EFA uses lower prices than Writer’s Market (which is what I use as a starting point for my pricing). Two tenths of a cent (.002) per word? That comes out to $100 per 50,000-word book. It’s a rare editor who can accurately process 50,000 words a day, so that would be dooming an editor to living off of about $50 a day. If an editor is earning such low amounts per book, then one of two things is happening: that editor has someone else to pay the bills (thus not needing a real income), or that editor is blowing through books far too quickly in an attempt to earn enough money to survive, and is leaving errors—in which case it’s pointless to hire that editor. Undercutting on prices is unethical and it hurts everyone in the industry. I would not trust that editor. Anyone who pays such low prices is exploiting another person, which is also wrong. Authors, be prepared to pay fair prices. Editors, charge enough to survive and don’t undercut the industry standards, because you’re causing harm to everyone in the field, including yourself.
Freelance editors normally do not double as literary agents. Not only is it not our area of expertise, but it can actually lead to ethical quandaries. There have, unfortunately, been cases of literary agents saying that potential clients’ work “has potential” but needs to be edited (by them or their employee), for an exorbidant fee. It would also be possible for editors to give the impression that they are guaranteeing publication of a project, when that is something no one but a publisher can do. Many professional organizations forbid their members to combine these two roles, to avoid a possible conflict of interest.