Literary Agent to Authors: Take the Money

To get an agent or not, Stephen King said you need an agent when you have enough money for someone to steal it from you


Guernica: Is there ever a situation where you’d advise an author not to take a big advance that’s being offered?

Chris Parris-Lamb: No, not really. Which is not the same as saying they should always take the biggest advance that’s being offered. But I’d never advise an author to turn down an advance because it’s big. Statistically, your book is more likely to do well if you receive a big advance. There is more pressure on the publishers to make it work and get their money back if they’ve paid out a large advance. The downside of any advance is always the same—your book might not sell. That’s a risk if you get a small advance, and a risk if you get a big advance, so if there’s a big advance on the table, take it, and use the money to write your next one.

I think there’s this idea…

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