Today kicks off the first in a new three part series, inspired by one of my readers (thank you Britt Dyer!). Over the next several weeks I’ll be talking about agents: what they do, how to get one and how to work with one once you’re in partnership. It’s a subject that can often feel mysterious or frustrating. Sometimes it’s a challenging part of getting “to the next level” in your career, but it doesn’t have to be confusing!
What exactly does an Agent do? Well, the short and sweet is: they negotiate contracts. Legend has it, there was once a day when they sought out budding young talent with potential and cultivated it…but that doesn’t happen much anymore. Basically, you and your agent are part of a team. You come to the table a completely formed product, and then your agent (hopefully) helps to sell it. Ideally, they find lots of opportunities for you, they talk you up, push for you and go to bat for you, and when you book jobs, they get you the very best deal they can, which will be mutually beneficial for both of you, as they earn 10% of what you make. With union jobs, that 10% is typically added to the top of your rate, so the agent’s cut doesn’t actually take away from what you’re making on the gig.
Wait, how are Agents different from Managers? Technically, to call themselves an agent (at least in the state of California), they have to have a license, adhere to certain guidelines and practices, and they can only take 10%. There are no requirements for someone calling themselves a “Manager”. Don’t get me wrong, there are definitely some great managers out there, and typically they get more involved in the day to day career of the talent (or at least, they used to), but beware, there are tons of unscrupulous ones out there, as well. Most managers take between 15- 20%. A lot of times they will add an additional percentage onto the client’s bill and still (also) take 15-20% out of your cut. That being said, if they are getting you work that you wouldn’t have had otherwise, then it’s probably still worth it.
So, do I need one?