Unfortunately, many authors are scared off by the 10 to 20 percent cut for the agent's commission. But after the negotiation process, most authors find they do better with an agent even after a 20 percent cut.
Now if you're ready to find an agent, don't think it's as simple as opening the phone book and hiring a plumber. Most literary agents reject 98 percent of materials that come across their desk. The market has tightened so much that agents can literally pick and choose the manuscripts they want to represent.
To increase your chances of landing an agent, research the agents you want representing you and your work. Then prioritize a list of the ones you're most interested in. Make sure your choices accept the type of work you write. If you like to dabble in the different genres, search for an agent that handles all types of fiction.
Also, consider an agent's member associations. The Association of Authors' Representatives Inc. (AAR) keeps its agent members informed of changes in the publishing, movie and television industries. Agents must subscribe to the organization's Canon of Ethics and meet certain eligibility requirements in order to become a member.
While narrowing your list of agents, pay careful attention to their submission requirements. If an agent says No Phone Calls, they really do mean no phone calls.
You'll also find out how they want your information. Some may want a query. Others may want to see your sample chapters and book proposal.
Agents aren't just for big-name authors. With a little research and a strong manuscript, you can find an agent that will help you reap the benefits of being published.