This blog piece (at her archived blog) by Jennifer Laughran, Senior Agent at the Andrea Brown Literary Agency, is excellent foundational information.
Did you know that "nice deal" is anything between $1 - $49,000?
Or the seven reasons agents might not report sales?
Or that some agents, sometimes, report sales to "drum up some early foreign or other subrights interest"?
There's lots more to learn, and Jennifer's post is a great place start. Read the whole post here. And thanks, Jennifer!
Illustrate and Write On,
Lee
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