No literary agent ever replied. So the author became his own agent, negotiated hard and got himself $1,000,000. He said yes.
The negotiations were tense. Both sides walked out twice, into the same kitchen. In the end, the agent secured the deal of a lifetime for his only client.
COPENHAGEN — Most authors want a literary agent: someone who believes in the book and sells it. Many send their manuscript to agent after agent, and wait.
Abdel Seoud sent his. None of the agents replied. So he became his own agent.
The negotiation was tough, DNN understands. Both sides walked out twice. In the end the agent secured a deal for the author: one copy, $1,000,000, beers and chocolates included. The author accepted on the spot.
"He is the only agent who has ever believed in me," said Seoud, the author. "He drives a hard bargain," said Seoud, the agent.
DNN Culture · The negotiation
Author vs. agent: the talks
- Agent I've read your book.
- Agent I've read the cover.
- Agent What are you asking?
- Agent That's ambitious.
- Agent My fee is 15%.
- Agent Of nothing, so far.
- Agent Deal.
The contract
- Parties
- Abdel Seoud (author) and Abdel Seoud (agent)
- Price
- $1,000,000 for the only copy
- Advance
- $0
- Commission
- 15% to the agent, paid to himself
- Term
- Until the book is sold
- Signed
- Twice, in the same handwriting
Rejection letters (written by the author, to himself)
- Dear Author, thank you for your submission. Unfortunately it is not quite right for our list. Our list is empty, but still.
- Dear Author, we love the title. We would love it more if there were a second copy.
- Dear Author, we are not taking on new clients at this time. Or any clients. We are you.
0 agents have offered to represent the author. He already has one.
The interview
- DNNWho represents you?
- SeoudI do. I came highly recommended. By me.
- DNNWas the negotiation difficult?
- SeoudVery. At one point I threatened to walk out. I followed myself into the kitchen.
- DNNWhat is your commission?
- Seoud15%. I pay it to myself, so it evens out. Everything with me evens out. Mostly at zero.
- DNNWould you recommend your agent?
- SeoudTo anyone who has written exactly one book and printed exactly one copy.
DNN Poll
Should the author fire his agent?
0 votes. Results appear after you vote.
No real literary agents or agencies are named or quoted. The rejection letters were written by the author, to himself.