I’ve had lots of friends lately going to different conferences, and it seems like the concurrence of the editors and agents there is this:
they’re still selling books.
It’s taking longer, and for less money up front. I’ve also heard (and spoken to) a few different agents who say: polish. Editors are more likely to pick up a book (even from a debut author) if it looks like there’s not going to be much editing to it. As in, it’s slick. Proofread. Ready to go. They say they just don’t have enough time anymore to edit (yikes) and they’re gonna spring for those.
So the days when an editor would buy a book and go through 3-4 editing rounds seem to be over. More’s the pity.
What do they recommend us to do, besides wait and wear out the boat waiting for the tide to come in? Write more. Edit your present MS to a shine. Get some crit partners, or find some beta readers that would be willing to read through it and offer their opinions.
What do you think of the current publishing slump? How are you getting through it?