Topic summary
Modeling agencies
Extracted from the Wikipedia article Modeling agency.
Contractual agreements
Most agencies sign their top talent to exclusive contracts in each market, which vary in length based on the model's industry status and experience. However, because a good agency finds their models work and negotiates top price for their talent, they earn a management commission (between 10% and 20%) from every job they book on a model's behalf. An agency usually bills a client an additional 20% service charge for booking the model, so a typical agency will make between 10 and 40% on each booking of which no more than 20% comes out of the model's pocket. This varies outside the US due to each country's law and taxes. Other contracts offered by modeling agencies are the mother agency contract and a non-exclusive contract. A mother agency tries to sign talent with larger agencies in each international market, while non-exclusive agencies allow models to sign with other agencies (usually outside a certain city radius). Contracts typically last from a year to three years. A mother agency agreement can range from five to ten years.