| Pages in topic: < [1 2] | Finder's fee Thread poster: Lany Chabot-Laroche
|
|---|
Lany Chabot-Laroche wrote:
What % is a reasonable finder's fee in this industry?
0% in my opinion.
Lany Chabot-Laroche wrote:
Here is more info, I've been contacted by an agency for a big translation project (around 2 million words) and the agency backed down, but gave me the ok to tell others about the offer.
I know at least 1 agency that might be interested, and I'm wondering how much would be fair to ask and what steps to take to make sure I get what I am promised, what kind of contract do I need?
So, Agency A backed out, you think Agency B would take the job. What I would do in a similar situation is talk to the boss of Agency B, tell them what you know about the job and ask if they're interested. If they are, request that you be put on the translator team and assigned whatever quantity you feel like taking on. Perhaps let them know which part of the project (type of text) you'd fancy most. Then put them in contact with the client and let them work out the details.
Being able to control your own workload and generating some goodwill is the most you should be looking to get out of this, in my opinion.
| | | | | Please ignore: other post reappeared | Apr 6, 2011 |
Hello Lany,
I must have messed up while sending my previous posting, so I'll keep it short this time.
Find some agencies that seem capable of providing the service and then contact them to see if they have any interest in making you an offer ("finder's fee" or other conditions) for your information. Compare the offers and then select one, renegotiate, or give up because it's taking too long.
"No value, no pay," is correct, but someone may be interested - particula... See more Hello Lany,
I must have messed up while sending my previous posting, so I'll keep it short this time.
Find some agencies that seem capable of providing the service and then contact them to see if they have any interest in making you an offer ("finder's fee" or other conditions) for your information. Compare the offers and then select one, renegotiate, or give up because it's taking too long.
"No value, no pay," is correct, but someone may be interested - particularly along the lines suggested by FarkasAndras. The near-acquisition of a major project would certainly be worth money to me.
Sincerely,
Michael
[Edited at 2011-04-06 13:39 GMT] ▲ Collapse
| | | | Samuel Murray 
Netherlands
Local time: 21:38
Member (2006)
English to Afrikaans
+ ...
| post disappeared | Apr 6, 2011 |
Michael Wetzel wrote:
I must have messed up while sending my previous posting...
My reply has also appeared and disappeared every now and then... I wonder what's going on here? If a post is hidden or removed by a moderator, you normally get a mail, but I got no such mails.
| | | |
Well, I did message the agency yesterday just before posting this question. Please note that I worked with them in-house for 2 years and that I left in good terms.
Here is what they think:
They have already received the email from this client (I didn't say the name, but general area of business, I'm pretty sure they can guess it's the same one from the volume and deadlines I gave) and find it very noble of me to have thought of them for this job. They then invite me to ... See more Well, I did message the agency yesterday just before posting this question. Please note that I worked with them in-house for 2 years and that I left in good terms.
Here is what they think:
They have already received the email from this client (I didn't say the name, but general area of business, I'm pretty sure they can guess it's the same one from the volume and deadlines I gave) and find it very noble of me to have thought of them for this job. They then invite me to work on the project if they win the bid. Closing statement is reiterating how noble that was of me in a very serious tone.
So all in all, that worked out pretty well, we can only hope they get the contract now.
Thought I still have no clue what a finder's fee would be on a project I'm not qualified to be part of, but that can wait for now ▲ Collapse
| | |
|
|
|
| Apparently it is done | Apr 6, 2011 |
I have been offered a finder's fee before, but have an NDA with the agency, so can't say any more. I don't think this is as crazy and weird as others made it out to be.
| | | | Germaine
Canada
Local time: 15:38
English to French
+ ...
| A little off topic, but... | Apr 12, 2011 |
Nicole Schnell wrote: We really need some kind of a tongue-in-cheek smiley for our forum.
Yesssss!!!! Here and around! I'm always surprised when one has to explain or apologize for irony or une énormité. I suppose that we are so much "into" the issue that we cannot feel the tickle... Well, as Bernard Werber [L’Encyclopédie du Savoir Relatif et Absolu] put it :
«Entre ce que je pense, ce que je veux dire, ce que je crois dire, ce que je dis, ce que vous avez envie d'entendre, ce que vous entendez, ce que vous comprenez... il y a dix possibilités qu'on ait des difficultés à communiquer. Mais essayons quand même!»
"Between what i think, what i want to say, what i believe i say, what i say, what you want to hear, what you hear, what you understand... there are lots of possibilities that we might have some problem communicating. But let's try anyway."
| | | |
10-15 translators does not sound like too big a project for any agency, even a small one. They could find 10-15 translators in a few days of intense work. Looks like a lemon to me.
If you have a healthy, friendly relationship with an agency that is in a position to bid for and get the job, to me it would be a bit greedy to ask for a finder's fee in this situation. You probably want to be a useful business partner to them, and quite surely you would be their preferred translator for ... See more 10-15 translators does not sound like too big a project for any agency, even a small one. They could find 10-15 translators in a few days of intense work. Looks like a lemon to me.
If you have a healthy, friendly relationship with an agency that is in a position to bid for and get the job, to me it would be a bit greedy to ask for a finder's fee in this situation. You probably want to be a useful business partner to them, and quite surely you would be their preferred translator for ever (as long as you keep the same quality and level of service you provide now), which would yield far more income to you in the long run. ▲ Collapse
| | | | | 0 dollars, then | Apr 12, 2011 |
Lany Chabot-Laroche wrote: Well, I did message the agency yesterday just before posting this question. Please note that I worked with them in-house for 2 years and that I left in good terms. Here is what they think: They have already received the email from this client (I didn't say the name, but general area of business, I'm pretty sure they can guess it's the same one from the volume and deadlines I gave) and find it very noble of me to have thought of them for this job. They then invite me to work on the project if they win the bid. Closing statement is reiterating how noble that was of me in a very serious tone. So all in all, that worked out pretty well, we can only hope they get the contract now. Thought I still have no clue what a finder's fee would be on a project I'm not qualified to be part of, but that can wait for now
See? You get nothing. Did you honestly expect to get some money out of an endeavour in which you do no work?
| | |
|
|
|
| I do get nothing | Apr 12, 2011 |
Tomás Cano Binder, CT wrote: Lany Chabot-Laroche wrote: Well, I did message the agency yesterday just before posting this question. Please note that I worked with them in-house for 2 years and that I left in good terms. Here is what they think: They have already received the email from this client (I didn't say the name, but general area of business, I'm pretty sure they can guess it's the same one from the volume and deadlines I gave) and find it very noble of me to have thought of them for this job. They then invite me to work on the project if they win the bid. Closing statement is reiterating how noble that was of me in a very serious tone. So all in all, that worked out pretty well, we can only hope they get the contract now. Thought I still have no clue what a finder's fee would be on a project I'm not qualified to be part of, but that can wait for now See? You get nothing. Did you honestly expect to get some money out of an endeavour in which you do no work?
They were already aware of that particular offer, so I wouldn't have gotten anything one way or the other, but by doing what I did, I still have the opportunity to work for them if they win the bid.
But I don't agree that having good contacts and taking the time to get all the info for a project and to send it to an agency that I know has the right resources counts as doing no work at all.
| | | | | Well, very little then! | Apr 12, 2011 |
Lany Chabot-Laroche wrote:
But I don't agree that having good contacts and taking the time to get all the info for a project and to send it to an agency that I know has the right resources counts as doing no work at all.
Well, we also spend plenty of time receiving, organising, and analysing files, doing tests, writing emails... and very often are paid nothing because (at least from the point of view of the purchaser) we haven't done anything in the project.
| | | | veratek
Brazil
Local time: 16:38
French to English
+ ...
| no surprise at all - all kinds of people on the forum | Apr 12, 2011 |
Germaine wrote: Nicole Schnell wrote: We really need some kind of a tongue-in-cheek smiley for our forum. Yesssss!!!! Here and around! I'm always surprised when one has to explain or apologize for irony or une énormité.
I'm never surprised, given the behaviors and kinds of people that pop up here and there on this forum. "All kinds of people who say all kinds of things" is an understatement...
| | | | B D Finch
France
Local time: 21:38
French to English
+ ...
Lany Chabot-Laroche wrote:
So, your advice is that I should let that client find its agency alone, let that agency find its clients alone and just mind my own business?
Seems like a good idea to me!
BDF
| | | | | Pages in topic: < [1 2] | To report site rules violations or get help, contact a site moderator: You can also contact site staff by submitting a support request » Finder's fee | TM-Town | Manage your TMs and Terms ... and boost your translation business
Are you ready for something fresh in the industry? TM-Town is a unique new site for you -- the freelance translator -- to store, manage and share translation memories (TMs) and glossaries...and potentially meet new clients on the basis of your prior work.
More info » |
| | Trados Business Manager Lite | Create customer quotes and invoices from within Trados Studio
Trados Business Manager Lite helps to simplify and speed up some of the daily tasks, such as invoicing and reporting, associated with running your freelance translation business.
More info » |
|
| | | | X Sign in to your ProZ.com account... | | | | | |
Login to reply/comment 
Translation news
