A Snarkling finds something new to worry about now that she's GOT the agent:
"I recognize that submission success to publishers varies from agent to agent. If you have Esther Newberg, you probably have a 100 percent chance of getting a deal, although I'm sure there's a selection factor here--she gets to pick winners. And I've read that some agents take on many clients throw it all against the wall of an editor's office and see what sticks.
Do you happen to know any statistics about the percentage of agented submissions that actually get deals?"
Someone emailed me or it was in the comments line, I forget, and said they'd seen the ratio was as low as 5%. Yikes! Hard to make money that way.
I have no idea what anyone else's numbers are. Bar chat leads me to think it's a LOT higher. I know mine is. We run about 70% right now. Some of those authors have second books coming or new projects percolating, but they've had sales, and they aren't first time authors.
Five percent is just too horrid to contemplate.
I'm not sure there's any independently verifiable way to actually find out.