Modeling agency

A modeling agency is a company that represents fashion models, to work for the fashion industry. These agencies earn their income via commission, usually from the deal they make with the model and or the head agency.

The top agencies work with big-budget advertising agencies and fashion designers. They invest money into developing their talent so they can increase their status within the industry. These top agencies will help train models, get test shoots, layout portfolios, and put together comp cards (composition photo cards) and other printed materials models need.

The agencies find work for models by presenting them to designers, photographers, and ad agencies. The agencies are also responsible for booking the jobs, billing for the jobs, and eventually paying the models for their time. By handling the details, an agency allows a model to focus on modeling and not on the business end.

Because modeling is a very competitive, fast moving business that extends beyond the traditional 9 AM to 5 PM business hours, an agency generally conducts business 24 hours a day, to handle emergencies such as cancellations or rush jobs. Most agencies have a service or an operator to handle emergency issues after hours.

A popular and conventional way for models to build their contacts and get booked for gigs is through model management companies or agencies. As mentioned, an agency specializes in finding gigs for models that are signed with them, while managers are there to guide their models and help them start, develop, and establish successful careers, present models to booking agents, and arrange placements for their models. Mother agents/model managers such as Grace Model Management play a key role in the modeling industry. They provide the constant supply of new faces to booking markets from scouting markets. Most models are from countries like Russia, Hungary, the Netherlands, Poland, the Czech Republic, etc. while booking markets are New York, London, Paris, Milan, Tokyo, Shanghai, etc.

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% to 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 10-40% 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 you with larger agencies in each international market, while non-exclusive agencies allow you 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.

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