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Model contract

Hey, what's up guys welcome back to my channel if you're new to my channel, I highly suggest that you guys consider subscribing especially if you're interested in becoming a model or an actor, I Make weekly videos guys where I give you guys some of the best tips on how to be a model how to be an actor in this industry So definitely check out my channel check out some of my content and if you guys like it hit me with a thumbs up alright, so in this video I want to break down the four main types of modeling contracts that most models sign so stick with me I'm going to explain the four main types of modeling contracts coming right up Alright guys, so let's get to it So the very first type of contract is your mother Agency contract so you might be asking what exactly is a mother agency and how do they actually work? So a mother agency is like literally your first agents as a model This is the first agent that you sign with so like for example a mother agency in Lagos Nigeria is few models. And what they actually do is that they partner with bigger agencies across the world So like they might partner with like elites or Wilhemina models and get their models signed and get them jobs in other cities around the world So like mother agency in Lagos Nigeria could get their their models work in New York Paris Milan you name it? so that's why their mother agency is that when they Extend their contracts to other agencies and other cities they actually still get in a percentage of that Contract or whatever job the model books in overseas the mother agency still gets a cut so for example If you are a model and you sign a mother agency contracts If your mother agency gets you into a bigger agency or a different agency in another city You're actually going to be paying 20% Commission to both agents. Typically if you're just working with your agent You would only pay 20% to your agent But now since you're working with two agencies, maybe one locally and one abroad if the one abroad gets you Work you're gonna pay both of your agents. So you're losing about 40% Commission and you're keeping 60 the centerpiece for yourself So that's sort of how a mother agency works and that's sort of how the contract goes All right So the next type of contracts is a non-exclusive contract and this is a contract that could actually work in the models favor Because it gives you the flexibility to sign with other agencies. So for example in LA I'm signed to EMG models, but I'm signed on a non-exclusive contract So this gives me the flexibility to sign with other agencies So that way you don't feel like you're tied down and you can only stick...