How does the money a buyer spends on an image get divided between the photographer, the agency and any middle men? The answer is reasonably straight forward; it's just sometimes not all that transparent...
First, an explanation of some terminology...
Royalty - The payment a photographer (illustrator etc.) receives when an image is sold.
Commission - The money that an agency takes from the sale for conducting the transaction and to cover costs, commissions are also paid to resellers (syndication) and affiliates who find buyers.
(Traditional / macrostock agencies often listed their commission rates rather than royalty rates i.e. the amount they kept for acting as a broker)


Until you migrate to using expensive strobe lights, a tripod is, to be honest, a must have for any stock photographer. An absolute must have, perhaps only rivalled by a good camera bag if you do lots of travelling work outdoors. If you already have a tripod see below for some beginners tripod ideas and tips.
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The bar is continually rising, it's getter ever harder to be accepted as a photographer by the 