Any fee structure that can blur the line of ethics is a dealbreaker for me. I don’t know about you, but I certainly wouldn’t feel at ease with a fee structure that had me questioning the vision or reason behind each large ticket item. You begin to wonder if the $30,000 chandelier was selected because it was the best design choice or if it’s because your designer wanted an additional bonus on the final bill. As you can imagine, there are so many variables in the pricing of the finishing materials that can rapidly inflate your overall project cost. Countertops can range from $2000 a slab for something basic and can quickly go up to $6,000+ a slab for marble. Prices vary greatly, from one a chandelier can start as little as $1000 and go up to $50,000+ hardwood can cost as low as $5.00 a square foot or $30 a square foot for a European import. Unfortunately, I can’t say the same about finishing material selection. When it comes to the hard cost of new construction, there are only slight variables in labor and building materials. When higher expenses equal higher profits for the designer, it Calls into question the motives of your interior designers' material selection when prices get a little higher. However, some might argue the possible clash of ethics associated with this fee structure. The primary benefit of a percentage rate is that there is no fee upfront. Other designers will charge a percentage rate for the total cost of a project, which is as low as 10% and but as high as 25%. Some designers charge by the hour with a rate ranging between $150 to $500 an hour. To try and shed some light on the matter, I’ve done a breakdown of the three most common Interior design fee Structures with the pros and cons to each. Trying to understand the large gap in industry pricing can leave homeowners scratching their heads. When it comes to interior design fees, there is no set standard on hourly rates, let alone fee structures.
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