Custom Furniture Toronto – Get the Most From Your Designer

This video was posted on Thursday, January 12th, 2012 and filed under Real Estate.

When it comes to hiring interior designers, a very common question that is asked is how much is it going to cost. There are a lot of people that worry that their interior designer is over charging them. These are both actually very hard question to answer because the price will depend on the individual job. Custom furniture can be very expensive; however, the actual price will depend on what you are actually looking for. The price charge will vary between designers as well; therefore, it is a good idea to get a few quotes before you decide on what designer to use.

There are five basic ways in which a designer can charge their client. The first way in which they can charge is by an hourly rate. A lot of people that are hiring a designer dread the hourly rate, and this is very understandable. Some designers could take a while to do a project whereas others could do them fairly quickly.

That said, consultations are usually priced fairly by the hour with another payment then agreed upon for the actual work to be carried out. Some designers will agree to setting a cap or limit on the number of hours for the work to be completed in or on the total price maximum. You just have to come to a clear understanding of what happens once that cap is reached if the project is not completed yet.

Rather than charging by the hour, some designers are now charging a percentage. This percentage may be taken from the materials used for the project or may be a reflection of your overall budget for the project. You have to be certain that you do the math and know exactly what you will be paying for the project before you agree to any type of payment plan that works off of a percentage.

Another pricing option which is not used very often is to charge by the square foot. Designers who use this method will have a predetermined price per square foot and will usually use this charging method only for large projects. That said, the most commonly used charging system is one fixed fee. You are better off this way since there is no guessing or figuring out how much you will have to pay in the end. You are charged one agreed up on price regardless of the time it takes to complete or the number of square feet involved, though your designer will keep those factors in mind when setting the flat fee.

It is very common for designers to talk about payment schedules, and by this they mean how much and when payment will be made to the designer. It is very common practice for a designer to request a deposit when the agreement is signed. It is usual for a deposit of fifteen per cent to be requested.

In some cases, you may find a designer who wants as much as half of the fee upfront. You will typically pay for the consultation in full and then discuss the payment schedules and down payments in the event you decide to hire that designer.

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Posted by on Jan 12th, 2012 and filed under Real Estate. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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