We do not know exactly how much does an interior charge because with many different projects, there are many different designs, clients, requires and other things. But here we will tell you some ways that interior designers commonly charge.
Hourly rates (Consultation Fee):
This type of payment is very common for professional interior designers. The clients will pay the total hour of working for the designer, not actually pay for the efficiency.
I think this is definitely a big worry of most of clients because the budget could be a huge number. How long do you hire an interior designer? This kind of job can’t be done in a few hours; it can take about 20 to 35 hours, which can cause a big total amount. Beside, how can we sure that designer is good or bad? Fast working or slow working? This might cause the cheated feelings for the clients.
However, there are still service providers or designers agree to discount on the total charge, but you need to be aware of the maximum fee before making the deal in order to not misunderstand each other. This way of paying is more suitable for consultations than completing a design service.
This is a good way of payment to consider. The interior percentage charge is predetermined according to the total fee of the project including the wholesale costs that the interior pays for the furniture, labor or furnishings, also add the commission for other jobs like planning, selecting, applying and delivery.
It also depends on how big your project is. For example, the percentage charge is 1 % or lower for a big commercial contract, but for a smaller contract like residential project, it can be about 40 %.
Some people might think the interior will get the expensive items for the project in order to increase the commission. However, this might result in a high standard project and your house will look gorgeous any way. In some case, it will satisfy the clients and increase the reputation of the interior designer, so I think this is actually not bad.
In fact, most of clients choose this type of payment and they are comfortable, as long as they got the agreement clear.
Fee per square footage:
This type of payment is typical for large commercial design project.
First, the interior will measure the space of clients in order to determine the square footage, and then they multiply it and the agreed amount from both sides.
This space is for a group of person or just only one person to work, so the space planning and design should be performed to be most comfortable, most convenient, and most efficient as possible.
However, you can use this payment combined with other payment forms of additional services that the clients require.
This billing method is not used for the residential projects.
Pre – fixed rates:
Most of clients prefer this method of billing.
The interior designer will estimate the space size, the hour of working, the total budget and other details which is the more the better, based on their experience, and then the clients and the designer will discuss about the payment.
This is the traditional payment that was applied for a long time ago.
All the fee will be paid by the clients without any charge is sent directly to the interior designer. The interior design service will get the payment from the discounts of the retailer. All the prices is quoted by the retailer and paid by the clients.
This payment might be great in providing furniture to the clients, however, it is too old- fashioned to the interior design projects nowadays because it can cause many difficult problems for the interior designers.
If your project is large and complex, then this is the recommended type of payment. The name tells you everything; it is the combination of other billing methods.
The space planning work can be applied to the fee per square meter (or square footage).
If you offer furnishings, furniture or delivery, apply the percentage fee.
If you plan to purchase the costly, rare and antique items, use the retail method – the clients pay the price of the expensive items, and the interior designers will make the money from the commission shared by the retailers.
You can see this method of billing has the best advantage from each other type of payment.
You should focus on the paying schedule which is how much and when you pay your interior designer. This is the time when the interior show their request of the retainer. A retainer should be 15 % from the total fee and you have to make it clear right from the start. There are still some designers or firms that request 50 % retainer and even higher.
Each interior designer has their own types of billing method. Some require weekly payment, some require bill per month. In my opinion, it is better paying on each completed phase, which make the bill illustrate and satisfy both sides.
Now, I think you have determined the suitable type of payment for your project; it is time to make an agreement form and sign. The clear discussion will lead to the smoothly deal between the clients and the interior designers.
Thank you for reading my post.