There are several ways interior designers in Farmers Branch charge for their expertise. Which one they use is dependent on the scope of the project. At RSVP Design Services, we always choose the method most beneficial for the client and their individual project.
This is one of the most common methods for fees. It is based on an hourly rate the designer sets with the client in the initial meeting, and the amount is determined by the designer’s level of expertise. After the initial scope of the project is outlined, the total hours spent on the project can be estimated by the designer to give the client an idea of the total fee projected. This fee method is ideal for smaller projects that may not require an excessive amount of time from the designer.
This method is based on the total square footage of the project. A higher or lower square footage rate is due to how in depth the designer must go to complete the project. For example, a project that requires more creativity or a more complex design will have a higher dollar rate per square foot than a project that only requires finish selections and minimal furniture.
Cost Plus Fee
A licensed designer has access to discounted pricing anywhere from 10 – 40% less than retail, depending on the vendor/store. With this method of fees, a designer will pass a portion of the discount onto the client. For example, if a piece of furniture is 30% less retail for the designer, they give the client 15% off. The most important thing about this method is transparency between client and designer, which is accomplished by defining discount percentages from the beginning.
First, the designer evaluates the scope of the project and estimates the time required to complete the project. From this estimation, the designer is able to determine a lump sum for the design portion of the project. After the designer and client agree upon the sum, the client makes incremental payments, usually monthly. This is a way to create a cap for the design fees, not to be exceeded. It is imperative that with this method, the client and designer agree upon a sum the client is comfortable with.