Have you ever thought about hiring an interior designer to help create the perfect look for your home or space?
There are several advantages and disadvantages to think about, but the most crucial element for the average homeowner is cost. Most interior designers will charge by the hour, but not all of them. The current market rate in the United States falls somewhere between $50 to $200 per hour.
Then you have your budget to determine for the items that you want. You must be extremely direct with your interior designer about this aspect of the project. Put it into your contract that they cannot spend more than the amount your budget permits for the project. That will prevent paying an unknown set of costs and fees upon delivery.
What About the Markup Fees for Interior Design?
If your interior designer isn’t working on an hourly basis, then they are likely charging a mark-up fee on the items they purchase for your home. The industry standard for this practice is for you to pay a 15% fee on top of the cost of your décor as a way for them to make a profit.
Although this can be a way to save money from the homeowners’ perspective, it can also become a money pit very quickly. There might be minimum purchases involved with your contract that go beyond the scope of what you require. Make sure to read all of the fine print that is available in your agreement before signing over your cash.
If you’re uncertain of some terms in the contract, then don’t ask the interior designer. Take the agreement to a legal professional you trust to receive professional advice instead.
Some interior designers may charge an hourly fee and the mark-up for their compensation. It is up to you to determine if there is value in that structure when you want to update the décor of your home.
Is It Worthwhile to Hire an Interior Designer?
It is not unusual for homeowners to struggle when trying to decide on a direction to take a room from a style perspective. You can choose a single piece or color, then base everything else from this initial foundation. If you have enough time to work with the space, then you can build the perfect look over time without the help of an interior designer.
If you don’t have the time to work on the space on your own, or if you want to live in an area that is professionally designed and decorated, then the costs of hiring an interior designer outweigh any of the disadvantages you might encounter.
When your budget limitations do come into play, it might be worthwhile to hire an interior designer to work on a single room first. Then you can move on to each additional space as your time and money allow.
For most homeowners, the question is more about whether or not it is worthwhile to hire an interior designer is to see if it is affordable first.