money, money, money…
This will be our final article on architectural professionals (AP’s)! Phew…
We have learnt a tremendous amount through or dealings with different architects and through publishing these articles for you. We hope that they will be beneficial in arming you with the right information to improve your overall building experiences. Remember, if you have any suggestions, check out our Facebook page or leave your comments on our blog.
Here are the previous three articles:
Part 1 | Part 2 | Part 3
PROFESSIONAL FEES
Money is always a touchy subject; if you’re paying, it’s too much; if you’re earning, it’s not enough. Human nature is to always want more and the love of money can become an insatiable desire! That’s why it’s good to have some kind of benchmark from which to discern value. In professional, regulated industries, one will generally find that there are guidelines set out for fee structures and the accepted value of a service. The architectural industry is no different and on SACAP’s site one will find links to give more insight into standard charges for professional architectural services. Our consultant, Craig Canter from Parallax, advises that in South Africa, most AP’s charge around 40% of the recommended rate, because it has become such a competitive industry.
This will be our final article on architectural professionals (AP’s)! Phew…
We have learnt a tremendous amount through or dealings with different architects and through publishing these articles for you. We hope that they will be beneficial in arming you with the right information to improve your overall building experiences. Remember, if you have any suggestions, check out our Facebook page or leave your comments on our blog.
Here are the previous three articles:
Part 1 | Part 2 | Part 3
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PROFESSIONAL FEES
Money is always a touchy subject; if you’re paying, it’s too much; if you’re earning, it’s not enough. Human nature is to always want more and the love of money can become an insatiable desire! That’s why it’s good to have some kind of benchmark from which to discern value. In professional, regulated industries, one will generally find that there are guidelines set out for fee structures and the accepted value of a service. The architectural industry is no different and on SACAP’s site one will find links to give more insight into standard charges for professional architectural services. Our consultant, Craig Canter from Parallax, advises that in South Africa, most AP’s charge around 40% of the recommended rate, because it has become such a competitive industry.



