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November 17, 2009
Retainer for architect
Is it standard to pay a retainer to get an architect started on plans? And how much is normal?
Comments
Yes, this is standard but the amount is open to negotiation. Ed Kopel ARchitects
Posted by: edkopel at November 17, 2009 5:46 PM
standard practice
Posted by: eman1234 at November 17, 2009 9:19 PM
Yes, standard. I base it on a ballpark of the cost of construction and do 0.5-1% so for a $500,000 project, may ask for a $3500 retainer.
Posted by: archigoddess at November 19, 2009 12:42 PM
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