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I'm not really adding much to this conversation, but I realized as I read through the posts that this issue seems to always be in the minds of creative professionals. And we always seem to under price what we do!
I am in a debate with a fellow interior designer about rates for a large project - and we've been practicing for over 10 years! She can't get her mind around the idea of the final number for the fee if she would charge the lowest percentage on the going rate of 4-7% of construction -- $200,000. But the amount of work in this project is staggering and there is no way to tell how long it will drag on. Most large projects last years.
This thread has really helped me see that creative professionals really need to learn that our "creativity" is a very valuable product to the majority of our customers. We need to recognize our own value!
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