One question needs an answer—how much do quantity surveyors charge? After much thought about budgeting, costing, and getting the best value out of the money you are willing to spend for a project, you’re probably here to know how much you should prepare when you hire a quantity surveyor.
Whether you’ve hired one before or you haven’t contracted a quantity surveyor yet, it’s better to know the factors that you should consider to arrive at the most accurate estimation when you hire one. In this article, we will help you find out the things you should know about quantity surveyors and the factors affecting the quantity surveyor cost.
The cost of hiring a quantity surveyor
The cost of hiring a quantity surveyor depends on many factors, such as the size of the project, the period of the construction, the reliability of the surveyors, and how much you are willing to pay to get the right value.
Size of the project
The size of the project affects the cost of getting a quantity surveyor. The larger the project, the higher the fee to hire a quantity surveyor. Considering the scope of estimation, budgeting, monitoring, and assessment, it’s reasonable for a quantity surveyor to charge the amount equivalent to what he will give to the company.
Period of construction
The period of the construction comes with the size of the project. Although some real estate developers adhere to their constructions plans to finish specific projects in a given amount of time, big projects tend to last long. And when quantity surveyors are engaged with a real estate developer for a more extended period, the charge is higher compared to short-term engagements.
Reliability and experience
The reliability of quantity surveyors is also considered. The more reliable the quantity surveyor is, the higher the fee. Take note that you are paying for the experience. A reliable quantity surveyor can bring so much value to your projects. You may even save a lot of money if you have a trusted and proven person or company to work with. Experience is often the most expensive to buy. If you aim to get the best value project for your real estate company, hiring an experienced quantity surveyor makes a big difference.
The average cost of hiring a quantity surveyor in Australia
In Australia, the average cost of hiring a quantity surveyor or residential quantity surveyor is around $128,838 annually. This is approximately $66.07 per hour. Entry-level surveyors earn about $90,000 per year. This may change depending on the factors mentioned above.
Looking for a Quantity Surveyor to hire?
When looking for a quantity surveyor to hire, don’t always look at the cost. Sometimes, the cheaper the service is, the riskier it is. So, you have to consider the reliability of the quantity surveyor as well.
Additionally, don’t forget that you can always negotiate. Quantity surveyors know how to compromise, especially if you are a repeat client already. There’s always room for negotiation if both parties agree.
If you are looking for quantity surveyors around Australia, you might want to check out the services we offer, including quantity surveyor depreciation schedule.
Call us at 1300 313 524 to inquire about our quantity surveying services!