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Interior Design - Creating Luxury in the New Economy
Frugal
is the New Black
The elements
of design haven’t changed much over the years, but current
attitudes have shifted. While opulence was once celebrated, frugality
is now being trumpeted. Yet the right design can transform a property,
increasing it in value nearly two-fold, nothing to sniff at in a
buyer’s market. As home owners in many cultures move frequently,
leaving their exquisite homes behind, it is prudent to consider
design elements which are universally appealing, and finding a designer
who keeps this in mind is key. Designers should protect the client’s
interests, not only by respecting their wishes during the design
process, but by creating a look appropriate for the property itself,
as some day, another buyer is bound to walk through and generally
does not appreciate an over-personalized space. What elements should
one keep in mind then, when selecting an interior design expert?
First,
do what is right for the space, for the property itself. The best
designers will help you create value in your current home. Second,
find a designer who understands and listens to you. Third, create
a relationship with a designer who is dedicated to following your
timetable and budget as closely as possible. A tall order? Perhaps,
but considering today’s real estate market, and how a value-added
property shines in comparison to an unimproved property, it is a
task worth pursuing.
“Interiors
do not just happen, as designing is like composing music –
the architecture, furnishing, art and lighting are the instruments
needed to create a visual symphony," explains Ron Dayan, owner
of Piccadilly Designs. “When I work with clients, I’m
not there to impose my own taste on them but try to be sensitive
and intuitive to their needs, working with information given and
that which might be more obscure, as Sherlock Holmes might. To duplicate
this process, seek someone whose basic elements in design are scale,
color, texture, and functionality. We are finding that well designed
interiors sell properties faster and fetch more money when these
guidelines are followed."
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AFTER |
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of Piccadilly client, before and after shots |
Protecting Yourself and Your Resale Opportunities
A designer’s
goal should be to research, select, design and present to the client.
They should be able to specify materials, finishes, purchases and
supervise everything from the initial meeting to the hanging of
artwork, all while following a budget to the letter, and outlining
services offered in a detailed ‘letter of agreement.' Hold
them to this. In your ‘letter of agreement,' you can include
elements such as; having the designer present the cost of items
by producing original invoices, designing key elements themselves
(everything from furniture and architectural details to wrought
iron work and landscape elements), preparing details and specifications
that clearly indicate designs to trade people involved, and being
on-site during key installations to minimize costly mistakes. As
early planning and follow up are essential to on-time projects,
ask that your designer obtain quotes from manufacturers and suppliers
early on, anticipate when trade people will be required to start
and complete assignments, give early alert of approaching dates
and any changes in schedules, and follow through with suppliers
as purchase orders and payments are not always enough to ensure
accurate and timely delivery. Choose a designer willing to be easily
accessible and available on the job-site, someone with a long roster
of qualified suppliers, and one who is able to keep you informed
of the work progress, on a timely basis.
Find
a designer with buying power. One who can buy ‘factory-direct’,
benefitting from ‘Stocking Dealer’ prices. Deal only
with reputable designers, those willing to show you canceled checks,
if need be, to discover true prices and make certain the designer’s
stated sources were paid and will not have a claim against you,
the homeowner, a rare but unfortunate occurrence in the industry.
"Be clear about which services the designer is expected to
perform, what compensation they require, what warranties, guarantees
and general responsibilities are required of both parties to the
agreement," states Dayan.
"A
designer requires an inspiration from you, in the form of expressing
trust and rendering full cooperation, and in return you benefit
from the talent, training and rich experience of a well-chosen designer,"
Dayan clarifies. How do you, the client, go about creating this
relationship? Look for someone with design credentials, (Dayan,
for example, is a member of the British Institute of Interior Design,
MBID). Find out what their influences are – have they traveled?
Do they have a history in art? In architecture? In fashion? In entertainment?
Have them show you their portfolio, then expect them to be unbiased
and reflective during your perusal of that portfolio. Where have
they studied? Who are
their former clients? Can they create a unique style for your property
or do they have just one ‘style’ they replicate endlessly
(West Coast Casual or European Formal, for instance)? Will they
bring fantasy and imagination to the job? Are they supportive of
your ideas, wacky or traditional? "We have found that the best
approach is to carefully listen to the owners while touring the
property without rushing to any conclusions," Dayan details,
"mentally recording their reaction to the portfolio and then
paying special attention to specific comments concerning the work
while reviewing it. We prefer to observe their style in fashion,
cars, artwork, and the clippings from magazines they are encouraged
to gather in preparation for our meeting ~ all of this helps tremendously
in the programming phase; the most important one in the project."
Top real
estate developers realize that interior design services do not ‘increase
their budget’ but rather, improve the bottom line. Residential
and commercial property owners and developers, hotels, resorts,
yacht and jet plane manufacturers, have all benefitted from expert
design assistance. When it is time for you to make that decision,
choose what is best for the property’s architecture, and for
your timetable and assigned budget. Decide to create your own personality
imprint with art and accessories perhaps, enhancing the property
for your own use and for the possibility of future residents…and
choose someone eminently capable, as this is going to benefit one
of the largest investments in your portfolio, your home.
Unique
Global Estates wishes to thank Ron Dayan of Piccadilly Designs
for his assistance with this article. Dayan has a rich background
in architecture, interior design, art and culture and offers a wide
scope of services. He has traveled to 35 countries for his inspiration,
has designed for high-profile, often celebrity-status clientele,
has worked extensively in the film and television industries, and
has been featured on ‘Lifestyles of the Rich and Famous’.
Dayan has a rich background in set design and hails from England
where he honed his abilities as a designer of the future…able
to quickly decorate homes beautifully, uniquely, and frugally. Dayan’s
practice is based in Beverly Hills, California (www.piccadillydesigns.com)
Frugal is the New Black – (article on Reuters, 2008)
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