Should I Be Nervous??

posted 2 years ago in Venue
Post # 2
Member
566 posts
Busy bee
  • Wedding: September 2015

tmbtitw03:  i have never personally heard of this. we went with one of the most upscale venues in the city and all they asked for was $2500 to hold the date, the 2nd deposit is due at our tasting (so about 6mths before the wedding) the remainder due a week before the wedding date. i figure its broken up so much as you never really know final numbers, menu options, additional food etc until much closer to the wedding. the $2500 is also non-refundable. that seems to me to be an exorbitant deposit for a date so far ahead. is there anyone you can talk to – like a wedding planner, coordinator about this? sorry i couldnt be more helpful 🙁 

Post # 3
Member
913 posts
Busy bee
  • Wedding: November 2014 - 11/15/14-Vineyard

Ours was staggered, 25% due at signing, 25% due 6 months prior, 25% due 60 days prior and 25% due 2 weeks prior. Thanks to this, I planned early and just made payment every pay period. 

I have never heard of it all being paid THAT early though. Did you ask them why or if they are open to a payment schedule?

Post # 4
Member
273 posts
Helper bee
  • Wedding: December 2025

That seems a bit odd – our venue prettt much let us draft our own payment plan (within reason of course), and we paid 25% every other month. We’ve paid in full already, but in the event that we cancel 90 days prior to the event date, we still get 50% back. I wouldn’t feel comfortable with the 100% non-refundable part, but I guess that comes with a popular venue?

Post # 5
Member
6030 posts
Bee Keeper
  • Wedding: October 2014

Venues that are in high demand are more able to set contract terms that favor them more than the consumer.  You can always ask if they can alter that policy and take the balance on the day of (and they can always say no). You can also protect yourself by paying with a credit card instead of a check, so if something goes wrong with the venue, you can dispute the credit card charge and let the credit card company deal with recovering the money they’ve paid the vendor (debit cards do not usually offer this level of protection) and look into wedding insurance/event insurance which can help get some of your money back if there are circumstances other than the venue that make you unable to actually have your wedding. If you go with insurance, make sure you read and understand your policy very well; most policies only cover certain circumstances such as natural disaster, death, etc but might not cover injury to the bride or groom, loss of job, etc.

You can (and should) work out what your service expectations are, and write them into the contract. The venue will have to agree but it’s very difficult to get your money back due to “poor service” if there is no definition of “poor service” in the contract. 

Post # 7
Member
745 posts
Busy bee

That’s definitely odd. Most venues I spoke to collect final payments closer to the date, largely because your numbers might change (though if venue isn’t offering catering, this might explain why it wouldn’t matter).

I’m in no way an expert, but I’ve heard your CC won’t cover you if the payments was over 6 months in the past. Again, not an expert, but if that’s the protection you’re relying on I’d double check the rules with your specific card.

Post # 9
Member
1473 posts
Bumble bee

I think it would depend how much the fee is. A few thousand is normal to hold the date but any more and I’d be nervous. 

Post # 11
Member
1473 posts
Bumble bee

I think that makes sense then. Our deposit to hold the date was $2000. We then had to pay 50% later on, which included catering. 100% was due a week before. 

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