Chapter 2: The Costs Of Hiring A Matchmaker
Fees vary tremendously depending on the matchmaking service you choose. Higher-end matchmakers that invest more time and resources into your search require a much higher fee, while lower-end matchmakers normally spend less time and charge a much lower fee. Furthermore, keep in mind that more experienced matchmakers, such as those established in the 1990s and 2000s, normally have a higher price tag, as they have invested years into building a higher quality database of singles.
Different Business Models
There are two major business models in the matchmaking industry.
The first model is where men pay a very high fee while women are accepted for free. Men can expect to pay between $25,000 and $150,000 USD for an annual membership. Women, on the other hand, can enter into a free database for an unlimited amount of time. However, they are not guaranteed any dates, at all, ever. They will only receive a date when they match the search parameters of one of the company’s male clients.
The second model is where both men and women pay the same membership fee. Annual memberships could start as low as $2,500 and can go all the way up to $150,000 USD. A lot of men and women prefer this model because these services treat both genders equally, and both men and women are guaranteed a certain number of dates per month. In this model, there are no assumptions that men should be the breadwinners while women don’t have to contribute financially. Furthermore, this type of business model doesn’t attract women who are only searching for rich men, weeding out the “gold-diggers”.
Low-end matchmakers normally accept a large amount of clients and charge a minimal fee, between $2,500 and $15,000. This may sound like a good option; a minimal fee for a large client database, however, quality is more important than quantity. These services normally will send you out on a lot of dates, but they may not have the highest quality of candidates.
Then there are high-end matchmakers who are selective in their members, and may charge anywhere from $15,000 to $50,000. The most established and experienced matchmakers with a proven track record normally fall into this range. This type of matchmaking service is more personalized, exclusive, and well worth the extra money. They only accept a limited amount of clients per year, which allows them to invest the time and resources in each client’s search. Because of this, they have to charge a higher fee.
Very High-End Matchmakers
Then there are VERY high-end matchmakers who may only accept a handful of members per year, and charge anywhere from $150,000 to $500,000. With this price tag, you should expect a lot of extras and frills, including credit and background checks, date coaching and psychological testing, and image consulting, though some services charge extra for these services. To pay this amount of money for a very high-end matchmaker is debatable. As discussed in Chapters 3 and 4, always do your research and ask the important questions before moving forward.
Prices also differ tremendously based on geographic parameters. Some matchmakers may only focus on a specific state or region, while others offer local, national, or international memberships. If you don’t plan on moving outside of your city or state, we recommend sticking with a local membership, as you will save a lot of money. However, if you travel, are open to moving, or are open to having your partner move, choosing a national or even an international membership may be worth the extra investment. Many established companies have networks of quality singles in the United States, Latin America, Europe, The Middle East, India, and Oceania. You will notice that most international matchmakers almost always have networks at least in the United States and Europe. Why limit your dating pool to a postal code when the love of your life may be in a neighboring state or country?