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Paying the “community norm” is the way to go, outside of dire situations, according to what Ive heard and read from Rabbonim and Seforim. Correct me if Im wrong.
If anyone is aware of any Rov who feels the community norm in the tri-state area is below $500 per side, Id love to hear the Rovs name. He should have no qualms about going public with his Psak.
SYAS, for instance, orchestrates Shiddcuhim throughout the world, and doesnt move a step without consulting Poskim. They recommend (on their website, Laws of Shadchanus area) paying $1,000 per side, and if you cant pay that amount, to consult your Rabbi.