Estate Agent Commission Calculator Nigeria

Calculate agent fees and all transaction costs for property sales or rentals in Nigeria.

₦
%

Typically 5-10% for sales in Nigeria

Sale Transaction Costs

Total transaction costs

₦2,700,000

Fee Breakdown

Agent commission (7.5%) — seller pays₦1,500,000
Stamp duty (1.5%) — buyer pays₦300,000
Consent fee (~2.5%) — buyer pays₦500,000
Legal fees (1.5%) — buyer pays₦300,000
Registration (~0.5%) — buyer pays₦100,000
Total buyer-side fees₦1,200,000

Agent, legal and government fees on a ₦20,000,000 sale come to ₦2,700,000

Estimates only. Rates vary by agent, state, and negotiation. Always get a written breakdown from your agent before committing.

Agent Commission FAQs — Nigeria

How much do estate agents charge in Nigeria for a sale?

Estate agent commission for property sales in Nigeria typically ranges from 5% to 10% of the sale price, with 5-7.5% being most common. The rate depends on the agent, property location, and the terms negotiated. Some agents in Lagos charge a flat 10% for high-value properties.

How much do estate agents charge for rental properties in Nigeria?

For rental properties, Nigerian agents typically charge 10% of one year's rent as their commission, paid by the tenant. Some agents also charge the landlord a separate fee. In addition to agent commission, tenants usually pay a legal/agreement fee of 5-10% of annual rent.

Who pays the estate agent in a property sale in Nigeria?

In a property sale, the estate agent's commission is typically paid by the seller. However, some agents charge both buyer and seller. This should always be agreed in writing before the transaction begins.

Can I negotiate estate agent fees in Nigeria?

Yes, estate agent fees are negotiable in Nigeria, especially for higher-value properties or if you are bringing the agent multiple listings. Getting quotes from several agents and being clear about the services included can help you secure a better rate.

Are there legal fees on top of agent commission in Nigeria?

Yes. Legal fees for a property sale or purchase in Nigeria are typically 1-2% of the transaction value, paid to a solicitor who handles the deed preparation, due diligence, and registration. For rental agreements, legal/agreement fees are usually 5-10% of annual rent.

For the full breakdown — negotiation tips, city-by-city rate differences, and VAT rules — read our Estate Agent Fees in Nigeria guide.

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