In Accra, Ghana, apartment locators—commonly referred to as real estate agents or property brokers—earn their income primarily through commissions on successfully leased apartments. Their earnings per lease depend on commission rates, property value, and market demand.
Apartment locators in Accra typically charge a percentage of the total annual rent for their services.
Commission Type | Rate (%) | Example (GHS 3,000 Monthly Rent) |
---|---|---|
Standard Commission | 5% – 10% of annual rent | GHS 1,800 – GHS 3,600 per lease |
Luxury Property Commission | 10% – 15% of annual rent | GHS 3,600 – GHS 5,400 per lease |
Negotiated Flat Fees | Varies | Agreed-upon fixed price |
Example Calculation:
✔ Tenants Usually Pay the Commission – In Accra, it is common for tenants to pay the agent’s commission upfront when signing the lease.
✔ Landlords Sometimes Cover the Fee – In premium listings, landlords may offer a commission to agents for securing tenants.
✔ Property Location – Apartments in high-demand areas (e.g., Cantonments, East Legon, Airport Residential) command higher commissions.
✔ Rental Value – Higher-priced apartments lead to bigger commission payouts.
✔ Market Competition – Some agents lower commission rates to attract more clients.
✔ Experience & Negotiation Skills – Top agents earn more by securing premium clients and exclusive listings.
✔ Focus on High-Value Rentals – Leasing luxury apartments increases commission earnings.
✔ Build a Strong Network – Having a solid client base and landlord connections boosts income.
✔ Work with Multiple Listings – Handling multiple leases per month maximizes earnings.
✔ Offer Premium Services – Providing property tours, legal support, and relocation assistance can justify higher fees.
Looking to earn as an apartment locator in Accra? Browse verified rental listings on Apartments.com.gh and connect with potential tenants to increase your leasing commissions.