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Professional fees
Fees for valuation and estate agency in Kenya are not set by each firm. They follow scales made under the Valuers Act and the Estate Agents Act.
Valuation fees
Valuation fees follow the Third Schedule to the Valuers (Forms and Fees) Rules, as substituted by Legal Notice 69 of 2024. The fee depends on the purpose of the valuation and the value reported.
| Item | Fee |
|---|---|
| Land and buildings (urban, rating and agriculture) | 1% of the first KES 5,000,000; 0.25% of the residue |
| Compulsory acquisition | 2% of the first KES 5,000,000; 0.5% of the residue |
| Rental valuation (annual rent) | 10% of the first KES 800,000; 5% of the residue |
| Plant, machinery and automobiles | 1.5% of the first KES 10,000,000; 0.5% of the residue |
| Furniture, fittings, equipment, trading stock and going concerns | 5% of the first KES 2,000,000; 2.5% of the residue |
| Minimum fee | KES 25,000 for any valuation |
| Consultancy not involving a valuation, a valuation report or advice on value | KES 3,000 per hour, the hours as assessed by the Director of Valuation |
| Attending court or a place outside the office, a day or less | KES 3,000 plus transport at AA rates |
| Attending court or a place outside the office, more than a day | KES 3,000 plus transport at AA rates and the daily subsistence allowance set by the Salaries and Remuneration Commission |
| Certified copies of data | KES 1,000 for the first 10 pages; KES 100 for each additional page |
| Disbursements and expenses | The costs incurred in undertaking the valuation |
For worked examples, read Property Valuation Fees in Kenya.
Estate agency and property management fees
Sales, purchases, lettings and management are charged under the Estate Agents (Remuneration) Rules, Legal Notice 36 of 1987, as amended by Legal Notice 198 of 2002.
Scale I · Sales
| Item | Fee |
|---|---|
| First KES 100,000 | 10% |
| Next KES 900,000 | 6% |
| Residue | 3% |
Scale IA · Purchases
| Item | Fee |
|---|---|
| First KES 100,000 | 5% |
| Next KES 900,000 | 3% |
| Residue | 1.5% |
Scale IB and IC · Plant and machinery, and transfers of shares
| Item | Fee |
|---|---|
| Sales of plant and machinery | 10% of the total value realised |
| Sales and purchases by transfer of shares | Scales I and IA, undiminished by any loan or charge on the company's property |
Scale 2 · Lettings
| Item | Fee |
|---|---|
| Residential, lease of up to one year | 7.5% of the annual gross rent |
| Residential, lease of over one year | One month's rent |
| Commercial, sole agency | 7.5% of the annual gross rent |
| Commercial, general agency | 10% of the annual gross rent |
| Where management services are involved | By negotiation, but not less than half the scale |
Scale 3 · Finding or negotiating a tenancy for a client
| Item | Fee |
|---|---|
| Seeking and negotiating a property to suit the client | The appropriate letting scale; by arrangement if negotiations do not succeed |
| Negotiating the lease of a property the client names | Three quarters of the letting scale and half the estimated one month's rent, minimum KES 500 |
Scale 4 · Management
| Item | Fee |
|---|---|
| Residential | 10% of gross rents or less, by circumstances, but not less than 5% |
| Commercial | 7.5% of gross rents or by arrangement, but not less than 2.5% |
Scale 5 · Mortgages
| Item | Fee |
|---|---|
| Negotiating a mortgage or charge as intermediary, deal completed | A negotiated commission, but no fees |
| Instructed to fund and negotiate a mortgage without handling the sale | Not more than 0.25% of the capital value of the mortgage |
How fees are confirmed
- VAT is charged in addition where it applies.
- We confirm the basis of the fee, the scale applied, VAT and disbursements in writing before any work starts.
- The Valuers (Professional Misconduct) (Procedure) Rules make it professional misconduct for a registered valuer to deviate from the Board's scale without the Board's sanction, or to quote fees outside it, so valuation fees are not discounted.
Summarised for information. The gazetted texts are the authority.