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How it works
- Purchase: under ₩50M 0.6% (cap ₩250k), under ₩200M 0.5% (₩800k), under ₩900M 0.4%, under ₩1.2B 0.5%, under ₩1.5B 0.6%, ₩1.5B+ 0.7%.
- Lease: under ₩50M 0.5% (₩200k), under ₩100M 0.4% (₩300k), under ₩600M 0.3%, under ₩1.2B 0.4%, under ₩1.5B 0.5%, ₩1.5B+ 0.6%.
- Monthly rent value = deposit + rent × 100 (× 70 if the result is under ₩50M).
- These are maximums — you can negotiate. Officetels and commercial property use different rates.
FAQ
How much is the real estate agent fee for renting in Korea?
For monthly rent, the value is deposit + rent × 100 (or × 70 if under ₩50M), multiplied by the lease rate (0.3–0.6%, with caps for small amounts).
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