Realtors mandated to state accurate commission fee when signing contract with …


time now for our life and info segment
where we focus on information useful for your everyday life if you are a
homeowner here in South Korea we have some news for you starting from February
next year real estate agents in the country will be required to confirm the
accurate realtor fee when signing a contract with the contractor this is
according to the Ministry of Land infrastructure and transport which also
explained Tuesday that the Korea appraisal board will run a hotline from
February to receive complaints on unfair behavior by realtors the ministry says
that stating the accurate Commission fee or prevent miscommunication between the
realtor and the contractor as it stands right now real estate agents in South
Korea can charge in proportion to the contract amount

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