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Korea Real Estate Agent Fee Calculator (중개수수료)
KRW
Maximum Agent Fee
—KRW
Transaction Amount—
Commission Rate—
Maximum Fee—
VAT (10% on fee)—
Total (inc. VAT)—
Korea Real Estate Commission Rates
In Korea, real estate agent fees are regulated by law. The maximum rate for apartment purchases under 200 million KRW is 0.5%, for 200-900 million KRW it is 0.4%, and for over 900 million KRW it is 0.9% (negotiable up to a cap). Both buyer and seller pay the commission to their respective agents.
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Agent fees are negotiable within legal limits. Rates shown are maximum legal rates.