Korean Agent Commission: A 940,000 Won Jump at the Bracket Line
The commission cap on a 600 million won apartment sale in Seoul is 2.4 million won. Rates step up by bracket, so the cap jumps 940,000 won between 890 and 900 million.
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#중개수수료 2 posts
Real Estate Brokerage Fees — Rate Cap Tables and Monthly Rent Formula
Brokerage fees are negotiated within the rate cap, not a fixed price. Based on Seoul's rate table: sale and lease brackets, the monthly rent conversion formula (deposit + monthly rent × 100), officetel rates, and VAT — in calculation order.