Korean Real Estate Brokerage Fee Calculator (Cap and Overcharge)
Works out the legal cap on a Korean real estate agent's commission for housing, officetels and other property, and how much of an amount already paid exceeds it.
How to use
- Pick the property type and the deal type, then enter the price or deposit (and monthly rent, if any).
- Read the cap for one party; enter what you paid to see the excess (reference letter in Korean).
FAQ
What is the rule?
Enforcement Rule of the Licensed Real Estate Agents Act, Article 20 and Tables 1 and 2. Housing sales run 0.4 to 0.7%, housing leases 0.3 to 0.6%, with caps in the lowest brackets; other property up to 0.9%. Korea-specific and in Korean; local ordinances may differ.
AI agents: this calculation is available over an API without the form — see /llms.txt and the tool list at /api/calc; confirm the final result on this page.