Brokerage fees paid when trading high-priced housing are lowered. On the 9th, the National Rights and Interest Committee prepared a plan to improve the fee rate and recommended the improvement to the Ministry of Land, Infrastructure and Transport. The Ministry of Land, Infrastructure and Transport announced that it would complete the reorganization of the fee rate by June-July through its own service.
The Kwon Ik Committee proposed four improvement plans to the Ministry of Land, Infrastructure and Transport. First, the first plan is a method of subdividing the standard of the transaction amount section, which is currently the 5th stage, into 7 stages, and a progressive rate for each section. According to this, commissions are lowered when buying and selling expensive homes over 900 million won. For example, when buying and selling a 1 billion house, the commission is reduced from 9 million won to 5.5 million won. However, houses less than 900 million won will remain the same or will increase. For example, when buying and selling a house of 800 million won, it increases from 4 million won to 4.2 million won.
In the second proposal, the fixed rates of the progressive method for each section were the same as in the first proposal, but the cost of expensive housing was decided through consultation between the parties. Plan 3 contains a single rate system (or a single flat rate system), and plan 4 contains the contents of consultation within the range of 0.3~0.9% regardless of trading or rental.
Rental brokerage fees, which were more expensive than buying and selling, will also be lowered. The lease-related brokerage fee from 0.3% to 0.9% will decrease to 0.1% to 0.5%. When signing a jeonse contract of 600 million won, the existing fee was 4.8 million won, but it is reduced by 2.7 million won to 2.1 million won.
The revised proposal also included the provision of mandatory provisions for the posting of business registration certificates at brokerage offices so that the provider of the cause should bear the costs of brokerage repairs when the final contract is terminated, and it can be verified whether a simplified business operator is exempt from VAT. In addition, 17 metropolitan local governments across the country were asked to prepare measures to exempt or reduce brokerage fees, taking into account the income level and the size of the housing to be rented, only to tenants of low-income, youth, and newlyweds who are disadvantaged in housing.
They also paid for brokerage services. Now, even if you look around several houses when looking for a house, you don’t have to pay fees unless you sign a final contract. However, if this improvement is accepted, you will have to pay a fee for knowing just by looking at the house. The fee is paid by the person who finds the house.
Reporter Kang Young-yeon [email protected]
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