Home Business Icheon City cuts real estate brokerage fees… Effective from the 19th

Icheon City cuts real estate brokerage fees… Effective from the 19th

by news dir

Icheon City announced on the 19th that the real estate brokerage fee reform plan will be implemented and the brokerage fee will be reduced.

The reorganization plan for brokerage fees includes lowering the maximum rate (hereinafter referred to as the rate) for sales of 600 million won or more and rental contracts of 300 million won or more.

First, the rates are subdivided for sales over 900 million won and for rentals over 600 million won.

In the case of trading, the rate for the period of 600 million won to 900 million won is reduced by 0.1 percentage point from the current 0.5% to 0.4%, 0.5% for 900 million to 1.2 billion won, 0.6% for 1.2 to 1.5 billion won, and 0.7% for 1.5 billion won or more Rates apply.

On the other hand, for rentals, the commission rate is reduced from 0.4% to 0.3% for 300 million to 600 million won, 0.4% for 600 million to 1.2 billion won, 0.5% for less than 1.2 to 1.5 billion won, and 0.6% for more than 1.5 billion won. .

The city of Icheon said, “We will focus on active publicity to real estate agencies and citizens so that the changed brokerage fee rate is applied stably in the real estate brokerage market so that there is no confusion in the real estate brokerage market.”

[저작권자 © ‘입법국정전문지’ 더리더(the Leader), 무단전재 및 재배포 금지]

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