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Money and Career Tools

Korea Real Estate Brokerage Fee Calculator

Calculate the legal maximum Korean real estate brokerage fee for sales, jeonse and monthly rent deals from the rate caps and fee limits, including VAT.

Before You Use
  • Finance, tax, salary, and settlement outputs are simple estimates from your inputs. Check official rules or a professional before filing, investing, borrowing, or contracting.
  • Contract, certificate, application, receipt, and legal-document tools are general references, not legal advice. Check official requirements or a qualified professional before submitting, signing, disputing, or relying on them.
ToolRuns in the browser
Korea Real Estate Brokerage Fee Calculator working example

Calculate the legal maximum Korean real estate brokerage fee for sales, jeonse and monthly rent deals from the rate caps and fee limits, including VAT.

Runs in your browser
Sample result
Example Korea Real Estate Brokerage Fee Calculator result
Rate cap: 0.4%
Brokerage fee: 2,400,000
VAT: 240,000
Maximum payment: 2,640,000
Next step: If you are buying a home, add the home acquisition tax calculator to your budget.
The interactive tool loads in this area when JavaScript is enabled.

How to use Korea Real Estate Brokerage Fee Calculator

Calculates the legal maximum real estate brokerage fee in Korea for sales, jeonse and monthly rent deals, including VAT.

Housing uses the October 2021 rate caps and fee limits, residential officetels use 0.5% for sales and 0.4% for leases, and other property is capped at 0.9%.

  • Choose the deal type: sale or exchange, jeonse, or monthly rent.
  • Select housing, residential officetel or other property.
  • Enter the sale price or jeonse deposit; for monthly rent enter the deposit and rent.
  • Review the rate cap, fee limit and the maximum payment including VAT.

Useful for

  • Budgeting the agent fee before buying an apartment
  • Checking whether a quoted rental commission stays within the legal cap

Limits and checks

  • The result is the most an agent may charge; agree on the actual fee within the cap before signing.
  • Agencies registered as simplified taxpayers may charge less than 10% VAT or none, so check their tax status.

Worked example

KRW 600 million apartment sale

Deal type: sale or exchange
Property: housing
Deal amount: 600,000,000
Include VAT: on

The 200-900 million bracket applies 0.4% with no fixed fee limit.

Brokerage fee result

Rate cap: 0.4%
Brokerage fee: 2,400,000
VAT: 240,000
Maximum payment: 2,640,000

The fee is negotiated within the cap, so the actual amount can be lower.

Common issues

The monthly rent deal amount looks small

Monthly rent converts to deposit + rent × 100, or × 70 when that total is under KRW 50 million. Check the converted amount shown.

Officetel rates differ from housing

Only residential officetels up to 85 m² with a kitchen and bathroom use 0.5% and 0.4%; other officetels are negotiated within 0.9%.

How to interpret the result

A demand above the maximum breaks the legal cap, so fix the fee in writing before signing.

Related workflow

If you are buying a home, add the home acquisition tax calculator to your budget.

Privacy and review notes

Deal amounts and rent are calculated in your browser and stored only in the page address for sharing; ToolBada receives nothing.

Basis and limitations

Basis

  • The tool applies user-entered amounts, periods, rates, and selected conditions to the calculation described on the page.
  • The displayed result is a reference estimate based on that tool's formula and stated input assumptions.
  • The tool organizes user-entered values into draft text, checklists, templates, or reference calculations.
  • Contract, receipt, certificate, and application-style pages are browser helpers for preparing repeatable paperwork.

Limitations

  • Actual tax rules, deductions, exchange rates, fees, institution policies, and market prices can change by date and personal case.
  • Do not use the output as the final basis for filing, investing, borrowing, contracting, salary negotiation, or legal commitments.
  • Outputs are not legal advice or confirmation of official filing, and validity can depend on jurisdiction, facts, and required forms.
  • Documents involving rights, duties, disputes, signatures, or submissions should be reviewed before use.

Official check

  • Before filing or making financial decisions, verify with official agencies, financial institutions, exchanges, or qualified experts.
  • Before signing, submitting, or relying on a document, check official instructions or a qualified legal, tax, or labor professional.

References and methodology

  • Official external source: Korea Law Information Center — The official source for the statutes used here, such as the brokerage fee rules and Housing Lease Protection Act decree.
  • Official external source: Korea National Tax Service — The official source for Korean national-tax rates, filing schedules, deductions, and calculators.
  • Official external source: FSS Financial Consumer Information Portal — The Financial Supervisory Service portal for final checks on financial products and transactions.

Verification label: The build automatically checks risk classification, required evidence fields, and official-link format. This does not mean a licensed medical, legal, tax, or other professional individually reviewed the tool output.

FAQ

What is the fee on a KRW 600 million apartment sale?

The 200-900 million bracket caps the rate at 0.4%, so KRW 2.4 million, or up to 2.64 million with 10% VAT.

What is the fee on a KRW 300 million jeonse?

Leases from 100 to 600 million are capped at 0.3%, giving KRW 900,000, or up to 990,000 including VAT.

How is the fee on monthly rent calculated?

The deal amount is deposit + rent × 100. A 20 million deposit with 800,000 rent equals 100 million, so the cap is 0.3% or KRW 300,000 (330,000 with VAT).