South Korea Real Estate Brokerage Fee Calculator
Choose the South Korean property type, transaction, and KRW amount on the left to see one party’s fee cap, negotiated amount, and VAT example on the right.
Inputs
Property
Transaction amount
Options
Enter a South Korean transaction amount in KRW to calculate automatically.
Results
Enter a KRW amount to show the band and next boundary.
- Transaction amount
- —
- Applied rate
- —
- Fee cap
- —
- Negotiated fee
- —
- VAT example
- —
- One-party total
- —
Checks
This is an estimate under South Korean law structure and the calculator’s existing Seoul residential tier assumptions. The applicable local ordinance, broker-office location, negotiated rate, tax status, and current effective rules may differ. Recheck official sources before contracting.
ready to use.
- Visible firstKeep the input and result positions clear.
- Results firstPut the main number up front and keep the process secondary.
- Less to askNo sign-up or extra information before using the tool.
How to read this South Korean brokerage-fee estimate
This page estimates one commissioning party’s South Korean brokerage fee in KRW.
The receipt supports the responsibility, negotiation, and rent-conversion structure only. Recheck current official rules and the preserved Seoul tier assumptions.
Each party has a separate fee
Article 20 describes collection from both commissioning parties separately.
- Displayed total is for one party
- Do not halve a shared total
Housing limits depend on ordinance and negotiation
Article 32 leaves housing limits to local ordinances within the ministerial framework.
- Check the relevant province or city
- Record the negotiated rate
Monthly rent uses a 100-or-70 multiplier
The monthly-rent amount combines deposit and a statutory multiplier of monthly rent.
- Deposit + rent×100
- If below KRW 50M, use ×70
Officetel requirements change the branch
The qualifying South Korean officetel category differs from other non-housing property.
- Confirm use and facilities
- Confirm the legal category
Other property uses a negotiated ceiling
The preserved model applies the within-0.9% assumption to other officetels, commercial property, and land.
- Check posted office rate
- Confirm in writing
A band cap can override the rate product
Where a tier has an amount cap, the lower cap controls.
- Rate product
- Tier cap
- Use the lower amount
Negotiation and VAT are separate steps
The negotiated share is applied before the optional 10% VAT example.
- Cap → negotiation
- Negotiated fee → VAT example
KRW 600,000,000 housing-sale walkthrough
Under the existing Seoul tier assumptions, 0.4% gives KRW 2,400,000 for one party.
- KRW 600,000,000
- 0.4%
- KRW 2,400,000
Boundary values need careful reading
The preserved code treats exact thresholds as the next band.
- Distinguish below from at least
- Convert monthly rent first
Checks before signing
Verify the current ordinance, office rate notice, negotiated fee, tax status, and effective date.
- Current official text
- Written fee agreement
- Receipt or tax invoice
Questions about South Korean brokerage fees
QWhich country’s rules does this calculator use?
It uses South Korean law structure and the existing Seoul residential tier assumptions. It does not calculate another country’s law.
QDo buyer and seller split one fee?
No. Article 20 describes fees collected separately from both commissioning parties. The displayed amount is for one party.
QMust the full cap be paid?
No. The fee is negotiated within the statutory and local-ordinance limit.
QHow is monthly rent converted?
The existing formula adds 100 months of rent to the deposit, or 70 months when the first total is below KRW 50,000,000.
QWhat assumption is used for a qualifying officetel?
The preserved assumptions are 0.5% for sale and 0.4% for lease when the South Korean officetel requirements are met.
QHow are commercial property and land handled?
The existing model uses a negotiable cap within 0.9%; verify the posted rate and current rule.
QIs VAT always 10%?
No. The checkbox adds only a 10% example. Actual VAT depends on the broker office’s tax status.
QWhy must current rules be rechecked?
Housing limits are completed by local ordinance and laws or ordinances can change.
Korean primary law
Checked 2026-08-10. Only Article 32 of the South Korean Licensed Real Estate Agents Act and Article 20 of its Enforcement Rule are used as legal authority. Recheck current law and the applicable local ordinance.