Overview

The Brokerage Fee Calculator automatically computes real estate agent commissions for sales, jeonse (lump-sum deposit lease), and monthly rent transactions in Korea. Based on the 2021 revised commission rate schedule, simply enter the transaction amount to instantly check the legal maximum fee and VAT-inclusive total. Plan your budget effectively by understanding brokerage costs before any real estate transaction.

Formula

Brokerage Fee = Transaction Amount × Maximum Rate

Sale/Exchange Rate Schedule:
- Under 50M KRW: 0.6% (cap 250K KRW)
- 50M–200M KRW: 0.5% (cap 800K KRW)
- 200M–900M KRW: 0.4%
- 900M–1.2B KRW: 0.5%
- 1.2B–1.5B KRW: 0.6%
- Over 1.5B KRW: 0.7%

Lease transactions use a separate rate table.
Monthly rent transaction amount = Deposit + (Monthly Rent × 100)

How to Use

1. 1Select the transaction type (sale, jeonse, or monthly rent).
2. 2Enter the transaction amount (sale price, jeonse deposit, or monthly rent deposit and rent).
3. 3Click Calculate to view the maximum rate and brokerage fee.
4. 4Toggle VAT (10%) inclusion to see the actual payable amount.

Tips

• ✔Brokerage fees are negotiable within the legal maximum rate. The cap is not a fixed fee — discuss the commission with your agent beforehand.
• ✔Simplified-tax agents do not charge separate VAT, but general-tax agents add 10% VAT on top of the commission.
• ✔For officetels, the applicable rate may differ depending on whether the unit is residential or commercial, so verify the usage type before transacting.
• ✔Always obtain a receipt for the brokerage fee. It can serve as documentation for tax deductions or in case of disputes.

FAQ