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Korea real estate agent fee calculator

Check the legal maximum before you pay — in 30 seconds.

Agent fee calculator

Transaction type

Deposit (보증금)in 만원 (e.g. 15000 = ₩150M)

₩만원

My agent quoted (optional)in 만원

₩만원

Based on Korea's 2021 real estate commission regulations (중개보수). For informational purposes only — verify with your local district office or a licensed attorney.

How Korean agent fees work

Real estate agent commissions in Korea are legally capped by the Ministry of Land, Infrastructure and Transport. The maximum rate depends on the transaction type (jeonse, wolse, or purchase) and the total transaction value.

Jeonse and wolse fee caps

Transaction value	Max rate	Max fee
Under ₩50M	0.5%	₩200,000
₩50M – ₩100M	0.4%	₩300,000
₩100M – ₩300M	0.3%	Negotiable
₩300M – ₩600M	0.4%	Negotiable
Over ₩600M	0.8%	Negotiable

Important: These rates were revised in October 2021. If your agent quotes rates from before 2021, they may be using outdated tables. The 2021 revision lowered caps for high-value transactions.

How wolse fee is calculated

For wolse (월세), the "transaction value" used to calculate the cap is the wolse conversion value:

Conversion value = Deposit + (Monthly rent × 100)

Example: ₩10M deposit + ₩700,000/month → ₩10M + ₩70M = ₩80M conversion value. The fee cap for ₩80M is 0.4%, so the maximum fee is ₩320,000.

Tip:If your agent's quote exceeds the legal maximum, you can and should negotiate it down. They cannot legally charge more than the capped amount.

What the fee does and doesn't include

The agent fee covers finding the property and facilitating the contract. It does not cover:

Contract review by a lawyer (separate, optional)
Stamp duty or registration tax (for property purchases)
Building maintenance fees (관리비)
Move-in cleaning fees (if charged by the landlord)

Sources

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