real estate agents Archives

Number of Real Estate Agents Declines Despite Market Rebound

SEOUL, Aug. 28 (Korea Bizwire) — Despite the rebound of the real estate market, the count of licensed real estate agents establishing their independent agencies continues to decrease across the country. The total number of such agents stood at 116,976 in July, dipping below 17,000 for the first time since January of the previous year, [...]

Real Estate Agents Mired in Crisis with Enemies on All Sides

SEOUL, Aug. 19 (Korea Bizwire) — South Korea’s real estate agents are beset by enemies on all sides as they are under increasing pressure from both the government and the public opinion to lower real estate commissions. Consumer complaints are high about real estate brokerage fees, which are set in proportion to a home’s sale [...]