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Korean Job Discussion Forums
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PatrickGHBusan
Joined: 24 Jun 2008
Location: Busan (1997-2008) Canada 2008 -
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 Posted: Mon May 26, 2014 7:40 am Post subject: |
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We worked with a realtor to buy our first and second apt in Busan when we lived there.
We worked with a realtor to buy an apt in Busan a couple of years ago.
Each time it went fairly well but we did our homework. |
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rainman3277
Joined: 13 Sep 2009
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| Posted: Mon May 26, 2014 3:45 pm Post subject: Re: So tired of Korea and their realtors 부동산s |
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| Overture1928 wrote: |
| This is a rant. I am so frustrated with the whole Realtor system in Korea. For the most part, they are an unnecessary overpriced middle man. $400-$900 for a couple hours of work? That's getting up to what a lawyer makes. Do you even need to go to university to be a realtor in Korea? Often they generally don't even have many places to choose from. You may think oh this waygook doesn't have money but I would say I have an average amount, 10K and around 1k a month for rent. They show me 2 places and expect me to make a decision by tomorrow. Yea right, GFYS. Back in North America you simply go on Kijiji/craigslist or walk into an apartment and ask to talk to the landlord to see if rooms are available and how much rent is etc. Koreans don't understand this system when I explain it to them. They are always like "what if the landlord is fake and doesn't own the building or takes everyone's money and runs away?" This just seems like a ridiculous question but I guess it has happened enough times in Korea that they thought they needed a middle man to take care of this situation. Just a total pain in the ass especially for people wanting to relocate multiple times a year. I guess part of it is because the people who own apartments/villas are old and not tech savy. They don't know how to advertise, especially on the internet. Don't get me started on the whole Key Money thing. Thank you, this has been therapeutic. |
There are apartment posted on expat sites and craigslist which I have used in the past and not paid more than a couple hundred bucks for paper work.
What's your gripe with key money? I think it's a great option for keeping rent down.
I think the problem is that you are financially in a place where you think W10million is a lot of money. I've been there. Once you get through that transitional financial stage, you'll wonder why you got so worked up over the realtor fees. |
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PRagic
Joined: 24 Feb 2006
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| Posted: Mon May 26, 2014 10:01 pm Post subject: |
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My biggest gripe is similar to one another poster put up, that being the agent wanting to show us whatever they have as opposed to something we want.
We get it every time we look. We want a 3 bedroom, at least 35 p'young but bigger is OK. We give them a budget range knowing full well that it could run us more. NOT an apartment, but a unit in a building ON THE TOP FLOOR WITH DIRECT ROOF ACCESS. Then it begins. Ah, you are just a couple, so you don't NEED a 3 bedroom that big. I have some great TWO bedrooms perfect for a couple. Blah, blah, blah...
I've gotten to the point where I'm VERY straight forward going in. I have a list in writing with what we want, and tell them that if they show me anything different and waste my time, we're through doing business with them.
Getting tougher and tougher to get full on chunsae these days. Major bummer. |
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cdninkorea
Joined: 27 Jan 2006
Location: Seoul
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| Posted: Tue May 27, 2014 4:05 am Post subject: |
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| IlIlNine wrote: |
| I believe that the word you were looking for was "two room" |
We kept saying that. I only said "two bedroom apartment" in the post above because I was interpreting from Korean. My wife is Korean, so the problem was not the result of a language barrier; the realtors just kept showing us what they wanted us to rent, not what we asked for. |
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