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Finding an Apartment Question/Advice

 
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clueless in Korea



Joined: 06 Sep 2009

PostPosted: Thu Feb 20, 2014 5:30 pm    Post subject: Finding an Apartment Question/Advice Reply with quote

Hello Dave's ESLers,

I want to find a new apartment, but I'm hopeless when it comes to doing this on my own for reasons x, y, and z.

I recently came across a service here in Seoul that helps with this process: Your Ultimate Apartment. Has anyone used their services before? Are they helpful? Any feedback would be great.

As always, thanks for your help.

Sincerely,
Clueless
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optik404



Joined: 24 Jun 2008

PostPosted: Thu Feb 20, 2014 5:41 pm    Post subject: Reply with quote

I don't know about that service but you'll probably pay out the ass if you use them.

All you really need is enough for the deposit and a Korean friend or some Korean fluency to find an apt.
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ttompatz



Joined: 05 Sep 2005
Location: Kwangju, South Korea

PostPosted: Thu Feb 20, 2014 5:56 pm    Post subject: Reply with quote

and if you are a newbie in Korea then finding your own place is certainly NOT a good idea for at least a,b,c,d... x,y,z reaseons.

.
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yellowdove



Joined: 19 Aug 2009

PostPosted: Thu Feb 20, 2014 7:48 pm    Post subject: Reply with quote

We used James Realty, based out of Gangnam... we did have to pay her realtor fee, but after doing some research it seems that it's normal for the renter to pay the fee... She was SUPER helpful, and did a lot of research for us.
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SeoulNate



Joined: 04 Jun 2010
Location: Hyehwa

PostPosted: Fri Feb 21, 2014 12:56 am    Post subject: Reply with quote

Really only need basic Korean to get the job done with most real estate agents. The only time you would need more is when signing a contract, have a friend help.
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Yaya



Joined: 25 Feb 2003
Location: Seoul

PostPosted: Fri Feb 21, 2014 8:57 am    Post subject: Re: Finding an Apartment Question/Advice Reply with quote

clueless in Korea wrote:
Hello Dave's ESLers,

I want to find a new apartment, but I'm hopeless when it comes to doing this on my own for reasons x, y, and z.

I recently came across a service here in Seoul that helps with this process: Your Ultimate Apartment. Has anyone used their services before? Are they helpful? Any feedback would be great.

As always, thanks for your help.

Sincerely,
Clueless


Just get a Korean friend to help you and stuff, but you might be more comfortable going to English-speaking real estate agents.

You might want to have the following in mind:

1) Monthly rent or jeonse, and how much in each case
2) Location (public transit, noise, danger, etc)
3) Length of lease
4) Condition of the property

Good luck.
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SeoulNate



Joined: 04 Jun 2010
Location: Hyehwa

PostPosted: Fri Feb 21, 2014 7:12 pm    Post subject: Reply with quote

pretty much this ^^

It's not like house hunting back home, Korea has 4-5 different types of apartment in the typical teacher/professor salary range and another few types for families.

I've looked at probably 100-200 different apartments over the years and I can tell you that the vast majority of them look similar.

Pretty much you just go with the Budongsan to the apartments, look, if you like, sign, if not, say why and go to the next one.
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Aine1979



Joined: 20 Jan 2013
Location: Incheon

PostPosted: Sun Feb 23, 2014 3:20 am    Post subject: Reply with quote

There are a lot of real estate agents near us, so we just called into their offices. The ones who didn't speak English called a translation service when necessary, and in one instance, brought in the butcher from the shop next door to translate.

When you do go, make sure you know what you want, and what you can afford. We had a note written in Korean which we brought with us explaining how many bedrooms etc we wanted.

Once the real estate agent had that information, she would ask what key money and rent we were prepared to pay, search for properties which matched our requirements, and then show us their locations on a map. We then viewed the ones we were interested in.

It was all very straightforward, and we did the majority without having a Korean speaker with us, with the exception of having a friend check out the lease etc to make sure everything was above board.

We weren't charged any realtor fee, only key money and rent.
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schwa



Joined: 18 Jan 2003
Location: Yap

PostPosted: Sun Feb 23, 2014 3:25 am    Post subject: Reply with quote

I've always been charged a realtor fee which was a fixed & reasonable percentage of the transaction.
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LPKSA



Joined: 24 Feb 2014
Location: Saudi Arabia

PostPosted: Mon Mar 03, 2014 9:50 pm    Post subject: Reply with quote

Where in Korea are you looking?

It's been a while since I was in Korea (2004-2009). I learned that if you really want to find your own apartment, don't rely on agencies to find it for you. You will most likely be ripped off.

Look for it yourself. I went through 70 Budongsans before finally finding an apartment worth renting, in Sangsudong, near Hongdae, right on the Han (best two years of my life). Make sure that the apartment is insured though before renting it. Some real estate agents might be hesitant to rent to a foreigner, but there are also a lot who would gladly rent to you. You just have to hit the ground and look look look. Be prepared to be denied over and over again. Good luck.
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saram_



Joined: 13 May 2008

PostPosted: Wed Mar 05, 2014 3:07 pm    Post subject: Reply with quote

Looking for a Jeonse place in Seoul at the moment is just a disaster..

Apartments are a no go. Minimum 200,000,000 Won..
That's for a small apartment too in a not great neighborhood.

Been looking for a Villa that we can Jeonse for about 150mill (including some bank help) but haven't had any luck yet.
It's all Wolse. Trying to get out of Wolse and into Jeonse but it's really difficult..
The cost of Jeonse has increased hugely over the past couple of years.

Any tips on this.. ? Where are the more affordable Villa type, officetel, 2 room places available in Seoul? Maybe they're aren't that many.
Working in central seoul so do not want to be too far out.
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LPKSA



Joined: 24 Feb 2014
Location: Saudi Arabia

PostPosted: Wed Mar 05, 2014 9:01 pm    Post subject: Reply with quote

saram_ wrote:

Working in central seoul so do not want to be too far out.


Have you looked around Southwestern Seoul/Gwangmyeong/Cheolsandong? Cheolsan is a great little town and they have a lot of villas. It's definitely not on par with Gangnam/Apgu, but it's a nice place and the rent wasn't so expensive when I lived there.
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Yaya



Joined: 25 Feb 2003
Location: Seoul

PostPosted: Fri Mar 07, 2014 1:22 pm    Post subject: Reply with quote

saram_ wrote:
Looking for a Jeonse place in Seoul at the moment is just a disaster..

Apartments are a no go. Minimum 200,000,000 Won..
That's for a small apartment too in a not great neighborhood.

Been looking for a Villa that we can Jeonse for about 150mill (including some bank help) but haven't had any luck yet.
It's all Wolse. Trying to get out of Wolse and into Jeonse but it's really difficult..
The cost of Jeonse has increased hugely over the past couple of years.

Any tips on this.. ? Where are the more affordable Villa type, officetel, 2 room places available in Seoul? Maybe they're aren't that many.
Working in central seoul so do not want to be too far out.


Try Hyehwa-dong. I hear it's relatively cheaper than other parts in Seoul, though you're looking at a villa.

My friend lives in Gwangmyeong and he says it's OK. It's just two bus stops from the Seoul city limits and good for going to either Gangnam or Jongro.
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saram_



Joined: 13 May 2008

PostPosted: Fri Mar 07, 2014 4:19 pm    Post subject: Reply with quote

Thanks for the suggestions
Found a nice enough place finally..
It's more than adequate we believe.
3 rooms- Spacious living room and ticked most of the boxes.

Its in Jungnang Gu in the North East part of Seoul.
About 30-40 mins door to door from there to work which is convenient.
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