Ziptoss charges its service fee when the customer makes a lease agreement with Ziptoss.
(All consultations and property tours before the lease agreement are free.)
The service fee varies depending on the type of property. Here is how Ziptoss calculates it for each type:
1. Residential purpose housing (VAT 10% excluded)
- Service fee = Transaction amount × Rate, up to the maximum charge where one applies
- Transaction amount = Deposit + (Monthly rent × 100)
- If that total comes to less than 50,000,000 won, the law uses Deposit + (Monthly rent × 70) instead
Example 1: a deposit of 1,000,000 won and rent of 600,000 won.
Transaction amount = 1,000,000 + (600,000 × 100) = 61,000,000 won
Service fee = 61,000,000 × 0.4% = 244,000 won (VAT excluded)
Example 2: a deposit of 5,000,000 won and rent of 400,000 won.
Deposit + (rent × 100) comes to 45,000,000 won, which is under 50,000,000, so the × 70 rule applies.
Transaction amount = 5,000,000 + (400,000 × 70) = 33,000,000 won
Service fee = 33,000,000 × 0.5% = 165,000 won (VAT excluded)
| Transaction amount (KRW) | Rate | Maximum charge |
| Under 50,000,000 | 0.5% | 200,000 |
| 50M to under 100M | 0.4% | 300,000 |
| 100M to under 600M | 0.3% | – |
| 600M to under 1.2B | 0.4% | – |
| 1.2B to under 1.5B | 0.5% | – |
| 1.5B and above | 0.6% | – |
2. Residential purpose officetel
- Service fee = Transaction amount × up to 0.4%, for officetels of 85 m² or less with their own kitchen and bathroom
3. Non-residential purpose property
- Service fee = Transaction amount × up to 0.9%, agreed between the client and the agent
Ziptoss charges the rate shown for each bracket, which is the legal maximum. The figures follow the national caps in the Enforcement Rules of the Licensed Real Estate Agents Act (Article 20, Annexes 1 and 2), and your agent will confirm the exact amount before you sign.
If you are looking for an apartment in South Korea, Ziptoss is a great option to consider. We have a wide range of properties available in different areas and price ranges. We also have professional agents who can help you find your ideal home and guide you through the whole process smoothly and efficiently. With Ziptoss, you can enjoy a hassle-free and pleasant real estate experience in South Korea.