The Korea Association of Realtors has proposed the introduction of a ‘basic viewing fee’ to combat the increasing number of ‘lookie-loos’ who view properties without intent to buy. The fee would be deducted from the brokerage fee if a contract is signed. However, critics argue that this could increase the burden on genuine buyers and lead to more direct transactions between buyers and sellers, bypassing real estate agents.
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Auto-posted at: 2025-05-05 09:00:40