“Madam, I just left the house.” Now I’m fined

3 min readDec 7, 2020

When looking for a

house, first look through the Internet and then go to a brokerage office. The house has already been traded or the product advertised is different from the actual product. As the law was revised in August, it was possible to impose a fine for such false or exaggerated advertisements in real estate, and this is the first time such cases have emerged.

This is reporter Je Hee-won.

Mr. A, who lives in Busan, contacted a brokerage after seeing an apartment for sale worth 500 million won registered on the portal.

But the brokerage recommended another sale, saying that it rose to 600 million won.

[Mr. A/Real Estate Damage: If you call Naver saying that it is 500 million won, the real estate agent says,’Oh, the goods are all gone, and there is a sale at 55,000,500 million

. Rather than apologizing, it was a generalized practice, and instead put a pinzan on Mr.

[Mr. A: (Authorized

brokerage ) said,’If you do that (advertising the price as it is), your house won’t go out’.] Mr. B, who lives in Daegu, also looked for a sale on a mobile app and looked for a brokerage, and then walked in vain.

[Mr. B/Real estate damage: Why is it different from what I saw in the picture? (I asked the realtor, so I wrote it down because the room may be different). Why didn’t you see the terms and conditions.]

There was no proper sanction method for such false or exaggerated real estate advertisements, but the amendment of the Real Estate Brokerage Act could result in a fine from August 21st .

In the two months after the revision of the law, more than 24,000 reports were filed with false or exaggerated advertisements and advertisements for unqualified persons.

The land portion 8000 with the issue of 800 open cases are discontinued or corrective action ads, and severe violations, 402 cases up to 500 decided to impose a fine of ten thousand won.

The Ministry of Land, Infrastructure and Transport explained that under the new statute, apartments must display the number of floors suspended rather than’lower’ or’higher’, and that transaction prices must be advertised as a single price rather than a range.

(Video editing: Min-gyu Jeon , VJ : Hyun-woo Park, CG : Hyun- joong Seo)

Reporter Je Hee-won ( jessy @ sbs.co.kr )

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“Madam, I just left the house.” Now I’m fined

Written by Nguyennamvodang