earticle

영어

Real Estate market is very complicated and intrigued for its size and procedures. For an average people experience only a few times for their life times because of size of amount of the transactions. And for its rareness, mostly people does not familiar with its procedures and rules and regulations, which are rather complicated than average contract. Involuntarily loss and disadvantage are common for a average for their ignorance. Trust, clearness, and safety are key factors for real estate transactional market. Which is very important for national economy for its size and closeness of common people. The efficiency and effectiveness can be improved and achieved through trust, clearness, and safety. Korean real estate market is facing globalization and requiring enhancement of efficiency of its market domestically. Especially, due to the FTA (Free Trade Agreement) with US. The service market, including real estate transactional market, has to be open and compete with an international real estate agency corporation. The main purpose of this paper is to contribute and showing some guidelines for Korean real estate transactional market, which has to be adjusted and adopted with global standards which represent US. real estate transactional laws and rules and regulations, and customs.