‘Real estate transactions without intermediaries’ budgeted to “test” the government

Real estate brokers were angry at the government’s announcement that they would develop technology to buy and sell real estate without a real estate broker. Government officials clarified that they are only studying whether the technology is feasible, but not actually introducing it, but the reaction is unlikely to diminish.

Next year’s budget press release announced by the Ministry of Strategy and Finance on the 1st. It allocated 13.3 billion won to demonstrating a real estate transaction system without a real estate agent. Ministry of Strategy and Finance

The start of the incident is the government’s next year’s budget data announced on the 1st. According to the press release distributed by the Ministry of Strategy and Finance, the government will invest a total budget of 13.3 billion won next year. to ‘demonstrate the use of blockchain in 19 areas, including broker-less real estate transactions’ while promoting the establishment of smart government (AI). However, there was no explanation on how to transact real estate without a broker.

According to the wording of the press release, it is a major threat to the right to live of a real estate agent. In a press release, the Korea Certified Brokers Association said: “We will defend the right to live of real estate brokers through systematic actions such as protests, with the meaning of opposing the establishment of a real estate transaction system. without runners.

On the 21st, a criticism of President Moon Jae-in’s Jeon Sang-seo was posted on the website of the Blue House National Petition, saying: ‘The Korean version of the New Deal policy will create a real estate transaction system without an intermediary.

In this post, which is estimated to be written by a reputable broker, “If you even get a brokerage assistant, the number of brokerage workers will reach around 1 million. Please announce a plan to create custom jobs for one million families. of runners who will be unemployed in the morning. ” He criticized the government. At 6 pm on the 23rd, 68,852 people agreed with the request.

The Ministry of Information, which prepared the press release, explained that it is not that it would introduce a real estate transaction system without an intermediary. An official from the Ministry of Technology said: “This project is a demonstration project to test what kind of business is possible with blockchain technology.”

Not only is it unclear whether real estate transactions without intermediaries are possible with the blockchain, and even if such a technology is created, many procedures remain for introduction. An official from the Ministry of Science and Technology also said: “The project may change during the actual public offering project next year.” It is explained that the project has not yet been confirmed.

Even with this description of the description, the controversy does not seem to be easily resolved. This is because there are complex complaints about the government’s real estate policy, as well as the real estate system without brokers, which are repelled by real estate agents.

Land, Infrastructure and Transport Minister Kim Hyun-mi attends a general meeting of the Land, Infrastructure and Transport Committee held at the National Assembly on the morning of the 23rd to review the data. Central photo

In particular, with the recent rise in house prices, mainly in Seoul, the volume of transactions decreased and, due to the revised housing rental protection law, the number of sales in the monthly rental market and jeon it also decreased. On the 25th of last month, the Minister of Lands, Infrastructure and Transportation, Kim Hyun-mi, responded to the issue of the reorganization of brokerage fees in the National Assembly, stimulating the brokerage agency.

“We are taking damage even though we have not raised the price of the house, but we are resisting because suddenly we are saying that we will create a system that does not require a broker.” said.

Sejong = Reporter Kim Namjun [email protected]