Tin lease, real estate agents knew… “Charge 3 times the commission”

With the damage from the ‘Suwon lease fraud’ reaching 34메이저놀이터 billion won, real estate agents in the area testified to YTN
reporters that they had known for a long time that most of the real estate owned by the landlord Jeong family were so-called ‘tin houses.’ The police are also investigating whether the real estate agents who did business with Mr. Jeong did so for the purpose of receiving high commissions, even though they knew there was a high risk of not being able to return the deposit. Reporter Hwang Bo Hye-kyung reports. [Reporter] At the center of the ‘Suwon lease fraud’ suspicion, the tenants who rented their houses from the landlord Mr. Jeong and his wife are all angry, saying they were deceived by the real estate agent. “If Mr. Jeong fails, he means Suwon will fail,” he said, emphasizing again that he can be trusted. [Mr. Shin / Victim of ‘Suwon lease scam’: (real estate agent) This person is such a big figure that if he goes bankrupt, more than 80% of real estate in Suwon will close, and this person’s ultimate goal is to become the governor. ] However, there is testimony that Mr. Jeong and his wife have long been people of interest in the Suwon area real estate industry. The Jeong family purchased a large number of buildings four to five years ago, during the real estate boom. However, since most of the properties were so-called ‘tin houses’ where the mortgage and deposit exceeded the actual transaction price, many real estate agents stopped dealing with them. After examining the registers of about 40 buildings owned by the family, we found that Mr. Jeong began purchasing or building buildings in earnest in the Suwon and Hwaseong areas of Gyeonggi Province in 2017. It was confirmed that bank seizure procedures were in progress in nearly half of these. [Mr. A / Licensed Real Estate Agent, Suwon-si, Gyeonggi-do: I haven’t done a single thing for him. When he took a copy of the register, he saw that the maximum amount of the bond was extremely high… . Everyone who knows already knows. Even seven years ago, that person only went around buying ‘tin leases.’] Nevertheless, it is pointed out that the reason brokers did business with Mr. Jeong was ultimately because of ‘money.’ Another real estate agent in Suwon claims, “Knowing that Mr. Jeong was taking risks, he charged the brokerage fee higher.” He explained, “The brokerage fee for a house with a deposit of 150 million won is 450,000 won, but I know that Mr. Jeong charged from 1 million to 1.5 million won.” Then, as interest rates rose and loan regulations were strengthened last year, it became impossible to return the deposit. However, the number of people who filed a police complaint against Mr. and Mrs. Jeong had already reached 220, and the damage amounted to 34 billion won. The police plan to check whether the 15 real estate officials booked received brokerage commissions higher than the maximum rate and expand the investigation to other real estate agents. This is Hwang Bo Hye-kyung of YTN .