Yangcheon-gu, Seoul, announced on the 2nd that it held a midnight resolution meeting to establish a healthy real estate transaction order with the participation of real estate agencies.
The resolution conference was held as a place where local real estate agencies revealed their will to take the lead in stabilizing housing for residents of the city, creating a transparent real estate market, and establishing a responsible brokerage culture in the midst of frequent social incidents of charter fraud threatening the property of tenants.
Real estate agencies adopted the “Midnight Declaration on Establishing a Real Estate Transaction Order” and pledged to actively create a fair transaction culture.
Since voluntary participation and action by real estate agencies working in the field is of paramount importance in restoring trust in the real estate market, the ward hoped that this resolution would establish a sustainable real estate transaction order by strengthening midnight efforts and ethical awareness.
Lee Ki-jae, Chairman of Yangcheon-gu, said, “We will continue to do our best to resolve concerns about charter fraud and establish policies to protect residents' assets.”
