I did a direct transaction to save money...Carrot Market Real Estate Transactions Watch Out for 'Eating and Running'

ⓒYonhap News Agency

Recently, there have been a series of cases of damage in real estate transactions between individuals through direct transaction platforms such as Carrot Market.

Yoon Jong-gun, a member of the National Assembly's Land, Infrastructure and Transport Committee, analyzed carrot market data today (24th) and found that police and other investigative agencies asked carrot market for cooperation in investigations until last month. The amount of damage amounted to 1,576.75 billion won.

A typical example of damage is the so-called "eat and run" method, in which the intermediate payment is deposited and then disappeared.

To prevent this, Carrot Market provides a "landlord authentication function" to check whether the post writer matches the owner on the register, but only 23% of all 50,000 real estate items were certified as landlords.

In particular, there is no obstacle for someone other than the owner to write false information and raise the sale, which is feared to cause damage to false sales and bait products.

It is also not easy to check whether the posted sale is a false sale. This is because real estate transactions between individuals cannot be monitored because they are not subject to the Certified Brokerage Act.

Lawmaker Yoon said, "Real estate transactions between individuals are in the blind spot of regulation, so caution is needed," adding, "The number of transactions to save brokerage fees is increasing, but the vicious cycle of exposure to fraud is repeated, so it is urgent to prepare a system."

Reporter Park Sun-young of Digital News Team