Gyeonggi Province to Launch Full Investigation into Fraudulent Real Estate Listings and Transaction Reports from March 2

[Suwon Ilbo=Reporter Park No-hun] Gyeonggi Province will operate the '2021 First Half Gyeonggi Province Real Estate Transaction Order Assistant Program' starting March 2 to establish a fair and transparent real estate transaction order.

The 'Gyeonggi Province Real Estate Transaction Order Assistant' program employs temporary workers who support city and county civil servants. They perform supplementary duties in responding to illegal real estate transactions, including prevention and guidance against fraudulent real estate listings and price-fixing, investigation of real estate transaction reports, and investigation of planned real estate schemes.

Prior to the program launch, the province conducted a needs survey across 31 cities and counties in the province last year and selected 11 cities and counties (Suwon, Hwaseong, Ansan, Siheung, Gwangju, Yangpyeong, Yeoju, Gwacheon, Goyang, Guri, and Pocheon) as project target areas, securing 525 million won in budget for 2021. For the first half of this year (March-June), 153 people applied, and 23 were hired, including 7 graduates from real estate-related programs.

Hong Ji-seon, director of the Urban Housing Division, said, "We will work closely with the relevant cities and counties to ensure that Gyeonggi Province's Real Estate Transaction Order Assistant program achieves good results," adding "We will review expanding the program by increasing the number of supported cities and counties to establish a fair and transparent real estate transaction order and contribute to job creation."

Meanwhile, the province employed 40 Real Estate Transaction Order Assistants last year and conducted surveys on 20,022 real estate transaction reports, prevention and guidance for 3,302 fraudulent real estate listings, special investigation of 2,885 suspicious false transaction reporters, and investigation of 593 planned real estate schemes.