COMPANY

Corporate History

2010’s

Present Operating 14 head and branch offices across the nation, the First Appraisal & Consulting Company is a comprehensive real estate services provider comprise of approximately 450 professionals including the publicly certified appraisers, attorneys at law, master’s and PhD’s across multiple areas, among others.
2023. 07 Acquired AA- for 6 years consecutively for corporate credit rating
2016. 12 Achieved KRW 60 billion of revenue in sales for the first time in the appraisal industry
2016. 09 Newly launched a legal team with in-house counsels as the first in the industry
2014. 05 Executed business agreements with “CKS Property Consultants” of Singapore and executed business reagreements with “Daiwa Real Estate Appraisal” of Japan
2013. 03 Won the Ministry of Planning and Finance Award for being an exemplary tax paying company
2012. 12 Won the Yangpyeong County Governor’s Award
2012. 05 Executed an industry academic cooperation agreement with Yonsei University
2011. 11 Arranged a sibling relationship with the village of Seokjang 2-ri of Yangpyeong
2011. 08 Executed business agreements with “AVESTAR,” a real estate firm, of Uzbekistan
Executed business agreements with “ABSOLUTE,” a real estate firm, of Kahzakstan
2011. 04 Registered as a real estate advisory firm
2010. 04 Incorporated the Jeonbuk Branch Office

2000’s

2008. 12 Won the Minister of Land, Transport and Maritime Affairs Award
2008. 03 Won the National Tax Services’ Banpo Tax office Award as an exemplary tax paying company
2007. 12 Achieved KRW 50 billion of revenue in sales for the first time in the appraisal industry
2007. 08 Executed business agreements with “SAERYEONJISAN,” a comprehensive real estate company, of China
Executed business agreements with “Daiwa Real Estate Appraisal” of Japan
2007. 06 Selected as an excellent appraiser by the Ministry of Construction and Transportation
2006. 08 Incorporated the South Gyeonggi Branch Office
2006. 04 Incorporated the North Branch Office
2005. 08 Incorporated Gwangju Jeonnam Branch Office
2003. 07 Incorporated Busan Branch Office
2002. 06 Transitioned into a stock company
2000. 12 Incorporated Gangwon Branch Office

1990’s

1999. 04 Incorporated Daegu Gyeongbuk Branch Office
1999. 03 Incorporated Jeju Branch Office
1998. 08 Incorporated Chungbuk Branch Office
1997. 08 Incorporated Gyeonggi Branch Office
1997. 05 Incorporated Gyeongnam Branch Office
1992. 01 Incorporated Chungnam Branch Office
1991. 07 Incorporated Gyeonggi Incheon Branch Office
1991. 07 Incorporated The First Appraisal & Consulting Company after merger
Launched The First Real Estate Consulting

1980’s

1989. 07 Renamed to The First Appraisal Office

1970’s

1973. 05 Incorporated The First Land Appraisal Joint Office as the 1st of its kind in the Republic of Korea