real estate
Frequently Asked Questions
Do I really need a REal estate agent?
While it’s possible to navigate the real estate process on your own, it’s not always easy, or risk-free.
A professional real estate agent understands the laws, regulations, and market dynamic inside out. We study them, stay updated, and know how to spot issues before they become costly mistakes. From reviewing legal documents, to negotiating fair terms, from filtering the right properties to handling sensitive conversations, we do all this with confidence, care, and your best interest in mind.
Instead of navigating it alone, you can partner with someone who has already walked this path many times before, and who is here to walk it with you.
What does a real estate agent do?
A real estate agent is your guide, advocate, and problem solver throughout the entire journey. The agent listens carefully to your needs, searches and filters properties, coordinates viewings, obtains all important ownership and legal documents, and negotiates on your behalf.
What is an exclusive agreement
An exclusive agreement grants a single real estate agent the sole right to market and sell your property for a specified period. Under Israeli law, the exclusivity period for apartments is limited to six months, while for other properties, it can extend up to one year.
This arrangement ensures that your property receives focused attention and dedicated marketing efforts. The agent is obligated to actively promote your property, provide regular updates, and adhere to agreed-upon marketing strategies.
It is important to note that you retain the right to cancel the agrement if the agent fails to perform as stipulated, such as not advertising your property within the first two months. However, if the agent fulfills the obligations, the agreement remains valid for the full term and can be renewed by mutual consent.
If I find a buyer, seller, or tenant myself during the exclusivity period, do I still have to pay the agent?
Yes. According to Israeli real estate regulations, if the agent fulfills their contractual obligations, actively marketing your property and providing professional service, they are entitled to their commission even if you personally bring the buyer, seller or tenant.
This is because the agent’s advertising and efforts create the opportunity that leads to the transaction. The law protects the agent’s right to commission for any deal that closes during the exclusivity period, regardless of who makes the introduction.
This ensures fairness by compensating the agents for their work and investment, while you benefit from their expertise and network.
Will signing an exclusive agreement mean the agent makes decisions for me?
No. The agent’s role is to connect you with potential buyers, seller, or tenants and provide you with information and professional guidance.
You remain in full control of every decision. The agent cannot make any choices on your behalf. You decide what offers to accept and how to proceed.
An exclusive agreement simply means you have a dedicated partner working hard to help you achieve your goals, while you stay in charge.
IF the other party has their own agent, how is the commission handled?
Each agent usually receives their commission from their own client. So whether it’s the buyer or seller who has an agent, each pays their own representative.
This keeps the process straightforward and fair, encouraging cooperation between agents to help the deal go smoothly
Why can't I work with multiple agents without an exclusive agreement?
Working with multiple agents might seem like a good way to increase your chance, but it often leads to confusion, mixed messages, and missed opportunities.
Without exclusivity, agents may be less motivated to invest their time and resources marketing your property or helping you find the right home, because there’s no guarantee they’ll earn a commission.
Additionally, it can create trouble deciding who actually brought the client, leading to disputes and delays.
An exclusive agreement creates trust and commitment on both sides, so you get focused service and better results, instead of juggling multiple agents who might not fully prioritize your needs.
Will it cost me more to work with an agent?
Actually working with an agent can save you money and protect your interests.
When someone reaches out to you, it’s tricky to find the right balance. You don’t want to seem too eager, but you also don’t want to appear uninterested. Sometimes, if they don’t follow up, you might hesitate to get back to them, worried it could come accross as desperation.
A skilled agent takes on those conversations confidently and professionally, striking the perfect tone every time. They uncover the true intentions behind each inquiry, clear up misunderstandings, and negotiate strategically to secure the best possible deal for you.
With an agent by your side, you avoid costly mistakes and missed opportunities, often ending up ahead financially.
There are many agents in the market, each with their own clients. How can I make sure I get the best?
With an exclusive agreement you unlock the power of cooperation among all agents.
Your agent can confidently reach out to other agents, sharing details about your property and the exclusive agreement. If another agent has a suitable client, they both benefit.
The teamwork expands your property’s exposure and increases your chances of a successful, smooth transaction.
In every case, exclusivity puts you in the winning position
How much do i have to pay, and when is the payment due?
For rental agreements, the typical commission is one month’s rent.
For sales or purchases, the standard commission is around 2% of the contractual sale price.
The agent is entitled to payment as soon as a binding contract is signed. Even if the contract is later revoked for any reason, the agent retains the right to their commission, provided the transaction occurs during the exclusivity agreement period, or if there isn’t one, provided they were the effective factor in bringing about the agreement,
However, if the contract is revoked due to the agent’s lack of transparency, misrepresentation, or fraudulent behaviour, the agent may lose the right to their commission under the Israeli Law.
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