Expat Community > Israel

Reni59
Joined 2017
Posts: 1

Real Estate Agents and Affordable Properties in the North

7 years ago

Just a quick message to folks looking to move to Israel. As in life, there are pros and cons to everything ...

The question continually comes up about whether or not to use a Real Estate Agent. Honestly, if you don't know the language and don't understand the Israeli mentality - you can end up with any number of issues which can cost you more in order to resolve through an attorney. Find a reputable agent with a solid history who will know the area, the properties and the people ... get a referral from a friend!

To rent an apartment, an agent will typically ask for the equivalent of (1) months rent. If it is a reputable agent, they will be available for any issues during the lease term.

To purchase a property, an agent will typically ask for 2% + VAT of the property selling price. A minimal amount compare to other countries, and if it is a reputable agent - again they will work in your best interests.

If you choose to work independently on one of the online DIY-Property for Rent/Sale boards ... best of luck!

I can't tell you how many New Olim I've sent to my private attorney to fix such issues as - paying arnona for the whole building, refusal of owner to pay for any repairs of covered over existing damage, and more .. Contracts are in Hebrew, and you can run into problems you can't even imagine.

In addition, it is legal in Israel to use the same attorney as the landlord / seller .... I can give you a laundry list of issues we've helped resolve.

Don't be penny wise and dollar foolish, you really do get what you pay for ... or don't pay for!

SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

Living in Israel Guide

Guide to Living in Israel covering expat life, local culture, finding a home, diversity and more.

Israel Forum
Join our Israel forum to meet other expats and talk about living in Israel.

Contribute
Help other expats and newcomers by answering questions about the challenges and adventures of living in Israel.

Best Places to Live in Israel

If you're dreaming about living in Israel, here are the 15 Best Places to Live in Israel in 2023.

57 Expats Talk about Healthcare & Health Insurance in Israel

Expats living in Israel talk about their own experiences with healthcare, hospital visits, emergencies, finding a doctor, buying health insurance in Israel and more.

Cost of Living in Israel

Expats offer insight into the cost of living in Israel.

Moving to Israel Guide

Our guide to moving to Israel with lots of advice from expats on the ground.

Real Estate in Israel

Real estate listings in popular cities and towns in Israel.

Pros & Cons of Living in Israel

Take off your rose-colored glasses and learn what expats have to say about the biggest challenges and the greatest rewards of living in Israel.

Retiring in Israel

Advice for people retiring in Israel.

Additional Information:

Visit our Israel Index for a Full List

SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

Contribute
Help others in Israel by answering questions about the challenges and adventures of living in Israel.

Login

Or, Send Login Link

Expat Community > Israel

Real Estate Agents and Affordable Properties in the North

Login