*** A week ago I found a deal below the market price, I didn't sign a memo of things because I'm not allowed …
*** A week ago I found a deal below market price,
I didn't sign things in memory because I was not allowed to
We ran for a contract and the seller's attorney
Took the deal !!!!!!!!!!!!!!!
an important question.
There is a profession called a mediator
And there is one who works harder on a business that calls itself an investor, what is the payment from an investor and whether he can help with legal material?
Memory Stuff Contract? Suggestions?
The broker is not allowed and that even negates the receipt of his money.
I would love to help which documents do you use?
Memory of Things = You've dealt with everything
Perform only with a real estate attorney
1. It was difficult to understand your question if not read all your responses and the answer of all the educated respondents who answered you…
2. Like you, as a broker, I like to make transactions with high and fast productivity than to buy something that may in a long time and that may require additional investment I will be able to make a lot of money, but in All Over, I will get a total twice as much as I know to do You wrote) the transactions are fast and immediate.
3. In the case you described, you are trying to make a combination between your occupation as a broker and your desire to seize the high-quality transaction under the conditions of an investor, but not just any investor - but an investor who operates in the US.
What do I mean?
In the US, you can do as you described in one of your comments, where you find a "bargain" and make a kind of consent contract for a purchase that within X days, you will purchase the property or anyone else who "gets in your shoes".
In the US, this is possible by law
And that's why a lot of Israelis do this trick over there (that's one of the guiding principles of Robert Shamin's method)
In Israel it is forbidden to do this, or rather... it is impossible to do this (and the evidence is that they really stole your bargain), because from the moment you sign any document of the purchase of a property in real estate (including a memorandum), you are required by law to report it to the tax authorities immediately at the end of the transaction.
So this is not profitable and it is impossible to put someone in my shoes
3. In the situation you described, I would recommend that you simply prepare in advance with at least 5 investors sitting on the fence and waiting for a phone call from you, and that there will also be a contest who buys for sure, and only after you find the relevant buyer, make a quick contract, It is advisable to perform with an attorney that you believe in and it is very fast and high quality) so it can prevent the hijacking of the deal
Well ..?
And what happens if the seller's attorney offers him, say, an additional tens of thousands of shekels in order for him to take the deal?
How can this be avoided?
two things:
1. Compare the price offered by the attorney by the investor - it will still be profitable because the attorney is not a sucker either… and he will offer a little more but still very low than the market price, because he too is looking for an opportunity to bargain
2. Threaten the seller of the house that he is negotiating in bad faith (with the lawyer who buys from him), and did not inform him of the negotiation he is carrying out with his lawyer, and tell him that it will end up in court and he will lose and also pay a fine (etc. To tell the seller's attorney who wants to purchase and "steal" the deal)
What I wrote in section 2 is backed by law
good luck to you
Nati Sheinfeld
The broker is not allowed to do things reminiscent of clients, it is allowed to do reminiscences of things themselves
Can the seller's lawyer take the deal?
When signing a client who comes to buy an apartment, there is such a clause that the client undertakes not to give any information to the broker that he will receive regarding the properties below.
You have mixed a lot of things here, you must not interfere in the memory of things if you are the broker in the transaction אם.
Adi Krinitz
After all, getting into my place is completely legal
Second age I'll explain myself.
For example, I now found an apartment in Kiryat Hayip on 470000
Instead of 750000
I made an irrevocable offer for 14 day
The seller accepted my offer
I wrote in the suggestion that Sheeran Kozel or whoever on her behalf
Now I want to bring in an investor
How he came into my place for an offer
In addition, you are always advised to take a lawyer and not trust anyone in this context
A broker takes on average 2% of the deal plus VAT
With a lender it is different. They take commissions ranging from NIS 15,000 to NIS 50,000. I also heard about NIS 100,000. Of course, it depends on the area and the value of the transaction
Only a lawyer is allowed