The Israeli real estate market has undergone many changes over the years. From a relatively small market dominated by a few companies, it has transformed into a market where a wide variety of companies and developers are responsible for the development and construction of projects throughout the country, whether it’s a real estate company developing residential buildings, commercial properties, offices, and more.
A real estate company employs all the relevant professionals necessary for the development of the building, starting from the stage where it acquires land for construction purposes, or when it competes for construction tenders in various communities, and up to the stage where it markets the properties in the project, whether for sale or rent. The company employs everyone responsible for obtaining the necessary permits for construction, those in charge of the actual building process, and as mentioned, those in charge of marketing the buildings.
What’s the difference between a real estate company and a private contractor?
A real estate company, unlike a private contractor, can handle several projects simultaneously due to its financial capabilities. Additionally, it typically does not take on projects for private individuals, but only with the intention of selling or renting, or for large business entities. Sometimes, the company takes on projects like “Pinui-Binui” (evacuation-reconstruction) or Tama 38 in large buildings, or other projects that allow it to sell properties in large quantities.
When choosing a real estate company, it’s important to pay attention to its reputation, how well it is regarded as a quality, established company, one that can meet its promises and complete the project on time, according to the agreed-upon schedule, budget, and of course, under the terms that were set in advance.
You can use the services of a real estate company to purchase or rent properties within the building. The decision is made according to business or personal needs, as well as the economic capabilities available. The company should be able to provide properties that meet our needs based on the intended long-term use of the building.
If you’re looking for a high-quality real estate company, now is the time to contact us. At BST, we can provide all the relevant conditions for you, whether you’re a business client seeking a property to buy or rent.
