These Terms of Use for Real Estate Sellers (the “Sellers’ Terms”) govern your access to and use of the REOS marketplace and related services as a Seller. REOS operates an online platform that connects US-based buyers with Israeli properties and real estate-related professional services, and facilitates discovery, messaging, document sharing, and optional e-sign tools used by counterparties. REOS is a neutral platform provider and is not a party to contracts between Buyers and Sellers, does not broker, appraise, lend, escrow, or provide legal services, and does not intermediate or transmit funds. If you are entering these Sellers’ Terms on behalf of a company or brokerage, you represent you are authorized to bind that entity. By clicking to accept, creating an account, or using Seller features, you agree to be bound by these Sellers’ Terms.
1. Definitions
- Buyer means any person or entity that seeks to purchase Israeli real estate or real estate-related services via the Platform.
- Data Protection Laws — Israeli Protection of Privacy Law and Data Security Regulations, US state consumer privacy laws, and where applicable the EU/UK GDPR.
- Listing means any real estate property listing or related profile, page, description, photo, media, attachment, or other property-related content that a Seller submits to the Platform.
- Platform, Real Estate Purchase Contracts, REOS Materials, Seller, Services, Service Contracts, Supplier, and Third-Party Processors have the meanings given in the Buyer Terms of Use.
2. Relationship; Platform Role; No Regulated Services by REOS
Marketplace Intermediary. REOS provides an online marketplace and collaboration tools to enable discovery, messaging, and contracting between Buyers, Sellers, and Suppliers; REOS does not supervise or control Sellers, is not a party to Real Estate Purchase Agreements or Service Contracts, and does not guarantee outcomes of any service or transaction.
No Regulated Services by REOS. REOS is not a law firm, real estate broker, appraiser, mortgage lender, escrow agent, insurer, or fiduciary; nothing on the Platform constitutes legal, brokerage, appraisal, lending, escrow, insurance, or tax advice.
No Money Transmission by REOS; Offsite Payments. Payments between Buyers and Sellers, or between Buyers and Suppliers, occur off-Platform via Third-Party Processors; REOS does not receive, hold, or transmit funds and is not responsible for chargebacks, reversals, settlement failures, or payment disputes.
3. Registration; Licensing; Audit; De-Listing
Registration and Accuracy. To access Seller features, you must register and provide accurate, current, and complete information, maintain account security, and promptly update changes. You are responsible for activity under your account.
Licensing and Compliance (Israel). Where required by law, Sellers must hold and maintain valid licenses under the Israeli Real Estate Brokers Law and any other applicable regulations, including advertising and ethics rules. You represent, warrant, and covenant that you hold and will maintain all licenses, registrations, permits, and approvals necessary to list and sell properties and to advertise, solicit, and conduct related activities via the Platform.
Proof; Renewal; Insurance. Upon request, you will promptly provide proof of valid licensure, registration, and (where applicable) professional liability or other insurance and will update such proof upon renewal or material change.
Audit; Monitoring; De-Listing.REOS may reasonably audit your compliance, including verification of licenses and identity, and may suspend, limit, or de-list a Listing or account for violations of these Sellers’ Terms, quality or safety concerns, credible complaints, or regulatory risk, with or without prior notice where immediate action is reasonably necessary.
4. Listings; Marketing and Advertising Standards
Listing Standards. You are solely responsible for the accuracy, completeness, and lawful presentation of your Listings, including property details, photos, disclosures, status, price, fees, taxes, and other material terms. You must promptly update Listings to reflect changes (including availability, price, and known defects, hazards, or encumbrances).
Advertising Rules and Ethics. You must comply with all applicable advertising and ethics rules, including prohibitions on false, misleading, or deceptive content; unlawful preferences or discrimination; and unsubstantiated claims about property features, condition, or investment performance.
Content Restrictions. Listings and Seller content must not infringe or violate third-party rights, including intellectual property, privacy, or publicity rights, and must not include unlawful, harassing, defamatory, obscene, or otherwise prohibited content.
Non-Endorsement.REOS does not review, verify, endorse, or warrant Listings or Seller content; any reference or placement on the Platform does not constitute REOS’s endorsement.
5. Platform Use; Communications; Monitoring and Recording Consent
Communications and Repository.The Platform offers messaging, file sharing, and collaboration. You acknowledge and agree that REOS may monitor and retain Platform-based communications and repository content for trust and safety, support, compliance, and service improvement, subject to applicable law and REOS’s privacy disclosures.
Consent to Monitoring and Recording. Where chat, voice, or video interactions occur via the Platform, REOS may display consent prompts and indicators. By using these features, you consent (and will ensure your personnel consent) to such monitoring and, where indicated, recording, to the extent permitted by law.
E-Signatures and Electronic Records. The Platform may offer optional e-signature functionality via Third-Party Processors; by proceeding in signature flows, you agree to transact electronically and to receive, access, and retain electronic records consistent with applicable US and Israeli electronic signature laws.
Document Retention. You are responsible for downloading and retaining copies of electronically signed documents for your records; REOS does not guarantee indefinite storage of any document or communication in your repository.
6. Service Contracts; Payments; Refunds; Taxes
Direct Contracting. You and Buyers contract directly for sale and purchase of real estate properties; REOS is not a party to Real Estate Purchase Contracts.
Payment Processing. Payment processing occurs directly between you and counterparties through Third-Party Processors linked from the Platform and is subject to processor terms and privacy policies.
Refunds, Chargebacks, and Reversals. You are responsible for your refund, credit, chargeback, and reversal obligations under your Real Estate Purchase Agreements and processor rules. REOS has no obligation to reimburse any party for failed payments or to resolve payment disputes.
Taxes. You are solely responsible for any taxes, VAT, withholding, and filings arising from your transactions and must comply with all tax disclosure and remittance obligations.
7. Acceptable Use; IP; Content License; Takedown; Non-Circumvention
Acceptable Use. You will not misuse the Platform, including by scraping, reverse engineering, introducing malware, spamming, violating intellectual-property or privacy rights, posting deceptive or unlawful content, or attempting unauthorized access.
License to Host and Display. You grant REOS a nonexclusive, worldwide, royalty-free license to host, reproduce, display, perform, and transmit Listings and Seller content solely to operate, improve, and promote the marketplace and related services. REOS may transcode, reformat, or adapt Listings for technical display.
No Endorsement; Brand Features. REOS may identify you on the Platform using your name, logo, and brand features solely to display Listings and Seller profile pages. Any broader promotional use of your brand will comply with your then-current brand guidelines and include a no-endorsement statement.
IP Complaints; Takedown. REOS may remove Listings or Seller content alleged to infringe or violate rights and may suspend repeat infringers. You will cooperate promptly in any takedown or rights-resolution process.
Non-Circumvention. If a Buyer first identifies or interacts with you via the Platform, you agree to communicate and transact for related property marketing, sale, or ancillary services through the Platform or REOS-authorized channels for twelve (12) months from first contact, unless REOS approves an off-Platform conversion subject to a conversion fee or a documented prior relationship applies.
8. Privacy; Data Roles; Transfers; Cookies
Privacy and Cookies.Your use of the Platform is subject to REOS’s Privacy Policy and Cookie Policy, which are incorporated by reference.
Roles. REOS acts as an independent controller of personal data for account, Platform operation, safety and security, analytics, and marketing; REOS may act as a processor to you to the extent you instruct REOS to process personal data for your activities through Platform tools. You act as an independent controller of personal data you collect and process for your Listings and transactions.
DPA; Controller–Controller Addendum. Where REOS processes personal data on your documented instructions, you agree to the terms of the Data Processing Agreement (including subprocessor disclosures and cross-border transfer mechanisms). Where REOS and you independently determine purposes and means for certain shared datasets (e.g., identity verification, trust and safety), you agree to a Controller–Controller Addendum.
Cross-Border Transfers. Personal data may be processed in Israel, the United States, and other jurisdictions. REOS uses appropriate transfer mechanisms such as standard contractual clauses.
Communications Data.Platform messages and communications metadata may be retained for support, trust and safety, and service improvement consistent with REOS’s privacy disclosures.
Cookies; Targeted Advertising; Choices. REOS uses cookies and similar technologies for essential operations and, where applicable, analytics and targeted advertising. REOS will provide disclosures and controls, including opt-out mechanisms and recognition of applicable user signals.
9. Warranties and Disclaimers
Seller Warranties.You represent and warrant that: (a) all Listings and Seller content are accurate, not misleading, and comply with applicable law and these Sellers’ Terms; (b) you hold and will maintain required licenses, registrations, and approvals; (c) you will provide or facilitate all required disclosures; (d) you own or have rights to your content and its use as permitted here will not infringe or violate third-party rights; and (e) you will perform your obligations in compliance with law and professional standards.
Platform Disclaimers.THE PLATFORM AND REOS MATERIALS ARE PROVIDED “AS IS” AND “AS AVAILABLE,” WITHOUT WARRANTIES OF ANY KIND. TO THE MAXIMUM EXTENT PERMITTED BY LAW, REOS DISCLAIMS ALL WARRANTIES, EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE.
10. Indemnification
Seller Indemnity.You will defend, indemnify, and hold harmless REOS and its affiliates from and against any and all third-party claims, losses, liabilities, damages, costs, and expenses (including reasonable attorneys’ fees) arising out of or relating to: (a) your Listings, content, or conduct; (b) your breach of these Sellers’ Terms or applicable law; (c) professional errors, omissions, or misrepresentations; (d) your processing of personal data contrary to these Sellers’ Terms, the DPA, or applicable law; or (e) infringement or violation of rights by your content or activities.
11. Limitation of Liability
Exclusion of Certain Damages. TO THE MAXIMUM EXTENT PERMITTED BY LAW, NEITHER PARTY WILL BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY DAMAGES, OR ANY LOSS OF PROFITS, GOODWILL, DATA, OR BUSINESS INTERRUPTION.
Aggregate Cap.TO THE MAXIMUM EXTENT PERMITTED BY LAW, REOS’S AGGREGATE LIABILITY ARISING OUT OF OR RELATED TO THESE SELLERS’ TERMS IS LIMITED TO US $1,000. THIS LIMITATION IS AN ESSENTIAL BASIS OF THE BARGAIN.
12. AI and Experimental Features
AI-Assisted Tools. The Platform may include AI-assisted features that provide suggestions or informational outputs. Such features may produce incomplete or inaccurate outputs and are not a substitute for licensed professional judgment.
Licensed Judgment; Human Review. You must not rely on AI outputs for regulated determinations. You will apply human review to Listings and any communications or materials influenced by AI features and remain solely responsible for your content and activities.
Beta/POC.Certain Platform features may be offered as beta, preview, or proof-of-concept; such features are provided “AS-IS,” may be modified or withdrawn at any time.
13. Suspension; Termination
Suspension; De-Listing.REOS may suspend or restrict access or de-list content or accounts for violations of these Sellers’ Terms, safety or quality concerns, credible complaints, or regulatory risk.
Termination. Either party may terminate upon notice. Termination does not affect existing Purchase Agreements between you and Buyers or obligations that by their nature survive.
Survival. Provisions that by their nature should survive termination do so, including acceptable use, non-circumvention, privacy, content license as to existing copies, disclaimers, indemnity, liability limitations, and governing law and disputes.
14. Governing Law; Jurisdiction; Venue; CISG
US Sell and General Claims.Except as provided in 14.2, these Sellers’ Terms are governed by the laws of the State of Delaware, without regard to conflict-of-law rules, and the state and federal courts located in Wilmington, Delaware have exclusive jurisdiction and venue for disputes.
Israel-Focused Claims. As to disputes brought by or against an Israel-based Seller solely concerning property disputes, the laws of the State of Israel will apply and the competent courts in Tel Aviv–Jaffa will have exclusive jurisdiction.
Injunctive Relief. Either party may seek injunctive or equitable relief in any court of competent jurisdiction to prevent unauthorized use or disclosure of confidential information or intellectual property.
15. Assignment; Notices; Entire Agreement; Modifications; Force Majeure
Assignment.You may not assign without REOS’s prior written consent. REOS may assign in connection with a merger, acquisition, or sale of assets.
Notices.Notices must be in writing and are deemed given when sent to the contact email associated with the recipient’s account.
Entire Agreement; Order of Precedence.These Sellers’ Terms, together with policies incorporated by reference (including the Privacy Policy, Cookie Policy, DPA, and Controller–Controller Addendum), constitute the entire agreement and supersede prior understandings on the subject. In case of conflict, a signed addendum prevails over these Sellers’ Terms, which prevails over documents referenced by URL.
Modifications.REOS may update these Sellers’ Terms; material adverse changes will be notified via the Platform or email. Continued use after notice constitutes acceptance.
Severability; Waiver. If any provision is held invalid, it will be modified to the minimum extent necessary to make it enforceable; no waiver is effective unless in writing.
Force Majeure. Neither party is liable for delays or failures due to causes beyond its reasonable control.
This Terms of Use for Sellers reflects the lawyer-approved text (Terms of Use for Sellers.docx). Hebrew translation pending counsel. Seller signup flow not yet active — Sellers register via direct outreach today.