March 28, 2024
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Olim Advisors’ Parlor Meeting In Edison Looks at Investing In Israeli Real Estate

Olim Advisors’ Paul Bloom, a former Edison resident who now lives in Israel, recently met with a group of people at the home of Penina and Asaf Shmuel in Edison to discuss how Olim Advisors can assist U.S.-based investors in purchasing real estate in Israel.

Bloom, the company’s VP of business development, pointed out that homes in Israel increases on average 10%-15% in value each year, so investing in real estate is a lucrative idea. Olim Advisors assists people who are prepared to invest $0.5 million or more in property in Israel and they help identify projects that meet the particular needs and interests of their clients. Olim Advisors screens developers and real estate agents, to ensure they are of the highest caliber, before recommending them to clients. Bloom stated: “Most importantly, we will hold your hand throughout the process,” to make sure each client arrives at a favorable outcome.

One of the event attendees was Highland Park resident Melissa Gursky, a realtor associate with Keller Williams Elite in Metuchen. Keller Williams Realty International is working with Jewish families who want to move to Israel, and they recognize that for many families, their house is the biggest source of funding for their move. These families need to sell at the highest price and best terms, complying with all laws and restrictions of both their country of origin and the State of Israel. In the U.S., that means selling to any financially qualified buyer without bias or discrimination; other countries have different regulations. Because Israeli brokers and developers also want access to foreign markets, there is a need for a reputable brokerage to sell the houses in the countries of origin and support the moving process from start to finish. Gursky can be reached at [email protected].

Olim Advisors held a similar event in the home of Ira Bloom in West Orange in March. Bloom commented: “I was very impressed that Olim Advisors were not trying to sell us real estate, but wanted to understand our interests and after which they would identify vetted projects and real estate agents that will meet our needs. But most importantly they will guide us through the entire process.”

For more information on Olim Advisors, please see their website at: https://www.olimadvisors.com

By Harry Glazer

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