A NULI.GE online broker is an independent partner (not an employee) who, through the platform, helps sellers and buyers of businesses and commercial property prepare and close deals.
1. Registration. The broker submits an application, accepts these rules (date, IP and rules version are recorded) and is activated after approval by the administration. Registration is free.
1.1. Agreement. On registration the broker electronically accepts the brokerage services agreement (counterparty — Renext LLC); a copy is available in the broker dashboard.
1.2. Help with uploading listings. The broker must help owners prepare and upload listings: the broker uploads → the owner confirms by e-mail → the listing is published automatically right after confirmation (suspicious cases only after an administration review). Without the owner’s confirmation the listing is not published.
1.3. Fake and copied listings are prohibited. The broker enters the owner’s real name, e-mail, phone, status (owner / director / representative) and cadastral or company code. Uploading without the owner’s consent, copying from other sites and “confirming” with one’s own e-mail / phone are prohibited — the system holds such listings for review. Violations lead to suspension of the account. Detailed instructions: Broker guide.
2. Listing broker. Each listing has one responsible broker. If the broker brought the seller and the seller confirmed by e-mail, the broker works on the listing exclusively for 90 days. Listings posted by sellers themselves go to a shared pool; brokers request them and the administration assigns them. One broker may hold at most 15 active listings.
2.1. Listings from the broker’s link and change of broker. If the author came to the site through a broker’s personal link and agrees to broker service, the listing is attached to that broker automatically. The administration may transfer a listing to another broker: the current broker receives an e-mail and the change takes effect with their consent; open leads move to the new broker, while completed deals and protected buyers brought by the current broker stay with them. In case of rule violations or inactivity the administration changes the broker without consent.
3. Buyer broker. A buyer belongs to a broker if they came through the broker’s personal link (valid 30 days) or were registered by the broker in the dashboard. The “first to register” rule applies — the buyer is protected for 90 days (by phone number). Disputes are resolved by the administration based on the system log.
4. Activity. The broker answers a new lead within 14 days. After that a warning is sent, and 7 days later the listing returns to the pool. Every action (stage, note, document) is logged.
5. Confidentiality. On a listing assigned to a broker the site shows the broker’s contact, while the author’s phone and e-mail are hidden — only the assigned broker and the administration see them. The broker sees only the contacts of their own listings and buyers, uses them only for the deal, does not pass them to third parties and does not make deals bypassing the platform. No broker is attached to a listing whose author does not agree to broker service.
5.1. Disclosure of advantages and disadvantages. The broker must disclose to the buyer/tenant, in writing (by e-mail from the dashboard), the property’s advantages, disadvantages and risks; listing the disadvantages is mandatory. The buyer confirms receipt electronically.
5.2. Buyer’s final acknowledgement. Before a deal is registered the buyer electronically signs a final acknowledgement: they viewed the property, read its advantages and disadvantages and are making their own decision. After that, further claims against NULI.GE and the broker are not accepted (except where the law provides otherwise, e.g. intentional deception).
6. Closing a deal. The broker records the deal in the dashboard (final price, buyer, date, contract or registry extract). The seller confirms by e-mail, the administration checks the registry and confirms. Only then is the deal complete and the listing marked “sold”.
7. Commission and payment. Commission: sale — 3% of the completed sale price; rent — 1 month(s) of rent (full commission); payable only when a deal is made. The full commission is paid into the account of Renext LLC as a brokerage fee — the broker never takes money from clients directly. The online broker(s) share is 40%: one broker receives 40%, two different brokers receive 20% each; the remaining 60% stays with the company. Examples: a 100,000 ₾ sale → commission 3 000 ₾ → broker 1 200 ₾; a 3,000 ₾ monthly rent → commission 3 000 ₾ → one broker 1 200 ₾, two brokers 600 ₾ each. The broker receives the share as salary (the company pays with statutory taxes withheld) or under a service contract — in the agreement the broker states whether they are an individual, a sole trader (incl. small business status) or an LLC. Payout within 10 working days of receiving the commission.
7.1. No side deals and no cutting out the broker. It is prohibited to close a deal between parties introduced via the platform while bypassing NULI.GE, to remove (“cut out”) the broker or the company from a deal, to poach a buyer/seller or to exchange contacts directly in order to avoid the commission. A broker in breach loses the share, compensates the lost commission and is suspended; a seller/buyer in breach pays the full commission.
7.2. Legal protection. These terms form part of an agreement accepted electronically (time, IP, text version). They are protected by the legislation of Georgia, including the Civil Code; disputes are resolved by the courts of Georgia, with the platform log used as evidence.
8. Tail clause. If a buyer introduced by the platform acquires the property within 12 months, the deal is deemed made through the platform and the commission is payable.
9. Rating and suspension. The broker’s rating is based on seller and buyer reviews and closed deals. For breaches of the rules the administration suspends the account; unpaid shares may be held until a dispute is resolved.
10. Broker protection mechanisms. (a) with every inquiry the buyer agrees not to close a deal bypassing the broker for 12 months — time and IP are recorded; (b) on a broker’s listing the seller’s phone, e-mail and messenger links are hidden automatically, only the broker is shown as the contact; (c) after a viewing the buyer confirms by e-mail that the broker showed the property; (d) the buyer is registered by phone number and protected for 90 days; (e) when a listing is deleted, hidden or marked sold the system checks whether the buyer was among the platform’s leads; (f) every action is logged and used to resolve disputes.
The rules may be updated; a new version applies from publication. The Georgian version prevails. For full legal force a separately signed partnership agreement is recommended.
