They already did that multiple times with no positive outcomes whatsoever, go learn some history
Here are only some examples of Israel compromising (land and other) for the sake of peace:
1. Hebron Protocol — 1997
2. Wye River Memorandum — 1998
3. Sharm el-Sheikh Memorandum — 1999
4. Gaza Disengagement Plan — 2005
5. Naharayim/Baqura and Tzofar/Ghamr special-regime expiration — 2019
6. Israel-Lebanon Maritime Boundary Agreement — 2022
Those only that were applied, many more offers were rejected by other side.