SOP NY Buyers

List 1 Team @ Own NY Real Estate Standard Operating Procedure for Home Buyers Pursuant to Real Property Law 442-H:

Please be advised that our real estate licensees:

Do NOT require a Prospective buyer client to show identification *

Do NOT require Exclusive buyer broker agreements

Do require a Pre-approval for a mortgage loan / proof of funds

*Although brokerage may not require such information, a seller of real estate may require this information prior to showing the property and / or as part of any purchase offer.