Standard Operating Procedures
New York Real Estate Standard Operating Procedures
Pursuant to New York State law, Pines Harbor Realty (PHR) is required to publish its Standard Operating Procedures that detail prerequisites that all prospective homebuyers ("Prospective Buyers") must meet before they receive services from a Pines Harbor Realty agent.
Pines Harbor Realty agents must implement these pre-services procedures uniformly with respect to any Prospective Buyer:
Prospective Buyer Identification. PHR does not require Prospective Buyers to provide identification to work with a PHR agent. However, Prospective Buyers may be required to show proof of identification to (1) attend an open house or showing at the direction of a homeowner of listing agent, or (2) in any other circumstances as directed by a third party, including but not limited to, a seller or listing agent.
Buyer Representation Agreement. PHR does not require Prospective Buyers to sign an exclusive buyer representation agreement to work with a PHR agent, however, a prospective buyer and PHR agent may agree to utilize an exclusive buyer representation agreement.
Prospective Buyer Evidence of Pre-Approval. PHR does not require Prospective Buyers to provide confirmation of a loan or mortgage pr-approval to work with a PHR agent; however, a third party, including a seller or listing agent, may require proof of pre-approval, including but not limited to, prior to attending a showing or open house or receiving an offer from the Prospective Buyer.