New York Standard Operating Procedure
New York State Law requires RGH Realty #1, Inc. licensee/salespersons to uniformly apply the Standard Operating Procedure (SOP) regarding prospective buyers prior to receiving any services:
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Prospective buyers are not required to provide RGHRealty#1,Inc.’s salespersons identification to work with a licensee/salesperson prior to making an offer on a property.
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Prospective buyers are not required to enter in to an exclusive buyer representation agreement to work with a RGH Realty licensee/salesperson. However, a RGH Realty salesperson and a prospective buyer may mutually agree to enter into an exclusive buyer representation agreement.
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It is not required for prospective buyers to provide proof of a mortgage pre-approval to work with a RGH Realty licensee/salesperson.
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A seller may have their own criteria when allowing prospective buyers to enter their homes or when reviewing offers such as: requiring a mortgage pre- approval. If this occurs, the RGH Realty licensee will make requirements know to prospective buyers while working with prospective buyers.