New York Real Estate Standard Operating Procedures
Pursuant to New York State law, Lord & Bryant Ltd. is required to publish its Standard Operating Procedures that detail prerequisites that all prospective residential homebuyers and commercial property buyers (“Prospective Buyers”) must meet before they receive services from a licensed real estate agent in New York with Lord & Bryant Ltd. Real Estate agents of Lord & Bryant Ltd., in New York, must implement these pre-services procedures uniformly with respect to any Prospective Buyer.
● Prospective Buyer Identification. Lord & Bryant Ltd. does not require Prospective Buyers to provide identification to work with a Lord & Bryant Ltd. agent. However, Prospective Buyers may be required to show proof of identification to (i) enter certain Lord & Bryant Ltd. offices located in New York if required by the building’s security, (ii) attend an on-site inspection, open house, or showing at the direction of a residential or commercial property owner or listing agent, or (iii) in any other circumstance as directed by a third party, including but not limited to, a seller or listing agent.
● Buyer Representation Agreement. Lord & Bryant Ltd. does not require Prospective Buyers to sign an exclusive buyer representation agreement to work with a Lord & Bryant Ltd. agent, however, a prospective buyer and Lord & Bryant Ltd. agent may both agree to utilize an exclusive buyer representation agreement.
● Prospective Buyer Evidence of Pre-Approval. Lord & Bryant Ltd. does not require Prospective Buyers to provide confirmation of a loan, proof-of-funds, or mortgage pre-approval to work with a licensed Lord & Bryant Ltd. real estate agent; however, a third party, including a seller or listing agent, may require proof of pre-approval, proof-of-funds, including but not limited to, prior to attending a showing or open house or receiving an offer from the Prospective Buyer.
We thank you for all of your recent inquiries, however, we are not taking any new clients at this time.
Copyright© 2024 Lord & Bryant. All Rights Reserved
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.
Dear Friends & Colleagues,
We thank you for all of your recent inquiries, however, we are not taking any new clients at this time.
Thank you,
The Lord & Bryant Family