Pursuant to New York State law, Orange Realty & Consulting, Inc. is required to publish its Standard Operating Procedures that detail prerequisites that all prospective homebuyers (“Prospective Buyers”) must meet before they receive services from aN Orange Realty & Consulting, Inc. agent. Orange Realty & Consulting, Inc. agents must implement these pre-services procedures uniformly with respect to any Prospective Buyer.
● Prospective Buyer Identification. Orange Realty & Consulting, Inc. does not require Prospective Buyers to provide identification to work with an Orange Realty & Consulting, Inc. agent. However, Prospective Buyers may be required to show proof of identification to (i) enter certain Orange Realty & Consulting, Inc. offices if required by the building’s security, (ii) attend an open house or showing at the direction of a homeowner 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. Orange Realty & Consulting, Inc. does not require Prospective Buyers to sign an exclusive buyer representation agreement to work with an Orange Realty & Consulting, Inc. agent, however, a prospective buyer and an Orange Realty & Consulting, Inc. agent may agree to utilize an exclusive buyer representation agreement.
● Prospective Buyer Evidence of Pre-Approval Orange Realty & Consulting, Inc. does not require Prospective Buyers to provide confirmation of a loan or mortgage pre-approval to work with an Orange Realty & Consulting, Inc. 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.
Effective April 12, 2022