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  • New York Real Estate Standard Operating Procedures 

    Pursuant to New York State law, Compass 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 New York Compass agent. 

     

    New York Compass agents must implement these pre-services procedures uniformly with respect to any Prospective Buyer.

     

    Prospective Buyer Identification. Compass does not require Prospective Buyers to provide identification to work with a Compass agent. However, Prospective Buyers may be required to show proof of identification to (i) enter certain Compass 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. Compass does not require Prospective Buyers to sign an exclusive buyer representation agreement to work with a Compass agent, however, a prospective buyer and Compass agent may agree to utilize an exclusive buyer representation agreement.

     

    Prospective Buyer Evidence of Pre-Approval. Compass does not require Prospective Buyers to provide confirmation of a loan or mortgage pre-approval to work with a Compass 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.

     

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Thrive Team at Compass 
[email protected]
917-686-4498

110 Fifth Avenue 3rd Floor 
New York City, New York 10010

 

 

 

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Mon - Fri 7:30 AM - 5:00 PM

The property information herein is derived from various sources that may include, but not be limited to, county records and the Multiple Listing Service, and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. ©2020 Real Estate Co. All Rights Reserved.
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Phone: (917) 686-4498
Email: [email protected]
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