About Properties Home Search Home Valuation Neighborhoods Blog
  • Home
  • Home Search
  • Home Valuation
  • About Thrive
  • Meet The Team
  • Featured Properties
  • Past Transactions
  • Neighborhoods
  • Seller's Guide
  • Buyer's Guide
  • Rental Guides
  • My Search Portal
  • 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.

     

The Thrive Real Estate Team

Address

110 Fifth Ave 3rd Floor New York City, NY 10010

Phone number

(917) 686-4498
For exclusive news & Market Updates signup to our newsletter

Sent!

Brand logo

The Thrive Real Estate Team is a real estate team affiliated with Compass. Compass is a licensed real estate broker and abides by equal housing opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.

​​​​​​​

New York Real Estate Standard Operating Procedures

Copyright © 2019 | Policy
Powered by Luxury Presence

Contact Details

Phone: (917) 686-4498
Email: thriveteam@compass.com
Address 110 Fifth Ave 3rd Floor New York City, NY 10010

Submit a Message

Message sent successfully!

Subscribe to recieve exclusive news & updates