Standard Operating Procedures for Buyers

A Notice to Our Buyer Clients

            In 2022 the State of New York instituted another requirement of all real estate brokers and agents.  This one requires all brokers and agents to develop a Standard Operating Procedure (SOP) when working with buyers (New York Real Property Law section 442-h).  Each broker's SOP is required to be posted on all office and agent websites.

            The stated purpose of this new requirement is to ensure all buyers are afforded equal treatment.  We at Realty Executives - Williams-Sykes Realty enthusiastically support fair treatment for all buyers.  We also understand that each buyer is unique, with different needs.   To create a lengthy, detailed SOP for all buyers may compel us to subject some buyers to procedures they have no need for. Consequently, our SOP for buyers is purposely short. 

At a minimum, for every buyer:

1. We will ask for your name and contact information.  However, you will not need to prove this by providing us with ID.  We prefer to begin the relationships with all our clients - sellers as well as buyers - in a spirit of trust.

2. We will not require you to sign an exclusive buyer agency with our firm.  We prefer you work with us because you are confident we can help you find your new home, not because you are legally obligated to work us.

3. For your benefit we will ask for a copy of your mortgage pre-approval.  If you do not have one, we will offer a list of reputable lenders who can provide you with one.

            Our manner in working with buyers (and sellers) has for more than 20 years been shaped by our Core Values.

1. We will treat everyone respectfully.
2. We will put the interests of our clients above all others, including our own.
3. We will be honest in all our dealings.
4. We will do everything we say we will do.
5. We will always strive to provide the best client experience possible.

Thank you for working with Realty Executives - Williams-Sykes Realty.