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Senior Housing Management
5 Staging Tips to Appeal
In accordance with Chapter 153 of the Laws of 2022, effective April 20, 2022: “Each real estate broker shall institute standardized operating procedures for the prerequisites prospective homebuyers must meet prior to receiving any services. Such standardized operating procedures shall include but not be limited to the following: (i) whether prospective clients shall show identification; which identification shall not be necessary until a transaction becomes accepted; (ii) whether an exclusive broker agreement is required; an exclusive agreement is not required for a purchaser; (iii) whether pre-approval for a mortgage loan is required; pre-approval for funding is not a requirement but is “suggested.”
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