Standardized Operating Procedures

Purchasers or Renters of Real Estate Pursuant to Real Property Law §442-H
Standardized Operating Procedures
April 19, 2022
Effective Date:
Purchasers or Renters of Real Estate Pursuant to Real Property Law §442-H

All William Luxe New York agents are required by State Law to uniformly apply their Brokerage’s Standard Operating Procedure (SOP) when qualifying Buyers / Renters.

Please be advised that prior to showing a purchaser a property:

  1. ProspectiveClient’sIDs: Buyer(s)/Renter(s) are not required to provide identification to work with a William Luxe New York agent. However, buyer(s) / renter(s) may be required to show identification to enter certain William Luxe New York offices if required by the building’s security, attend an open house or showing at the direction of a homeowner, listing agent, or in any other circumstance as directed by a third party, including but not limited to, a seller, landlord, listing agent, sponsor / developer, managing agent, or building security.
  2. Exclusive Broker Agreement: No exclusive brokerage agreements are required for buyer(s) / renter(s) to work with William Luxe New York agents.
  3. Pre-Approval/Proof of Funds: Proof of funds (excluding source of income), including mortgage pre-approval when an offer includes financing, is required before making an offer to purchase or rent.

*Although we may not require such information, a seller of real estate may require this information prior to showing the property and/or as part of any purchase offer.

Property owners are nonetheless free to set their own qualifying criteria so long as such criteria is established in advance of soliciting buyer(s) / renter(s), is applied uniformly and objectively to all buyers / renters and is non-discriminatory. Further, such criteria may only be directed by a property owner if such owner directs their criteria in writing, inclusive of the date of such direction.

Hard copies of these Standardized Operating Procedures are available upon request at any William Luxe New York office location in NYS.

TOP

Our Commitment to Sustainability

The building industry is responsible for 40% of annual greenhouse gas emissions. 27% are attributed to building operations and 13% are attributed to construction. We are acutely aware of our responsibility in this cycle. Therefore we have committed 3% of our annual revenue to offset our part of the emissions cycle. We also buy offsets for all of our buyers, because together we can make a difference.

3%
document.addEventListener('DOMContentLoaded', function () { const captions = ["Caption 1", "Caption 2", "Caption 3"]; let currentIndex = 0; const captionElement = document.querySelector('.caption'); setInterval(() => { captionElement.classList.add('hidden'); setTimeout(() => { currentIndex = (currentIndex + 1) % captions.length; captionElement.textContent = captions[currentIndex]; captionElement.classList.remove('hidden'); }, 500); }, 4000); });