Standard Operation Procedures
ALL Lin Pan Realty agents are required by NY State law to uniformly apply our Standard Operating Procedures (SOP) when qualifying homebuyers.
The Lin Pan Real Estate Group SOPs are as follows:
Prospective Customer’s IDs: Buyers are not required to provide identification before entering a property. (Accompanying agents must show identification; can be in the form of a business card or license pocket card.)
Exclusive Broker Agreement: Lin Pan Realty does not required exclusive broker agreements for buyers in order to work with our agents.
Pre-Approval / Proof of Funds: When an offer includes financing, mortgage pre-approval is required before making the offer. If an offer does not include financing, proof of funds are required before making the offer.
Property owners are nonetheless free to set their own qualifying criteria so long as such criteria is established in advance of soliciting buyers, is applied uniformly and objectively to all buyers and is nondiscriminatory. 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 directions.
142A Middle Neck Rd, Great Neck, NY, 11021 | Tel: 516-693-9888 | Fax: 516-673-9311 | www.linpanrealty.com
