---

Pursuant to New York State law, Soho Real Estate 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 Soho Real Estate agent.

New York Soho Real Estate agents must implement these pre-services procedures uniformly with respect to any Prospective Buyer.

Prospective Buyer Identification

Soho Real Estate does not require Prospective Buyers to provide identification to work with a Soho Real Estate agent. However, Prospective Buyers may be required to show proof of identification to (i) enter certain Soho Real Estate 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

Soho Real Estate does not require Prospective Buyers to sign an exclusive buyer representation agreement to work with a Soho Real Estate agent, however, a prospective buyer and Soho Real Estate agent may agree to utilize an exclusive buyer representation agreement.

Prospective Buyer Evidence of Pre-Approval

Soho Real Estate does not require Prospective Buyers to provide confirmation of a loan or mortgage pre-approval to work with a Soho Real Estate 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.

Effective April 7, 2022

---