Standardized Operating Procedures

Chapter 153 of the Laws of 2022

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; (ii) whether an exclusive broker agreement is required; (iii) whether pre-approval for a mortgage loan is required”.

Our Graceful standardized operating procedures for the prerequisites prospective homebuyer/s are:

(i) Prospective homebuyer/s does not have to show identification to our licensed salespeople or licensed associate brokers.
(ii) Exclusive broker agreement is not required for buyer/s.
(iii) Pre-approval for a mortgage loan is required for our licensed salespeople or licensed associate brokers to service them.