STANDARDIZED OPERATING PROCEDURE FOR PURCHASERS OF REAL ESTATE PURSUANT TO REAL PROPERTY LAW §442-H

Pursuant to New York State law, Divergence Realty Group is required to publish its Standard Operating Procedures that detail prerequisites that all prospective homebuyers (“Prospective Buyers”) must meet before they receive services from Divergence Realty Group.

Divergence Realty Group agents must implement these pre-services procedures uniformly with respect to any Prospective Buyer.

• Prospective Buyer Identification. Divergence Realty Group does not require Prospective Buyers to provide identification to work with a Divergence Realty Group agent. However, Prospective Buyers may be required to show proof of identification to (i) enter certain Divergence Realty Group 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. Divergence Realty Group does not require Prospective Buyers to provide identification to work with a Divergence Realty Group agent. However, Prospective Buyers may be required to show proof of identification to (i) enter certain Divergence Realty Group 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.
• Prospective Buyer Evidence of Pre-Approval. Divergence Realty Group does not require Prospective Buyers to provide confirmation of a loan or mortgage pre-approval to work with a Divergence Realty Group 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.