STANDARD OPERATING PROCEDURES
Light Realty, LLC is making these Standardized Operation Procedures available to the public. Hard copies of these Standardized Operating Procedures are available upon request at our office location.
All Light Realty agents are required by State Law to uniformly apply their Brokerage’s Standard Operating Procedure (SOP) when qualifying Buyers/Renters.
Light Realty LLC SOPs are as follows:
- Prospective Client’s IDs: There is no general requirement to provide photo identification in order to work with Light Realty, LLC. However, prior to entry to our Light Realty office, customers may be required to present photo identification for security or similar purposes. Also, individual property owners, certain sponsor/developer-clients or managing agents, or certain listing brokers may require photo identification prior to a showing or to work with the prospective client, and we will communicate this information to buyers when such a situation arises.
- Exclusive Broker Agreement: An Exclusive Buyer Representation Agreement is not required to work with Light Realty, LLC, however, nothing prevents any licensee from working with a prospective homebuyer under an Exclusive Buyer Representation Agreement for the mutual purpose of exclusivity.
- Pre-Approval/ Proof of Funds: A pre-approval for a mortgage loan is not required to work with Light Realty, LLC, per se, however, nothing prevents a licensee from recommending the prospective homebuyer obtain a pre-approval buy may not require it. Individual property owners, certain sponsor/developer clients, or certain listing brokers may require one – and if so, we will communicate such information to prospective home buyers when such situations arise.