ATLANTICA EAST PROPERTIES STANDARD OPERATING PROCEDURES

 Atlantica East Properties & Associates, Inc. (Atlantica East Properties) as a broker of residential real estate is required by New York State Law to adopt Standard Operating Procedures (“SOPs”) that  Atlantica East Properties and its real estate licensees operating in New York State shall uniformly apply regarding prospective buyers prior to receiving any services. 

These SOPs are: 

1. Atlantica East Properties does not require prospective buyers to provide identification to begin work with an Atlantica East Properties licensee. 

2. Atlantica East Properties does not require prospective buyers to enter into an exclusive buyer representation agreement to begin work with an Atlantica East Properties licensee. However, a prospective buyer and an Atlantica East Properties licensee may mutually agree to enter into an exclusive buyer representation agreement. 

3. Atlantica East Properties does not require prospective buyers to provide proof of a mortgage pre-approval as a condition to begin work with an Atlantica East Properties licensee. However, Sellers may require a mortgage pre-approval and/or other requirements when allowing prospective buyers to enter their homes or when reviewing offers, in which case an Atlantica East Properties licensee will make such requirements known to prospective buyers in the course of working with prospective buyers.