New York State law requires that K. Fortuna Realty, Inc. detail prerequisites that all prospective homebuyers (“Prospective Buyers”) must meet before they receive services from a New York State Licensed Real Estate Salesperson from K. Fortuna Realty, Inc.
K. Fortuna Realty, Inc. Licensed Real Estate Salespeople must apply these pre-requisite procedures consistently with respect to any Prospective Buyer.
- Prospective Buyer Identification: K. Fortuna Realty, Inc. does not require Prospective Buyers to provide identification to work with one of its agents. Prospective Buyers MAY BE required to provide identification if (1) at the direction of a homeowner or listing agent (2) requested by other third-party transaction participant, including but not limited to a seller or listing agent.
- Buyer Representation Agreement: K. Fortuna Realty, Inc. does not require Prospective Buyers to sign an exclusive buyer representation agreement to work with one of its agents. An exclusive buyer representation agreement may be mutually agreed upon by the buyer and agent, however. It is not required.
- Prospective Buyer Evidence of Pre-Approval: K. Fortuna Realty, Inc. does not require Prospective Buyers to provide confirmation of a loan or a mortgage pre-approval to work with one of its agents. After the first round of showings, the K. Fortuna Realty, Inc agent will ask for a pre-approval or proof of funds. Also, a third party, such as a seller or listing agent, may require proof of pre-approval prior to attending a showing or receiving an offer from the Prospective buyer.
- If you have any questions, please feel free to contact the office at (845) 632 3492