Prodigy Real Estate Inc.

New York Real Estate Standard Operating Procedures


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

New York Prodigy Real Estate agents must implement these pre-services procedures uniformly with respect to any Prospective Buyer.


● Prospective Buyer Identification. Prodigy Real Estate does not require Prospective Buyers to provide identification to work with a Prodigy Real Estate agent. However, Prospective Buyers may be required to show proof of identification to (i) enter certain Prodigy Real Estate 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. Prodigy Real Estate does not require Prospective Buyers to sign an exclusive buyer representation agreement to work with a Prodigy Real Estate agent, however, a prospective buyer and Prodigy Real Estate agent may agree to utilize an exclusive buyer representation agreement.


● Prospective Buyer Evidence of Pre-Approval. Prodigy Real Estate does not require Prospective Buyers to provide confirmation of a loan or mortgage pre-approval to work with a Prodigy Real Estate 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.

Effective 4.18.2020