Standardized Operating Procedures for Buyers

JDM Real Estate Consulting, Inc. (referred to below as JDM) will require a prospective buyer(s) to produce a pre-approval letter from a bank as part of its standardized operating procedure. After the first consultation a JDM Real Estate Consulting, Inc. agent will ask the buyer(s) to speak with a bank to review their finances and generate a pre-approval letter. This is necessary to ensure that the buyer(s) will be able to focus on properties that they will fit their budget. If the buyer(s) plan to make the purchase with all cash then the agent will ask to see proof of funds in the form of the most recent bank statement showing the buyer’s name and current address.

Should the buyer(s) find a property they like and decide to make an offer the agent will ask for additional information in order to fill out a REBNY Financial disclosure. This disclosure will include personal information summarizing the buyer(s) income, assets, and liabilities.

JDM Real Estate Consulting, Inc. will not require the prospective buyer(s) to show identification nor will it require the buyer(s) to sign an exclusive broker agreement in order to work with JDM.

 

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