UPSTATE DOWN STANDARD OPERATING PROCEDURES

 Upstate Down Properties LLC (Upstate Down) as a broker of residential real estate is required by New York State Law to adopt Standard Operating Procedures that Upstate Down and its real estate licensees operating in New York State shall uniformly apply regarding prospective buyers prior to receiving any services.

These Standard Operating Procedures are:

1. Upstate Down does not require prospective buyers to provide identification to begin work with an Upstate Down licensee.

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

3. Upstate Down does not require prospective buyers to provide proof of a mortgage pre-approval as a condition to begin work with an Upstate Down 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 Upstate Down licensee will make such requirements known to prospective buyers in the course of working with prospective buyers.