Mortgage Calculator
Policy effective as of April 20, 2022
Pursuant to New York State law, Spire Group Inc. is required to publish its Standard Operating Procedures that detail prerequisites that all prospective Buyer/Renter must meet before they receive services from an Spire Group Inc. Agent in New York State.
Prospective Client's IDs:
Unrepresented and/or unaccompanied Buyer/Renter must provide their identification prior to entering a property for a showing or making an offer on such property.
When accompanied and/or represented by a Licensee, Licensee must show either their or their client’s picture identification.
Please note although Spire Group Inc. requires certain information or documentation, a seller or landlord or third party in the transaction may elect to decline this requirement for their property and/or as part of any offer.
Exclusive Broker Agreement:
No exclusive brokerage agreement is required of Buyer/Renter prior to the rendition of brokerage services, except if such Buyer/Renter inquires about a property that offers a below-market commission rate, and in such circumstances, an exclusive is required.
In all other circumstances, associated licensees are encouraged to solicit exclusives of Buyer/Renter, but to the extent that they solicit, they must uniformly solicit the same of all Buyer /Renter that inquires about the same property.
Any prospective buyer and agent may agree to utilize an exclusive buyer representation agreement.
Pre-Approval / Proof of Funds:
Proof of funds is required by the Buyer/Renter (or from others involved in the transaction) prior to the delivery of any offers to purchase/rent from an associated licensee to the homeowner or such homeowner’s listing agent. Verification of the source of income is not required.
Please note although Spire Group Inc. does not require certain information or documentation, a seller or landlord or third party in the transaction may require this information prior to showing their property and/or as part of any offer.