NY State Requires "Standard Operating Procedures"

As of April 20, 2022 NY State requires real estate broker and agent websites to display a "Standard Operating Procedures" (SOP) document.

Instructions

• NY Agents: Contact your broker to get a copy of their "Standard Operating Procedures" (SOP) document. Send it to . We will place the document on your website.
• NY Brokers: If you do not have one already, use this link to fill in and create an  "Standard Operating Procedures" (SOP) document. See NYSAR guidance below. Send the completed document to . We will place the document on your website.

Information From NYSAR

See: https://www.nysar.com/standard-operating-procedure-law-effective-april-20-2022-impacts-all-brokerages/

As per NYSAR on 4/20/2022:

"Please note that the suggestions contained in this document may be amended if the DOS provides further regulatory guidance on the SOP Law or we have further direction to provide to you.  We also strongly encourage you to speak to your own legal counsel and marketing departments as to the best way to implement these suggestions. Please click here for an example of a Standardized Operating Procedure template that a real estate broker can use to summarize the Broker’s Procedures.

Members with questions can contact the NYSAR Legal Hotline Monday-Friday from 9:00am-4:00pm at 518-436-9727 or 518-43-NYSAR."

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