HOULIHAN LAWRENCE STANDARD OPERATING PROCEDURES

1. Houlihan Lawrence does not require prospective buyers to provide identification to begin work with a Houlihan Lawrence licensee.
2. Houlihan Lawrence does not require prospective buyers to enter into an exclusive buyer representation agreement to begin work with a Houlihan Lawrence licensee. However, a prospective buyer and a Houlihan Lawrence licensee may mutually agree to enter into an exclusive buyer representation agreement.
3. Houlihan Lawrence does not require prospective buyers to provide proof of a mortgage pre-approval as a condition to begin work with a Houlihan Lawrence 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 a Houlihan Lawrence licensee will make such requirements known to prospective buyers in the course of working with prospective buyers.