NESTLY REALTY LLC

Standard Operating Procedures for Prospective Homebuyers

Last Updated: August 31, 2026

Nestly Realty LLC ("Nestly Realty LLC") is a real estate broker licensed by the New York State Department of State and operates the Nestly platform, website, and mobile application. New York law requires every real estate broker who services residential homebuyers to adopt and publish standardized operating procedures describing what will be required of a prospective homebuyer before the broker provides services. These Standard Operating Procedures are provided in accordance with Section 442-h of the New York Real Property Law and are posted on each publicly available website and mobile application that Nestly Realty LLC maintains.

These Standard Operating Procedures do not create any obligation on a prospective homebuyer and do not by themselves create an agency or brokerage relationship. A brokerage relationship with Nestly Realty LLC is created only through required agency disclosures and a separate written agreement.

1. Prospective Homebuyers Are Not Required to Show Identification

Nestly Realty LLC does not require a prospective homebuyer to show identification before Nestly Realty LLC will provide brokerage services or arrange to show a property. A prospective homebuyer may choose to provide identification, and identification may be requested later in a transaction by a seller, a seller's agent, a building, a lender, a title company, a settlement agent, or another party, or where required by law. Any such later request is separate from these Standard Operating Procedures.

2. An Exclusive Buyer Agency Agreement Is Not Required to Begin Working With Nestly Realty LLC

Nestly Realty LLC does not require a prospective homebuyer to sign an exclusive buyer agency agreement as a condition of beginning to work with Nestly Realty LLC or of receiving general information.

Before Nestly Realty LLC provides brokerage services with respect to a specific property, including arranging a tour, contacting a listing agent, or preparing an offer, Nestly Realty LLC will provide the required New York State agency disclosures and will ask the homebuyer to enter into a written buyer representation and compensation agreement. That agreement describes the scope of representation and the broker's compensation, both of which are negotiable. A prospective homebuyer is entitled to review, ask questions about, and negotiate that agreement before signing it.

3. Pre-Approval for a Mortgage Loan Is Not Required

Nestly Realty LLC does not require a prospective homebuyer to obtain pre-approval for a mortgage loan in order to receive brokerage services or to be shown a property. A prospective homebuyer may choose to obtain a mortgage pre-approval, and a seller, a seller's agent, a building, or a lender may request or require a pre-approval, proof of funds, or similar documentation at a later stage of a transaction. Any such request is separate from these Standard Operating Procedures.

4. Affiliated Companies

Nestly Realty LLC is affiliated, under common ownership, with Nestly Ventures LLC. Nestly Ventures LLC controls a portion of the Nestly platform, consisting of the participating vendor marketplace and related technology features. Nestly Ventures LLC is not a real estate broker and does not provide brokerage services. Real estate brokerage services are provided only by Nestly Realty LLC or another licensed real estate brokerage. Where Nestly Realty LLC refers a homebuyer to an affiliated company, or where an affiliated company appears on or provides a portion of the Nestly platform, the affiliation will be disclosed, and the homebuyer is not required to use any affiliated company.

5. Fair Housing

Nestly Realty LLC complies with all applicable federal, state, and local fair housing and anti-discrimination laws and does not discriminate against any person on the basis of any protected characteristic. The New York State Housing and Anti-Discrimination Notice is available through a link on the homepage of the Nestly Realty LLC website.

6. Questions

Questions about these Standard Operating Procedures may be directed to:

Nestly Realty LLC

Address: 36-36 Main St, Flushing, NY 11354

Email: info@nestlyrealty.com

Phone: +1 (718)912-4588