Prospective Homebuyer Standard Operating Procedures: Standardized Operating Procedures for Prospective Homebuyers in Order to Receive Services. (Hard copies of this policy are available at our office). Identification: We do not require identification from a prospective homebuyer. Exclusive Representation: We do not require a prospective homebuyer to sign an exclusive brokerage agreement. Loan Pre-approval: We do not require mortgage loan pre-approval before showing properties to a prospective homebuyer.