In the event of monetary disputes between REALTORS® arising out of their relationship as REALTORS®, the Association provides Arbitration to settle the dispute. The Arbitration process is a mandatory requirement of membership for REALTORS® of different firms.
Most Arbitration requests are to determine the procuring cause of a sale or lease. Although the process can also be used to resolve issues over the amount of a commission when there is no dispute over procuring cause.
A request for arbitration must be filed within 180 days after the closing of the transaction if any, or within 180 days after the facts constituting the matter could have been known in the exercise of reasonable diligence, whichever is later.
Should you have any questions about the procuring cause or the arbitration process, please contact Paula Tansey at email@example.com or 610-560-4800.