Subscribe to Answers
John McCormack, CRS
Nina Hollander, Broker
I haven't, so no experience to report... positive, negative, or neutral.
John McCormack, CRS
nope, never even an aligation made of a complaint
Not for real estate. I did once for a personal injury claim I filed when someone hit my car and jacked up my back for well over six months.
No, I hope I don't have to. Sometimes we get caught in the middle and blamed for the problem.
Yes I have been as the complaintant, as the broker supporting my agents and also served on the judging panels for others. The fact is you never know how it will turn out.
I am on the grievance committee and most of the cases for arbitration are over procuring cause.
NO I just find that my time is more valuable than chase after dead beats and usually it is about commissions, Endre
It could be for monies owed or some kind of contract dispute. arbitration is a way to resolve a dispute when both parties agree to go this way Vs wait to go to court and pay legals fees.
Contract dispute and it is usually money amounts
Back in the day I was a trained arbitrator for property tax cases in Texas.
Yes, but not for myself. It was because there was a dispute about who was the agent that should get a buyer's agent commission. I was the listing agent.
No. We require a signed cooperating brokers agreement with every contract.
Many times. Always over procuring case however next month I am arbitrating against another agent that refuses to pay a hefty referral fee, that they signed an agreement to pay.
I also co-authored a book on procuring cause for buyer agents.
Knock on wood ...I never have Val Evans
I'll watch your answers to see what others say ...
Have a great day!
I have not, but a friend has, seemed to work out well.
No, but have been to mediation.
No. I have never been involved in a arbitration case. You do not want to face the legal fees for these cases.
Yes, over a commission payment when mediation was unsuccessfull. Usually used for earnest money disputes!