If you are involved in a dispute regarding entitlement to a commission or other monetary compensation in a real estate transaction, Article 17 of the NAR Code of Ethics states you can file a request to arbitrate with GCAAR. View Article 17 of the 2019 Code of Ethics
Terms to Know
Arbitration: A form of alternative dispute resolution where a third party review the evidence and imposes a decision that is legally binding and enforceable in court.
Conditions for Mandatory Arbitration: Both parties are required to complete the arbitration process.
Conditions for Voluntary Arbitration: The respondent may choose not to engage in arbitration and the case is dismissed.
Mediation: A dispute resolution process which is an alternative to arbitration. In mediation a third party mediator assists the parties to negotiate a settlement. Although mediation is voluntary, it is highly recommended that parties take advantage of this service which is provided by the Association. View the NAR brochure entitled “Mediation, the winning solution.”
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