The Board of Directors has now adopted the National Association of REALTORS® mandatory mediation requirement which requires that all parties who file for mandatory arbitration attempt to resolve their dispute through mediation prior to going to arbitration.
As we have seen an over high success rate in resolving commission disputes through mediation, we are extremely excited for this new change! Beginning January 1st, any arbitration request filed at the REALTOR Association of Greater Fort Myers and the Beach, Inc. and approved by our Grievance Committee will have a mediation scheduled. If mediation is not successful, an arbitration hearing will then be scheduled.
There are a plethora of advantages to choosing mediation over arbitration, including: maintaining positive working relationships, as well as saving time and money. Please see below for additional advantages.