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Resolution of Disputes
There are times when you and your
agent have a disagreement that you cannot resolve
by yourselves. Maybe the agent did a poor job or misrepresented
something. Maybe your agent was really doing their
job correctly, but you did not understand. Perhaps
the agent will have a dispute with you.The listing
contract specifies what methods will be used to settle
such disputes. You can choose to accept binding arbitration,
which is usually cheaper than hiring a lawyer and
going to court. Usually, matters that can be dealt
with in a small claims court are excluded from having
to go to binding arbitration.You are not required
to sign or initial the binding arbitration clause.
This would leave you free to hire an attorney and
pursue disputes in civil court instead of binding
arbitration. Consult your attorney for advise on this
legal matter.
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