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. However, we are not recommending one choice or the other. That is your decision about Resolving Disputes With Your Agent.

If you have a disagreement with your agent, it’s crucial to attempt to solve the issue before escalating it. Firstly, discuss the problem with your agent to see if you can reach an agreement. If that’s not feasible, contact the agent’s broker or manager for a solution. In some circumstances, you may need to file a complaint with your state’s real estate licensing board or hire an attorney. It’s advisable to attempt to fix the problem with your agent directly initially since it can result in a faster and more satisfactory resolution.

If you have any questions about Resolving Disputes With Your Agent, you can contact us at +1(516) 829-2205, +1(516) 647-4289 and Google My Business Profile.