Professional Standards: Mediation & Arbitration

All member boards of the NATIONAL ASSOCIATION OF REALTORS® offer mediation as a service to their REALTOR® members.

Mediation Versus Arbitration

  • Mediation and arbitration are private
  • Mediation and arbitration both involve the assistance of a trained neutral
  • Mediation is cheaper than arbitration
  • Mediation is faster than arbitration
  • Mediation offers a wide range of solutions, unlike arbitration.
  • Mediation allows parties to control the outcome, unlike arbitration
  • Mediation may maintain/improve the relationship, unlike arbitration

Arbitration ensures certain closure, unlike mediation