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

Review Full Outline on Mediation ( realtor.org)

Review Full Outline on Arbitration ( realtor.org)

Request to Abritrate (pdf)