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Debt Free Dave’s Blog

By Debt Free Dave | Agent in 85260
  • Mediation to solve real estate disputes - Arizona

    Posted Under: Property Q&A  |  June 18, 2009 2:07 PM  |  51 views  |  No comments
    Its time has come but mediation in Arizona is making its way into solving real estate conflict.  There is now a mediation clause that is standard in every Arizona Association or Realtors Contract.  I think this is a better first step for clients rather than trying to slug it out in court.  The benefits of mediation would seem to out weigh going to court.  For one going to court is expensive and it can take a long time.  Litigation can take years, while mediation can be completed in a day.  The cost of mediation is less as well.  Litigation can run in the tens of thousands of dollars quickly.  Most mediators charge between $200 - $300 per hour.  If you can get your dispute settled in a day, I think you can do the math.

    The only hitch to trying to use a mediatoris that if one party wont participate you may need to seek other methods to settle your dispute like arbitration or litigation.

    Real Estate Mediator Arizona

    Divorce Arizona
 
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