One of Buddha?s famous quotes says: ?You should respect each other and refrain from disputes; you should not, like water and oil, repel each other, but should, like milk and water, mingle together.?
While folks are dissimilar in so many ways, conflicts never leave the scene. Well, we can say that it is a part of life. People exist and so disputes are. Discords are one thing inevitable in the uncertainties of life.
With no exemption to real estate industry, almost everything about it is uncertain and not always good as what we expect it to be. It cannot be avoided that in some real estate deals, there are times when you and your agent disagree or dispute on certain matters and that both of yourselves that even you yourselves cannot immediately resolve. Perhaps, it happened that the real estate agent did his or her task poorly or has represented something that ended up a failure or not like what you desired it to be. Or perhaps, your agent has done his or her job very well but it is you who misinterpreted everything. Perhaps the agent will have a dispute with you regarding certain matters related to the agreement you both have set.
In the listing contract, all the strategies that will be used to settle such disputes are indicated. Deciding to choose a binding arbitration can be ideal as it is usually cheaper than to hire a lawyer and pursue the dispute to court while winning the case is not assured. The usual thing that happens is that matters that can be talked about and settled with in a small claims in court have nothing to do or do not need for a binding arbitration.
You do not need to sign or initial the binding agreement clause. With this, you would be free to get the services of an attorney and push forward such disputes in civil court instead of binding agreement. Of course, you will not need someone to choose an option on your behalf. The final decision is yours to keep. When you decide, however you need to check things out first to avoid ending up to a regretting decision in your life.
To understand more about Aurora Real Estate and Highlands Ranch Real Estate, simply take a brief look on these websites and understand further about Homes for Sale in Wheat Ridge CO and the amazing deals it offers.
Related posts:
- Short Sales Pitfalls And The Option
- What Should Be In Your Real Estate Agreement
Tags: conflict resolution, disputes and resolution, real estate agreement, real estate conflict, real estate disputes, real estate problem, real estate problems, resolution of disputes
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