Remember, arbitration is Managing Broker to Managing Broker; arbitration cannot proceed without a Managing Broker’s signature or presence at a hearing.
When filing for arbitration, it is important to remember who you are filing your complaint against. These parties are called the ‘respondents.’
On the first page of the form, you will notice that there are three lines in section three (3). This section is for whom you are filing your request against:
- Who is holding the commission?
- Who is disputing that you are entitled to the commission?
These BROKERS go here, as arbitration is Broker to Broker (REALTOR® principal). If there were any agents involved (REALTOR® non-principals), they would also be listed in this section.
Section four (4) is where you would put the amount of commission currently in dispute, and who is holding that commission.
In section seven (7), you will list the agent (REALTOR® non-principal) from your office that is involved in the dispute if they will be attending the hearing.
Please note: the complainant(s) must sign the form in order for arbitration to proceed. By signing this form, you agree to abide by the award that is rendered in this case. If you have any other questions, please contact the Association.