Accepting this standard as their own, REALTORS® pledge to observe its spirit in all of their activities whether conducted personally, through associates or others, or via technological means, and to conduct their business in accordance with the tenants set forth.
Traditionally, real estate industry disputes rely on negotiation for solutions. Mediation is a process in which one or more neutral third party mediators assist disputing parties to reach an agreement. If negotiation fails, litigation is often initiated in arbitration (see below).
NAR: Appendix VI to Part Ten — Mediation as a Service of Member Boards
Boards and Associations of REALTORS® provide arbitration to resolve contractual issues and questions and specific non-contractual issues and questions that arise between members, between members and their clients, and, in some cases, between parties to a transaction brought about through the efforts of REALTORS®. Disputes arising out of any of the four above-referenced contractual relationships may be arbitrated.
Pathways to Professionalism
National Association of REALTORS “Pathways to Professionalism”
For assistance from the Clovis Portales Association of Realtors contact: Darla, board administator, 575-762-4608
For assistance from the REALTORS® Association of New Mexico contact: Eva C. Maestas, Professional Standards Administrator, 505-982-2442 ext. 161, email@example.com.