FAQ

If only an individual REALTOR® (principal is named as the respondent in an arbitration request, can a Hearing Panel make an award against the respondent’s firm?

No. Awards can only be made against named parties in the arbitration request and agreement.

If only an individual REALTOR® (principal ) is named as the complainant in an arbitration request, can a Hearing Panel make an award in favor of the complainant’s firm?

No. Awards can only be made in favor of parties named in the arbitration request and agreement.

If an award is made against an individual REALTOR® (principal), is it enforceable against the respondent’s firm?

Awards are generally enforceable against parties named in the award.

Can I name both a REALTOR® (principal) and his firm as respondents in an arbitration request?

Yes.

What is the advantage to naming both a REALTOR® (principal) and his firm as respondents in an arbitration request?

Naming a REALTOR® (principal) as respondent lets the complainant know who will appear at the hearing, and naming the firm as respondent increases the chances of collecting any resulting award.

If a REALTOR®’s firm is named as the respondent in an arbitration request and refuses to arbitrate, who can be named as respondent in a complaint alleging that Article 17 has been violated.

Any REALTOR® (principal) who holds membership locally or who enjoys MLS participatory rights through the association can be named as respondent.

If only a REALTOR® firm is named as respondent in an arbitration request, who is served with notices?

Any REALTOR® (principal) in the firm may be served with notices.