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The process of real estate dispute mediation

There are times when a real estate dispute ends up in court. There is no way around this, as both parties are unwilling to "meet in the middle" via negotiations.

However, real estate dispute mediation is something that anybody in this position should consider. This is often the best way to get past a dispute, ensuring that both parties are happy with the way things worked out.

There are many steps that go into pre-mediation, including finding a mediator, drafting the rules, preparing statements, and ensuring that all participants are familiar with the way the process will work.

As mediation begins, there is no way of knowing what will happen next. There are situations in which both parties are interested in putting the dispute behind them as soon as possible. For this reason, they are more open to compromise. Conversely, one or both people could stick to their guns, which means that it will be difficult to make progress.

Sometimes, one mediation session is not enough to get to the bottom of the problem. Instead, the mediator must meet with both parties multiple times in order to figure everything out.

If you are locked up in a real estate dispute, you have a few options. Mediation is an idea to consider, as this is often the most efficient and affordable way to finally agree to a resolution. Even when you think you are taking steps to avoid a dispute, something could go wrong during a transaction. This then leads to the next step in the process, which is frequently mediation.

Source: Realtor.com, "Field Guide to Mediation & Conflict Resolution," accessed April. 30, 2015

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