Real estate is a volatile business. Nothing in it is fixed in any true sense: Property values rise and fall, interest rates rise and fall, neighborhoods shift and evolve, and ideal home sizes and configurations change. In such a changeable environment, disputes can simply be more chaos on top of existing chaos – especially when they involve litigation. When everything is moving so fast, litigation is almost always a deal-breaker. A better solution is the flexible and efficient route of Real Estate Mediation & Arbitration.
Advantages of Real Estate Mediation & Arbitration
Consider the advantages of Real Estate Mediation & Arbitration over litigation:
Made for Each Other
Real Estate and Alternative Dispute Resolution (ADR) are a perfect fit, because using Real Estate Mediation & Arbitration to solve problems brings investors, sellers, landlords, tenants, developers and lenders together as a team to solve problems, instead of dividing them up into factions to fight. Real Estate is always a communal activity involving neighbors and local businesses, and disputes should be treated accordingly, as transient disagreements among friends, as long as there are no charges of criminal behavior.
Litigation often feels like progress because of its fearsome reputation. But in Real Estate, Mediation & Arbitration is almost always more the effective strategy.
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