Request and Agreement to Arbitrate
Instructions for Filing an Arbitration Request
- To file an Arbitration Request, download and complete the Request and Agreement to Arbitrate Form below.
- The Request and Agreement to Arbitrate Form is where the Complainant enters the Complainant(s) information, such as name, address, and phone number. You should include the information where you want to be contacted in regard to your arbitration request. There may be more than one Complainant.
- A Complainant must be a REALTOR® Principal (MLS Participant, Designated REALTOR®, or Office Manager).
- The Arbitration Request Form is also where you enter the Respondent information. There may be more than one Respondent.
- All Respondents must be REALTOR® Principals (MLS Participant, Designated REALTOR®, or Office Manager).
- Complainant can name as Respondent a Realtor Principal, Firm, or both.
- Awards can only be made against named parties in the Arbitration Request and Agreement. Therefore, awards are not enforceable against parties not named in the Arbitration Request and Agreement. For example, if only a REALTOR® Principal is named as Respondent in the Arbitration Request, any award is not enforceable against the Firm. If only the Firm is named as Respondent in the Arbitration Request and Agreement, any award is not enforceable against the REALTOR® Principal.
- You need to choose whether you want Respondent to be the REALTOR® Principal, Firm, or both.
- You also must include a detailed narrative that explains the facts that constitute your arbitration request. Your narrative should include any documentation to support your arbitration request.
- You must indicate the address of the home for which the commission is in dispute, the amount in dispute, and the date of closing (or date of lease if rental).
- Also include the name of any REALTOR® non-principals affiliated with your firm that has a financial interest in the outcome of the arbitration. This person has the right to be present throughout the hearing.
- You must indicate whether or not the circumstances giving rise to the arbitration request is involved in civil litigation.
- Once you complete the Request and Agreement to Arbitrate Form, scroll down to the Request and Agreement to Arbitrate Form Submission section below, provide your contact information, upload i) your completed Request and Agreement to Arbitrate Form; and ii) your typed narrative and any other supporting documentation, and click “SUBMIT.”
- Before your Arbitration Request can be processed, you must submit to LIBOR payment in the amount of $350.00 for arbitration filing fees.
- The Request and Agreement to Arbitrate Form, Narrative, and any supporting documentation can also be emailed to PSC@lirealtor.com or mailed to LIBOR, PSC Dept. 1305 Walt Whitman Road, Suite 310, Melville, New York 11747.
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