How to File an Arbitration Request
All requests must be submitted in writing through the following process:
Please complete the Request and Agreement to Arbitrate, Form #A-1
The Request and Agreement to Arbitrate must be filed and signed by a REALTOR® Principal of the firm. Broker associates (non-principal) cannot be a party to the arbitration request, but may attend the arbitration if they have a monetary interest in the outcome of the case.
You will need to include a written statement of the situation, marked as Exhibit A or I, and any other documentation to support your request. These documents may include listings agreements, purchase agreements, representation agreements/disclosures, MLS datasheets, or correspondence.
The Request and Agreement to Arbitrate and the written statement should be sent along with a check made payable to the Colorado Association of REALTORS® in the amount of $450.
Arbitration requests must be submitted within 180 days after the closing, if any, or within 180 days after the facts constituting an arbitrable matter could have been knows in the exercise of reasonable diligence. Once the Arbitration Request has been filed the Grievance Committee will review the request to determine if the request is an arbitrable matter and whether the arbitration is mandatory or voluntary. If the Grievance Committee determines an arbitrable matter exists and should proceed to hearing, a response is then solicited by the Respondent. The Respondent will be required to submit a response and the $450 filing fee.