{"id":340,"date":"2022-06-09T14:46:47","date_gmt":"2022-06-09T18:46:47","guid":{"rendered":"http:\/\/elephanteardesign.com\/ragc\/?page_id=340"},"modified":"2022-09-09T12:48:19","modified_gmt":"2022-09-09T16:48:19","slug":"arbitration-requests","status":"publish","type":"page","link":"https:\/\/elephanteardesign.com\/ragc\/professional-standards\/arbitration-requests\/","title":{"rendered":"Arbitration Requests"},"content":{"rendered":"

[vc_row][vc_column][vc_column_text]The REALTOR\u00ae Alliance of Greater Cincinnati (RAGC) Professional Standards Committee has the authority to hear requests for arbitration (as described by Article 17 of the Code of Ethics) that are filed within 180 days from the date of closing, or other such event as identified in the Arbitration Manual. (For purposes of processing arbitration requests, \u201cfiled\u201d means \u201creceived at the Board office.\u201d)[\/vc_column_text][\/vc_column][\/vc_row][vc_row equal_height=”yes” content_placement=”middle”][vc_column width=”1\/2″][vc_row_inner][vc_column_inner width=”1\/4″][vc_single_image image=”494″ img_size=”100×100″ alignment=”right” css_animation=”left-to-right”][\/vc_column_inner][vc_column_inner width=”3\/4″][vc_custom_heading text=”180-Day Deadline” use_theme_fonts=”yes” css_animation=”fadeIn” el_class=”section-header”][\/vc_column_inner][\/vc_row_inner][\/vc_column][vc_column width=”1\/2″][vc_column_text]It is the responsibility of the \u201cComplainant\u201d (the individual who files the arbitration request) to make sure the request is delivered to the REALTOR\u00ae Alliance of Greater Cincinnati by the 180-day deadline.[\/vc_column_text][\/vc_column][\/vc_row][vc_row full_width=”stretch_row” equal_height=”yes” content_placement=”middle” css=”.vc_custom_1655403273700{background-color: #034355 !important;}” el_class=”section-dark”][vc_column width=”1\/2″][vc_row_inner][vc_column_inner width=”1\/4″][vc_single_image image=”530″ img_size=”100×100″ alignment=”right” css_animation=”left-to-right”][\/vc_column_inner][vc_column_inner width=”3\/4″][vc_custom_heading text=”Determination of Entitlement to the Selling Portion of a Real Estate Fee Cases” use_theme_fonts=”yes” css_animation=”fadeIn” el_class=”section-header”][\/vc_column_inner][\/vc_row_inner][\/vc_column][vc_column width=”1\/2″][vc_column_text]In cases involving determination of entitlement to the selling portion of a real estate fee, the REALTOR\u00ae Principal (Designated REALTOR\u00ae \/ Broker) is the party (Complainant or Respondent), that has the responsibility to participate in the procedure and must sign the form.<\/p>\n

REALTOR\u00ae non-Principals (managers\/agents) who have a vested financial interest in the outcome of the arbitration have a right to be present throughout the proceeding and to participate, yet are not considered to be parties.[\/vc_column_text][\/vc_column][\/vc_row][vc_row equal_height=”yes” content_placement=”middle”][vc_column width=”1\/2″][vc_row_inner][vc_column_inner width=”1\/4″][vc_single_image image=”529″ img_size=”100×100″ alignment=”right” css_animation=”left-to-right”][\/vc_column_inner][vc_column_inner width=”3\/4″][vc_custom_heading text=”Information on Filing an Arbitration Request” use_theme_fonts=”yes” css_animation=”fadeIn” el_class=”section-header”][\/vc_column_inner][\/vc_row_inner][\/vc_column][vc_column width=”1\/2″][vc_column_text]If you would like to request information on filing a request for arbitration:[\/vc_column_text][vc_btn title=”Email Us” style=”flat” shape=”round” color=”primary” align=”left” i_align=”right” i_icon_fontawesome=”fa fa-envelope-o” add_icon=”true” link=”url:mailto%3Aquestions%40CincyRealtorAlliance.com%3Fsubject%3DInformation%20on%20Filing%20an%20Arbitration%20Request|||”][\/vc_column][\/vc_row][vc_row full_width=”stretch_row” equal_height=”yes” content_placement=”middle” css=”.vc_custom_1655476695830{background-color: #034355 !important;}” el_class=”section-dark”][vc_column width=”1\/2″][vc_row_inner equal_height=”yes” content_placement=”middle”][vc_column_inner width=”1\/4″][vc_single_image image=”694″ img_size=”100×100″ alignment=”right” css_animation=”left-to-right”][\/vc_column_inner][vc_column_inner width=”3\/4″][vc_custom_heading text=”Earnest Money Arbitration Program” use_theme_fonts=”yes” css_animation=”fadeIn” el_class=”section-header”][\/vc_column_inner][\/vc_row_inner][\/vc_column][vc_column width=”1\/2″][vc_column_text]The Earnest Money Arbitration program was developed by the REALTOR\u00ae Alliance of Greater Cincinnati (RAGC) and Cincinnati Bar Association Joint Committee, which has been in effect since 1990.[\/vc_column_text][\/vc_column][\/vc_row][vc_row full_width=”stretch_row” equal_height=”yes” content_placement=”middle” css=”.vc_custom_1655403273700{background-color: #034355 !important;}” el_class=”section-dark”][vc_column][vc_row_inner][vc_column_inner width=”1\/2″][vc_custom_heading text=”Purpose of Program” font_container=”tag:h3|text_align:left” use_theme_fonts=”yes”][vc_column_text]The purpose of the program is to provide a public service for buyers and sellers of real estate who find themselves in a dispute over who is entitled to receive the earnest money that has been deposited with a RAGC member broker regarding a Contract to Purchase that does not close.[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”1\/2″][vc_custom_heading text=”Trained Volunteers” font_container=”tag:h3|text_align:left” use_theme_fonts=”yes”][vc_column_text]The volunteers who donate their time to facilitate this service are members of the RAGC\/CBA Joint Committee and the RAGC Arbitration Committee. They are trained in arbitration procedures and interpreting the contractual obligations of parties to real estate transactions.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner width=”1\/2″][vc_custom_heading text=”Provided Free-of-Cost” font_container=”tag:h3|text_align:left” use_theme_fonts=”yes”][vc_column_text]The service is provided at no cost to clients and customers of RAGC members as an alternative to small claims court or other legal proceedings.[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”1\/2″][vc_custom_heading text=”How a Request for Process Works” font_container=”tag:h3|text_align:left” use_theme_fonts=”yes”][vc_column_text]<\/p>\n