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What is the difference between an Ethics Complaint and an Arbitration Complaint?

April 26, 2017arbitration complaint difference Ethics

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What is the difference between an Ethics Complaint and an Arbitration Complaint?

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An ethics complaint is one which alleges a violation under the Code of Ethics. A copy of the code of ethics may be found www.realtor.org. In the event of contractual disputes or specific non-contractual disputes as defined in Article 17 between REALTORS® (principals) associated with different firms, arising out of their relationship as REALTORS®, the REALTORS® shall submit the dispute to arbitration in accordance with the regulations of their Board or Boards rather than litigate the matter.