If you are involved in a real estate dispute, you may be able to mediate the issue rather than litigate it. While litigation does have benefits in certain circumstances, it’s not necessarily the right option for every type of dispute. It’s also costly and time-consuming, both of which mediation can help mitigate. Here’s what to know about mediating your real estate disagreement and how to get help from an experienced Fort Lauderdale real estate attorney.
Decide What You Want and What You’re Willing to Compromise On
Mediation involves compromise; there’s no way around it. However, you ideally want to compromise on issues that mean less to you than issues that mean more to you. Before you begin mediating your real estate dispute, write down what a perfect resolution would look like for you. What would be considered a home run?
Then, rank those in order of importance. After this exercise, the items at the bottom of the list should be issues that you are more willing to compromise on others. Naturally, don’t tip your hand and let the other side know that the items you suggest for compromise aren’t as valuable to you.
Be Willing to Consider the Other Side’s Proposal
Going into mediation negotiations with the idea that you’ll end up getting everything you want is simply unrealistic. The entire point of mediation is to resolve your real estate dispute without the hassle, time, and cost of litigation. This means you’ll need to listen to what the other side has to say and give their proposal serious consideration.
Even if it’s not something you want to hear or goes against what you were originally willing to compromise on, take time to think about how it might actually play out if you agreed. Would it be detrimental to you? Neutral? Or perhaps even beneficial?
Hire a Lawyer and a Mediator
A mediator is not a personal attorney and cannot give you legal advice about what is or isn’t in your best interests. They will not be able to lay out your options and give you the information needed to make important decisions about your real estate. However, a mediator does facilitate conversations between you and the other side and can help suggest potential compromises that may be amenable to both parties.
When mediating your real estate dispute, you should have both a personal attorney who represents you and a mediator who works with both you and the other party.
To get help with your real estate dispute, call Fort Lauderdale real estate attorney Joseph Hughes at (957) 256-5125.