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Procuring Cause

Procuring Cause may be defined as:

"The cause that results in the attainment of a stated goal". In real estate it would take on the meaning of the real estate agent or broker who, by their actions in producing a buyer, brought about the sale of a property. While a number of definitions of procuring cause exist, and several factors may ultimately enter into any determination of procuring cause, for purposes of arbitration conducted by associations of REALTORS®, procuring cause can be readily understood as the uninterrupted series of causal events, which results in the successful transaction. Or, what "caused" the successful transaction to come about. Many REALTORS®, executive officers, lawyers and others have tried, although unsuccessfully, to develop a single template that could be used in all procuring cause disputes to determine entitlement to the sought-after award without the need for a comprehensive analysis of all relevant details of the underlying transaction. Unfotunately there is no "typical" real estate transaction any more than there is a "typical" REALTOR®.

DOWNLOADS:  Factors Considered By Arbitration Panel

 

 

 

 

 

 

 

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