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Real Estate Contract Disputes. A way to get rid of lengthy court cases and have your dispute over real estate contracts settled is by using arbitration. Arbitration is a quick and cost-effective solution to court. A neutral third party settles the dispute , instead of taking it to trial. In the event that both parties agree to reach a compromise the arbitration process can save time as well as money. It could be beneficial that you include an arbitration clause within your contract for sale. In the absence of arbitration, mediation may be the best option for you.