Saves money:
- You save the costs associated with filing an eviction case that is likely to become contested (filing fees and attorneys’ fees)
- You prevent the cost of advertising for a new tenant and making repairs or renovations to prepare the property for a new tenant
- Your income remains steady without a lapse in rental income while trying to locate a new tenant
- Mediated agreements, which are voluntary, are much more likely to be honored by both parties
Saves time/minimizes stress:
- Avoid an eviction action which can take months of your time
- Avoid time spent working with lawyers to resolve disputes between tenants and devote that time to growing your business
- No time devoted to preparation for contested hearings
- Avoids the uncertainty and stress of going before a judge
- End your case with the certainty that you have an agreement in place