Arkansas Realtors Association sued for over $375,000
Real Forms, a software company based in Springdale, filed suit against the Arkansas Realtors Association (ARA) in Washington County Circuit Court in Fayetteville on Wednesday.
According to the complaint, Real Forms entered into a contract with the ARA in August to provide real estate contracts to Realtors throughout the state. The Springdale company alleges the ARA breached its five year contract with Real Forms — valued at a minimum of $600,000 — in violation of a clause that allowed programmers a certain amount of time to fix any problems that cropped up with the custom-built application. Real Forms contends it was only told of the extent of any alleged malfunctions after the ARA terminated the contract and hired another company to produce the software.
The termination prompted Real Forms to file a breach of contract complaint against the ARA. A full copy of the file-marked complaint is located here. Real Forms claims the alleged wrongful termination of the contract has caused it to incur an operating loss in excess of $25,000 and future lost profits in excess of $350,000.
The complaint was filed on behalf of Real Forms by W. Asa Hutchinson III and Krista L. Hunter of the Asa Hutchinson Law Group in Rogers. As of Thursday, there was no proof on file that the ARA had been served with a copy of the complaint.
ARA spokeswoman Amy Glover-Bryant declined to comment on the litigation.
Benton resident. Rogue journalist. Recovering attorney. Email = Ethan@FirstArkansasNews.net.