text: what is mediater and mediation? i'm in a bad (50%) business patnership & we have a appt. w/ a medator next week. i would like to buy her 1/2. however if she won't sell to me. i don't want to get lowballed. what can i do? what can happen ? what if nothing is resolved? then what? the mediation process and mediator is a person who is an uninterested party who assists both parties to come to a satisfying agreement.  counter offer, have facts and do your research prior to your meeting.   keep at it and don't give up.