What is the Average Real Estate Commission in Tennessee?
What is the Average Real Estate Commission in Tennessee?
Abstract
Paying a commission to a real estate agent is customary when selling a home in the U.S. In most cases, the seller will pay a commission to both their own agent and the buyer's agent. The standard commission is 6% of the home's sales price, but this can vary depending on the market and the agents involved. In Tennessee, the average real estate commission is 5.6%, above the national average of 5.5%, according to a poll of FastExpert agents. Of course, the commission you pay will ultimately be negotiable between you and your agent. If you're working with a Flat Fee MLS broker, you may be able to reduce the commission you pay even further. If you're selling a home in Tennessee, it's important to understand the average commission rate so you can make an informed decision about which real estate agent to work with. At FastExpert, we can Continued The post What is the Average Real Estate Commission in Tennessee? appeared first on FastExpert.