Location: Tennessee
Submitted 08/20/12 03:27 AM

Q. What is the commission rate on land for realtors in Tennessee

 

Answer #1
Submitted 08/20/12 07:46 AM
Mike Frazier, Dyersburg Tn Real Estate (Carousel Realty of Dyer County): Agent in Dyersburg, TN Mike Frazier, Dyersburg Tn Real Estate (Carousel Realty of Dyer County)
Agent
Dyersburg, TN

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A.

Normally as high as 10% or as low as 6%.

Answer #2
Submitted 08/20/12 07:49 AM
Raj Singh (Better Homes and Gardens_ MASON-McDUFFIE Real Estate): Agent in Fremont, CA Raj Singh (Better Homes and Gardens_ MASON-McDUFFIE Real Estate)
Agent
Fremont, CA

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A. Commissions are never fixed in any state. You can always negotiate commissions if you are listing a property. Typically it's 5-6% of the sale price. Buyers never pay a commission to their agents as the listing broker shares that with the buyers broker out of his proceeds.

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