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. And, if you’re working with a Flat Fee MLS , 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 help connect you with top-rated agents in your area who will provide you with a competitive quote for their services. Connect with top real estate agents right now!
How to Find a Real Estate Agent
In order to find a real estate agent that’s a good fit for you, it’s important to do your research. Here are a few things to keep in mind:
- Ask for recommendations from friends and family who have recently bought or sold a home.
- Check out online reviews of local agents.
- Meet with multiple agents to get a feel for their personality and see if you click.
- Ask each agent about their experience, marketing strategy, and what they would do to sell your home.
- Make sure you’re comfortable with the agent’s commission rate before signing anything.
The best way to find a great real estate agent is to get personal recommendations from people you trust. If you don’t know anyone who has recently bought or sold a home, you can check online reviews of local agents. Once you’ve found a few agents that look promising, meet with them to get a feel for their personality and see if you click.
Be sure to ask each agent about their experience, marketing strategy, and what they would do to sell your home. It’s also important to make sure you’re comfortable with the agent’s commission rate before signing anything.
How FastExpert is Better
At FastExpert, we make it easy to find a great real estate agent in your area. We have a team of experts who will work with you to find an agent that fits your needs and budget.