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13 min read Jan 23, 2023

Top Real Estate Companies in Tennessee (2023 Updates)

real estate companies in tennessee

Home prices in Tennessee are seeing a steady rise, having grown 27.1% in the last year itself. Accordingly, sellers can list their property competitively and get better offers than other properties in their areas. With the help of real estate companies in Tennessee, your experience in navigating the ways of the Tennessee real estate market may just become easier!

Sneak Peek: Top Real Estate Companies In Tennessee

CompanyKey Highlights100% Online Customer Reviews
Houzeo✔️ Most advanced tech
✔️ Maximum savings
✔️ Stellar customer reviews
✔️ Quick listing changes
4.9/5
(2873 reviews)
RE/MAX✔️ Best Franchisee Network3.5/5
(50 reviews)
Coldwell Banker✔️ Most Successful Investors4/5
(138 reviews)
Compass✔️ Best For In-Person Support & Tech3.9/5
(114 reviews)
Keller Williams✔️ Franchise Network + Tech Tools1.8/5
(115 reviews)

What Is The Average Real Estate Commission In Tennessee?

The average real estate agent commission in Tennessee is about 5% to 6% of the selling price. It varies according to the region, type of property being sold as well as the representative agent.  It is usually the responsibility of the seller to pay both the listing and buyer agent commission. This commission is then split evenly between the listing agent and the buyer’s agent.

    💡 SAVE ON COMMISSION FEES: You can finish all listing formalities with Houzeo’s 100% online technology within 60 mins and save the 3% listing agent commission. Get started here and use code “SAVE20” to avail an exclusive 20% discount on Silver+ packages

» More: Why are real estate agent fees declining?

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Reviews: Top Real Estate Companies In Tennessee

Houzeo

🔥 BEST OVERALL

Houzeo.com

logo image
  • Listing fee: $349
  • Available nationwide
  • 5 Stars 4.9/5.0 (4,055 reviews)

Why Houzeo is #1: Houzeo provides the best combination of max savings, max exposure, cutting-edge tech, and 5-star customer service.

Houzeo for Home Sellers:

  • Affordable Flat Fee: Save thousands in real estate commissions with Houzeo’s flat fee MLS packages. You can save more if your buyer is also unrepresented by an agent.
  • Cutting Edge Technology: Houzeo’s technology is seller-centric, meaning that it is designed to simplify the complex process of listing a house. Houzeo is 100% online, which makes listing a home easy and quick.
  • Virtual Full Service: Sellers can avail the services of a traditional real estate agent if they need help navigating through the selling process.

Houzeo for Home Buyers:

  • Connect directly with the Seller: Buyers can explore For Sale By Owner properties on Houzeo and directly make an offer, without having to go through a realtor.
  • Hi-tech Tools: Houzeo’s Closing Cost Calculator is also available to buyers. Additionally, buyers can schedule visits through the Houzeo mobile app.
  • Buyer’s Rebate: Houzeo.com also offers buyer’s rebate. This rebate can then be used towards the closing costs.

👉 Our Take: Houzeo.com is our top pick because it delivers an unbeatable combination of savings, tech features, and service of any low commission real estate company we’ve reviewed.

» Houzeo Reviews: Check out why Houzeo.com is your best bet for maximizing your home equity.

  • Near Nationwide Coverage: Houzeo covers 47 states + DC.
  • No Listing Agent Commission: With Houzeo, you only pay a small flat fee to get access to the MLS and all the Houzeo tech
  • 100% online: Easy listing, fast changes, online showings, and online offers
  • Max Exposure: Listings get syndicated to Zillow, Realtor.com, Trulia, Redfin, and 100s of other real estate sites
  • Fast Listing: Rush listing option gets you listed within a business day with Houzeo Concierge. This is best to sell your house fast.
  • Real Estate On the Go: Houzeo Mobile App mimics most functionality of the Houzeo web platform, including Offers and Showings
  • 5-Star Customer Service: Superb support that minimizes Houzeo complaints
  • No Hidden Fees: There are no Houzeo hidden fees

» Is Houzeo Legit: Learn more about Houzeo.com’s locations and services

Houzeo has a 4.9 out of 5 rating on Google & Trustpilot.

 

Houzeo is available nationwide.

RE/MAX

BEST FRANCHISEE NETWORK

RE/MAX

REMAX Logo
  • Founded in: 1973
  • > 22 years of experience
  • 3.5/5 (50 reviews)  

🏡About: Founded in 1973 in Denver, CO, RE/MAX (short for Real Estate Maximums) is the leading global real estate franchisor and a subsidiary of RE/MAX Holdings Inc. With millions of agents in 115+ countries & territories under its hood, RE/MAX is the world’s best franchise-operated real estate company.

For Home Sellers:

  • Marketing: They have advanced marketing and digital strategies that can help drive more traffic to your listing.  They offer cutting edge technology, comprehensive marketing strategies to help streamline the process.
  • Online listing: Online listings feature information specific to each property and property images that gives potential buyers an instant preview.

For Home Buyers:

  • Interactive Map Search: The map search available on the RE/MAX website helps view homes located in or near the area you desire and helps learn more about the communities you are interested in, including a breakdown of the local population, school ratings and more.
  • Re/MAX agents: They can help you to determine your buying power how much you can afford, how much you should put towards a down payment, and can walk you through loan options and other costs or fees associated with purchasing a home.

👉 Our Take: RE/MAX (Real Estate Maximums) is a well-known real estate company in the world. RE/MAX, which has more than 125,000 agents across the country, was named the top real estate brokerage franchisor by the Franchise 500 for the year 2020.

» Selling A House As Is: A Step-By-Step Guide for Home Sellers

All RE/MAX franchisee operators and agents can leverage the RE/MAX tools suite and resource center, MAXCENTER as an affiliate agent. RE/MAX has cutting-edge tools for their real estate professionals, but we couldn’t find the nitty-gritty details of their exclusive tech stack.

RE/MAX has an average rating of 3.5 out of 5 on Consumer Affairs.

RE/MAX operates globally and offers statewide coverage in Tennessee.

Coldwell Banker

MOST SUCCESSFUL INVESTORS

Coldwell Banker

coldwell banker adv
  • Founded in: 1906
  • No online tools for sellers
  • 4 Stars 4/5 (138 reviews)

🏡About: Founded in 1906 out of the golden state, Coldwell Banker has changed the way people buy and sell homes in North America. They give sellers a variety of free tools, including a home value estimator, local market data, and fast cash offer alternatives.

For Home Sellers:

  • Marketing: Coldwell Banker can help you determine a marketing strategy with the help of increased accuracy of market knowledge, advanced pricing tools, and access to comprehensive housing data.
  • Local Agent: Agents with local expertise help you learn more about the current state of the housing market so you can price the house right to attract buyer interest.

For Home Buyers:

  • Financing: From down payments to mortgage prequalification to understanding the type of house that will meet your needs and satisfy your wants, Coldwell Banker can help you make sure have your financial ducks in a row when preparing to buy a house.

👉 Our Take: Coldwell Banker has been recognized as a real estate leader in customer experience and overall quality. Their Full Service Marketing System shows that they are reliable, professional, and committed to providing a level of service that goes above and beyond what their customers expect.

»How to Sell My House Fast in Tennessee? Here’s what You can do

For every transaction, real estate agents affiliated with Coldwell Banker are supported by the extensive resources and the global reach of the Coldwell Banker® brand.

Let’s look at the “Coldwell Banker Agent Advantage”:

  • Coldwell Banker Suite of Technology: Innovative products for agents ranging from big data solutions to helping them price properties and identify buyers, marketing luxury properties, etc.
  • Coldwell Banker eMarketing Center
  • Listing and Post-Listing Presentations
  • Enhanced Listing Syndication tools
  • Calendar of Events
  • Single Sign-on
  • Email integration via MS Office 365 or Gmail
  • DocuSign Rooms and ZipForm Plus

Coldwell Banker has an average rating of 4 stars out of 5 on Consumer Affairs.

Coldwell Banker operates globally and offers statewide coverage in Tennessee.

Compass

BEST FOR IN-PERSON SUPPORT & TECH

Compass Real Estate

compass_200x90
  • Founded in: 2012
  • 3.5 Stars3.9/5 (114 reviews)

 🏡About: An American licensed real estate company, Compass (formerly Urban Compass), is the first company to have built a proprietary mobile app for real estate agents. Compass agents utilize the Internet as a marketing medium, get access to a globally elite network of real estate professionals, and avail of best-in-class technology.

For Home Sellers:

  • Compass Concierge: Exclusive to Compass, our Concierge program fronts the costs of services that can increase the value of your home. From staging, to painting, to cosmetic renovations, there will be no payment collected until your home sells.
  • Increased Exposure: Working with our in-house marketing and advertising agency, your agent will target the right audience across the most effective channels. Our cohesive brand identity will elevate the style and story of your home

For Home Buyers:

  • Tech: Its a proprietary platform with the smartest tools paired with the industry’s top talent to make the search experience intelligent and seamless.
  • Private Listings: Compass is known for its Compass private exclusives section of listings. These are homes that aren’t on the open market but are available to buyers who work with a Compass agent. Because they aren’t advertised, they are cheaper. Uneven market conditions may favour a private exclusive.

👉 Our Take: Compass Real Estate operates similarly to any other traditional real estate company when it comes to selling your home. Their agents will handle every aspect of your sale, including marketing, holding open houses, fielding offers, negotiating, and finally closing with you.

» How to Flip a HouseThe ONLY guide beginners NEED!

Compass is the first company to revolutionize the real estate market by using technology. These tools help Compass agents evaluate properties, price homes accurately, identify the best time to list, and connect agents to elite professionals globally.

Let’s look at the “Compass Agent Advantage”:

  • Luxury Network: Access to a proprietary database of high net-worth sellers and buyers compiled over 20 years.
  • Best-in-class Technology: Compass’ suite of tools helps price properties more accurately, the best time to list, etc.
  • Compass Collections: The app allows users to create collections of properties they desire. Then it notifies the user with real-time alerts on price changes, etc. Clients can also push notifications to family members to view and comment on their collections. Listing agents get the chance to coordinate viewings easily.
  • Marketing Center: A marketing department in itself, this space is preloaded with marketing collaterals for ads, social media, etc.
  • Compass Markets: An real-time iOS app that shows historical trends of the housing markets for up to five years.
  • Compass CRM: Streamlines communication between consumers and Compass agents. By leveraging AI, the tool can also provide insights to agents, for example, which properties are the consumers most likely to buy.

Compass has a 3.9-Star rating on Google.

Compass operates globally with statewide coverage in Tennessee.

Keller Williams

FRANCHISE NETWORK + TECH TOOLS

Keller Williams Realty

CA RE Companies - Keller Williams Realty Logo
  • Founded in: 1983
  • > 22 years of experience
  • 2stars 1.8/5 (115 reviews)

🏡About: Keller Williams is a Texas-based company operating throughout the USA. It is the world’s largest real estate technology franchise by agent count. It has more than 1,100 offices and 200,000 associates. The brand has a technology-driven, education-based culture.

For Home Sellers:

  • Experienced Agents: With Keller Williams, you’ll work with experienced real estate agents from listing to closing. Keller William’s real estate agents specialize in selling homes in all aspects of the process from pricing and staging to finding the right buyer.
  • Technology: Keller Williams ensures a smooth real estate experience with an ecosystem like the Keller Cloud, powered by AI and machine learning. Keller Cloud helps agents to prioritize sellers’ goals, maximize lead generation, and gather insightful data to produce a truly effective go-to-market strategy for home-selling.

For Home Buyers: 

  • Professional Assistance: You will be assisted by skilled and knowledgeable real estate professionals. The agent will preview homes on your behalf, negotiate for the best price, keep you updated with market trends, and work throughout the process of finding your dream home.
  • Advance Home Search: The technology of Keller Williams make the home search and buying an advanced experience for buyers. Technologies like State-of-the-Art, a management system of Keller Williams to track communication with every client help agents to better understand the buyer’s needs.

👉Our Take: Keller Williams Realtors is a well-known international real estate company that also happens to be the largest residential real estate firm in the United States of America. The brand has a culture that is agent-centric, technology-driven, and education-based, and it recognizes and rewards its agents for their contributions.

» Top Real Estate Agents: Connect with America’s top agents!

Agents affiliated with Keller Williams can leverage the Keller Williams Agent advantage. The Keller Cloud is a powerful suite of tools that harmonize smart business solutions for agents and smoother experiences for customers.[1]

Keller Williams has an abysmal rating of 1.8 out of 5 on Trustpilot. Since Keller Williams operates on a franchise model, it is ideal to verify the ratings of the office located in your city. For instance, Keller Williams Realty at Nashville has 4.2 stars rating on Google.

Keller Williams operates worldwide and offers statewide coverage in Tennessee.

Choose From The Best Real Estate Agencies in Tennessee

Before deciding to work with a real estate company or an agent, you should review and research Tennessee’s housing market trends.

1. For Home Sellers

Whether it’s selling a house in Tennessee or buying one, approximately 92% of homes get sold by using the services of a real estate agent or broker. Naturally, it makes the selection of the most qualified agent critical to a successful real estate transaction.

ParametersDescription
1. InquireWhen choosing a real estate broker or agent, inquire about their knowledge of the local market and your property type.
2. Marketing strategyQuestion the marketing strategy, methods of communication, references, and connections a broker has with other real estate professionals before making a decision.
3. Full-time ProfessionalMake certain to hire a professional who is available on a full-time basis.
4. GuidanceIdeally, a realtor will be able to guide you through the process of searching for and purchasing a house.
5. Local RealtorLocal realtors who work for themselves should not be dismissed. When compared to a larger real estate company, they may have more intimate knowledge of a community.

In addition to the questions listed above, there are several other factors to consider when hiring a real estate company or an agent.

Readily Available Agents or Brokerage: Choose a brokerage that deals with customers as per their schedule because this helps with the flexibility of showing time, staging a home, scheduling showings, etc.

Offer Suggestions: Pools, screened-in porches, and other desirable features are known to attract buyers to the area. They will advise on which rooms or features to emphasize or de-emphasize.

Similarly, ask the agent if there are any improvements you could make to the house to make it more desirable. The best agents will often make these suggestions without your input.

Local Expert: Hire or retain a local expert. These agents will also be aware of the typical selling and listing prices in the area.

» Tennessee Home Staging: Read further to learn more.

Other than that, ask a local brokerage or your friends and family if they know anyone who has sold many homes or businesses there. Also other ideas include looking through local Tennessee real estate publications to see which agents have the most listings.

🏡 WANT TO TRY FSBO IN TENNESSEE? Check out our guide to selling your house by owner in Tennessee

2. For Home Buyers

In contrast, an inexperienced agent may make things more difficult for you (and your wallet) than they need to be during the home buying process.

A specific set of abilities distinguishes the best real estate agents from the rest when it comes time to buy a house.

Point to RememberDescription
1. Good Communication Look for an agent who is a good communicator and can answer all of your questions about the home-buying process.
2. Reliable Experience When interviewing real estate agents, be sure to not only inquire about the length of time they have been in the business of buying and selling homes, but also inquire about their specific experience.
3. Strong Local Market Knowledge Each market is unique. In order to navigate the nuances of your local market, you'll need a real estate agent who is familiar with local market trends and patterns. Choose a real estate agent who has a track record of quickly placing buyers in homes (and getting them a great deal, too).
4. Positive Reviews Online reviews are a great resource when choosing a realtor. Read as many reviews as you can before choosing a real estate agent, and look for past clients who have only positive things to say about their experiences.
5. Personal Rapport Ultimately, you want a realtor you like. You'll be spending a lot of time together, so choose someone you enjoy being around and who truly understands your needs.

» Typical Closing Costs for Buyer in Tennessee: Read further to learn more.

3. For Real Estate Professionals

There are certain points you need to keep in mind while choosing the right real estate brokerage:

1. Commission Split:

Most realtors in Tennessee work on commission. You don’t get paid unless you sell. When you sell, you’ll split the profits with your broker. Brokers in Tennessee charge various commissions. (Some brokers do offer salaried positions, but they are rare.) While company culture, resources, market share, reputation, and support will all be important, you should choose a brokerage that offers you a commission split you can live with.

For Example: Let’s say you sell a $300,000 home, and the average commission in your area is 6%. And this 6% is split between the buyer and seller’s agents. Now you’re down to 3%, or $9,000. Then you must inform your broker. A 60/40 commission split means you get 60% of $9,000, or $5,400. Of course, this is pre-tax.

What’s a good commission split?

Commission split depends on your industry, your market, the broker’s support and resources, and more. Also, understand the split and how you can increase your percentage over time. Remember that some brokerages now offer real estate agents a salary and benefits package, so you may want to shop around if this approach appeals to you.

Here is an example of a commission split for 5 companies:

1. Keller Williams70 / 30
2. RE/MAX95/5, 80/20, 70/30, 60/40 (Capping system)
3. Century 2150/50, 70/30, 8% franchise fee (Capping system)
4. Coldwell Banker Real Estate50/50, 60/40, 70/30 (Capping system)
5. Compass50/50

2. Brokerage Culture

Before choosing a real estate broker, consider your work environment. How much coworker support do I need? Like other businesses, real estate brokerages develop a culture that guides their operations.

Are you looking for a family-oriented, small-town brokerage? Or do you prefer a big-box franchise brokerage that leaves you to your own devices? Is it a weekly get-together or a company caravan? The best way to learn about a company’s culture is to talk to employees or attend company events.

3. Reputation of the Company

Begin your research by performing a buyer-like Google search as you want a brokerage with a solid market presence and a good reputation as you can rely on them to find leads if they have a large market share.

The brokerage’s niche is also vital, and the right broker can triple your income. Moreover, your ideal niche will likely be a mix of your interests, lifestyle, and local opportunities.

4. A Franchise or Independent Brokerage

When choosing a real estate broker, consider whether you want to work for a franchise or an independent brokerage. Famous brokerages like RE/MAX and Keller Williams have offices nationwide.

A family-owned brokerage may have served a community for generations. However, franchises typically provide more support and training to their agents than independent firms.

Independent firms are usually small to medium-sized and based locally. Working for an independent broker gives you more freedom to run your business as you wish.

5. Receive Offer Support

For example, some brokerages provide extensive mentoring and free advertising. Other brokerages are merely stopgaps while you build your own business. Although you may attend an occasional sales training class or monthly brokerage meeting, you are on your own.

There are many variations between the two extremes, and it comes down to personal preference.

🏡 Sell FSBO and Avoid Paying 3% Listing Fee



Sell your home yourself and save thousands in commission with Houzeo Technology!


START YOUR MLS LISTING NOW

Top Real Estate Companies in Tennessee to Work for

A real estate company employs licensed real estate agents who represent local buyers and sellers. Based on commissions, fees, training, brand recognition, and marketing efforts, let’s review the 5 best real estate companies to work for in Tennessee.

1. Keller WilliamsAgents looking for a high commission structure as well as opportunities for continuing education
2. RE/MAXCustomizing commission splits and desk fees for established agents
3. Coldwell Banker RealtyMarketing, lead generation, and other tools for tech-savvy agents
4. eXp RealtyA virtual brokerage where professionals can have access to a wide range of online resources and tools.
5. Century 21Brokerage brand recognition is a priority for agents.

Sell Your Home In Tennessee With Houzeo

Top real estate agents have a pool of clients therefore working with the biggest real estate company has its pros and cons while trying to sell your home fast in Tennessee.

It is not necessary that a reputable brokerage may always provide excellent experience to the buyers and sellers. Generally realtors make a real estate company and are responsible for its popularity. That is why choosing the right realtor always makes a difference.

The other important aspect is the commission. Generally, the seller has to shell out 6% commission after the real estate transaction which is high. Many MLS Flate Fee TN companies have come up that provide similar services at a reduced cost.

With Houzeo, instead of paying the average listing rate of around 3% to the listing agent, you’ll only pay a flat fee which will save you not only thousands of dollars but also give you a great buying-selling experience.

Price ComparisonHouzeoOther Real Estate Companies
Listing Agent Commission / Fee$3495%-6%
Recommended Buyer Agent Commission2.5%2.5% – 3.0%
💰 With Houzeo, you save $12,000 more on an average U.S. home >> LIST NOW! <<

▶️ Click Here: What American Home Sellers Have To Say About Houzeo?

💲 You Know Your Home Better Than Any Real Estate Broker



Trust your gut, and sell your home yourself with Houzeo technology!


START YOUR MLS LISTING NOW

 

Final Word: Top Real Estate Companies in Tennessee

Traditional real estate companies are losing the war against flat fee MLS models with disruptive technology tools like Houzeo.com. In 2022’s unusually hot seller’s market, you should explore all options before deciding to sell with a real estate company.

Why pay 3% of your hard-earned equity in 2022 for MLS exposure if you can list your house for a flat rate?

The seemingly endless listing paperwork has been intuitively digitized in Houzeo so that you can list your house on the MLS with minimal clicks, usually under 60 minutes.

If you feel lost or need additional assistance during the process, you can check in with our 5-Star Customer Support team.

What does Houzeo Offer? – A Quick Glimpse

💻 Cutting-edge Technology: Houzeo’s tech-centric broker partners charge just the upfront flat fee, and no commission for all DIY plans (except in minimum service states)
👩🏻‍💻 Control Over Sale: Offers typically are routed to the brokers. Houzeo’s Offers Platform allows your broker to present the offer to you instantly
💰 Houzeo Offers Platform allows sellers to Counter an Offer and Request Highest & Best Offers Online
📱 Houzeo Showings is available both on Houzeo’s website and on the Houzeo mobile app (learn more)
🕛 5-Star Customer Support is available only on weekdays up to 1 pm and only in select MLS’. After you’ve purchased the Gold or Platinum plans, email support@houzeo.com with the subject line “Expedited Listing Request: “. Service is free for Gold and Platinum plan customers

Eager to Know How Houzeo Works?

We’ve got you covered. Check out the following video to understand how Houzeo works and why it is the best FSBO and Flat Fee MLS Tennessee platform.

What is Houzeo?

An overview of what the platform is all about

Start Your MLS Listing NOW!

» NEED MORE CLARITY? Read these exclusive Houzeo reviews and learn why the platform is the best in America’s competitive housing market.

Resources for Selling Your Tennessee Home

What Are the Seller Closing Costs in Tennessee?

Are you finding it hard to understand what are the seller closing costs in Tennessee? Here’s our guide to making your house selling endeavor easier!

Best Companies that Buy Houses for Cash in Tennessee

Are you looking to sell your house in Tennessee? Here are the best companies that buy houses for cash in Tennessee. Check who’s the best

What are the Seller Disclosure Requirements in Tennessee

It’s crucial to understand your rights either as a buyer or seller. Learn more about the seller disclosure requirements in Tennessee here.

Frequently Asked Questions

How much does a realtor make in Tennessee?

A REALTOR usually takes about 6% commission on an average. This commission is split between a buyer's agent and listing agent equally.

Also Read

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