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 the best Tennessee real estate brokers & brokerages, your experience in navigating the ways of the Tennessee real estate market may just become easier!
Sneak Peek: Top Tennessee Real Estate Brokers
Here is a list of Tennessee real estate brokers that top our charts:
|Broker||Specializes in||100% Online||Customer Ratings|
|Daniel Demers||✔️ High-tech support|
✔️ Best user experience
|Susan Gregory||✔️ Selling & buying newly constructed homes||❌||Not enough reviews were found.|
|Geoffrey Ramsey||✔️ In person support||❌||⭐⭐⭐⭐⭐ |
What is a Real Estate Broker?
Real Estate broker is often confused with real estate agent and both are often used interchangeably. This is actually wrong. Both the terms have different definitions and have different jobs. Here’s a summary table highlighting the differences between the two:
|Real Estate Agents||Real Estate Brokers|
|Have basic real estate license||Have advanced real estate broker license|
|They have limited expertize related to real estate transactions. |
Helping in offers and counter offers, completing paperwork, etc. are some of the features their job requires.
|Real Estate Brokers have additional expertize compared to a real estate agent involving – drafting purchase agreements, contract review, escrow arrangements, etc.|
|Real Estate Agents are not licensed to start their own brokerage||Brokers can start their own brokerage when compared with the real estate agents|
- 💡 FACT: Real estate agents need to work with a real estate broker to gain required experience to become a broker. They usually don’t work independently. When a real estate agent passes the broker license exam, they become a licensed real estate broker.
» SAVE: There is another term used frequently in the real estate industry apart from real estate agents and real estate brokers i.e. Realtors. A Realtor is a real estate broker or agent who is a member of National Association of Realtors (NAR) and strictly follows NAR code of Ethics.
Tennessee Real Estate Broker Commission
The average real estate commission in Tennessee is typically 6% of the sales price. It is typically split evenly (50-50) between the seller (listing) and the buyer agent.
Here is the breakdown:
|Total Listing Commission||Listing Agent Commission||Listing Broker Commission|
|Total Buying Commission||Buyer’s Agent Commission||Buyer’s Broker Commission|
It is important to note that a real estate broker or agent may work for a brokerage, known as an affiliate broker. In such a case, the commission is split with the brokerage as well. Different brokerages have different split percentage criteria.
» MORE: Will real estate commissions keep falling sharply in 2023?
💲 Save 3% Listing Fee by Selling as FSBO
Save thousands in commission by listing on the MLS with Houzeo Technology!
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Reviews: Top Tennessee Real Estate Broker
Dan Demers, Houzeo Affiliate
Dan Demers provides an unbeatable combination of best-in-class savings, cutting-edge technology through Houzeo, and 5-star customer support. Skip the hassle, and begin listing paperwork on Houzeo.com.
👨💼 About: Daniel (Dan) Demers is Houzeo’s partner listing broker, and has 13+ years of experience practicing the flat-fee MLS model. Past sellers appreciate Demer’s responsiveness, politeness, honesty, and the virtual full-service real estate agent services offered at a low commission.
Demers spent several years with Keller Williams before leaving the traditional real estate practice in favor of the “flat fee MLS” model. He founded Sell Your Home Services to offer MLS listing packages for a one-time, flat rate.
Demers uses Houzeo’s technology to help home sellers save their hard-earned equity at a fraction of the cost they’d incur traditionally.
🏡 Annual Sales Volume: 314 sales in 2021, Demers closed $153M.
🤝 Affiliations: Daniel Demers is a Houzeo Partner, as a listing broker.
🏢 About: A tech-centric company, Houzeo is building cutting-edge tools to simplify the home selling experience and make real estate convenient for homeowners. Founded in 2017, the company is disrupting the flat fee MLS model with world-class technology and aims to build “America’s Super Real Estate App.”
💰 Affordability: You can work with Daniel Demers at a flat fee, usually $349, and avoid paying the traditional 3% listing agent commission. You get access to great technology for finishing the comprehensive paperwork, while the listing broker handles the legalities.
» SAVE 20%: Use coupon code “SAVE20” to save 20% more while listing with Dan on Houzeo.com
As a Houzeo Partner Broker, Demers has access to innovative tools designed to make home selling efficient. When home sellers list via Houzeo.com, they can leverage the Houzeo Advantage.
Let’s look at the “Houzeo Advantage”:
- IntelliList Listing Management System: Lets you manage your listing 100% online.
- Lightning Fast Listing & Changes: Houzeo is 100% online. Listing can happen in under 60 minutes and any MLS listing changes are updated quickly.
- Houzeo Showings: Manage showing appointments online.
- Houzeo Offers: All offers are summarized online. You can view and compare offers, or counter any offer. In a multiple-offer situation, you can also call for the highest and best offers.
- Buyer Search: Buyers can contact you directly on Houzeo.com instead of going through a real estate agent.
- Houzeo Settlement Agent Platform: Guides you in ensuring the successful closing.
- Digital Transaction Management
- Houzeo ID Secure
- Pro Directory
- Houzeo Buyer Lead Manager
- Houzeo Mobile App: All features are at your fingertips with Houzeo mobile apps for iOS and Android.
📲 Interested to list with Houzeo? Houzeo is 100% online so you can finish the paperwork in <60 mins with a few clicks. Start NOW!
Home sellers love working with Daniel and he has a 5 Star rating on Houzeo.
Daniel Demers serves throughout the state of Tennessee.
- 💡 FACT: You don’t need to be a real estate broker to access Houzeo technology, and can list on the MLS within 8 business hours. Get started here to sell FSBO with Houzeo!
Susan Gregory, Parks Real Estate
BEST FOR NEWLY CONSTRUCTED HOMES
👩🏽💼 About: Susan Gregory joined Bob Parks Realty in 2000. She has continued to work successfully with custom builders on new construction, resales, and buyers relocating to the area. Susan is a consistent Multi-Million Dollar producer, who specializes in the Nashville area and surrounding counties.
💰 Sales Volume: 92M
🏆Certification: She holds certifications in New Homes Sales Professional training, Luxury Home Marketing Professional, and Accredited Buyer’s Representative Training (ABR). She is consistently one of the top Realtors in Middle Tennessee. She is recognized on the nationally ranked “Real Trend” top agents list.
🤝 Affiliations: Susan Gregory is affiliated with Parks, a real estate company located and operating in Tennessee.
Parks Real Estate
🏢 About: Based in Tennessee, Parks was established 45 years ago. It boasts excellent customer service and ranks among the top real estate companies on the Realtrends chart.
- Consistent Multi-Million Dollar Producer
- Recognized on nationally ranked “Real Trend” top agents list
- Featured consistently in the Top 25 Realtors of Middle Tennessee in The Nashville Business Journal
- Top Residential Professional for the Brentwood Office at Bob Parks Realty (out of 600 agents).
Not enough reviews were found.
Susan Gregory serves Brentwood, Franklin, Nashville, Spring Hill.
💲 You Don’t Need A Fancy Luxury Broker
You can sell your home yourself with Houzeo’s technology!
START YOUR MLS LISTING NOW
Geoffrey Ramsey, Real Estate Partners Chattanooga, LLC
BEST FOR IN-PERSON SUPPORT
👨🏽💼 About: Geoff Ramsey has been in the business since 1993 and is a licensed broker in both Tennessee and Georgia. He is a RE/MAX Properties Agent.
He has earned the designation of Certified Residential Specialist. His real estate focuses include new construction, residential resale, land development, and some commercial real estate.
Consistently one of the top 10 Real Estate Agents in the Chattanooga TN Area with annual sales of over 35 Million in 2016, 2017, 2018, and 2019!
Real Estate Partners Chattanooga, LLC
🏢 About: Real Estate Partners Chattanooga, LLC is a locally based, independent real estate company owned by Geoffrey Ramsey.
- Greater Chattanooga REALTORS® awarded Geoff the prestigious 2014 REALTOR® of the Year Award for his service to the Association and to the community.
- Geoff ranked in the top three of all RE/MAX agents in Tennessee.
- Geoff was elected to the Greater Chattanooga REALTORS®’ Board of Directors in 2015, serving as a two-year Director, followed by 2017 President-Elect and currently as 2018 President.
Geoffrey Ramsey has a 4.9 star- rating on Zillow.
He serves in Apison, Bakewell, Chattanooga, Hixson, Ooltewah, Ringgold, Signal Mountain, Soddy-Daisy, and Spring City.
💲 You Don’t Really Need A Real Estate Broker
You can sell your home yourself with Houzeo technology!
START YOUR MLS LISTING NOW
Difference between a Broker, REALTOR®, and Real Estate Agent
|Sr. No.||Defining Features||Real Estate Agent||Real Estate Broker||REALTOR®|
|1.||Explanation||A real estate professional possessing the license to assist people in buying, selling, or renting real estate.||A real estate professional having in-depth knowledge of the field, who has obtained a license after completing additional coursework beyond the agent level.||Real estate agents or real estate brokers can become realtors by becoming members of the NAR. They follow the NAR Code of Ethics and are held to a higher standard than real estate agents and brokers.|
|2.||Training||No additional training is required except the completion of the prelicensing coursework||Required to undergo additional training pertaining to contracts, insurance, taxes, and ethics||Same as a Real Estate Agent and/or Broker|
|3.||Eligibility||Required to pass the pre-licensing exam to obtain an agent’s license||Required to have some experience working as an agent and obtain a broker’s license after completing additional coursework||Same as a Real Estate Agent and/or Broker|
|4.||Mode of Operation||Real estate agents are required to work for a broker or a brokerage.||Brokers can either start their brokerage or work independently as agents.||Same as a Real Estate Agent and/or Broker|
|5.||Responsibility||Seller agents are required to help the seller price the property, host open houses, be present during the inspection, provide contract assistance, etc.||Brokers are required to oversee other agents working for them and hold other roles depending on whether they are a Principal Broker, Managing Broker, or Associate Broker.||Same as a Real Estate Agent and/or Broker|
- 💡 FACT: Anyone who is a member of the NAR is licensed to use the REALTOR® trademark as part of their name.
It is usually recommended to take the help of a local real estate broker when you are selling a house in Tennessee for the first time. This is due to the fact that a local agent would be aware of everything like the neighborhood, prices, and other important factors from the real estate perspective.
There are 3 options in the selling process i.e. using the help of a real estate broker, going FSBO, or using the Flat Fee MLS service. Selling a house with the help of a real estate broker may cost you around 6% as commission fees which are quite high. Next, selling a house by owner in Tennessee will require your full involvement, taking care of every aspect of the transaction.
The last method is using Flat Fee MLS services like Houzeo which is 100% online and makes most of the processes digitized. The platform takes care of many features like listing your house on MLS and other real estate websites, managing home showings, and counteroffers for a flat fee.
» Staging Homes Near Me: Check out what is home staging and how is it useful for you
Types of Licensed Tennessee Real Estate Brokers
|Types of Brokers||Description|
|1. Flat Fee MLS Brokers >||A flat fee MLS broker has an upfront fee of $199-$999. They list your property on the MLS and provide customizable services on an ala carte basis. |
» MORE: Find Flat Fee MLS Brokers in America
|2. Flat Rate or Discount Brokers >||A flat rate or discount broker offers all the services of a traditional broker for a discounted flat rate. This can range anywhere between $2000 to $8000. |
» MORE: Best Discount Real Estate Brokers in America
|3. Low Commission Brokers >||A low commission broker charges a lower commission than a traditional broker. Even if the buyer agent commission remains standard, their listing broker commission ranges between 0.5% - 1.5% of the selling price. |
» MORE: Low Commission Brokers in America
|4. Virtual Full-Service Brokers >||Virtual full service brokers provide all services from listing, documentation, negotiation, showings, to closing 100% online. They may have a set upfront fee or a commission. |
» MORE: Fine Your Virtual Full Service Partner Brokers
|5. Traditional In-person Brokers >||A traditional in-person broker is a real estate professional that provides all services for the buyer and seller for a commission of 3%-6%. Luxury real estate brokers may charge more than 6%. |
» MORE: Know About How to get Preapproved for a Mortgage
How to Find The Best Tennessee Real Estate Broker?
It is not easy. Simple! You will need to be methodical and will have to do a thorough research and analysis for the process. Taking recommendations from friends and family can be a good option, but the final decision will rest on you.
Here’s what you can do to find the right real estate broker In Tennessee:
|💻 Use Zillow or REALTOR.com to find the brokers in your specific area. Check their expertise and skills before making a decision.|
|⏲️ Consider the basics of real estate transactions and evaluate costs, time, and efforts. Post that you can visit the profile of brokers to understand if they fit the bill.|
|👱 National brands offer nationwide coverage, but service quality may not be guaranteed in each office. You will be yet another lead in the marketing funnel while a real estate agent is assigned for your listing.|
Choose a local real estate broker and you could substantially save on time and efforts. However, real estate commissions still remain questionable and depend on the work done by the real estate broker.
|💰 Flat Fee MLS listing services like Houzeo are a great way to save time. If you are going FSBO, then Houzeo could prove to be a great option for you. It is a 100% online platform that makes the comprehensive listing paperwork and other processes seamless.|
💲 Save 3% Listing Fee by Selling FSBO
Save thousands in commission by listing on the MLS with Houzeo Technology!
START YOUR MLS LISTING NOW
Sneak Peek: Top Tennessee Brokerages + Companies
|Brokerage/Company||Specializes in||100% Online||Customer Ratings|
|Houzeo||✔️Flat Fee MLS|
✔️Virtual full service
|RE/MAX||✔️ Best franchisee network||❌||⭐⭐⭐⭐ |
Reviews: Best Tennessee Brokerages and Companies
Houzeo: Best Flat Fee MLS Platform
🔥 BEST OVERALL
Houzeo is not a brokerage.
Rather, Houzeo is a tech company that thrives to ease the real estate transaction process for American home sellers. More than $ 3.5 billion worth of properties were listed on Houzeo.com in 2021.
Houzeo provides an unbeatable combination of maximum savings, cutting-edge technology, and 5-star customer support.
Houzeo is the most popular and competitive platform for sellers looking for full-service affordable real estate companies that will give maximum savings with minimum real estate agent interaction. Also, Houzeo is considered to be the best Flat Fee MLS and FSBO provider in the US real estate market.
💰 Save Thousands on Commission: Houzeo is an advanced tech platform that allows home sellers to list their homes on the MLS for a small flat fee, working with a listing agent who doesn’t typically charge a commission. This saves you almost 50% of the agent commissions right away.
⚡ Package Customization: You can customize the packages as per your requirements and even opt for services like contract review, pricing assistance, professional photography, and more as per the requirement.
📱 Enjoy Cutting Edge Technology: Home sellers, after registering, get access to an exclusive seller dashboard where they can receive, review, and compare offers. The platform also allows features like contract updates, counteroffers, home showings, lockbox, yard signs, and more.
⭐ 5 Star Reviews: With superior reviews on Google and Trustpilot, Houzeo is also the most advanced For Sale By Owner (FSBO) platform in the United States.
🎈 Coverage: Houzeo has a nationwide presence
🏆 Best For: Zero hidden fees, MLS exposure, 100% automated process, Listing within 8 business hours with Houzeo Concierge, Buyer leads directly shared with the seller, Counteroffer feature, and Affordable full-service packages`
No other real estate company comes close to offering such features.
- Nationwide coverage
- Listings get syndicated to Zillow, Realtor.com, Trulia, Redfin, and 100s of other sites
- Quick listing (within a day with concierge)
- Savings on commissions
- 100% online – easy listing, fast changes, online showings, and online offers
- Mobile app availability
Houzeo has a 4.9 out of 5 rating on Houzeo.com & Trustpilot.
Houzeo is available nationwide.
BEST FRANCHISEE NETWORK
🏢 About RE/MAX LLC.: 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.
Each RE/MAX franchise is owned and operated independently by some of the world’s most productive agents. The company was established with a “maximum commission” concept.
It means that real estate agents keep nearly all of their commissions and pay their broker a share of the office expenses rather than paying their broker a share of the commission of each sale, which is what happens in conventional real estate.
🏡 Annual Sales Volume in 2021: Undisclosed.
💰 Affordability: Working with a full-service broker from RE/MAX will cost you 6% traditional broker commission. Consumers can avail of discounted rates, but we don’t have any hard data.
In contrast, with a flat fee MLS platform like Houzeo.com, you can list your house on the MLS yourself and avoid paying hefty commissions.
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 3.6 out of 5 on Consumer Affairs.
RE/MAX operates globally and offers statewide coverage in Tennessee.
Alternatives to Tennessee Real Estate Brokers & Brokerages
Apart from the real estate brokers and brokerages, you can take other routes as well for your real estate transaction in the state of Tennessee:
|📈 Sell FSBO with Flat Fee MLS||Going FSBO with Flat Fee MLS service in Tennessee gets you on the local MLS and the listing also gets syndicated to other real estate websites like Zillow, Trulia, Redfin, Realtor.com, etc. which increases the chances of the exposure of your listing.|
With FSBO/Flat Fee MLS platforms like Houzeo, you can get multiple offers and also compare the highest and the best offers from potential buyers. There is an opportunity to negotiate the sale price, closing costs, etc., and save substantially in commissions by choosing a Flat Fee MLS platform or low commission real estate agent.
One more way is that you can take help of Tennessee discount real estate brokers to save on commissions.
» MORE: Flat Fee Listing Tennessee
|📲 Take Help of iBuyers||iBuyers are instant buyers. These companies have created a level-playing field with full cash offers and technologically advanced platforms. Tennessee too have options of iBuyers. The important point is that you get a reasonably fair cash offer instantly, and you can close within a matter of a few days.|
» MORE: Top iBuyers in 2023
|🤑 Companies Buying Houses for Cash||If you are not ready to spend thousands of dollars on repairs or closing costs, then you can choose “we buy houses for cash” companies. These companies help sell your house fast for cash, but they’ll pay pretty less i.e. 30% to 70% of your home’s market value.|
» MORE: Companies that Buy Houses in Tennessee
💲 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
Tennessee Real Estate Brokers & Brokerages: Is 3% Listing Fee Worth It?
The Flat Fee MLS models catering companies like Houzeo make a lot of difference when it comes shelling out big bucks. With Flat Fee MLS comapny like Houzeo you can list your house by owner in Tennessee at a small flat rate. This means that you don’t have to spend 3% commission.
The comprehensive paperwork that comes with listing a house has been intuitively digitized on Houzeo, and you can finish all listing formalities in under is 1-2 hours max.
» Pro Tip: If you feel lost or need additional assistance during the process, you can check with our 5-Star Customer Support team.
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 platform in the United States.
What is Houzeo?
An overview of what the platform is all about
» NEED MORE CLARITY? Read these exclusive Houzeo reviews and learn why it is one of the best FSBO websites in America.
Frequently Asked Questions (FAQs)
What is an affiliate broker in real estate?
An affiliate broker is someone who works for another broker but does not operate a brokerage of their own. The commission they earn is usually split between them and the brokerage they are affiliated with.
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