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Updated almost 9 years ago on . Most recent reply
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Rental Property MUST be shown by agent in TN?
Hello BP,
I am looking at buying my first property a Quadplex in the Clarksville, TN area. I was speaking to the listing agent/property manager and she informed me that in the state of Tennessee a real estate agent must show a rental property (which is why they charged a new tenant fee for every placement). Even if I were to manage the property myself, I would have to pay a real estate agent to show the property to perspective tenants.
I can't seem to find anything on this. Does anyone with a bit more experience have any insight on this that they would be willing to share? Thank you for any help.
Richard
Most Popular Reply
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just to clarify. An owner/operator can show/negotiate and rent their properties. A PM company needs a lic agent to negotiate the rent but can show the property with an UN-licenaced person. they are not allowed to negotiate. They can make a phone call and ask- but not negotiate themselves,