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Updated almost 9 years ago on . Most recent reply

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28
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6
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Richard Ryan
  • Mount Juliet, TN
6
Votes |
28
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Rental Property MUST be shown by agent in TN?

Richard Ryan
  • Mount Juliet, TN
Posted

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

User Stats

227
Posts
114
Votes
John Santero
  • Investor
  • Chattanooga, TN
114
Votes |
227
Posts
John Santero
  • Investor
  • Chattanooga, TN
Replied

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,

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