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On Aug. 17, rules surrounding real estate commissions are set to change thanks to a legal settlement between the National Assn. of Realtors and home sellers. Proponents hope the new rules will ...
If the buy-side agent no longer is paid from the listing commission, then that means the buyer is responsible for paying their agent directly — a sum that would average about $10,000, based on a ...
The shared commission structure was set up in 1913 and appeared in the first Code of Ethics of the National Association of Real Estate Exchanges, which had been established five years earlier and ...
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The Tennessee General Assembly (TNGA) is the state legislature of the U.S. state of Tennessee. It is a part-time bicameral legislature consisting of a Senate and a House of Representatives. The Speaker of the Senate carries the additional title and office of Lieutenant Governor of Tennessee. In addition to passing a budget for state government ...
The Tennessee Department of Financial Institutions (TDFI) is a Cabinet-level agency within Tennessee state government, currently led by Greg Gonzales, Commissioner of Financial Institutions. The department is responsible for regulating Tennessee's banking system, including state-chartered banks and credit unions, and handling consumer ...
The Tennessee Historical Commission (THC) is the State Historic Preservation Office for the U.S. state of Tennessee. Headquartered in Nashville, it is an independent state agency, administratively attached to the Department of Environment and Conservation. Its mission is to protect, preserve, interpret, maintain, and administer historic places ...
It is possible to negotiate real estate commissions, but it ultimately depends on the individual agent's circumstances. Real estate commission rates used to typically total around 6 percent of a ...