Real Estate Commission for Tennessee (2026)
Tennessee (TN) Key Facts
Average Commission Rate
5.3%
Commission on Median Home
$16,430
Is Negotiable
Yes
Median Home Price
$310,000
Typical Split
50/50 between listing and buyer agents
How This Calculator Works in Tennessee
This commission calculator estimates the total real estate agent fees on a Tennessee home sale based on the sale price and commission percentage. It shows the dollar amount of the total commission and how it splits between agents. Use it to understand how much you will pay when selling a home in Tennessee and to compare different commission scenarios.
Tennessee Overview
The average real estate commission in Tennessee is 5.3%, totaling approximately $16,430 on the median home price of $310,000. Following the 2024 NAR settlement, commission structures have become more transparent, with buyers negotiating their agent's compensation separately. All commissions in Tennessee are negotiable—there is no legally mandated rate.
How Tennessee Compares
Tennessee's average commission of 5.3% is in line with the national average of about 5-6%. Neighboring North Carolina averages 5.3% and Virginia averages 5.3%. Commission rates tend to be slightly lower in expensive markets where the dollar amounts are already high, and slightly higher in more affordable markets.
| State | Top Rate | Notes |
|---|---|---|
| North Carolina | 5.3% | Average commission is 5.3%, which comes to $17,225 on the median home price of $325,000. |
| Virginia | 5.3% | Average commission is 5.3%, which comes to $20,140 on the median home price of $380,000. |
| Georgia | 5.5% | Average commission is 5.5%, which comes to $17,600 on the median home price of $320,000. |
The average real estate commission in Tennessee is 5.3%, in line with the national average of approximately 5-6%. On the median-priced home of $310,000, this amounts to $16,430 in total commission, typically split between the listing and buyer's agents.
Tips for Tennessee Residents
- 1The average total real estate commission in Tennessee is 5.3%, which amounts to $16,430 on the median home of $310,000. This is typically the seller's single largest transaction cost.
- 2Real estate commissions in Tennessee are always negotiable—there is no legal minimum or maximum rate. Following the 2024 NAR settlement, buyers now negotiate their agent's fee separately, increasing transparency for all parties.
- 3Since the 2024 NAR settlement, sellers in Tennessee are no longer required to offer buyer-agent compensation through the MLS. Buyers should discuss agent compensation upfront and consider signing a buyer-broker agreement that clearly states the fee structure.
- 4Discount and flat-fee brokerages are available in Tennessee and may charge 1-2% instead of the traditional listing fee. Weigh the savings against the marketing, negotiation, and support services a full-service agent provides.
- 5When calculating net proceeds from selling in Tennessee, subtract the commission ($16,430), closing costs (2-4% of sale price), and your remaining mortgage balance. This gives you a realistic picture of your take-home amount.