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FAQ: What can I do with my Tennessee affiliate broker license?

What can I do with my Tennessee affiliate broker license?

If you hold an affiliated broker license, you may earn a commission or other compensation by representing buyers and sellers in the listing, selling, purchasing, exchange, leasing, renting, or leasing option on any real estate, real estate improvement or timeshare. However, in all instances, you must be working on behalf of, or under contract with, a broker.

You may represent buyers and sellers of residential as well as commercial real estate. You do not need an additional license to sell commercial real estate.

You can also sell vacation lodging services if you simultaneously hold an affiliate broker license as well as a designated agent license.


Related Questions

What can I do with my Tennessee affiliate broker license?

If you hold an affiliated broker license, you may earn a commission or other compensation by representing buyers and sellers in the listing, selling, purchasing, exchange, leasing, renting, or leasing option on any real estate, real estate improvement or timeshare.

When is an affiliate broker license required in Tennessee?

An affiliate broker license is required to represent a buyer or seller in a real estate transaction, including listing, selling, purchasing, leasing, lease options and renting, and earn a commission for services rendered.

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