Agency
In Tennessee, a buyer's agency agreement typically provides that the buyer's agent receives compensation:
AOnly from the buyer directly
BFrom the seller through the listing broker's commission, or from the buyer if no cooperative compensation is offered✓ Correct
COnly from TREC's education account
DFrom both parties equally regardless of the transaction
Explanation
Buyer's agent compensation is most commonly paid by the seller through the listing broker's commission split. If the listing broker offers no cooperative compensation, the buyer's agency agreement may require the buyer to compensate their agent directly.
Related Tennessee Agency Questions
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