Allow Real Estate Agent (Buyer's Agent) Commission Rebate in Tennessee
Allow Real Estate Agent (Buyer's Agent) Commission Rebate in Tennessee
Started
December 2, 2020
Petition to
Tennessee State Governor Governor Bill Lee
Signatures: 35Next Goal: 50
Support now
Why this petition matters
Started by Felix Homes
When buying a home, most people think using a buyer's agent service is free. This is not true as the buyer's agent is paid by the seller and their commission is factored into the sales price.
In 40 states other states besides Tennessee, a buyer's agent is legally allowed to rebate a portion of their commission to their client (the buyer).
By signing this petition, you stand to lower housing costs and increase competition among real estate brokerages by allowing them to rebate part of their commission to you!
After all, most buyers find their own home online so why is their realtor entitled to a 3% commission?
This petition is supported by Felix Homes
Support now
Signatures: 35Next Goal: 50
Support now
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Decision Makers
- Governor Bill LeeTennessee State Governor