Real Estate Commission Fees (2024)

License Fees
Initial License Application$91.00
Initial Firm Application$90.00
Initial Designated Agent$90.00
Initial Vacation Lodging$90.00
Initial Time Share Salesperson$91.00
Initial Time Share Acquisition Agent$90.00
Initial Time Share Firm Registration$750.00
Broker (Upgrade from Tennessee Affiliate Broker)$91.00
Licensee Renewal (every 2 years)$75.00
Firm Renewal (every 2 years)$75.00
Time Share Renewal$500.00
Physical Changes to the License (All fees are per license):
Transfer to New Firm$25.00
Change of Name (Please provide proof ie. Driver’s license, marriage certificate, etc)NO CHARGE
Change of Home AddressNO CHARGE
Change of Status from RETIRED to ACTIVE$25.00
Change of Status from ACTIVE to RETIRED$25.00
Request Duplicate LicenseNO CHARGE
Change Firm NameNO CHARGE
Change of Firm Business AddressNO CHARGE
Change or Upgrade of Firm Principal Broker$25.00
Principal Broker Release of Affiliated LicenseeNO CHARGE
Education Related Fees:
Course not exceeding 8 hours$10.00
Course not exceeding 9-30 hours$25.00
Course exceeding 30 hours$50.00
New Instructor$25.00
Miscellaneous:
License History Requests$25.00 each
Bad ChecksBad checks shall be subject to the penalties and
fees set out in T.C.A. §§ 9-1-108 and 9-1-109
Late Renewal$50.00 per month(for the first 120 days)
$100.00 per month(after 121-365 days)
Continuing Education Penalty$50.00 per month
Errors and Omissions Insurance Lapse PenaltyMinimum $200
Real Estate Commission Fees (2024)
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