Tennessee Real Estate Commission (TREC)
Frequently Asked Questions
Licensees are responsible for complying with all statutes, rules and policies of the Tennessee Real
Estate Commission. The answers provided here are based on statutes, rules and policies and fees
listed are fees in effect at the time of publication and all are subject to change.
What activities require a license?
Any person who performs or offers, attempts or agrees to perform any single
act defined in TCA § 62-13-102, is required to be licensed.
WHAT MAY AN UNLICENSED EMPLOYEE, ASSISTANT OR SECRETARY DO?
1. Answer the phone, forward calls and give information contained only on the
listing agreement as limited by the broker;
2. Fill out and submit listings and changes to any multiple listing service;
3. Follow up on loan commitments after a contract has been negotiated and
generally secure status reports on the loan progress;
4. Assemble documents for closing;
5. Secure public information from courthouses, utility districts, etc;
6. Have keys made for listings;
7. Place ads which have been approved by the Principal Broker;
8. Receive, record and deposit earnest money, security deposits and advance
rents under the direct supervision of the Principal Broker;
9. Type contract forms for approval by licensee and Principal Broker;
10. Monitor licenses and personnel files;
11. Calculate, print or distribute commission checks;
12. Place signs on property;
13. Order repairs as directed by the licensee;
14. Prepare for distribution fliers and promotional information which have
been approval by the Principal Broker;
15. Deliver documents and pick up keys;
16. Place routine telephone calls on late rent payments;
17. Gather information for a comparative market analysis (CMA);
18. Unlock property under the direction of a licensee; and
19. Disclose the current sales status of a listed property.
