Tennessee Home Buyer Rebate: See How Much Cash You Get Back

Can you get money back at closing?

About rebates

Commission rebates to buyers are not permitted in Tennessee. You can still negotiate the buyer agent commission down before you sign anything.

Some states let your agent share part of the commission with you. About 2% of the price is typical when it is legal. Rules differ by state; the plan checks yours.

Not allowed here.

Buyer commission rebates are not permitted in Tennessee. You can still negotiate the buyer’s-agent commission before you sign a representation agreement.

State ruleNot permitted
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Tennessee rebate policy and key takeaways

Tennessee rebate policy

Tennessee prohibits a licensed agent from rebating part of their commission to the buyer they represent. Buyers here can still negotiate a lower buyer agent commission before signing a representation agreement.

Tennessee licensees may not give or pay cash rebates, cash gifts, or cash prizes in a real estate transaction. Tenn. Code Ann. § 62-13-302(b)

In Tennessee, buyer commission rebates are not permitted. You can still negotiate the buyer's-agent commission down before you sign a representation agreement.

Frequently asked questions

Frequently asked questions

Are home buyer rebates legal in Tennessee?

No. Commission rebates to buyers are not permitted in Tennessee. You can still negotiate the buyer's-agent commission down before you sign anything.

How much is a buyer rebate in Tennessee?

Most buyers in Tennessee will not receive a standard rebate, but you can still lower your costs by comparing agents and negotiating the buyer's-agent commission before you sign.

How do I get a rebate when buying a house in Tennessee?

Before you sign a representation agreement, compare agents and negotiate the buyer's-agent commission. In Tennessee that is the main way to lower your out-of-pocket cost.

Does a buyer rebate cost me anything?

No. The rebate comes out of the buyer's-agent commission, which the seller pays and which is already built into the home's price. A rebate simply returns part of that money to you, at no extra cost.

Official sources

Official sources

More about rebates

Tennessee home buying costs by county

Property tax, loan limits, closing costs and first-time buyer help for each Tennessee county, to set beside your rebate.

All 95 Tennessee counties

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Explore other states

See how Tennessee's rebate ranks against every state →

See Tennessee closing costs and how a rebate offsets them →

This is general information, not legal advice. Rules change, so confirm the current rule with your state real estate agency (linked above) before you rely on it.

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