The Elite Realty Group Podcast

Understanding Compensation Options in Tennessee REALTORS® Forms

Michael Elkins/Dave Elkins

In this episode of The Elite Realty Group Podcast, Mike and Dave Elkins break down the three primary compensation options available within the Tennessee REALTORS® standard forms. Whether you're a buyer, seller, or real estate professional, understanding these compensation pathways is critical to structuring fair, ethical, and transparent transactions.

✅ Learn the difference between:

  • Direct client-agent compensation using RF101 and RF141
  • Cooperating compensation and when to use RF702
  • Seller-paid buyer’s agent compensation using RF707

We also explain how these agreements interact and what to consider when negotiating compensation in your purchase and sale agreements.

🎧 Stay informed, stay compliant, and help your clients with confidence.

👉 Subscribe for more real estate insights from Morristown, TN and the Lakeway Area.

#TennesseeRealEstate #RealtorTraining #BuyerAgentCompensation #TRForms #MorristownTN #EliteRealtyGroup #RealEstatePodcast #TNRealtors #LakewayAreaHomes #RealEstateTips