agency

Facilitator (Tennessee)

In Tennessee, statutory duties replace common-law fiduciary duties, and a licensee is a facilitator, not an agent or advocate of any party, until a specific written agency agreement is signed. Agency or subagency cannot be assumed, implied, or created without a written bilateral agreement, though signing an exclusive listing establishes seller agency. A facilitator assists one or more parties and may advise them; 'transaction broker' is a synonym. Licensees must disclose their status verbally before providing services and in writing before an offer is prepared or a listing signed.