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Tellico Realty

Tellico Realty Services

Real Estate Brokerage · Lenoir City, Tennessee

12:26 AM in Lenoir City Directions

Here is what working with Tellico Realty in Lenoir City typically covers, from the first consultation to closing day. Services and terms vary, so confirm the details in your written agreement.

Buying a home

Buyer strategy session

Clarifies budget, loan pre-approval status and the representation agreement now required in Tennessee.

Home search and private showings

Tours of homes for sale in and around Lenoir City, including new listings as they hit the market.

Offer strategy and negotiation

Comparable sales, offer terms, contingencies and inspection negotiations.

Contract-to-close management

Tracking deadlines for inspection, appraisal and financing until the keys change hands.

Seller services

Home valuation

A written price opinion built from sold, pending and active Lenoir City area comparables.

Getting the home market-ready

Staging suggestions, small fixes and scheduling professional photos.

MLS listing and marketing

Listing on the local MLS and syndication to the major home-search sites.

Showings, offers and closing

Scheduling showings, reviewing offers and managing the contract to closing.

How a typical transaction works

  1. ConsultA first conversation about goals, budget and timing — and a written agreement that spells out services and compensation.
  2. PrepareBuyers get pre-approved; sellers review a pricing analysis and prepare the home for photos.
  3. Market & tourListings go live on the MLS; buyers tour homes and compare recent sales.
  4. NegotiateOffers, counteroffers, inspection requests and appraisal issues are worked through.
  5. CloseFinal walk-through and signing with the title or escrow company under Tennessee rules.

Typical costs on a Lenoir City home

Illustrative figures for a home at the local typical value of $419,006. Real numbers depend on your agreement, lender and title company.

ItemRateOn $419K
Listing-side commission (negotiable)2.5–3%$10,475–$12,570
Buyer-side compensation (negotiable)2–3%$8,380–$12,570
Buyer closing costs (lender, title, escrow)2–5%$8,380–$20,950
Home inspectionflat$350–$600

Every percentage above is negotiable and is set in the written agreement. Typical value from the Zillow Home Value Index (August 2026).

Seller net proceeds

Starts from the typical Lenoir City home value. Every percentage is negotiable; enter your own.

Commission—
Closing costs—
Estimated net—

Questions about these services

How are real estate agents paid in Tennessee?
Compensation is negotiable and set out in writing. Sellers sign a listing agreement; since August 2024 buyers sign a written buyer agreement before touring homes with an agent, stating what the agent will be paid and by whom.
Does Tellico Realty work with both buyers and sellers?
Most agents and brokerages represent both, but not in the same transaction without written consent. Ask how Tellico Realty handles dual agency or designated agency under Tennessee law.
What should I prepare before the first meeting?
Buyers: a mortgage pre-approval, a target budget and a list of must-haves. Sellers: your mortgage payoff estimate, a list of upgrades with dates, and any HOA or survey documents.