In Tennessee, an agent not licensed for Tennessee may only receive a referral payment. They may NOT participate at all in the transaction nor receive a commission absent a Tennessee issued license.
Regarding reciprocity: Tennessee no longer recognizes blanket reciprocity, but will issue a license to out of state licensee applicant on a case by case review. There may be a requirement to only test on state law or take a course and a test, as the Tennessee Real Estate Commission may determine appropriate.
In any case only those with a Tennessee license may participate directly in the transaction regardless of the side of the transaction and receive a commission. Otherwise a referral with no participation is the rule. BTW: I am a state approved instructor.
Nov 15, 2016