TN Trivia & Real Estate
This city, known as the "Birthplace of Country Music," is split between Tennessee and Virginia.
What is Bristol?
This type of porch, often found on Tennessee homes, is perfect for sweet tea and gossip.
What is a wraparound porch?
Tennessee is considered this type of disclosure state, meaning sellers must disclose material defects.
What is a full disclosure state?
When your client “ghosts” you faster than a bad Tinder date, this is your next best move.
What is follow up and move on?
A home listed at $250,000 sells for $265,000. This is what it sold for relative to list price.
What is above asking price?
In Tennessee, this is the document required to record a deed with the county.
What is a deed transfer tax form (or affidavit of value)?
You’re more likely to find this kind of HVAC system in East Tennessee’s hilly terrain than in desert climates.
What is a heat pump?
This form must be provided to buyers, outlining known property defects or issues.
What is the Tennessee Residential Property Condition Disclosure?
You’re showing a 100-year-old farmhouse with slanted floors and mystery smells. The buyers say it has “character.” You say this.
What is “It’s got potential”?
A $300,000 sale with a 6% commission earns this total in commission.
What is $18,000?
This is the minimum number of classroom hours required to sit for the Tennessee real estate license exam.
What is 90 hours?
This Southern home feature allows you to enter the basement from the outside yard—perfect for storm shelter access.
What is a walkout basement?
In Tennessee, this form must be signed before showing a property to an unrepresented buyer, outlining the agent’s role.
What is the Confirmation of Agency Status form?
You’re writing an offer with an escalation clause. The seller gets another offer. This is what your clause does.
What is automatically increases your offer up to a set limit?
The buyer puts 20% down on a $200,000 home. This is their down payment.
What is $40,000?
Tennessee's property taxes are among the lowest in the U.S., largely because the state has no ______ tax.
What is income?
A "barndominium" is a blend of these two real estate types, increasingly popular in rural Tennessee.
What is a barn and a condominium (or home)?
If a buyer and seller disagree after contract execution, this neutral third party may hold the funds.
What is the escrow agent or title company?
You walk into a showing and find a goat in the living room. In Tennessee, this type of zoning might allow it.
What is agricultural zoning?
If your client budgets $1,500/month for a mortgage at 7%, you advise them to get this pre-approval first.
What is a lender pre-qualification or pre-approval letter?
In Tennessee, this legal process allows someone to claim ownership of property they’ve openly possessed for 7+ years.
What is adverse possession?
This style of log cabin, common in early Tennessee settlements, is built with horizontal logs and notched corners.
What is a dogtrot cabin?
In Tennessee, this agency regulates and enforces real estate license law.
What is the Tennessee Real Estate Commission (TREC)?
When a listing has been on the market 180+ days, locals might say it’s been sitting longer than this Southern comfort food.
What is cold grits?
You sell a $500,000 home with a 2.5% buyer agent commission. After a 25% broker split, your take-home is this.
What is $9,375?