Wednesday
September 28, 2016

The Best Place to Be a Real Estate Agent

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The Best Place to Be a Real Estate Agent

Turns out that “location, location, location” is also a mantra for real estate pros looking to thrive in their business. WalletHub recently compared the 150 largest cities across 13 key metrics, such as sales per agent and the annual median wage of agents, to find out the best places for real estate pros to practice, and the mile-high city won out.

Learn how REALTORS® are feeling nationwide about home price appreciation, closing challenges, and more.

  1. Denver, Colo.
  2. Irvine, Calif.
  3. Seattle, Wash.
  4. Austin, Texas
  5. Aurora, Colo.
  6. Portland, Ore.
  7. Indianapolis, Ind.
  8. San Francisco, Calif.
  9. Colorado Springs, Colo.
  10. Boston, Mass.
  11. Grand Rapids, Mich.
  12. Boise, Idaho
  13. Honolulu, Hawaii
  14. Raleigh, N.C.
  15. Madison, Wis.

Of course, real estate is also intensely local. Researchers found that Knoxville, Tenn. (which ranked 34 overall out of 150 cities) had the highest number of sales per agent at 120 – about 20 times more than Houston, which had the lowest at an average of 6 sales per agent. Indianapolis (which ranked number seven overall) had the highest annual median wage for real estate agents at $105,370 – four times greater than in Wichita, Kan., which had the lowest at $24,320, according to WalletHub’s findings.  

Source: WalletHub
 

Source: WalletHub