2018’s Best Places to Be a Real Estate Agent
From Wallet Hub, April 25, 2018
Location, location, location” might be the catchphrase of the real-estate profession, but it applies just as much to realtors as it does to their clients. After all, success in the industry hinges on both an agent’s work ethic and area of operation.
Last year’s real estate market was very healthy, with 5.57 million sales of existing homes, the best year for the industry since 2006. And we predict that trend will continue into 2018. But even as the market changes as a whole, certain cities remain hotspots. In the coming year, real-estate agents may want to relocate to places with the highest demand for housing, and that pay the best for their expert guidance.
To determine the best markets for this particular profession, WalletHub compared more than 170 U.S. cities across 18 key indicators of a healthy real-estate environment. Their data set ranges from sales per agent to annual median wage for real-estate agents to housing-market health index.
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Highest Median Annual Wage for Real Estate Agents–Honolulu and Pearl City tied for #1
| Overall Rank (1=Best) |
City |
Total Score |
‘Job Opportunity & Competition’ Rank |
‘Real-Estate Market Health’ Rank |
| 20 |
Pearl City, HI |
50.75 |
23 |
51 |
| 31 |
Honolulu, HI |
49.96 |
6 |
124 |
|