Thinking of getting your real estate license—or maybe you're already a licensed agent, and your market area just isn't as busy as you'd like it to be? Regardless, if you want to get the most out of your career, you'll want to consider location carefully. Luckily for you, WalletHub just released a ranking of the top markets for real estate agents, taking into account the health of the housing market, sales per agent, the annual median wage for agents, and more.
Here's where you want to be:
1. Seattle, Wash.
2. Salem, Ore.
3. San Francisco, Calif.
4. Oakland, Calif.
5. San Jose, Calif.
6. Denver, Colo.
7. Fremont, Calif.
8. Boston, Mass.
9. Washington, D.C.
10. Phoenix, Ariz.
11. Santa Rosa, Calif.
12. Vancouver, Wash.
13. Fargo, Nev.
14. Sioux Falls, S.D.
15. Tempe, Ariz.
16. Gilbert, Ariz.
17. Portland, Ore.
18. Irvine, Calif.
19. Tacoma, Wash.
20. Mesa, Ariz.
Why is Seattle the ideal place to ramp up your real estate career? According to WalletHub, it ranked the highest in the Job Opportunity & Competition category and was No. 12 out of 179 in the Real Estate Market Health category.
If you're focused on the highest annual wage, however, check out NYC; Newark, N.J.; Jersey City, N.J.; Yonkers, N.Y.; and Bakersfield, Calif. And if you prioritize sales, the highest sales per agent can be found in Modesto, Calif.; Providence, R.I.; Warwick, R.I.; Nashua, N.H.; Salem, Ore.; and Bakersfield, Calif.
It's a personal choice, so consider the factors that matter the most to you! WalletHub also looked at the days on market, the housing market health index, the home turnover rate, the median home price and the attractiveness for real estate employment.
For the full report, visit www.wallethub.com.
