The best place to be a real estate agent

[David Erjavec]

Just saw this article and thought I would share with the community. Where real estate agents make money so the money flows.

The Best Place to Be a Real Estate Agent

Daily Real Estate News | Wednesday, February 17, 2016

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.

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

[Russell Brazil]

There are lies, damn lies...and statistics.  I find it hard to believe agents in Madison, Raleigh, Boise, Grand Rapids, Co Springs, and Indianapolis make more than agents in DC. Indianapolis has the highest median at $105k, but I do not know many agents here that make that little. (Full time agents who are actually in retail sale)