Virginia Beach Is The Best US City For Real Estate Agents
Share This
- Jamelia Todd
The people over at ValuePenguin recently got curious about the housing market from a perspective many probably don’t consider. They were curious to know which market was the best in the country not for buyers or sellers, but for for the agents.
There are around 2 million active real estate agents in the country, and 34,000 in the commonwealth. On average agents in Virginia make quite a lot compared to agents elsewhere, coming in at an average of $68,000. But how good is it to be an agent in Virginia Beach?
The writers at ValuePenguin looked at factors in three different areas to compare cities across the country: likely earnings, affordability, and location quotient. Location quotient is the concentration of agents in the area, which was used as an indication of demand.
With the numbers all tallied Virginia Beach comes out on top, on the strength of solid scores across all three areas. About the Virginia Beach market, ValuePenguin says,
Virginia's southeastern-most major city rose to the top of the list thanks to its top-25 rankings in number of jobs (16th), location quotient (20th) and average salary (22nd). This is despite the fact that it's 6% more expensive to live here than in the average American city -- a fact we chalk up to Virginia Beach's tourist-attracting coastline, which attracts six million overnight visitors annually.
10 Best Cities For Real Estate Agents
- Virginia Beach
- West Palm Beach, FL
- Austin, TX
- Fort Lauderdale, FL
- Wilmington, NC
- Tulsa, OK
- Houston, TX
- Olympia, WA
- Salt Lake City, UT
- Savannah, GA
Share This Story
Jamelia Todd
More Stories
Virginia Beach is One of the Top 50 Cities to Start a Business In
Inc.com has presented a list of what it considers the best places in the country to start a business.
More Stories
Virginia’s Largest Cities
The ten largest cities in the Old Dominion.
Virginia Beach Called America’s 5th Best City For Families
Virginia Beach is the 5th best city for families, according...
Weather
Donate to TheVBJ!
More
Pharrell’s Atlantic Park Passes Final Vote
With a 10-0 vote in city council, the music mogul’s Dome site project is a go.
Virginia Beach Called America’s Safest Big City
AdvisorSmith looks into federal crime database info.
Governor Signs Bill Making Electric Cars More Affordable In Virginia
The program provides a $2,500 rebate after the purchase or lease of a new or used vehicle…