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
3 Hampton Roads Cities Among The Top 15 Hardest Working In The US
They compared over 100 of the largest cities in the country on 11 different indicators that included average workweek hours, vacation time left unused, idle youth, and workers with multiple jobs.
More Stories
Norfolk International Airport Sets Record With Over 4 Million Travelers
Nearly half a million of those in July alone.
Virginia Beach AGAIN Called Best Big City To Live In
The Beach is back on top as the best big...
Weather
Donate to TheVBJ!
More
Update: Marijuana Possession Will Be Legal On July 1 This Year In Virginia
The General Assembly has voted to accept the Governor’s amendments.