Ever think of packing up your bags and heading to a new city to sell real estate? The beauty of being in the real estate business is its flexibility and the ability to take it anywhere. Some cities are better, more lucrative and less competitive for real estate agents than others. So, really, where are the best places cities for real estate agents? Value Penguin recently released its list of best cities for real estate agents, factoring in four main components: number of jobs, average salary, cost of living and location quotient. The company gathered data from 252 cities comprising those factors. Virginia Beach ranked no. 1 for real estate agents. It ranked no. 16 for the number of jobs, no. 20 for location and no. 22 for average salary. Luckily for agents, the top 5 ranking cities are all warm-weather cities. West Palm Beach ranked no. 2, Austin no. 3, Fort Lauderdale no. 4 and Wilmington, N.C. rounded out the top 5. Value Penguin also broke down the city rankings ...
- Virginia Beach ranks overall as the no. 1 place to live as a real estate agent.
- Austin, Houston, D.C. and Chicago rank as the best large cities for real estate agents.
- The top cities for large, mid-sized and small metros are all seller-favored.