Which Is the Best State to Be a Real Estate Agent In?
Over 5 million homes were sold across the U.S. in 2019.
Of those millions of homes, it also took thousands of realtors across all 50 states to make those sales happen.
With so many different housing markets across the US, you may be wondering which state is the best place to flex your realtor skills. The truth is, each state has unique aspects of the housing market that generally make them a pretty great place to work.
However, there are a few states that stick out when it comes to the best places to be a real estate agent.
Ready to find your dream real estate job in the U.S.? Let's find out which state is the best state to be a real estate agent!
Which Is the Best State to Be a Real Estate Agent In?
Now that you’ve gotten yourself out there and are ready to become the best real estate agent that you can be, you may be wondering where the best place is to start your journey.
According to a variety of factors including realtor salary, the housing market, job security, and more, we’ve brought together the top three best states to be a real estate agent in.
New York
The current average salary for a realtor in New York is around $100,000 per year.
The number of US residential houses for sale in the New York area has been skyrocketing as of late. Median home prices in New York have also steadily risen throughout the year.
With a continued rise in population and industry, the state is continuing to see a major demand for housing both in cities and rural areas. That means more work and money for real estate agents!
Texas
The average salary of a real estate agent in Texas is around $80,000 per year.
There are currently around 500,000 realtors in Texas and that number is projected to continue to grow as the state's housing market booms. The states many metropolitan areas account for a majority of sales including areas such as Dallas, Austin, Houston, and more.
With continued growth, Texas proves to be an up and coming real estate market that shows no signs of stopping.
Hawaii
Enjoy the tropical breezes and ocean views of Hawaii? So do the 1.3 million people that live there!
Aside from being one of the largest tourist destinations in the US, Hawaii also has a thriving housing market both in major cities and in rural island areas.
The state's current average single home housing price is $800,000, however, those houses tend to sell upwards of $1,000,000.
The condo market is also strong in Hawaii with properties selling for almost $400,000 per unit.
Aside from beautiful beaches and great food, the islands also offer realtors an average salary of over $60,000 per year.
Making the Most of Your Location
Regardless of where you’re located, it’s important to make the most out of your housing market. If you work hard, you can make any state the best state to be a real estate agent in!
While these states provide high averages for real estate agents, numbers can climb or fall based on their performance. In the end, making the best efforts can help you make the big time regardless of where you work!
If you’re ready to make the move and take your realtor game to the next level, contact us for more help on the best place to start!