Creative Commons: Kretzschmar, http://commons.wikimedia.org/wiki/File:Emerald_Reflections_at_David_Hall_House.JPG
Ever wonder which places offer the most potential earnings for real estate professionals? Well, if you’re living and working in Illinois, it’s not a bad time to be in the real estate business.
Analysts at HomeInsurance.com investigated which places offer the most potential earnings for real estate professionals and two Illinois markets topped the list amongst Boston-Cambridge-Quincy, MA, Durham-Chapel Hill, NC and New York’s Nassau and Suffolk counties.
Lake County, one of the two Illinois markets, took the top spot for having the highest average real estate salary at $104,739. Home to multi-million dollar markets, this county offers agents high commission and increasing home values. The second Illinois location that made the list is Chicago, along with the surrounding cities of Joliet and Naperville, with average salaries at $82,780.
The research produced by HomeInsurance.com used earnings information published in October by the U.S. Bureau of Labor Statistics weighted with factors to account for differences in the cost of living for each market. Markets had to have information accounting for at least 100 employees in order to be considered for the report.
“We are very excited to unveil the top places offering real estate agents prospective job growth,” says Arthur Murray, Senior Editor atHomeInsurance.com. “Seeing healthy salaries such as those in Illinois is a great sign for the U.S. housing market recovery.”
The full report can be found at: https://homeinsurance.com/homehq/research-center/top-10-places-you-want-to-work-in-real-estate/