Tuesday, February 16, 2016

Detroit named 'Worst Place to be a Real Estate Agent'

Posted By on Tue, Feb 16, 2016 at 2:21 PM

  • James R. Martin / Shutterstock.com

WalletHub keeps emailing us to essentially tell us we're the worst, and we feel it's our journalistic duty to pass along all of the useful information we glean from their reports onto you, our faithful readers. 

Today, they've alerted us that according to their "in-depth analysis", Detroit is the absolute worst city to be a real estate agent. This analysis is based on a comparison of the 150 most populated cities across 13 key metrics, including annual median wage, home turnover, and median home price. (You can see the whole report here, if you really want to). 

Here's how we ranked across the board: 

Working as a Real-Estate Agent in Detroit (1=Best, 75=Avg.): 
  • 61st - Annual Median Wage for Real-Estate Agents
  • 37th - Employment Attractiveness
  • 126th - Home Turnover Rate
  • 146h - Housing-Market Health Index
  • 110th - Days on Market
  • 31st - Real-Estate Employment Growth 
  • 150th - Median Home Price 

So, if you're a real-estate agent, don't get mad at us. We're just the messenger. And please feel free share your experiences in the comments, and we'll be sure to pass those along.

Though, here's our un-official response for WalletHub. 


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