A flexible schedule, good work-life balance, and annual earning potential of $100,000 or more — a career in real estate offers unparalleled benefits. As a result, a large number of people quit their 9 to 5 job every year and begin their careers as real estate agents to reap the benefits offered by this lucrative industry.
So, if you are considering pursuing a career in real estate, here are a few reasons you may want to choose Atlanta as your geographic farm.
1. Impressive Market Growth
The Atlanta real estate market has been growing at an unprecedented rate over the past couple of years. In 2016, the local real estate industry broke all residential sales record and experienced a significant increase in median selling price of attached and detached homes. The trend is expected to continue this year as well, which means that real estate agents in Atlanta will be able to close more high-value deals and earn more in commissions.
2. Expanding Housing Inventory
It’s a well-known fact that homes that were built decades ago don’t attract a lot of buyers. They look outdated and lack modern-day amenities, and as a result, are usually sold at lower prices compared to newly constructed properties.
Keeping this fact in mind, Atlanta can truly be considered a real estate agent’s paradise as there are a number of ongoing real estate development projects in the region. These projects are expected to attract a large number of buyers who prefer living the luxurious urban lifestyle. This, in turn, will create more selling opportunities for real estate agents in Atlanta and help them achieve their annual sales targets.
3. Home to Prospective Homebuyers
Real estate experts expect millennials to enter the housing market very soon. In fact, CNN Money recently published a report that concludes that millennials represent around 45 percent of all mortgage loans secured in 2017. This new home-buying trend is good news for real estate agents who know how to market their services to first-time home buyers.
What’s more, Atlanta has been ranked as the second best city for millennials by Biz Journals, so we can expect a large number of millennial homebuyers heading to the city- a city that offers excellent job opportunities and plenty of cheap real estate deals.
So, if you are ready to make the big decision and start a career in real estate, Atlanta is the place to be!
Looking for some expert guidance? I have written a number of books for real estate agents who have just stepped into the industry and are facing trouble generating leads and closing sales. You can find them here. I am also arranging a workshop on the subject of using online marketing to promote your real estate services. You may register for the workshop here.