Matewan, WV Real Estate & Homes for Sale | realtor.com® (2024)

FAQs

How much do realtors make in West Virginia? ›

Realtor Salaries in West Virginia

The estimated total pay for a Realtor is $185,853 per year in the West Virginia area, with an average salary of $102,979 per year.

March to June are the best months to buy a house in West Virginia. During these months, low competition and competitive prices can get you a good deal on your future home.

You can list your West Virginia home without a realtor on cash marketplaces like Houzeo.com and Sundae. You can get multiple cash offers, some up to 100% of the Fair Market Value. Additionally, you can offer your properties to iBuyers.

The highest-paying states for real estate brokers

According to GlassDoor, the top five states with the highest real estate broker salaries are New York, California, Nevada, Iowa, and Arizona. Commissions can vary based on city, market, property type, sales volume, and experience levels.

Of the 13 cities in West Virginia with available data from real estate market website Realtor.com, Mount Gay-Shamrock is the least expensive place for homebuyers. As of April 2023, the median list price in the city was $105,000, compared to the median list price of $229,900 across the state as a whole.

West Virginia House Price Index is at a current level of 300.46, down from 318.71 last quarter and up from 289.91 one year ago. This is a change of -5.73% from last quarter and 3.64% from one year ago.

The priciest city in West Virginia is Clarksburg, where the cost of living is 5% higher compared to the state average and 4% lower than in the rest of the U.S. The cheapest major city in West Virginia is Charleston, with a cost of living 5% lower below the state average and 14% lower than the national average.

Can I sell my house without a Realtor in Florida? ›

Can I sell my house without a Realtor legally in Florida? Yes — there's no legal requirement to hire a real estate agent to sell your home in Florida. However, agents can provide valuable expertise that could save you both time and money, so it's worth considering.

Yes, you can! Just sell your house by owner in Indiana, like 10% of all home sellers. Get this: with FSBO, you control your home sale. Since you know your home best, you market it well and save precious time— 37% of sellers swear by it!

The real estate exam is a rigorous and challenging test that weeds out those who are not committed to being skilled agents. To pass the exam in West Virginia, with a total of 150 questions (100 national and 50 state), the score to pass is 75 for the national and 38 for the state.

The average real estate agent salary in West Virginia is $100,000 per year or $48.08 per hour. Entry level positions start at $75,000 per year while most experienced workers make up to $124,329 per year.

After authorization, you have 90 days or two attempts to pass the West Virginia real estate exam, depending on which happens first. If you pass only one portion of the exam, you need only retake the failed portion, and you must do so within the authorization period.

Understanding the West Virginia Real Estate Landscape

The Mountain State has a unique appeal, with its natural beauty, friendly communities, and a rich cultural heritage. The real estate market in West Virginia has historically been stable, with moderate appreciation in property values over the years.

In a recent survey by FastExpert.com, we found that the average real estate agent commission in California is 5.14%. This is the total for the buyer's agent and the listing agent and is generally split 50/50. It has generally been accepted that real estate agent fees are 6%.

While ZipRecruiter is seeing salaries as high as $148,218 and as low as $28,256, the majority of First Year Real Estate Agent salaries currently range between $59,500 (25th percentile) to $99,100 (75th percentile) with top earners (90th percentile) making $127,397 annually in Virginia.

Home sellers typically cover the total commission fee from their sale proceeds, which is split between the listing and buyer's agents who handle the sale. In West Virginia, the average listing agent fee is 3.33%, while the average buyer's agent fee is 3.33%.