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Bustos Real Estate

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Bustos Real Estate Reviews

4.4

80% would recommend to a friend

(47 total reviews)

William Bustos

72% approve of CEO

87% positive business outlook

Bustos Real Estate has an employee rating of 4.4 out of 5 stars, based on 47 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Bustos Real Estate employee rating is in line with the average (within 1 standard deviation) for employers within the Real estate industry (3.8 stars).

Reviews by job title

47 reviews
1.0
3 Aug 2019

Do not be fooled

Recommend
CEO approval
Business outlook

Pros

Have a very inflated public image to cover up what is really going on. The power of money. Money driven and focused. Non relational which works for some people. Admin support (although independent agents I charge 250, far less then the team splits). plenty of experiences with real estate. If the business was rated on only making money than by all means rank 5 stars.

Cons

Between the brokerage and the team they nearly take 60-70% of agents earnings while providing nothing of value, aside from some short term motivation. The agents do and build all the work then leave with nothing. Only the cut throat stay around for very long, anyone with a conscious leaves very quickly. There is a reason why there are always new members and never ending marketing for new staff, they cannot retain talent or anyone on their team. They are very rude and pressure us to over work for small wages while racking in tons of money off of the hard work of team members. I am not sure how many agents have come and gone over these few months getting trapped in their lies. The team leader and broker rack in 100s of thousands of dollars of the backs of agents, yes 100s then pressure bottom lines. They take as much as possible then are tight when it comes to the function of the business. Plain greed.

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Bustos Real Estate Response
6y
Growing the company can be challenging, however, this feedback gives me tight ends on what needs to be improved and focused on. As a real estate company, we do follow the KW economic model and hope to meet it's metrics one day. I will begin to evaluate our internal processes and systems so we can offer our agents better support. -WM Bustos
1.0
11 Apr 2019
Recommend
CEO approval
Business outlook

Pros

You will be pushed to rid yourself of limiting beliefs and given opportunity to take full accountability for your success and progression within the company.

Cons

Working for CEO was like having a lingering thunder cloud hanging over head that left you constantly wondering when the next storm would rain down which contributed to frequently low employee moral. Turnover was so high it became almost a joke how often people were leaving and how long they would last. Success is demanded at any cost but rarely acknowledge or celebrated. Not a healthy working environment.

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Bustos Real Estate Response
6y
Thank you for the valuable feedback. As the owner of the company, I take full responsibility for your constructive feedback. I will use this information to help me grow and improve as a leader. Rest assured, I strive to do my best, and I continue to fail forward. -WM Bustos
1.0
16 Oct 2019
Recommend
CEO approval
Business outlook

Pros

Admin salaries are slightly above average. If you're an agent, there are plenty of other RE groups out there with better support and commission splits.

Cons

CEO doesn't care about his employees, he only cares about the bottom line. He doesn’t take company company culture seriously. He’ll play mind games until you’re mentally broken. He micromanages everything, then wonders why he doesn't have enough time in the day. Once he decides you’re on his bad side, he has admitted to purposely making employees lives difficult until they quit. When an employee tries to defend themselves, he has no issue bending the truth to try to discredit an employee or negative feedback. Employee reviews are part of the 90 day training that must be completed. The people leaving the 5 star reviews are usually at the company less than a month.

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Bustos Real Estate Response
6y
Thank you for your feedback. Having and maintaining excellent company culture is critical and fundamental to Bustos Real Estate. As a small company, we’ve faced difficult challenges in the past finding the best individual to help us accomplish our cultural goals. Consequently, we’ve hired an amazing “Cultural Icon” to rebuild our company culture and working environment. In addition, we’ve redeveloped our HR practices to address all your observations. Lastly, we take a great deal of pride in our combined 1000+ online reviews. However, we’re consistently we’re re-evaluating our approach to securing reviews. Again, thank you for all your feedback. -Wm. Bustos/CEO
Viewing 1 - 3 of 47 Reviews

Glassdoor has 53 Bustos Real Estate reviews submitted anonymously by Bustos Real Estate employees. Read employee reviews and ratings on Glassdoor to decide if Bustos Real Estate is right for you.