The place that sucks happiness out of you - Research Associate CoStar Group Employee Review

1.0
2 Apr 2015
Recommend
CEO approval
Business outlook

Pros

Young coworkers that keep each other sane (but are all suffering from misery) Free stuff (Is it worth it though? no) Nice office space (but atmosphere is filled with fear, paranoia, and unhappiness)

Cons

What's worse than CoStars glassdoor ratings? CoStars yelp ratings from current and former clients. Everyone hates us. Management yells at researchers to make more calls to "build relationships" with brokers. Hi management - if the company is treating client brokers like crap, why do you think they would want to talk to us? THEY DON'T. It is so incredibly depressing to work here. Metrics, metrics, metrics. Numbers really mean nothing. Our quality of work sucks because of the numbers we need to meet - causing us to rush and submit crappy work. Other people have mentioned how CoStar doesn't care about its employees. It's true - we aren't treated like human beings, but robots. I am actually beyond confused on how a company does not listen to its employees - what is CoStar without us? Terrible relationships between managers and researchers. Very little trust, a lot of micromanagement. Everyone I know is looking for another job. Please economy, pick up.

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CoStar Group Response
11y
If CoStar Group only focused on its Glassdoor and Yelp ratings we would be a failure of a company. Instead, we work hard to provide superior products and service to our clients, which is why we are the industry standard for commercial real estate information. We receive positive feedback directly to managers, directors and sales representatives about the quality of work our researchers provide, and the work our researchers are willing to put in to make sure a broker is able to do his or her job better. Most of our researchers are able to establish a trusting relationship between themselves and their clients, and the results reflect their success. The heavily metrics-based measurement practice is an outdated version of how we measure success in Research. For some time now we have focused on the quality and accuracy of information and the relationship the researcher is able to establish with their clients. We know this does not always mean on the phone, which is why we are now able to track email communication as well. At the end of the day, you have to communicate with your clients to be able to make sure their information is correct. Sometimes they’re cranky, but that’s the nature of the business. We understand that not every manager-researcher relationship is going to be ideal, and we are continuously working with our managers to ensure that they are developing their skills to build better relationships through regularly offered training opportunities. We care deeply about our employees, which is why we are constantly working to offer new and increased benefits, provide new development opportunities and provide incentives for going above and beyond the great work we know our employees are doing.

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CEO approval
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Cons

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2.0
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Recommend
CEO approval
Business outlook

Pros

I worked for Homes.com - Great first job out of college to learn a lot about sales and can make good money in the first 3 months - FIND PEOPLE THAT HAVE DONE THIS JOB AND HAVE LEFT AND FIGURE OUT WHY CUZ THEY'LL TELL YOU

Cons

I worked for Homes.com - You're doing 3 jobs in one and the pay does not reflect that - it is churn and burn. The average tenure here is 7 months - Management doesn't know what's going on 3/4 of the time. It is all up to the CEO and he's on his private jet more than 3/4 of the time

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