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      HVS

      Engaged employer

      HVS Reviews

      4.2

      80% would recommend to a friend

      (114 total reviews)
      avatar

      Rod Clough, MAI

      96% approve of CEO

      83% positive business outlook

      HVS has an employee rating of 4.2 out of 5 stars, based on 114 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The HVS 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

      114 reviews
      1.0
      25 June 2022

      Poor Company Culture, Masked as a place where Opinions are Valued

      Analyst
      Recommend
      CEO approval
      Business outlook

      Pros

      I worked at HVS for a couple of years prior to the pandemic. While some of the people in my office were kind, the company-wide culture and work environment are extremely lacking. From a Pros standpoint, you’ll gain decent hotel valuation skills. But you can also learn a lot of that by working in companies with much more positive and healthy environments.

      Cons

      Micro-management and autocratic management style, especially from the person responsible for training new employees. Despite many complaints, no changes were made to improve training methods and the overall experience for new comers, analysts and associates. This is one of the reasons the company has a high rate of employee turnover. Gossip is rampant across people is senior roles (why is spying on employees and spreading information to management part if the culture?). This is something I had never experienced in previous jobs, nor in my current role. It creates a juvenile and emotionally challenging environment for people that just want to stay out of the drama and do their jobs. Poor work-life balance — and this is coming from someone that doesn't mind working long hours. If you’re asked to take on a new project while you’re inundated with work, and try to voice that you are at capacity, you immediately get labeled as “lazy” and become the subject of gossip across the company, which goes back to my above comment. This is another reason why people tend to not stick around past the 2 year mark, with a couple of exceptions. We are told that health and family come first but really when it comes down to it, everyone learns to just accepts the assignments until they crack. Note that the CEO asks most people to submit Glassdoor reviews while they are working at the company. Would anyone dare be honest out of fear of losing their job?

      avatar
      HVS Response
      3y
      HVS is a great place for many, but won’t be the right long-term fit for everyone. Our training program, which is now a team of four caring, patient, and wonderful Vice Presidents and Directors (not just one person, which is how we had it designed many years ago), coupled with extraordinary editors, is amazing. If you are considering our industry, you simply can’t find a better training ground. We have associates that started four to five years ago (around or perhaps a little after you did) that are now leading/running their offices in markets such as Nashville and Tampa (there are others), and we are soon to open in Salt Lake City with a rising leader that began her career here three to four years ago (about when you did). To find your passion in our Consulting and Valuation (C&V) Division, we are seeking candidates that have a love for analysis, writing, and working with team members and clients. There is A LOT of instruction in the beginning, so you have to be willing to work your way through that and be open to feedback and feedforward. It’s not always an easy road, and we hold very high standards. If the longer-term C&V path isn’t for you, HVS offers great opportunities in Asset Management, Brokerage, and Capital Markets. We had an associate leave HVS a couple of years ago to work for a luxury hotel company, and just returned in our Los Angeles office to join our Asset Management practice. We had an associate in our Tampa and Houston offices join Capital Markets and Brokerage, respectively, as well. We had an associate in Chicago leave to start a family, and is now returning this fall part-time because she missed HVS so much. If a long-term future in one of our divisions doesn’t end up being a fit, HVS is a great springboard into the industry or beyond. We welcome associates to make HVS their home for two years, five years, or fifty – each associate’s goals are different, and everyone’s story is different. I’m sorry your story wasn’t a stellar one here – I wish I and we could have made it better for you. We are always changing, improving, and growing – so the HVS you experienced is well in the rear view mirror – I love that about HVS, we are always evolving and making this an extraordinary place to be. If you are a candidate considering HVS, I welcome you with open arms to an affirming, loving, excellence-driven, accepting, LGBTQIA- and Latino co-owned company that is doing amazing things with fantastic people.
      2.0
      29 Jan 2022

      A good stepping stone

      Associate
      Recommend
      CEO approval
      Business outlook

      Pros

      - A good place to learn and get started in the industry - Great industry knowledge, client base, and alumni network - Get to work on a variety of hotels in different markets across the country - Diverse environment

      Cons

      - Work life balance is said to be prioritized but is not - The pay is not worth the amount of work hours invested - What can be described as a "big brother" environment where rumors and gossip tend to circulate among senior level staff - Management asks employees to write Glassdoor reviews during their time working there which tends to sway opinions out of fear of being discovered

      avatar
      HVS Response
      4y
      Thank you for this review! I am sorry HVS wasn’t the right fit for you and that you did not stay with us to experience the evolutions we have made this year – great ones! Newly promoted leaders, newly hired team members, changes to compensation and perks, professional development programs, investments in technology, and more – HVS is always changing to make this a better place to be. HVS is fully staffed as of summer 2022, so we are not hiring at the moment, but when we do – this is a special place to start your career (and hopefully stay!). Many find their career passion in our Consulting and Valuation (C&V) office and have gone on to open and lead offices in cities across the country, several in just the past few years (2020 through 2022), and we have another opening in 2023. Associates are returning to us after a break (for one, to start a family, and for another, to work for a luxury hotel company) to rejoin C&V and our Asset Management divisions. We are also growing our Brokerage and Capital Markets divisions, and the future in these practices is so bright. If you are a candidate considering HVS, I welcome you with open arms to an affirming, loving, excellence-driven, accepting, LGBTQIA- and Latino co-owned company that is doing amazing things with fantastic people.
      1.0
      29 June 2021

      Ehhhh

      Anonymous employee
      Recommend
      CEO approval
      Business outlook

      Pros

      All you have to do is follow exactly what you are told and you are fine. Even if you have good ideas don’t share them Bc they don’t want to hear it

      Cons

      They don’t want you to take initiative. There is no room for personal development. They don’t care about ur ideas

      avatar
      HVS Response
      4y
      This does not align with how HVS is run or what our exit interviews tell us, and current staff. There is ample flexibility in developing analyses and client solutions. We love our team members to take initiative. We do care! I am sorry you had a poor experience here, and I would love to hear from you directly so that I can learn more about your personal experience. Thank you!
      Viewing 1 - 3 of 114 Reviews
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      ReviewsHVS reviews

      Glassdoor has 129 HVS reviews submitted anonymously by HVS employees. Read employee reviews and ratings on Glassdoor to decide if HVS is right for you.