Don't Believe The Hype - Recensione dipendente - Research Associate presso CoStar Group

2,0
7 feb 2020
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Coworkers, great benefits package, nice facilities, work/life balance

Svantaggi

Coming into Costar you're lead to believe that you're valued. I came on board and everything was good for the first year or so then things went downhill. Quick. You're pretty much working your behind off quarter after quarter for promotions and advancement all for a measly 5% increase. You're asked your opinion and feedback on how things can be made better but are never taken seriously. While change is inevitable and expected, one day you're coming into work on a normal day and next thing you your livelihood is at stake. Layoffs occured in Chicago, Columbia, MD and the DC HQ. When layoffs occurred in Atlanta in 2019, hundreds of people were either expected to pick up their whole lives and move to a whole new state 10 hours away or not have a job and later be picked up by people who don't know what they're doing and are being inadequately trained. Communication and transparency is almost comical and micromanagement is worse than traffic on 285 on a Tuesday. There's next to no job security and even if you think you're safe, your department may be next on the chopping block. And the best excuse they can come up with is "it was a business decision". Not sure how a company that's supposed to be so stable and successful is letting go of and disrespecting literally hundreds of hard working people. Growth and opportunity has gone down the drain so unless you're working in sales (who get free Teslas and vacations) or maybe some sort of analyst you're pretty much disregarded and looked down upon. While CoStar is a good stepping stone and introduction to commercial real estate, don't plan on being there for no more than 2 years or 3 max. Favoritism, gossip, being overlooked and upper management having an agenda run rampant. However some managers are good people and some genuinely do care. It's basically a glorified call center where they have your metrics displayed on big screens for everyone to see. The CEO will talk about how great everything is during company meetings but is just trying to shut every other company down or buy them out so he can be the only big shot in town so clients, big or small, will have no choice but to pay astronomical amounts per month to use the product. And you're the one who has to deal with unhappy clients on the phone every day complaining as if you work for Sprint and you do nothing but sit there and take it.

avatar
Risposta di CoStar Group
6y
Thank you for the 7 years you spent as part of CoStar Group. We appreciate the contributions you brought to the team. It’s important we share the decisions behind some of the recent organizational shifts in the research department. With the success of our Apartments.com business, our methods for capturing data in the multifamily space – whether through electronic feeds, direct user entry, or other methods – simply evolved. As a result, we had to realign parts of the company to ensure job functions match our methods for collecting information and are in line with the future direction of the business. We are hiring 100 new outbound multifamily sales consultants based in Richmond. Unfortunately, because of this shift of focus, the Community Research group based in Atlanta, GA was eliminated. It was not at all related to employee or company financial performance. Decisions that affect the daily lives of our employees are not made lightly. We value all of our employees and the work they do in making CoStar Group the leading provider of commercial real estate information, analytics, and online marketplaces. Impacted employees were offered resources to help them through this transition. These employees also had the opportunity to apply for one of the new outbound multifamily sales positions, or any other open position within the company where their skills align to the job requirements. If you have questions about what resources may be available to you, please reach out to HRDepartment@costar.com. Thank you again for your time with us. We wish you all the best as you move forward in your career.

Esplora altre recensioni su CoStar Group

5,0
8 lug 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

They provide you with more resources than you’d ever need to succeed. Ample room for growth. Great company overall

Svantaggi

They don’t allow work from home

2,0
1 lug 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

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

Svantaggi

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

1
Vedi recensioni per: Utile|Valutazione|Data|Tutto