CoStar Group reviews

2.7

33% would recommend to a friend

(3,031 total reviews)
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Andrew C. Florance

31% approve of CEO

37% positive business outlook

CoStar Group has an employee rating of 2.7 out of 5 stars, based on 3,031 company reviews on Glassdoor which indicates that most employees have an average working experience there. The CoStar Group employee rating is 22% below average for employers within the Real Estate industry (3.5 stars).

Reviews by job title

3K reviews
1.0
May 30, 2017
Recommend
CEO approval
Business Outlook

Pros

Notice how no review, aside from fabricated five star reviews, discuss any aspect of the actual day-to-day under Pros. I'll leave it at that.

Cons

Let me offer a snapshot into the soul of the Research Department. While this example may appear dated, nothing has changed. If anything, the culture within this Department has worsened. Years ago, after New Jersey was devastated by Hurricane Sandy, Our Team, despite severe objections by team members, was forced to call our market. Every day, a Researcher is expected to make an insurmountable pile of calls, and according to the Research Department, this day was like any other. Families were without homes, businesses were crippled, the state was in shock — but we were told we had to burden them with our daily metrics. Do not for one second think that our scripts were abridged to incorporate any human feeling. Our goal was to ask the same questions, harass the same people. Here is how I remember the typical script from that day: RA: “Good afternoon Mr. Smith, this is XYZ from CoStar Group, how is everything?” VICTIM: “I can’t talk my home is underwater and my business is a mile off the Jersey shore.” RA: “Well, do you have any other listings on the market?” VICTIM: “You’re kidding…” RA: “No, I’m not kidding, sir, I take my job seriously. We’re the #1 provider of commercial real estate. Have you heard of our subsidiary LoopNet?” VICTIM: “You do understand that our community is in a State of Emergency?” RA: “I just want to provide maximum exposure to your listings.” You get the picture. Scripts and bureaucracy are more important than actual human feeling. I know that sounds like a cliche, but I have worked for many other organizations and CoStar takes this notion to new definitions of the word. Hannah Arendt had a term for this. She called it the ‘Banality of Evil’. It means that in going along with what you are told, as Managers, Directors and above do, they create an atmosphere of immorality, and are capable of tacitly carrying out horrible acts. While this alludes to unspeakable atrocities over 70 years ago, the underlying psychology persists in vile, seemingly benign corporate gutters like CoStar Group’s Research Department.

1.0
May 30, 2017
Recommend
CEO approval
Business Outlook

Pros

Decent pay, good benefits, very young, offer snacks, beautiful building. The job itself does not have many pros associated unfortunately

Cons

Bottom line: Upper level management couldn't care less about it's researches. You're essentially given a list of brokers to call each day and verify information while shoving branding statements down their throat. If you enjoy being a call robot, this is the job for you. If you don't reach a certain number of 90 second calls a day, they have no issue letting you go, which is unfoetunate because some regions may be more open to talking to you than others.

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CoStar Group Response
9y
We appreciate you leaving a review and thanks for your time with us. Calling is an essential part of the research process and it obtains information that often simply cannot be obtained any other way. Our metrics are carefully designed to create value for our clients and to help the research team excel.
5.0
May 29, 2017
Recommend
CEO approval
Business Outlook

Pros

CoStar is a very progressive company with leading technology that makes selling for them easy.

Cons

In order to succeed, you really have to put in the work it needs and deserves and you will be handsomely rewarded.

avatar
CoStar Group Response
9y
Thanks for leaving a review and for your hard work with us!
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