CoStar Group reviews

2.7

33% would recommend to a friend

(3,028 total reviews)
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Andrew C. Florance

30% approve of CEO

37% positive business outlook

CoStar Group has an employee rating of 2.7 out of 5 stars, based on 3,028 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
3.0
Feb 9, 2017
Recommend
CEO approval
Business Outlook

Pros

We are paid very, very well. The benefits are also top notch. The office has a great view. The individuals you work with really care about their job, for the most part. The research managers are great (this does not apply to upper management).

Cons

As everyone who has given a review has already said, the metrics are not based in reality. A researcher has to make a certain number of calls, starting first thing in the morning, while ignoring client requests, portfolio maintenance, and everything that the company claims to sell. Though you are allowed to clock out (so that your lack of time on the phone doesn't hurt your metrics) for larger projects, there is not enough time in the day to do the amount of work that upper management wants done. Recent metric changes have impacted the quality of data coming out of the company to the point where I do not see how it's sustainable without customers catching on. Branding is flat across the board, so that researchers are branding with the same script to customers who have been with the company for years and building owners in the middle of nowhere who don't have an email address let alone a knowledge of CoStar. On top of metrics researchers receive call evaluations which are entirely based on this branding. There is no relationship building in this job. It's just calls. Don't let them tell you it's "all about balance". It's all about calls (which most of the bigger clients hate anyways and you'll only talk to admins). I have watched multiple, more senior, researchers leave the office in tears. The stress is so intense it's a good thing we have great health benefits.

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CoStar Group Response
9y
Thanks for leaving a review. Our metrics are carefully tailored to help drive the quality of research forward, help researchers improve and drive value for our clients. The productivity in Research has been climbing and a large percentage of Researchers in all centers are achieving the daily metrics. The essential work that research does drives CoStar forward and that’s why we’re laser-focused on it. The CoStar data obtained by Research is our critical differentiator from our competitors and what clients are paying for.
1.0
Feb 8, 2017

AVOID!

Recommend
CEO approval
Business Outlook

Pros

The people you work with make the days bearable...the salary is good also, but it's a trap to keep you with the company.

Cons

Where to start? This place has a lot of potential and could be a really good place to work - however the CEO (American chap) seems to think that having an office full of unhappy people is the best way to go. I'm not exaggerating when I say that there is literally not one happy person in the Glasgow office...so many people are leaving or are off sick due to stress. We recently had a salary increase which sounds great on paper, but what we weren't told at the time is that we were going to have completely unrealistic targets imposed on us. CoStar has always tried to say that it isn't a call centre which is complete BS! We have to make 20 calls a day that are over 90 seconds. Not only that but we have to say ridiculous branding lines on every call to tell people how amazing CoStar are (lol!). Clients pay us for our data - not for the number of calls we make but this seems lost on everyone at CoStar. On top of all the calls, we are supposed to add a certain amount of new properties & deals and also check property websites for any updates. The fun is being drained out of the place as well; we used to have dress down days every Friday where we'd all pay £1 to go to different charities...this has now stopped as well for some bizarre reason.

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CoStar Group Response
9y
Thank you for your comments and for your time with us. Our metrics are carefully tailored to help drive the quality and productivity of research, help researchers improve and create value for our clients. I can understand that it has been challenging to adjust to the metrics but the metrics are a way to measure the activities that lead to a robust, timely and accurate database. The CoStar data obtained by Research is our critical differentiator from our competitors and what clients are paying for.
4.0
Feb 8, 2017

Place for Growth and Learning

Recommend
CEO approval
Business Outlook

Pros

Availability to work with an incredibly diverse and intelligent group of people Although their is hierarchy, there is no issue whatsoever about approaching senior management with a question they form solutions benefits are lovely, the outfit of the offices is also as lovely It's a very smart company as far as who they hire, you're in an environment where there is always someone smarter than you in the room. That's a good room to be in.

Cons

Sometimes, you are over worked Pay is solid but competition will provide better salaries Not a con for me, but you will be working in a very opinionated atmosphere, provides momentum for thought, but not everyone is cut out for it

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CoStar Group Response
9y
Thank you for leaving a review; we appreciate your feedback and your time with us.
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