CoStar Group reviews

2.7

33% would recommend to a friend

(3,024 total reviews)
avatar

Andrew C. Florance

31% approve of CEO

38% positive business outlook

CoStar Group has an employee rating of 2.7 out of 5 stars, based on 3,024 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
Jun 17, 2013
Recommend
CEO approval
Business Outlook

Pros

Learn about CRE industry. Work with talented people. Nice building/work environment.

Cons

A harsh management that is unusually callous given the work expectations.

4.0
Apr 1, 2013
Recommend
CEO approval
Business Outlook

Pros

Managers are very accessible and there are many opportunities to move up. Commercial real estate has very few structured training programs and CoStar offers a month of classroom training and a structured program. Hard working people are recognized by their managers and given as much responsibility as they demonstrate they can handle. However, it is not frowned upon to work solely from 9-5 and there is the option to maintain a great work/life balance.

Cons

Historically, this firm did not recruit from top universities, as a result there are extensive metrics in place to measure productivity. Instead of having the confidence that employees will complete work to the best of their ability and on time, there is a metric for EVERYTHING. This quickly becomes tiresome. Many employees demonstrate ambition, but often this is not embraced by the company. The pay is also not on par with what is required to maintain a high standard of living in close proximity to the office.

2.0
Sep 1, 2012
Recommend
CEO approval
Business Outlook

Pros

CoStar goes a long way to provide unique perks (partly for the prestige it brings them, partly to help cut the painful attrition rate). They are making sporadic efforts to fix the issues that are causing so many to leave, and there are management staff in place who do go out of their way to make the experience a positive one - they are also beginning to promote from within rather than exclusively hiring managers from outside. They are a rapidly growing company that is constantly pushing the envelope for their products.

Cons

The last pro is also a con - because CoStar is constantly trying to do the newest and best thing, the disconnect between senior management and research/sales staff is huge. Contradictory information is given from manager to manager, metrics are changed at the blink of an eye, and you learn quickly not to rely on what you're hearing from management, because chances are it will change by next week. The pay-for-performance environment is made even more difficult to navigate by the fact that senior management can (and does) change parameters for minimum performance, bonuses and contests midstream. Even worse, dissent within the ranks is not tolerated - if you complain too loudly or to the wrong person, you risk having your bonus cut or your position terminated.

Viewing 2596 - 2598 of 3,024 Reviews

Glassdoor has 3,116 CoStar Group reviews submitted anonymously by CoStar Group employees. Read employee reviews and ratings on Glassdoor to decide if CoStar Group is right for you.