CoStar Group reviews

Thanks for providing feedback on your experience as an employee. The Sales department has recently undergone significant changes because of rapid expansion of the company, primarily through acquisitions that have added a large number to the sales force. In order to adequately integrate all the sales forces together, the task was approached from multiple angles and the pros and cons weighed before any decision was made. On the individual level, the leadership team considered a number of factors before determining the most appropriate role assignment. We continually assess what roles/levels are needed in each market and make changes regularly as business needs dictate, and do quarterly reviews of career path promotions as well. We know necessary structural changes won’t always please everyone, but we have been able to better position the department for future growth as our members of the sales force continue to close outstanding deals and make significant headway in the industry. We value our employees’ feedback, both current and former, and take reviews like this into account as we work constantly to make CoStar Group an even better place to work.

Thank you for the feedback, we love hearing about our former employees who have gone on to work for top firms in the industry! Many of our employees are very interested in commercial real estate, and we work hard to give them the knowledge and skills to be able to work with top brokers and investors on a daily basis. There are some who simply don’t have the interest others do, and while it’s tough to reach them on a level that motivates their work, we are always working to increase our employee engagement. As we expand the breadth of our reach as a company, we encourage our researchers to be a part of the new initiatives and projects developing all the time that cover topics that weren’t previously a focus of the Research roles. And with a defined career path for employees, our senior research associates now receive training on management skills, to both provide them with the skills needed to effectively communicate with employees, as well as learn new business skills that aren’t necessarily real estate-specific. We are always working to provide more and better information for our clients. Many of the new initiatives in Research help to not only provide an more details, but having been a focus of a smaller team that works to become experts in the topic result in their ability to provide the client with more information, and serve as a strong source of information. Our bonus policy for Research has been redefined over the last year to help employees understand more and managers to communicate better. All researchers, unless on a corrective action plan, receive a quarterly bonus, and managers determine the amount allotted based on performance, with approval from higher level management.