CoStar Group reviews

2.7

33% would recommend to a friend

(3,019 total reviews)
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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 3,019 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
5.0
Jun 11, 2015

Sr Software Developer

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Very talented and competent team. Get to challenge status quo and learn new things. Very Micosoft/.Net focussed stack but willing to try out new tech. While not a startup the office does have a good vibe including great snacks.

Cons

Business casual and terrible flex work policy.

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CoStar Group Response
11y
Thanks for the feedback. We take information like this into account as we look at ways to keep evolving and improving our company. Best of luck to you in the future.
1.0
Jun 9, 2015

Stay Away

Recommend
CEO approval
Business Outlook

Pros

- Job is really easy, so it was a stress-free paycheck while I found my next thing - Will never take work home with you, but it's not like you're engaged enough to want to do that - Transit subsidy - If you are in grad school, this is a BS job to help get some money while studying - I probably got "worst job you ever had" out of the way at a young age

Cons

- Your entire job is data entry, fueled by cold calling, with a splash of luke-warm calls - You are simply a cog in the machine - Everyone is equally unhappy with their job; won't exactly be inspired by the passion of your coworkers - Don't believe the false promise about the training class teaching you commercial real estate principles; the training is 3 days of really basic stuff like "this is what an industrial building is", followed by 7 days of learning the software, and then 10 days of cold calling training - You do the same thing every day, over and over. Gets old very fast. - I guess $40,000 is ok if you've never had a job, but your soul is worth more than that. Not enough money to be miserable - No ability to work from home, so no flexibility. Either come in or use one of you slowly accruing vacation days, no matter the weather. This isn't high school, no one is asking for an off day in a snowstorm, just the ability to work from home. - Quickly realized I was overqualified, and got out fast because it weakened my resume - Perhaps most egregiously, they have completely ruined Jeff Goldblum for me with an awful marketing campaign

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CoStar Group Response
11y
As is the case for most research roles in any company, all research associates input information into our database in order to provide content to the product our customers subscribe to. But our researchers also speak with key players in the real estate industry, develop relationships with them and in many cases serve as an additional voice while brokers, investors and tenants make key decisions. As such, 80% of the learning comes from the experience, not the initial days of classroom training. Our training provides our employees with an introduction into commercial real estate, but it’s through market interactions that they gain the expertise that is highly praised by our clients. We have a very large Research department, and as a result would not be able to facilitate remote working. To counter this, we work hard to provide great in-office employee benefits, from commuter subsidies to salads, fresh fruit and coffee restocked on a daily basis. Our researchers, unless having agreed to an additional project that requires overtime for which they are appropriately compensated, work 40-hour weeks and don’t have to take any work home with them. In cases of inclement weather we do operate on a liberal leave policy, which is standard for many companies.
3.0
Jun 4, 2015
Recommend
CEO approval
Business Outlook

Pros

fast paced environment, willing to promote you pretty early on in your career, can build relationships with commercial real estate professionals outside of costar

Cons

research is a daily grind, and it can get frustrating to have a bunch of work that you need to do for your clients, but really all some managers care about is how many calls you get. it is frustrating to have to stop doing work for your paying client to call on people who represent one property in the suburbs just to be able to hit a call metric

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CoStar Group Response
11y
Thank you for the feedback. Our researchers do a fantastic job of building lasting relationships with many of our clients, while also working tirelessly to improve and expand our information database. From an upper management standpoint we do not evaluate our researchers’ success based on the number of calls made. Still, phone conversations with both clients and non-clients are necessary to verify information in our database that is used on a daily basis. We are always evolving our practices to better measure the quality of our work, and trust that you will continue to see less emphasis on call metrics as we continue to evolve the research process over time.
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