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
1.0
Oct 13, 2013
Recommend
CEO approval
Business Outlook

Pros

There's a lot of camaraderie amongst workers. I'm genuinely struggling for anything else after that.

Cons

First of all, you need to make no mistake about the fact that this is a call centre job. You will sit with your headset on for the vast majority of time, trying to get in touch with agents - who are doing everything they can to avoid your calls. When you do catch them, you are instructed to essentially be brass and get as much information as possible. The agents are rarely forthcoming ,and it can be a painful experience - not least of all, because you KNOW someone is listening in on your calls, and disciplinary measures will be instigated as soon as you don't hit targets. There's also a huge element of salesmanship to working here. Managers. There are a lot of them, and the vast majority have been promoted from research positions. This means they have no experience - and usually that is painfully telling. They go very quickly from being one of your comrades, to 'yes men' out to make a name for themselves. Managers almost never seem to be promoted on merit - I have worked in numerous jobs before, and I know that this happens everywhere, but the influence of the CoStar clique is unparalleled in my experience. I have witnessed people fabricate numbers to boost their bonus, get busted by a manager - and then promptly get promoted. Which brings me to discipline. Again, your status in the clique will HUGELY impact on your likelihood of disciplinary measures being taken against you - but if you're not kissing the right backside, be prepared to be hauled off to a meeting the second you don't hit your targets. Staff turnover is PHENOMENAL, and this is in no small part down to the number of times managers have been keen to make an impression, and have fired people. Honestly, I've seen it happen four times in the short time I've worked here - people have a short meeting with a manager, come out, walk to their desk in tears, pick up their coat, and are lead out. There is a MASSIVE culture of fear in the office - it's why there is such a strong sense of camaraderie. This fear culture drives people to get sloppy and cut corners in order to meet targets. A lot of the time, when you're faced with agents who have an increasing resentment towards you, and you know your manager is on your back as it is, it's an appealing idea. I came to CoStar with a genuine enthusiasm for doing the job as well as I possibly could, with a view to moving up the ladder and really making a career for myself. Within as short a time as three weeks, I realised I had made a mistake. Fast forward to six months, and all enthusiasm has been extinguished. The excessive and unrealistic pressures place on research associates alone is enough to make me hate getting out of bed on weekdays. However, couple that with the appalling management within the place, and the perpetual fear that you could be shown the door for almost no reason - it's been a nightmare. I have spoken to many colleagues before posting here, and with almost no exceptions we all feel the same.

1.0
Jun 13, 2011

damaging

Recommend
CEO approval
Business Outlook

Pros

co-workers are great. All in the same boat.

Cons

management, pricing, the way they treat the clients and employees

1.0
Dec 15, 2010
Recommend
CEO approval
Business Outlook

Pros

Not many pro's to this company. The location in the centre of the city is good. The work colleagues below management are united in their depression and there is a lot of black humour.

Cons

The company - 1. Hires and fires at will. There is NO job sceurity. 2. Make it so that not many people make bonus (most get nothing/next to nothing - the CEO was over from USA yesterday and in a talk to us he was laughing at all the money he is saving by not paying bonus). 3. There is not enough time in the day to do the job and you are forced to do unpaid overtime. 4. If you question anything you are branded as negative and soon shown the door. 5. There are little promotion prospects and these are confined to people who say the right things (even if they are terrible at their jobs). 6. The agents hate talking to us and if we do strike up a good relationship with them it is soon squashed by the way we are forced to act on the phone. 7. The training is badly thought out and does not advance your knowledge of the market. 8. Staff turnover is high. I hardly know anyone I work with now. I could go on and on but this is an american company that treats its employees appallingly. If you are working here I STRONGLY advise you to join a union. If you are looking for a job please give it a miss. Do not get stuck in a rut. If you go for an interview please have a look at the faces in the office and the flat atmosphere. Also ask - How many people get bonus/what is the average bonus? What is the turnover of staff? What unpaid overtime will I have to do?

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