CoStar Group reviews

2.7

34% would recommend to a friend

(3,017 total reviews)
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Andrew C. Florance

32% approve of CEO

38% positive business outlook

CoStar Group has an employee rating of 2.7 out of 5 stars, based on 3,017 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
Apr 27, 2014
Recommend
CEO approval
Business Outlook

Pros

This is a good place for someone just out of college, and a good place to learn the basics of the CRE industry. However, anyone who comes on board should consider moving on after a year.

Cons

The work is very monotonous and boring. I don't understand why they require a college degree, because it doesn't take a great level of intelligence to perform everyday job duties. Management team is obviously young and inexperienced.

3.0
Apr 26, 2014

It was a short, but pleasant experience

Recommend
CEO approval
Business Outlook

Pros

GREAT benefits... STRONG product... virtually ZERO competition... #1 in the CRE industry.

Cons

Big Brother like. VERY metrics driven, everything must be entered & tracked in their CRM system. Loved the training department, but felt they seemed disorganized... Not sure an entire 3 weeks++ away from the field was totally necessary. Some things could have been condensed into fewer days. Additionally, if we completed the days activities by 4:45m, why not let us leave? We felt that we were kept there till 5:30 to placate management.

2.0
Apr 24, 2014
Recommend
CEO approval
Business Outlook

Pros

-Coffee/healthy snacks -Location -Great and intelligent co-workers

Cons

-Telemarketing type work although not properly defined on the actual job description or interview -It is truly not "research' or analytics. You never have the opportunity to really dive down on the true market data and study any CRE trends, this is due to the 2min call matrix that you have to meet daily. So you constantly find yourself, dialing or leaving voice-mail and not doing any meaningful work. No meaningful research, just data input. You get a broker on the phone, ask the scripted questions, if you forget to ask something you get a bad quality assurance score. And you dial again, and do the same thing again. Over and Over and Over. -Busy work, and no acknowledgment in return -Late or not paid out bonuses despite the immense work that you put in during a certain quarter -It is a cut-throat environment, you can sense the tension on the research floor daily -Every Spring, there is a massive lay off, known as "Spring cleaning" by Costar terms. It is pathetic, the terms in which they fire an employee -Very high turn-over rate, more spend on recruiting then ensuring your current employees are satisfied -You're the front face of Costar, consistently branding however sales gets the actual credit/pay if a client subscribes -Environment can get quite unprofessional. While, I enjoyed company HH, drinking with your boss and then showing up the next day hungover is not your ideal professional environment. A lot of managers drink with their employees. Granted, the managers are immature and most of them are previous researchers in their early-mid 20s. -Hard to interrupt brokers from their daily tasks to call and update on the phone every month for a property that is still on market and nothing has changed with the listing especially if that broker has 30+ listings -Micromanagement to the core -No respect for researchers. Ex. A broker was very rude, and used profanity with me over a call to which then I had to respond by disconnecting the conversation. Once discussed with the manager, she criticized me on having ended the conversation, despite the fact that I had asked the broker politely to please not use profanity -If you miss a day because you are sick or you want to take a personal day, everyone thinks you were interviewing with another company

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Glassdoor has 3,109 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.