CoStar Group reviews

2.7

34% would recommend to a friend

(3,017 total reviews)
avatar

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
1.0
Dec 16, 2013
Recommend
CEO approval
Business Outlook

Pros

Great coworkers on your team, nice snacks, good gym but you'll never have time to use it. Introduces you to real estate industry and you can connect with some good cre people when you decide to leave.

Cons

The work life balance here is totally ridiculous due to the metrics. You have to stay late to try and meet the bare minimum for a bonus (which you will never receive). This place has such a big brother atmosphere and all the telephone calls are taped. You constantly get yelled at by brokers or hung up on b/c they don't want to talk to you but yet you'll get audited poorly for not stretching the conversation. This two minute phone call is bogus when people don't want to stay on the phone for 5 seconds. Management has there head up in the air and constantly push initiatives that the higher up managers think will work but there so detached how would they know. If you told them to call a portfolio they couldn't handle it. The weak managers, I'm sorry the managers who just say yes and don't push the envelope to actually make the company better are promoted. While the people who actually know what they are doing, who have trained the teams and often times the managers being promoted are the ones who are constantly ignored or put down b/c they don't want them to leave the floor.

3.0
Dec 15, 2013

Great people, ok jobs

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The people are awesome, especially if you work in Research. Everyone is really young. People work hard and play hard. There are always team events, happy hours, and parties. You will make great friends. The company is alsp a great place to get a broad overview of commercial real estate. You will make a lot of connections and learn about the different roles in the industry. You may even get poached out for another job by one of the contacts in your portfolio. The company is doing really well financially so no need to worry about layoffs.

Cons

The bonus structure is a joke if you're in Research. There's not a lot of room to advance vertically. If you want to go to another department, though, it's a big company so it's fairly easy to move.

1.0
Dec 14, 2013
Recommend
CEO approval
Business Outlook

Pros

Not too many positives to be honest. The office is slap bang in the centre of Glasgow, close to a plethora of eating establishments and pubs for a post torture aperitif. Let's be honest, if you work here, you have more than earned it. The starting salary is decent, but does hold many unhappy folk over a barrel so to speak. Despite the work being stultifyingly dull, there is good camaraderie in the office. The research team are, in the main, good people, but as others have mentioned, this may be due to the team unifying in the face of stifling, robotic management.

Cons

If it wasn't for the pesky word count, I could outdo Tolkein in this section. Where to start? Why not kick off with the targets. Of which there are a few. The main one being a call target. But this is NOT a call centre. No siree, despite the fact all calls are recorded and monitored. Despite the fact the telephone is pretty far down the pecking order as far as 21st century communication methods are concerned. Micromanagement rules here, but many of the managers allegedly do not know what this is. On the subject of management, most of the team leaders have been promoted from within. Sounds good so far? Surely means the company has fantastic opportunities for promotion? On the face if it, the answer is a firm yes, but most of the robots who are promoted have no managerial experience. Or people skills. This also makes them easier to control by senior management. The puppet strings are still visible from certain angles however. The fact that only one externally appointed manager remains with the company compounds the above point. Many of the management team would publicly execute their granny if it means their own reputation remains untarnished. Self importance is the overwhelming vibe among the management clique. On to the job itself, which is shockingly mundane. There is no exaggeration here, the reality is you are expected to spend all day on the phone trying to reach commercial surveyors who must be bored senseless listening to the same tired buzz words every month. Costar claim to be a customer focussed company, but any negative feedback, whether it be from subscribers or staff is swept under the carpet. If you are a member of staff who has any sort of constructive feedback, you are dead meat. I know the last couple of paragraphs sound like a dystopian yarn, but this is the cold hard truth. You cannot speak up against management, it is a hate crime in the crazy world of Costar. It is blatantly obvious from the review pattern that senior management have cast their eyes over the feedback. Why? Because in true Costar fashion, rather than take the negative points on board and try to improve working conditions, they get some of the aforementioned puppets to write happy clapping reviews in a quest to shunt any negativity from the front page. Well done guys, Uncle Joe would've been proud. I have also noticed at least one particularly critical missive from last year has been removed completely. Despite what HR used to tell us, staff turnover is pretty high. I can think of at least a dozen medium to long serving staff that have left research after me. Costar bucked a lot of trends a few years back in a depressed job market. They had their pick from a rich talent pool , many of whom had been made redundant from positions in their chosen area. With the upturn in the job market, many of these people (myself included) have returned to their chosen field. Perhaps this may trigger the powers that be into improving working conditions and lessening the need for that revolving door. Despite the above assassination, I do think Costar could be a decent place to work. If senior management dismounted from their high horse and actually listened to the staff and subscribers, the resulting overhaul would cause a wholly positive change in working conditions. I mean, imagine listening to constructive feedback from subscribers. They are only responsible for inward cash flow. Guess I am just a maverick.......

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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.