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
5.0
Feb 7, 2018
Recommend
CEO approval
Business Outlook

Pros

Great training program when you start lasting 4 weeks and a chance to visit the Research HQ in Richmond, Virginia, USA. Once training is complete you are given feedback and support regularly by the management team. In particular the London management team have done a great job in creating a really nice environment to work in and keeping the team engaged both professionally and sociably. Our recent both to The Shard is the icing on the cake getting to work in such an iconic and nice office space!

Cons

Haven't found any cons as of yet - working hours, salary and working environment are all great.

1.0
Dec 3, 2016
Recommend
CEO approval
Business Outlook

Pros

There are literally none I can mention

Cons

Literally the worst job you could ever have, A fake cheesy culture of fun, ridiculous targets, cold calling, harassing surveyors who don't want to talk to you, puppet managers who are morons, micro management,

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CoStar Group Response
9y
Our team works hard to link individuals with roles we think they’ll thrive in but it sounds like we have a mismatch here. For that, we’re sorry, but we do want to clear a few things up. We actively seek input from employees through many forums, including, one-on-ones, a company-wide survey, Glassdoor and our hrdepartment@costar.com email (our door is always open). We know calling can be difficult but often it’s the best or only way to obtain the information our clients need. Our targets align squarely to driving value for clients and are regularly assessed for effectiveness.
1.0
May 22, 2013
Recommend
CEO approval
Business Outlook

Pros

Pretty good coffee machine in the kitchen. The opportunity for progression will always be there as staff turnover is so high.

Cons

***Data administrator*** Let me first start by saying that I fully appreciate that there's only so much you can expect from a low-paid, low-level, unskilled job like a 'data administrator'. However, no matter how low your expectations are, CoStar will inevitably leave you disappointed - staff moral is truly abysmal. I have worked in numerous other low-level positions, and none have compelled me to write a review about them out of disgust. Expectations at CoStar can be unrealistically high at times. CoStar will tell you from the outset that they expect the work to be carried out to a certain standard, as the quality of their research is what distinguishes them from their competitors, and the reason clients pay through the nose for it. In reality, CoStar absolutely foster an environment where cutting corners and producing often inaccurate work is encouraged, by financially rewarding those who input the most data. CoStar do not and will not acknowledge that quality and quantity are often inversely related, and that conducting thorough research can be time-consuming. Your performance is also measured by your QA score – this is somewhat farcical, as it’s not uncommon to go days at a time without having your work checked, and when it is, it’s usually only a randomly-selected fraction of what you’ve produced. This means that not only are your targets often unattainable, but your QA score boils down to pot luck. The biggest problem with CoStar however is the staff turnover rate. Another post on here suggests a rate of 60% of ‘research executives’ failing to last two years at CoStar. From my experience of the data admin role, that figure will be closer to 90% - whilst the position has only existed for circa ten months, very few of the original team survive today, and many others have came and gone in that time. There are regularly emails going round advertising positions, as staff will jump ship at any given opportunity. This is widespread in CoStar – it’s genuinely not uncommon to have a new manager every month. Whilst there should be an element of consistency regardless of who is in charge, there seems to be an inevitability to the flow of contradictory information arising from this managerial merry-go-round. Managers tend to be promoted from within to plug the holes – although I personally had not known any prior to their promotion, by all accounts the personality changes witnessed is frightening. One manager in particular fired three people in the space of around a month - including one on their first day in charge, in blatant attempt to forge a reputation. This was out of a team of about 20. This has seen moral hit rock-bottom, as there is the constant lingering fear of dismissal. One colleague carries his pre-written notice around with him, in a bid to pre-empt any firing. Others have been sacked recently for some ridiculously trivial matters - if you hand your notice in, you can expect to be let go prior to working your notice. The attitude of managers to staff is deeply concerning – do not expect any support from your manager, as they’re simply seeking self-preservation/progression tactics, and will gladly do so at your expense. We genuinely work with the very real fear of being let go at any given time. Echoing the sentiment of another review on here – CoStar is essentially a call centre. You are expected to make calls in data admin positions, but ‘research executives’ are glorified call centre operators. Emails are circulated from management encouraging more and more calling seeking leads. All calls are monitored, your emails are DEFINITELY read, and screenshots taken remotely.

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