Biggest REIT in the US. Great if you are entry-level in real estate - Leasing Consultant Equity Residential Employee Review

2.0
Feb 23, 2015
Recommend
CEO approval
Business Outlook

Pros

Equity is the largest REIT in the country which is great for your resume or starting a career in Real Estate. Depending on the property you work at, you can and will learn a lot from the building, your co-workers/managers and the tenants themselves. I would recommend a Leasing Consultant job to anyone who has graduated High school and wants real estate, sales or customer service experience. Great Employee stock share purchase plan, 15% discount. Health Plan, not bad Rent Discount if you live in a company property - 20% (should be higher..)

Cons

Being the largest, it also comes with a handful of cons. Employee moral and climate vary from property to property. The worst is the schedule. Work life balance is non-existent and even though you get 7-10 holidays/PTO it often times is denied by managers when requested. Weekends are required at every property. Friday, Saturday, many Sundays too. Mid-level management positions have been eliminated making it nearly impossible to advance unless you possess accounting skills. Overtime is necessary during busy seasons but highly frowned upon by managers who are charged with balancing a property budget (ie. Overtime pay kills their budget). If you are unlucky and get a bad community or property manager you will be miserable. All training is baptism by fire or on the computer, so, not effective. Finally, it is a public company so the top 3 priorities of senior management is 1) Stockholders, 2) Stockholders, 3) Earnings report for Stockholders

Explore other reviews about Equity Residential

5.0
May 28, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

great benefits and pay along with culture

Cons

don't have any at the moment

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Equity Residential Response
4w
Thank you for taking the time to share your experience with Equity Residential. We’re thrilled to hear that you’ve had such a positive experience and that our benefits, compensation, and culture have stood out to you. Creating an environment where employees feel supported, valued, and empowered to succeed is a key priority for us, and it’s rewarding to know that those efforts are reflected in your experience. Feedback like yours reinforces our commitment to investing in our people and fostering a positive workplace culture. Thank you for being part of the Equity Residential team. We appreciate all that you do and look forward to your continued success with us!
1.0
Jun 19, 2026
Recommend
CEO approval
Business Outlook

Pros

The communities are physically nice

Cons

The biggest problem is the current tour policy is sheer insanity. On-site staff are already burning out by headcount being reduced whenever possible, and on top of it, they have made tours unlimited (5 tours can be booked at once, and this can happen every 30 minutes, even for 1 person working). Leasing agents and on-site staff are going to leave, burn out, continue calling out causing further short staffing. PLEASE do something about this policy before our office staff disintegrates, it is truly awful.

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Equity Residential Response
1w
Thank you for taking the time to share your feedback and for your continued contributions to Equity Residential. We appreciate your recognition of our communities and the care that onsite teams put into creating positive experiences for residents every day. We're sorry to hear about your concerns regarding tour scheduling, staffing levels, workload, and the impact these changes may be having on employees and residents. We understand that onsite teams play a critical role in our success, and feedback about operational processes, resource allocation, and employee experience is important. We appreciate you sharing your perspective and specific concerns. Input from our onsite teams helps inform ongoing conversations about how we support employees while continuing to meet the needs of our residents and communities. We also encourage you to continue sharing your feedback with your HR Business Partner, leadership team, or through our confidential Call to Action Hotline (800-231-5699 or CallToActionHotline.com) so concerns can be reviewed through the appropriate channels. Thank you again for your honesty and feedback. We value the work our onsite teams do each day and appreciate you taking the time to share your experience.
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