Established a territory from scratch - Sales Manager Newrez Employee Review

3.0
Jun 29, 2016
Recommend
CEO approval
Business Outlook

Pros

Solid loan platform, well connected and experience senior leadership, good marketing support, and healthy compensation while able to offer affordable price to the consumers.

Cons

Vacuum in leadership and training, multiple lines of business causes each division to not acquire the consistent attention and support necessary from top to bottom. Corporate leaders have very little oversight of each regional management and how things are managed or mid-managed regionally. All UW is centralized for ease of control and management, yet it still has not been properly staffed for market and seasonal swings and consistent turn times. Too much distant between the street and senior leaders.

Explore other reviews about Newrez

5.0
May 14, 2026
Recommend
CEO approval
Business Outlook

Pros

Strong leadership and consistent strive towards growth and success

Cons

None at this current time

avatar
Newrez Response
2mo
Thanks for the positive feedback! We’re so happy to hear that you’re having a great experience with us. Your support means a lot and helps us keep moving in the right direction. We appreciate you taking the time to share your thoughts!
2.0
Jul 1, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Great work/life balance - Awesome coworkers - Lots of opportunities to try new things and be innovative

Cons

- Senior leadership does not value remote workers and doesn't get to know them/engage with them - Frequently lays off remote employees, regardless of performance, achievements, or job role, sometimes without offering options to move or relocate. They also on occasion use underhanded tactics to pressure remote employees to leave so they don't have to pay out severance. Lastly, unless required by your state's law, they never pay out your remaining time off - If you start underpaid, you will remain underpaid even after promotions - Job performance does not impact yearly bonuses/increases. Pay doesn't keep up with inflation

avatar
Newrez Response
2w
Thank you for sharing your experience. Your feedback matters, and we’ll make sure it’s reviewed by our team as we continue working to improve. We appreciate you taking the time to let us know your thoughts.
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