Equity Residential reviews

4.0

76% would recommend to a friend

(1,121 total reviews)
avatar

Mark Parrell

87% approve of CEO

72% positive business outlook

Equity Residential has an employee rating of 4.0 out of 5 stars, based on 1,121 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Equity Residential employee rating is in line with the average (within 1 standard deviation) for employers within the Real Estate industry (3.6 stars).

Reviews by job title

1K reviews
2.0
Sep 6, 2014

Company has a high turnover for a reason.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Not bad for a temporary career move. Has excellent training that you can use for another company.

Cons

Expectations are unrealistic. You easily get burned out. Upper management views you as being replaceable. Hard for minorities to make it to the top, but very easy to get hired for entry level positions. I could go on forever and tell you how Equity loss sight of employee engagement and how so many people hate it.

4.0
Aug 7, 2014
Recommend
CEO approval
Business Outlook

Pros

- If lucky, you may get a property with a great manager. Most places do not, but I did - You learn to master CRM - You can hone your sales abilities with custom tours - YOU can build a skill set on your own, just take on the project you desire: event planning, marketing, etc - Corporate office is responsive - Flexibility with your work schedule - Ability to create your day-to-day schedule - Commission CAN be good if your property is in the right neighborhood

Cons

- Compared to other property management companies, the commission tier is terrible. You barely start seeing 4 figure commissions once you lease 10+ apartments a month - Most communities have terrible management. Managers leave early, speak down to employees - Training = online training that focuses more on software skills and less on sales. Minimal training in-person - NO opportunities to advance outside of leasing. The only way up is towards Sr. Leasing or Property Manager. Interested in accounting, marketing, or corporate affairs? Tough luck. Move to their HQ in Chicago. - Corp office allocates all funds to new communities. Older offices aren't even funded for basic things like business cards. - Culture is all dependent on community managers. - Corp office always trying to increase prices on residents who then complain to leasing agents.

3.0
Jun 7, 2014

It's A Job.

Recommend
CEO approval
Business Outlook

Pros

You can move up the ladder very quickly if you're motivated. Most of the employees I've met or worked with are friendly, likeable people. Plenty of paid days off.

Cons

Compensation unfit considering the high cost of living in the SF Bay Area. Extremely shareholder-orientated company with the ultimate goal of lowering the quality of life for residents while increasing their cost of living.

Viewing 154 - 156 of 1,121 Reviews

Glassdoor has 1,166 Equity Residential reviews submitted anonymously by Equity Residential employees. Read employee reviews and ratings on Glassdoor to decide if Equity Residential is right for you.