Mixed Bag - Can be a good start to real estate career
Pros
- If you’re a strong salesperson, and are placed into a community where land has gotten a good deal, there’s a good purchasing manager and strong construction manager in place, you can make A LOT of money - Free lunches several times a week This company can be a good place to get a career in real estate started - many people start here and then go off on their own after a year or so. The job can be quite unstable - there are issues with community counts and inventory. The experience is a mixed bag and swings widely depending on regional leadership and management in the community. Most of my direct managers have been solid - two have been fantastic - great coaches who care about their teams and took an interest in helping everyone hone their craft and skills- one of them created a terrible environment - I dreaded going to work - I could not wait for the inevitable community reshuffle to happen. All information the company provides needs to be evaluated through the lens “do not present information you do not know to be positive” - this the same lens that employees are trained to present information to customers. It’s a strange place to work - the company alternates between selling itself to employees (things like buy the stock, there’s no better place to work, tell a story about how the company has positively impacted your life etc) and telling staff if they leave they can never come back. Overall - it’s a really mixed bag - go in with eyes wide open.
Cons
- Chaotic rotating schedule rarely allows for 2 days off in a row - Management arrogance - the suggestion box is the trash cash. Market conditions and pricing are ignored to focus on margins. - Everything revolves around praising and recognizing sales. Construction managers and office managers are underpaid - top talent is picked off by other builders. - LGI insists on an unhealthy relationship with work — sales staff who don’t work 50+ hours a week / on their days off are told they aren’t doing enough. Belief in the company is constantly stressed - LGI wants employees to live and breathe for the company.
