CBRE

  www.cbre.com
  www.cbre.com

CBRE Reviews

Updated December 9, 2014
Updated December 9, 2014
564 Reviews
3.4
564 Reviews
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CBRE President & CEO Robert E. Sulentic
Robert E. Sulentic
146 Ratings

Review Highlights

Pros
  • There is no work-life balance and they always try to low-ball when you get hired (in 28 reviews)

  • Great place to learn about New York commercial real estate (in 21 reviews)


Cons
  • Work-life balance not always honored due to competitiveness within the company (in 17 reviews)

  • May just focus on upper management development rather than the lower ranks (in 21 reviews)

More Highlights

146 Employee Reviews Back to all reviews

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  1.  

    Facility Manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at CBRE

    Pros

    One of the big real estate management companies in US

    Cons

    Not a good chance to advance, most Sr management is not capable to lead groups,over sell the service

  2.  

    Account run from out of state.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Seattle, WA
    Former Employee - Anonymous Employee in Seattle, WA

    I worked at CBRE

    Pros

    Large company. Good reputation. Great employees.

    Cons

    Supervisor out of state. No rapid response to phone calls or e-mails. On one's own for immediate decision making. Priorities change weekly. Not run like local accounts.

    Advice to ManagementAdvice

    Better communication. Let employees know the full scope of the job before hiring, including all related responsibilities. No surprises as to job duties that were not specified at the interview and hire dates.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  3.  

    Overall good place to work but can be dull

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Strategic Sourcing Intern in Charlotte, NC
    Former Employee - Strategic Sourcing Intern in Charlotte, NC

    I worked at CBRE as an intern (less than an year)

    Pros

    Compensation
    Time off
    Relaxed work environment
    Independence
    Care about their employees
    Open to new ideas
    Always have solid feedback on work
    Always know exactly what you should be doing, if not, questions are encouraged

    Cons

    Work environment, while relaxing, can get extremely boring
    Although work feedback is always constructive, lag time is an issue
    Work given can be tedious and mind numbing

    Advice to ManagementAdvice

    Management is often extremely busy and gets trapped in a repetitive engagement cycle. I often did not see or hear from my managers until the scheduled weekly/ bi-weekly department meetings. Also, many employees work from home so management is isolated and often difficult to reach out to.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Good company to work at least at the local level.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Accountant in Dallas, TX
    Former Employee - Accountant in Dallas, TX

    I worked at CBRE full-time (more than 3 years)

    Pros

    Global company with good presence and aggressively expanding in all aspects of commercial real estate from leasing, buying, selling and consulting. So if you want gain experience in any aspect of commercial real estate this the place.

    Cons

    Growing to big to fast and like in many large corporations the corporate office is out of tone with the field office. Completely revenue and commission driven. Hard to break in if your are in the brokerage division.

    Advice to ManagementAdvice

    Corporate wisdom is not always the best for the company.

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    Analyst - Debt & Structured Finance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Analyst in Washington, DC
    Former Employee - Financial Analyst in Washington, DC

    I worked at CBRE full-time (more than an year)

    Pros

    Solid Brand. Good opportunities when you leave

    Cons

    Compensation. If you are not a deal originator, your comp will not be on par with other finance professionals.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7. 3 people found this helpful  

    CBRE Staffing Department

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Corporate Recruiter in Dallas, TX
    Current Employee - Corporate Recruiter in Dallas, TX

    I have been working at CBRE full-time (more than an year)

    Pros

    Somewhat flexibility and only those that are liked by management get promoted. The company itself is great and well-known in the industry. Two days work from home is nice.

    Cons

    Upper leadership is the biggest issue in the deparment and holds negative reviews by a majority of the recruiters currently in the department. There's very high turnover rate in Staffing department and company as a whole and that says it all. Almost all recruiters that started in the department 2 years ago have already left the company. Those left will most likely only go as far as Staffing managers if they are liked by current managers. Leadership solicits for advice but does nothing to address the situation. Things are very unorganized in the Staffing department and recruiters do a lot of administrative tasks. There is zero alignment between the Staffing department and the vision and mission of the company.

    Advice to ManagementAdvice

    Focus on career development in Staffing department and create paths to grow into other areas of HR. Create more flexibility with schedule. A set work schedule is taking away from flexbility, especially for those with families. Hire more recruiters with positive, "can do" attitudes.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8. 2 people found this helpful  

    A mix of good and bad. Ultimately, CBRE is doing really well as a global company, but doesn't compensate employees enough.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Receptionist in San Francisco, CA
    Current Employee - Receptionist in San Francisco, CA

    I have been working at CBRE full-time (more than 3 years)

    Pros

    I love my co-workers and clients.

    Cons

    CBRE is really cheap and doesn't pay its employees fairly, even if they've been with the company for 10+ years.

    Advice to ManagementAdvice

    Stop making workers take monthly courses that have nothing to do with their current jobs. Please pay all employees a living wage. Give fair raises.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  9.  

    A True Real Estate Giant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate
    Former Employee - Associate

    I worked at CBRE full-time (more than an year)

    Pros

    Great brand to sell. Lots of fantastic existing corporate accounts. The training was great. The company is a very good fit for anyone with an entrepreneurial spirit.

    Cons

    The firm can be too big at times. As a younger person, its easy to feel like an employee of your team and not an employee of the company.

    Advice to ManagementAdvice

    Pay attention to the Senior to Junior team relationships.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  10. 1 person found this helpful  

    The honest and lonely truth about Commercial Appraisal as a Valuation Analyst (at the Green Machine)

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Valuation Analyst in Minneapolis, MN
    Former Employee - Valuation Analyst in Minneapolis, MN

    I worked at CBRE full-time (more than an year)

    Pros

    Large Company Environment (If that is what you like)
    'Success' is largely determined by how many hours you want to put into the job/and how hard you want to work.
    Extensive learning about the valuation of commercial real estate fundamentals
    Ability to commiserate with other employees who are not extremely happy with their jobs.
    This job is a great fundamental job to understand the general business world, cash flows, Market Fundamentals, etc. I wish I would have gotten this job at a younger age because of the pure basis of understanding the valuation of assets... As a mid-career change, this job made me feel more like a rented mule than a valued team member.

    Cons

    Sink or Swim Environment

    Very little training, and there is nobody to go to for support.

    MINIMUM 45 hours per week. With a high emphasis on MINIMUM. That does not include lunch, or any other breaks. On a regular basis, you will not leave until after 6 pm or 6:30 pm (after arriving at 8 AM or earlier and taking a minimal lunch breaks).

    Long hours wouldn't be a problem if the pay for valuation analysts wasn't so low. Despite this, once you graduate to working on commission only, the pay is still very low until you are a certified general because of the splits that you share with the company and the MAI (senior appraiser) whom you work for.

    When I say the pay is very low for commission work, I mean you likely won't make 50K even after WORKING A MINIMUM of 45-50 hours per week as a Valuation Analyst that is working on a commission basis. You make +/- 30K to start out as an analyst not on commission.

    Environment is very much 'solo'. Despite having co-workers, there were many days that you would have minimal interaction with other people because of the intensity of the work.

    From my experience the company was very much like a bunch of independent contractors working within the same office environment. This can be fine if you are a seasoned appraiser who doesn't need any assistance with getting started. (I was also told that this is somewhat unique to our specific office, but cannot confirm this)

    As a valuation analyst, much more support is needed to promote success among the valuation analysts' which makes for a difficult environment to work in.

    While I would comment that the majority of the personnel in the office were very affable, there were a couple/few who made the environment very difficult to work in based on their strong and condescending personalities. If it is possible to steer clear of these people, the job might not be so undesirable. If you cannot steer clear of such personalities than this job is like an emotionally abusive personal relationship.

    Discussions with some other commercial appraisers seemed to confirm that commercial appraisal is a job which can be difficult to leave once you have made it to a certain level because the pay can be so good, and the hours at that time can be 'flexible' (despite the fact that they are many)...So, despite not loving one's job, it can be difficult to leave because of the hardship one has to go through to get to that level. I am sure this is not exclusive to commercial appraisers, but many other professionals probably find this; I believe it is referred to as the sunk-cost-fallacy.

    In any case, this job might be great for somebody who is just out of college, willing to work ridiculous hours for menial pay, so that by the time they realize that they have been underpaid/over worked, they are within reaching distance of their Certified General Certificate; and then are able to break free.

    Breakdown of time generally - 25% writing the front end of a report & researching environment, 30% confirming comparables, 25% analyzing value, 10% Reviewing report, 10% looking for resources that should have been made more easily available.

    Advice to ManagementAdvice

    Spend more time developing valuation analysts. Sending them to CBRE training in another part of the country comes either way too early in the cycle, or way too late. Also have more support within the office for the entire team (Analysts and Seasoned Certified Generals/MAI's)

    Neutral Outlook
    No opinion of CEO
  11.  

    Not bad, but not impressive, either

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Accountant in Seattle, WA
    Former Employee - Senior Accountant in Seattle, WA

    I worked at CBRE full-time (less than an year)

    Pros

    They had education reimbursement and all the standard benefits (retirement, health, vision, dental, paid leave, vacation, sick days, etc.) Did not experience excessive stress in meeting my deadlines. Responsible for a manageable portfolio (work load.)

    Cons

    Pay was lower than market in the region and there were no bonuses. Management at the regional level was not bad, but the corporate level did not engender an overall sense of employees being valued.

    Advice to ManagementAdvice

    Really don't have any advice to give; pretty standard corporate environment. Continue offering education reimbursements and standard benefits. Perhaps the employees who work in the areas where our jobs were transferred to make market wages (and was why our entire office was closed.)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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