CoStar Group Reviews

Updated July 22, 2015
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CoStar Group President, CEO, and Director Andrew C. Florance
Andrew C. Florance
36 Ratings

Pros
  • You will learn much about commercial real estate (in 25 reviews)

  • Good benefits, company is stable and growing (in 27 reviews)

Cons
  • The main problem really is that upper management are like headless chickens (in 33 reviews)

  • senior management is delusional (in 21 reviews)

More Pros and Cons

70 Employee Reviews

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  1. Account Executive

    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CoStar Group

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great perks, worked downtown so that was a plus. Opportunity to make a lot of money if you work hard. Monopoly on the commercial real estate information market. Great benefits.

    Cons

    Long hours sometimes. Very heavily judged on metrics. Training could be better. Somewhat a sink or swim company. Strong competition. You really need to work hard at all times. Some reps are shady.


  2. Research Associate

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at CoStar Group

    Pros

    Decent Pay, good training, good managers

    Cons

    Limited growth potential, big company feel


  3. Great for a job to put on a new resume

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

    I worked at CoStar Group full-time (More than a year)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Young work environment. Sales training. Easy hiring process. Good benefits, 401K, office.

    Cons

    Things were changing as I left. Hired less employees out of college. Culture was changing. Will fire you if you don't hit quota.

    Advice to Management

    Bring back the fun.

    CoStar Group Response

    Jul 15, 2015

    Thanks for the feedback. We love being able to give recent college grads, but none of our positions have ever catered exclusively to that demographic, and we seek a diverse culture in CoStar Group ... More


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  5. Helpful (3)

    HR

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

    I worked at CoStar Group

    Doesn't Recommend
    Doesn't Recommend

    Pros

    Good benefits, great wellness program

    Cons

    Need better management, commuting to DC is terrible, commuter & parking benefits should be increased

    Advice to Management

    Listen to your employees about improvements and bad managers

    CoStar Group Response

    Jun 29, 2015

    CoStar Group is constantly working to look at all the feedback and assess the best possible routes of action for a positive long-term result. But from such feedback we have been able to introduce new ... More


  6. Helpful (3)

    Research Associate II

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Research Associate II in Atlanta, GA
    Current Employee - Research Associate II in Atlanta, GA

    I have been working at CoStar Group (More than a year)

    Pros

    fast paced environment, willing to promote you pretty early on in your career, can build relationships with commercial real estate professionals outside of costar

    Cons

    research is a daily grind, and it can get frustrating to have a bunch of work that you need to do for your clients, but really all some managers care about is how many calls you get. it is frustrating to have to stop doing work for your paying client to call on people who represent one property in the suburbs just to be able to hit a call metric

    Advice to Management

    i know it has gotten better, but ease up on the call metric

    CoStar Group Response

    Jun 29, 2015

    Thank you for the feedback. Our researchers do a fantastic job of building lasting relationships with many of our clients, while also working tirelessly to improve and expand our information ... More


  7. Helpful (1)

    Territory Representative

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

    I worked at CoStar Group full-time

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Opportunity to make a lot of money. Young, face paced environment with supportive management. Overall outlook on the company is strong through acquisitions and vision. Great coworkers

    Cons

    This is a job for the right type of person. If you are willing to make many, many, many cold calls in order to make a lot of money for a recent graduate, then this is for you. Really ask yourself if that's the environment you can shop up to for 9 hours a day.

    Advice to Management

    This is a job that most graduates go into with little to no experience. More of a learning curve should be accounted for.

    CoStar Group Response

    Jun 26, 2015

    Thanks for your feedback, and it’s true that sales positions are best suited for a certain type of person. Particularly in Inside Sales, which you describe, we are able to provide representatives ... More


  8. Contract Specialist

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

    I worked at CoStar Group full-time

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    The company itself is very forward-thinking, innovative and have healthy initiatives. My colleagues were great to work with. Program Developers are on their game, constant updates to keep up with times / changing markets.

    Cons

    It's hard not to feel like a number because the company is so huge. I have to talk to a supervisor to talk to a manager to talk to my director to talk to HR...

    Advice to Management

    Take more time in seeing whether people should be promoted to a "management" role - aka make sure they are a "people person" and actually know how to deal with a team...

    CoStar Group Response

    May 28, 2015

    We appreciate the feedback. I want to make sure you know that the lines of communication are more open than you may think. Any inter-departmental questions you may have can often be handled more ... More


  9. A quite, fast paced atmosphere with poor company structure seemingly.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Research Associate in Atlanta, GA
    Current Contractor - Research Associate in Atlanta, GA

    I have been working at CoStar Group as a contractor (Less than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    The ability to gain a entry level position in the Commercial Real Estate industry. Great location in the city of Atlanta to work. Management is very respectful towards employees. Enjoyed working with A. Ferris, she is such a sweet and charming person. Management are great leaders, and I have experienced awesome coaching sessions which allowed me to excel in my work production.

    Cons

    There are no clear goals and understanding of employee potential growth within the company. Evident the turnover rate is high, but it seems it comes from individuals with poor work ethics. There's a lot of the associates whom I can determine from listening to them they are not humble for the opportunity that was granted, and feed new associates with bad information which quickly deter anyone with an unstable mind to look for other employment based off their bad experiences.

    Advice to Management

    Management was great!!

    CoStar Group Response

    Mar 27, 2015

    Thank you for your feedback, and it’s great to hear a shout out to our great managers down in Atlanta. The contractor position in Research is a new one to the company, and as a result we have taken ... More


  10. Helpful (3)

    Account Executice

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

    I have been working at CoStar Group

    Pros

    Great product in Tier 1 Markets however it still needs major improvement in less developed markets. The growth at the company is exciting and there is always a changing company culture.

    Cons

    Really low base salary considering the amount of responsibility and new business representatives should not be punished with withheld commission due to lack of full usage each month despite CoStar still collecting revenue from the client. I feel that full commissions should be paid out on sales not a fraction of your commission based on the usage.

    CoStar Group Response

    Feb 18, 2015

    Thank you for your feedback. You’re right that there is room for improvement in some of the smaller markets, but as we focus first on meeting the needs of the more concentrated areas of the country ... More


  11. Helpful (4)

    Reasonable, but you're a robot at the end of the day

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Research Associate II in Washington, DC
    Current Employee - Research Associate II in Washington, DC

    I have been working at CoStar Group full-time (More than a year)

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    Pros

    You get free gym membership, lots of great snacks and drinks, a comfortable work environment (as comfortable as cube life can be) and your peers are generally young and always up for happy hour. The work culture is fast paced and the days go by quite fast when you're busy with special projects. When you start, you'll have a terrible portfolio until you work your way up to more clients; then it is more rewarding and you will actually have work to do.

    Cons

    You're a robot. You sit at your desk and input data and work from spreadsheet hell. If your'e the creative type, your brain will slowly rot working here. It is very fast paced, but special projects kill your numbers and then they expect you to be fabulous regardless of that. Numbers number numbers. The pay is not great. If you live in DC, good luck on their HOURLY rate. Also be prepared for big brother watching your every move. They'll track you if you leave for a 10 minute cig break. It's super corporate and HR expects everyone to be perfect little angels. Too bad that's incredibly wishful thinking.

    Advice to Management

    Management is all over the board. Some are really fine entrepreneurs while others could care less. To those who care a bit TOO much, stop worrying about a punch out that was 2 minutes over 8 hours and worry about more important things.

    CoStar Group Response

    Feb 4, 2015

    The nature of research, particularly in the commercial real estate industry, is based in analysis and information, and yes, spreadsheets are involved. We know that type of work does not suit everyone ... More



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