Equity Residential

  www.equityapartments.com
  www.equityapartments.com

Equity Residential Reviews

Updated September 28, 2014
Updated September 28, 2014
141 Reviews
3.1
141 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Equity Residential President, CEO, and Trustee David J. Neithercut
David J. Neithercut
94 Ratings

Review Highlights

Pros
  • Equity Residential (EQR) is an emotionally intelligent organization that understands the value of work-life balance (in 6 reviews)

  • Great training, great benefits, wonderful opportunities (in 10 reviews)


Cons
  • Upper management can be very unresponsive especially if you are working onsite (in 21 reviews)

  • Work-life balance can be very challenging in some departments or some locations (in 7 reviews)

More Highlights

27 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Intern

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

    I worked at Equity Residential as an intern (more than an year)

    Pros

    An amazing company culture that encourages growth and develops employees

    Cons

    Growth and garnering new responsibilities and can be challenging

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Terrible Commission Structure, Great Autonomy

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Leasing Consultant in Santa Clara, CA
    Current Employee - Leasing Consultant in Santa Clara, CA

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

    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.

    Advice to ManagementAdvice

    Provide more in-person training, hire more workers IN the office, and remember to focus on your existing properties and not just the new ones.

    Recommends
    Negative Outlook
    No opinion of CEO
  3.  

    Exciting

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Leasing Consultant in Los Angeles, CA
    Current Employee - Leasing Consultant in Los Angeles, CA

    I have been working at Equity Residential full-time (less than an year)

    Pros

    Lots of job opportunities and education.

    Cons

    If you are at a big property you will always be busy; require good time management.

    Advice to ManagementAdvice

    Hire Receptionist

    Recommends
    Positive Outlook
    Approves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Great place to gain base experience in real estate and property management

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

    I have been working at Equity Residential full-time (less than an year)

    Pros

    Good sales based pay (Work hard make good money), Most coworkers are fun and intelligent, Occasional fun company events, I work at a very nice property, progressive company, approachable corporate staff

    Cons

    Residents who complain (can't escape this in Real Estate), No uniform (dress clothes) stipend, old software.

    Recommends
    Positive Outlook
    Approves of CEO
  6. 1 person found this helpful  

    A Good Company that Rewards Results

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Property Manager in Plantation, FL
    Former Employee - Property Manager in Plantation, FL

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

    Pros

    The upper management is very fare, and try there best to create a successful working environment. The benefit package is good, and they like to promote from within.

    Cons

    The middle management likes to micro manage, and can get in the way of progress. They didn't seem to realize that the staff on sight was very capable.

    Advice to ManagementAdvice

    Trust the staff on site running the day to day operations, they know the ins and outs because every property has is own different challenges

    Recommends
    Positive Outlook
    No opinion of CEO
  7.  

    Leasing Consultant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Leasing Consultant in Fort Lauderdale, FL
    Current Employee - Leasing Consultant in Fort Lauderdale, FL

    I have been working at Equity Residential full-time (more than 5 years)

    Pros

    Strong company with strong culture. Potential to make decent commission. Flexibility between properties. Good benefits. nationwide company allows flexibility between states.

    Cons

    Company is strictly about profits and numbers. Amount of work allocated for position is at times overwhelming. Less and less room to grow. Company seems to be downsizing.

    Recommends
    Negative Outlook
    No opinion of CEO
  8.  

    Good Company

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

    I have been working at Equity Residential full-time (less than an year)

    Pros

    Decent pay and good training

    Cons

    Less empowerment, need more staffing for each community, publicly traded so tighter budgets

    Recommends
    Neutral Outlook
    Approves of CEO
  9. 1 person found this helpful  

    electricalpainting plumbing heating and ventilation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Maintenance Technician in Los Angeles, CA
    Former Employee - Maintenance Technician in Los Angeles, CA

    I worked at Equity Residential full-time (more than 5 years)

    Pros

    to gain and learn more experience about electrical

    Cons

    always on call at2 am at times 4am

    Advice to ManagementAdvice

    its hard to accomplish the regular shift 8 hours in the morning and do an extra call

    Recommends
    Positive Outlook
    No opinion of CEO
  10.  

    Ever changing company that allows growth from within.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Community Administrator in Westminster, CO
    Current Employee - Community Administrator in Westminster, CO

    I have been working at Equity Residential full-time (more than 8 years)

    Pros

    Equity Residential has great benefits.

    Cons

    Equity Residential runs with a corporate backbone.

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Great place to learn

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

    I worked at Equity Residential as an intern

    Pros

    Management focuses a lot on teaching about the basics of property management. Employees are great and very laid back.

    Cons

    Not many cons from working here other than residents may be a handful at times. Management always has its employees backs.

    Recommends
    Neutral Outlook
    Approves of CEO

Equity Residential Photos

Work at Equity Residential? Share Your Experiences

Equity Residential

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.