Situs Reviews

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Steve Powel
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Pros
  • Some can really learn a lot if you position yourself around the right individuals (in 3 reviews)

  • I agree with others that the benefits are excellent (in 2 reviews)

Cons
  • We will simply continue to collect our senior management quotes of the week or month (in 8 reviews)

  • Senior management at the Director level is unprofessional and unethical (in 3 reviews)

More Pros and Cons

6 Employee Reviews

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  1. Hasn't been called The Situs Companies for a over 2 years now, new ownership. Called Situs now.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Houston, TX
    Current Employee - Vice President in Houston, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Situs full-time (More than 5 years)

    Pros

    New owner is mortgage legend Lewis Ranieri. Old owners where disconnected and irrelevant, no wonder poor reviews. Company has expanded aggressively in US and Europe over past two years and is market leader in outsourced due diligence and retained risk loan servicing and asset management. Client list represents top banks and private equity firms globally. Situs is a good place for those looking for career exposer and an opportunity to learn.

    Cons

    Poor reputation of prior owners have been challenge for company recruiting in Houston. Company has 11 offices in US and Europe.....culture is progressive, educational and supportive. wish there was a direct program for equity ownership by employees, although deferred comp plan put in place in '12 is a big step in the right direction.

    Advice to Management

    Toot your own horn a little more. You guys survived the greatest market downturn in modern history, and came back stronger than you were before. good job, glad to be part of the team!


  2. Helpful (1)

    Hard work, great learning opportunity

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Houston, TX
    Current Employee - Anonymous Employee in Houston, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Situs full-time (More than 5 years)

    Pros

    Excellent company to learn a great deal of information. Your work and effort is noticed and rewarded with more responsibility.

    Cons

    This company has gone through numerous layoffs in the past couple years. Some deserving some not. The pay is low considering the work load you are expected to handle.

    Advice to Management

    To attract top applicants, you must pay a premium.


  3. The change is huge - and all for the good

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Houston, TX
    Former Employee - Anonymous Employee in Houston, TX
    Recommends
    Positive Outlook

    I worked at Situs full-time (More than 3 years)

    Pros

    Generous Bonus payments Good salary Benefit package upgraded is now the best 11 public holidays Above average vacations Great opportunities to transfer internally (domestic and international) Moving to new offices at the beginning of the Fall.

    Cons

    Hard work and occasional long hours. Sometimes, supervisors get so wrapped up in their own work they dont take the time to mentor junior staff.

    Advice to Management

    With the growth of Situs and the change in management we have seen a very pleasant change. Please keep it going.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Turning in a better direction

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Houston, TX
    Current Employee - Anonymous Employee in Houston, TX
    Recommends
    Positive Outlook

    I have been working at Situs full-time

    Pros

    recent system upgrade is far improved than previous management is more stable and communicates better than in the past

    Cons

    rightsizing some groups is sad to watch

    Advice to Management

    more improvements needed


  6. Helpful (1)

    Excellent place to gain lots of experience in a very short time

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Houston, TX
    Current Employee - Anonymous Employee in Houston, TX
    Recommends

    Pros

    Training Ability to make a difference

    Cons

    If you are not a self motivated, self directed individual - you may not get the most out of the experience.


  7. Great place to gain fast experience

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Houston, TX
    Current Employee - Analyst in Houston, TX
    Recommends

    Pros

    Tremendous exposure to all aspects of the Real Estate Market. Small company doing Really Big things. Smart Management with a firm grasp on the industry.

    Cons

    Pay and promotions seem to be based on politics. Working weekends are expected. Weak IT decisions may have seriously crippled the company.

    Advice to Management

    Good job on growing the company. To keep growing you may want to upgrade to a enterprise level system and give higher compensation than your competitors.



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