Marcus & Millichap Photos
Doesn't RecommendPositive OutlookApproves of CEO
- Work/Life Balance
- Culture & Values
- Career Opportunities
- Comp & Benefits
- Senior Management
I have been working at Marcus & Millichap (More than a year)
Good experience builder for resume, potential upside for transitioning into sales, Opportunity to learn a lot about the commercial real estate industry.
Poor work-life balance unless you are a successful sales veteran in company, cut-throat atmosphere - constant competition with external competitors as well as other agents within the company, All depends on what "team" within the company you work with or what product type you will specialize in. Unless you want to go into the brokerage, this is really just a great way to get a couple years of underwriting experience to leverage for your next position with a REIT, lender or equity firm. Get in, put up with the lack of work-life balance to grab experience out of school and then get out and move on to the principal-equity side of the game. Note this review is from the perspective of someone who does not aspire to stay in the brokerage segment of the industry. Not to say its not an important and integral part of the industry and that you can't make a lot of money doing it, just not my taste. I just can't will myself to spew constant BS which is the nature of the business.
Advice to Management
Invest more time and resources into the analyst roles and you might, might be able to keep some great people that can add value. At the end of the day, the only way you stay with the company long-term is if you want to stay in sales. For those who aspire to work at a REIT or anywhere in the principal side of the business, this is a stepping stone.
Getting an Interview
Getting an Interview
- Declined OfferPositive ExperienceEasy Interview
I applied online. The process took a week. I interviewed at Marcus & Millichap (Boston, MA) in May 2015.
Applied online and was later contacted by a Sales Manager to come in for an interview. Basic questions about school and past work experiences. He was very transparent about the responsibilities of the role and that it is 100% commission.
- Are you able to financially support yourself for 9-14 months? Answer Question
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If you've got several million burning a hole in your pocket, or you're looking to unload that old skyscraper, Marcus & Millichap Real Estate Investment Services can help. One of the largest commercial real estate brokers in the US (with about 70 offices), the firm focuses on investment brokerage and provides financing, research, and advisory services to both buyers and sellers. The company is organized into groups by property type, including shopping centers, apartments, office and industrial buildings, and distressed prpoerties. Marcus & Millichap Real ...