Chicago Apartment Finders

www.chicagoapartmentfinders.com
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Chicago Apartment Finders Reviews

Updated February 8, 2015
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3.5
19 Reviews
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Recommend to a friend
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Justin Elliott
8 Ratings

Employee Reviews

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  1. Leasing Intern

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

    I worked at Chicago Apartment Finders as an intern (Less than a year)

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

    Pros

    Learn, Learn, Learn, Ability to make a lot of money. The team around you and culture of the office and company cannot be beat.

    Cons

    You get out what you put into this internship. This can be good for some people and bad for others.

  2. realtor

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Realtor in Chicago, IL
    Current Employee - Realtor in Chicago, IL

    I have been working at Chicago Apartment Finders part-time (More than a year)

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

    Pros

    good support and competitive compensation. Chicago Apartment Finders goes out of its way to teach and train their employees all aspects of the real estate business.

    Cons

    Like other real estate companies. Chicago Apartment Finders does not provide benefits like insurance, car allowances, or salaries. It is 100% commission based salary

  3. Ok

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

    I worked at Chicago Apartment Finders

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

    Pros

    Great first time sales job. Lots of freedom and opportunity for growth within the industry through networking

    Cons

    Poor pay not respected is comparison with competition. Advertising is difficult no matter what, a lot of cold calling and hunting.

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


  5. Chicago apartment work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Rental Agent in Chicago, IL
    Current Employee - Rental Agent in Chicago, IL

    I have been working at Chicago Apartment Finders full-time (More than a year)

    Recommends
    Negative Outlook
    Recommends
    Negative Outlook

    Pros

    Teach you business Create good culture and team effort

    Cons

    100% commission tough in the slow months

  6. Great place to learn about sales or start a career in real estate

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Leasing Agent in Chicago, IL
    Current Employee - Leasing Agent in Chicago, IL

    I have been working at Chicago Apartment Finders full-time (Less than a year)

    Recommends
    Negative Outlook
    Approves of CEO
    Recommends
    Negative Outlook
    Approves of CEO

    Pros

    Easy to be hired on as a leasing agent or broker. Great place to start learning about sales and about real estate.

    Cons

    Compensation is commission only. The better the agent, the more freedom and power you have in the company. There is definite favoritism for certain agents by management due to seniority or because of closing percentage.

    Advice to Management

    Invest more in your company and in your employees.

  7. Phenomenal Sales Experience

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

    I worked at Chicago Apartment Finders part-time (Less than a year)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Learn everything you need to know about sellling successfully.
    Get to practice your skills every single day.
    Learn to deal wtih multiple types of cients.

    Cons

    Work Politics.
    Sometimes theyre too focused on money.

    Advice to Management

    Try to truly understand your staff, and what kind of clients they are best with.

  8. Helpful (1)

    Entrepreneurial Internship Program

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - EntrepreneurialProgram/Leasing Agent in Chicago, IL
    Former Employee - EntrepreneurialProgram/Leasing Agent in Chicago, IL

    I worked at Chicago Apartment Finders part-time (More than a year)

    Recommends
    Negative Outlook
    No opinion of CEO
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    Great real world experience
    A great deal of employee centered training
    Autonomy in job related appointments and duties

    Cons

    Employer required licensing (this will be paid by the intern and is not addressed up front) My fees totaled $500+
    Poor communication amongst departments
    Unqualified client base
    Low commission
    No base pay or transportation stipend
    Long hours
    Scheduled office time
    Heavy workload
    High stress levels
    A great deal of competition with little collaboration

    In summation:

    Fire the closing department. As a part time agent nearly 1/3 of my deals fell through due to miscommunications within the closing department. This means that as an agent, after driving clients to up to 6 showings and negotiating a deal sometimes taking multiple days I received absolutely no compensation. While the culture and atmosphere of this employer fit the youthful and extroverted employee base they so often attract the heavy work load and high stress levels contradict the fun care free atmosphere. Pay is 100% commissions based and the program is short so employees are expected to learn very quickly if they hope to make any money.
    My advice to any potential employee is to start as soon as possible. The extra time on the job will give you an advantage over your peers with a later start date. You will develop a number of important personal and professional skills in this role that will aid you in future employment.
    If you work well under stress, tolerate hours that often extend beyond the schedule, and pay is not of importance this internship is a great learning experience.

    Advice to Management

    Pay your employees. Each sale generates 25% leasing agent revenue, and at most 15% listing agent revenue. That means that the two parties solely responsible for attracting clients and making the sale get paid at most slightly more than half of what the company nets on every $1,000 earned. ($250+$150= $350 compared to $650 pocketed by management). This is all assuming the client doesn't back out or fall through, in which case management will back draw any payment made to a sales rep potentially leaving you in the hole.

  9. Bottom End Real estate

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Realtor in Chicago, IL
    Former Employee - Realtor in Chicago, IL

    I worked at Chicago Apartment Finders full-time (More than a year)

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

    Pros

    Good coworkers, met new people, fun day to day work

    Cons

    Horrible properties, disorganization, major technical issues and no one qualified to fix them, Ridiculous mentor program where you give 20% of your earnings to someone that doesn't help you much, you use your car, your computer, expected to attend pointless meetings and trainings on your time for no pay.

    Advice to Management

    The CAF owned properties are trash. . Training is non existent. No one cares how good a member of upper management was at sales. People conducting real estate sales trainings should probably have a real estate license, it's something you make everyone else have, stop being hypocrites. Paying for CAR is a rip off that doesn't offer anything except ANOTHER expense. You ask too much of new employees by having them pay for so much and do not offer a good enough opportunity to earn. It seems as if decisions are made on a whim and not thought out as far as employee policies go. The mentor program is a joke and needs to end. People can't afford to work there. Turnover will continue to rise. Working at CAF makes you poor. No way anyone can work there with a family. Hence the majority of people in sales there live at home or have multiple roommates because they are fresh out of college.

  10. Helpful (1)

    Preschool of the real estate world

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Leasing Agent in Chicago, IL
    Former Employee - Leasing Agent in Chicago, IL

    I worked at Chicago Apartment Finders full-time (More than a year)

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

    Pros

    Makes it easy to get used to the business of leasing but not sales.

    Cons

    Wouldn't work here more than 6 months because they offer very low commission and make you be on a schedule.

    Advice to Management

    Stop changing 'policies' every other day and offer more flexibility to your senior agents.

  11. IT Desktop Support

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - IT Desktop Support in Chicago, IL
    Former Contractor - IT Desktop Support in Chicago, IL

    I worked at Chicago Apartment Finders as a contractor (Less than a year)

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

    Pros

    Very fun and relaxed place to work I enjoyed my time there

    Cons

    I have no cons for this comapny

    Advice to Management

    Keep up the good work

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