CoStar Group

  www.costar.com
  www.costar.com

CoStar Group Reviews

Updated December 17, 2014
Updated December 17, 2014
330 Reviews
2.5
330 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
CoStar Group President, CEO, and Director Andrew C. Florance
Andrew C. Florance
224 Ratings

Review Highlights

Pros
  • decent benefits, decent location, so-so entry level exposure to commercial real estate (in 25 reviews)

  • Company provides good benefits, a good way to break into the commercial real estate marketplace (in 27 reviews)


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

  • High employee turnover, including in senior management and corporate officers (in 21 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Great opportunities to make your way.

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

    I have been working at CoStar Group

    Pros

    Smart people, hard working, open to change.

    Cons

    Long hours, unpredictable client requests.

    Advice to ManagementAdvice

    Keep up the cross collaboration!

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Terrible

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

    I worked at CoStar Group full-time (less than an year)

    Pros

    Free food, had a decent Christmas party.

    Cons

    Dull, monotonous work, all numbers-based, with no heed to quality or other work that was equally relevant. Basically cold-calling or lukewarm-calling people who generally don't want to talk to you. Pay was not that great. Refused to pay a bonus for a quarter I had worked the entirety of.

    Advice to ManagementAdvice

    Make life for research associates less miserable.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3. 3 people found this helpful  

    You Get Back What You Put In

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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 an year)

    Pros

    *If you put your all in and actually try to be a dedicated employee and learn your market, you will have a great experience.
    *Great place to gain experience in the CRE field
    * Lots of potential for upward mobility, promotions (raises) occur quite often for researchers
    * Clearly defined goals and expectations.
    *Great office with awesome benefits
    *Work force is very young and active.
    * Lots of side projects, special teams, and opportunities to get some spotlight.
    * Job is very stable if you come in and work every day.

    Cons

    *Calls can be a bit monotonous, but only if you make it so.
    * You are forced to ACTUALLY do your job, so if you want to not do stuff for 5 hours a day, look elsewhere.
    * Job heavily depends on who your manager is.

    Advice to ManagementAdvice

    * Ensure all managers have the same ideology when it comes to employee engagement
    * Focus on making the RAs feel like they are part of a team and passionate about their market.
    * Clearly illustrate opportunities for growth and allow your RAs to shine.

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 3 people found this helpful  

    Never Again

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at CoStar Group

    Pros

    - Food offerings
    - Fun groups of people to work with

    Cons

    - Work pressure
    - Unattainable goals
    - Absolutely no strategy
    - If you want to work in a call center and not use your brain, this is the place for you!

    CoStar Group Response

    Nov 19, 2014

    We appreciate your response, and I’m sorry to hear you did not have a positive experience at CoStar Group. We’ve been working to improve our employee experience, and have developed new ways to ... More

  6. 1 person found this helpful  

    Fast moving company

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

    I worked at CoStar Group full-time (more than 3 years)

    Pros

    The people, process and technology are top notch. Issues are handled in a well define and understandable manner. The management knows where it wants to go and how it is going to get there. The benefits are very good and the compensation is above average.

    Cons

    The company is very aggressive about how they want to get from point A to point B. This aggressive behavior has a downside in alienating people that work in lower tiered positions.

    Advice to ManagementAdvice

    Continue to stay the course. The stock price reflects how you are doing.

    Recommends
    Neutral Outlook
    Approves of CEO

    CoStar Group Response

    Nov 21, 2014

    We appreciate your feedback, and it’s great to hear you enjoyed your time at CoStar Group.

  7.  

    Management consists of buzzword-spewing yes men whose only ideas were bad ones

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

    I worked at CoStar Group

    Pros

    Metro benefits, Gym, Young staff.

    Cons

    As Managers, we were coerced into aggressively polluting CoStar's research department with relentless deceit, chintzy contests, and above all hostile career threats. That place is toxic.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    It's a sales job

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at CoStar Group

    Pros

    People are friendly enough.

    It's a nice building, with a young staff.

    Cons

    It's a sales job. You're essentially a telemarketer.

    Advice to ManagementAdvice

    Try to get more people into the field.

  9. 5 people found this helpful  

    I felt usless

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

    I worked at CoStar Group full-time (less than an year)

    Pros

    They had decent benefits and the main office was nice.

    Cons

    The job and the potential growth as an employee was dismal.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    CoStar Group Response

    Dec 4, 2014

    Thank you for your feedback, and I’m sorry to hear you did not have a positive experience at CoStar Group. We value everyone who works here, and they should feel valued at the same time. But it ... More

  10. 1 person found this helpful  

    Maybe work here if you're fresh out of college...MAYBE

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

    I worked at CoStar Group full-time (less than an year)

    Pros

    Great office space with nice perks an great location downtown, Ideal for someone straight out of college who has no idea what to do with their life.

    Cons

    Not a place to make a career. They promise you a bonus and take it away. Work is glorified data entry and is so mundane. In a way you are like a telemarketer, bothering people who DO NOT want to talk to you.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    CoStar Group Response

    Nov 19, 2014

    Thank you for your feedback. While CoStar Group isn’t the right fit for everyone, we’re developing new career paths for researchers to specialize in specific areas and work toward management and/or ... More

  11. 5 people found this helpful  

    Could be worse, but not great

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

    I have been working at CoStar Group full-time

    Pros

    - Great for post graduates looking to get their foot in the door and build some professional experience***
    - Atmosphere in Columbia is much more relaxed, and they do a good job at building a family feeling in the office. Casual Fridays are nice and they sometimes do nice events for the researchers.

    Cons

    - Salary is too low
    - Constantly changing bonus structure
    - Metrics are just flat out stupid**, two minute calls should not be cared about this much.
    - Office politics with managers, team of the month and monthly awards are always biased.
    - Lack of appreciation by brokers sometimes

    Advice to ManagementAdvice

    - two minute calls mean nothing, change the metrics to something more reasonable and logical. Brokers don't want us wasting their time, we should not be punished for that.
    - pay more, you are a multi million dollar company thriving off our research. Research 1 should start out at least with 46 or 47 instead of 40, and it should go up from there. You can more than afford it.

    No opinion of CEO

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