CoStar Group Reviews

Pros

Excellent benefits, flexible time off, positive work environment, motivated employees, a good bit of autonomy while working within a corporate structure, environmentally conscious and charitable. The company doesn't have a losing year. Great job security.

Cons

the pay structure and compensation isn't the best, in certain positions there is a bit of micromanagement on some tasks that seems a bit unnecessary. There is a fair amount of travel in some positions that can be exhausting.

Advice to Senior Management

change the hourly positions to salary positions with bonus and compensation. That way the hours aren't tracked and the results are what counts best.

Pros

Great benefits, growing company, decent salary

Cons

high turnover, unexperienced management, growing faster than managers can keep up with

Pros

In my experience great people at all levels of the organization. A relatively brilliant CEO in the space.

Cons

Very limited or extremely difficult to acchieve career growth. Responsibilities are piled on, but promotions or raises never there to compensate for it. Serious lack of resources in many areas of the organization.

Advice to Senior Management

Communicate, share, and encourage growth. The returns will far exceed the costs.

Pros

The starting salary is competitive and so is the benefits package. The company will also give referral bonuses to it's employees.

Cons

Metrics. Metrics. Metrics. Metrics that are derrived based off of quantity not quality. Incentives are based off of quantity, not quality. The information doesn't necessarily have to be right, as long as it's entered. This leads to a subpar product for clients.

Advice to Senior Management

Focus on quality, not quantity. Quantity may lead to quick huge profits in the short term, but for there to be long term success, quality has to improve.

Pros

ok pay, benies and hours

Cons

don't trust anyone. they're all out to get you.

Advice to Senior Management

quit.

Pros

Great Pay. Great Benefits. Flexible Schedule.

Cons

Metrics and quota was not realistic. management was out of touch with the real economy. Comp Plan did not pay you for your entire sale.

Advice to Senior Management

Give some value to human capital and maybe your job turnover will be less.

Pros

Benefits, great product offerings, solid training program

Cons

Despite all your hard work and success in closing deals, you are not properly compensated because you need to cover reversals in your book of business on deals you never closed. You feel like you are playing catch up. High turnover in sales force due to compensation promises and reality.

Advice to Senior Management

Compensate the salesforce on deals closed and pay a separate incentive on increasing revenue in a book of business.

Pros

There are a lot of pros to working here, but none on the professional growth side. A good 401(k) program with matching contributions, medical, dental, vision and ample time off are provided. Also, quarterly bonuses are given for hitting your numbers, although they can be hard to attain (but they are working on changing that, which is good progress on their part). The office location in downtown DC is hard to beat, and free employee Segway rides, fitness center, yoga classes, fresh fruit, milk and juice every day make coming to work a little easier. However, it is important to point out that most people do not take advantage of everything CoStar does offer because it is so stressed to hit your numbers, and that is it, that the fun side things are not used because people do not want to spend an extra second at the office.

Cons

Most of what has been said about how employees are treated does not need to be reiterated, as this is not a place to grow professionally. They tell you in an interview that you have a chance to be a research manager (who only make ~50k a year for a whole lot of responsibility and headaches from their managers), but in my almost 2 years of being employed, not a single employee has been promoted to manager, as they prefer to hire from outside and then teach the managers about how they want employees to be treated, so managers cannot see how difficult hitting Metrics goals as an employee really are, and to not breed any sympathy when it comes to the constant firing of people who are put in hard situations with their portfolios. Also, this IS NOT a job where you learn anything about the commercial real estate market. This is a strictly call center job where you are paid to make as many calls as possible a day, and extract as much information as possible from the people you speak with, and if you do not do those things, you will be fired basically immediately. I also want to point out that this is not from a disgruntled current or ex-employee as I have not hated working here (I have a new job that starts in a month), but it is just facts presented so any future employee can understand what they are getting into.

Pros

An abondance of fruits and vegetable. They also provide some transportation money $100 a month for metro etc. Healthcare benefits are also pretty good, free gyn on site and some free events through out the year.

Cons

Costar treats its employees like factory workers on suits. You are expected to work like a robot non stop and are bombarded with different projects left and right. They micromanage everything you do!! phone calls, emails, they have cameras on the elevators!. Aside from the numerous projects they expect you to complete, you also have your daily goals, # of phone calls, # of listings and they rank you on it as well. From a research perspective Real RESEARCH should never be competitive. REAL research takes time and patience to be able to gather all correct data and enter it. Sorry Costar but your whole metric system is ridiculous! I do not recommend this job to anyone unless you are in desperate need and have no other offer! FYI they hire right and left and really its to replace people not because the company is growing. PEOPLE ARE disposable to them as paper cups.

Advice to Senior Management

STOP MICRO MANAGING!!!! YOU ARE TEARING PEOPLE DOWN everyday, EVERYONE I KNOW gets depressed coming to work each day!! what does this say about COSTAR??? and NO I will not rate you as a great company to work in! Change things up and if expect people to work like robots than move your whole company to INDIA! please

Pros

lots of young people and snacks

Cons

Training sucks, apparently it changes every month but just ridiculous, they watch you fall and then tell you what to do. Also they will change what you do everyday including who you call and why.

The job is fairly simple and straight forward if they could just skip the antiquated corporate inefficient "training" just have us sit with the people who actually do work.