Corcoran Group

  www.corcoran.com
  www.corcoran.com

Corcoran Group Reviews

Updated December 10, 2014
Updated December 10, 2014
26 Reviews
3.7
26 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
(no image)
Pam Liebman
18 Ratings

Employee Reviews

Sort: Popular Rating Date
  1.  

    Fabulous company. Has furnished me with invaluable exposure to the industry's top producers and product.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate Broker in Brooklyn, NY
    Current Employee - Associate Broker in Brooklyn, NY

    I have been working at Corcoran Group as a contractor (more than 3 years)

    Pros

    Number one in the industry, state of the art marketing tactics, unbeatable branding and by majority a home to more ethical and refined real estate professionals.

    Cons

    Honestly there are none to report. I have only ever practiced with Corcoran and I am fiercely loyal.

    Recommends
    Positive Outlook
  2.  

    Experience of a lifetime.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Sales Associate in New York, NY
    Former Employee - Sales Associate in New York, NY

    I worked at Corcoran Group as a contractor (more than an year)

    Pros

    The professionalism of the workplace coupled with the friendliness of the employees made for a great working experience.

    Cons

    Not a con, but a warning that real estate is not a field for those who are not self-starters.

    Advice to ManagementAdvice

    Great job to all office managers.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    HORRIBLE MARKETING TEAM

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

    I have been working at Corcoran Group

    Pros

    Good brand. Successful sales team. Decent salary and time off. Benefits not the greatest.

    Cons

    Marketing leadership is the worst. Especially the CMO. She isn't very smart and doesn't know the business. Doesn't care about the agents - the bread and butter of the company. She's lost 4 director level employees within the last 6 months. She uses working hours to shop with the CEO. She hired very low level marketing specialists that can't get the job done. Agents are miserable with the lack of marketing effectiveness/support and out of date systems. Not a great culture to work in. A lot of young individuals. It's like being stuck in a mean girls movie.

    Advice to ManagementAdvice

    Get a new CEO and CMO ASAP!

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Depends on what career path you have

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Administrative Assistant in New York, NY
    Former Employee - Administrative Assistant in New York, NY

    I worked at Corcoran Group full-time (more than an year)

    Pros

    Depends who you work for great boss. Fun company events

    Cons

    Very minimum promotions, bad medical benefits they really don't cover for much.

    Advice to ManagementAdvice

    Provide more opportunities for personal career growth. if there is no room for growth employees will leave the company.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6. 1 person found this helpful  

    Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern in New York, NY
    Former Employee - Intern in New York, NY

    I worked at Corcoran Group as an intern (less than an year)

    Pros

    Great people! Everyone was really supportive of the team and the company and growth-focused.

    Cons

    I have nothing bad to say about Corcoran!

    Recommends
    Approves of CEO
  7.  

    Great place to work!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Real Estate Agent in New York, NY
    Current Employee - Real Estate Agent in New York, NY

    I have been working at Corcoran Group as a contractor (more than 5 years)

    Pros

    Corcoran offers the agents great training and the resources to succeed in this business. If you're unable to do well at this company, then you probably won't succeed any where else. I love my manager. Very supportive and positive. Company has good values and ethics. Most agents are helpful to one another.

    Cons

    The commission cut is probably lower than other companies. Have to pay a $1800 marketing fee to the company every year. Although the company allots you advertising fees, it only covers basic advertising costs. Doesn't pay for out of the box marketing. Would have to come out of your own pocket.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    OK company to start a real estate career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Real Estate Agent in New York, NY
    Current Employee - Real Estate Agent in New York, NY

    I have been working at Corcoran Group full-time (more than 3 years)

    Pros

    Good reputation in the industry and there are always efforts to advance technologically, great help desk. Office managers are a great resource for newbies, as well as seasoned agents who will mentor. You own your time and there is a great opportunity for big commissions as long as you work hard!

    Cons

    As 1099s you don't get benefits; have to pay desk fees. If you are part of the admin team your base pay is quite low (our turnover is so high for our admins), unless you work with an agent and you get a split of the commissions he/she makes. Internal company vendors are not the best, and your marketing efforts are severely limited by their capabilities.

    Recommends
    Neutral Outlook
  9.  

    Satisfying work experience but very little room for growth for someone starting their career.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Coordinator in New York, NY
    Former Employee - Coordinator in New York, NY

    I worked at Corcoran Group full-time (more than an year)

    Pros

    Company values are strong and time off benefits are better than most companies. Affordable health insurance for non smokers and individuals who take the insurances health assessment. Tuition reimburement is also another great benefit.

    Cons

    Repetitive tasks and management seems to limits responsibility to keep growth potential to a minimum. The Corcoran Group is owned and managed by a parent holding company called NRT. NRT would make changes nationally and not take into consideration the needs of the local business. Hours are managed tightly to not allow any overtime potential.

    Advice to ManagementAdvice

    Focus on retaining talent and providing consistent recognition

    Recommends
    Positive Outlook
    No opinion of CEO
  10.  

    Top Notch Training

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - RE Salesperson in New York, NY
    Current Employee - RE Salesperson in New York, NY

    I have been working at Corcoran Group full-time (less than an year)

    Pros

    Excellent Real Estate Sales Training. Strong marketing support. Positive work environment. Good guidance from Management.

    Cons

    Difficult to break through the inner office broker politics.
    Starting commission splits are not that appealing.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  11.  

    Great company with a strong reputation and very high standards

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales Associate in New York, NY
    Current Employee - Sales Associate in New York, NY

    I have been working at Corcoran Group as a contractor (more than an year)

    Pros

    Reputable company that abides by the rules.
    Office managers knowledgeable.
    You are given a mentor that can help guide you through the first 6 months as an agent.
    Flexible schedule.

    Cons

    Lots of fees associated with being an agent, including desk/marketing fee, legal fee, and high commission splits to Corcoran. Also very much an independent contractor position, so you are on your own much of the time.

    Recommends
    Approves of CEO

Work at Corcoran Group? Share Your Experiences

Corcoran Group

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.