There are newer employer reviews for Marcus & Millichap

Good opportunity to learn the business.

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

I worked at Marcus & Millichap full-time (more than 8 years)

Pros

Formal training program, no earnings limit, competitve working environment

Cons

very high turnover, compete directly with other people in your office for the same clients, compensation 100% commission

Advice to ManagementAdvice

Try to reduce turnover (fewer but higher quality brokers) to improve brand in market

Recommends
Positive Outlook
Approves of CEO
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  1. 3 people found this helpful

    Broker

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

    I have been working at Marcus & Millichap full-time (less than a year)

    Pros

    Can't think of any pros ....

    Cons

    Long Hours, Useless 'Sales' Exercises, Limited Mentorship, Demanding Managers, Brutal Office / "Mentor" Commission Splits, Super High Turnover

    Advice to ManagementAdvice

    Pay new brokers during their first year of employment and provide real estate knowledge rather than sales techniques.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. Horrible place to work for

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

    I worked at Marcus & Millichap full-time

    Pros

    You can learn about real estate

    Cons

    Bad culture, horrible place to work for

    Advice to ManagementAdvice

    Bad culture, no respect if you are hired by brokers as their assistants. Sales people have no salary, and they are 100% commission based. They delayed the payroll after two pay period when I receives my first paycheck, and after my first paycheck. My salary was cut by half as they threat to fire me. (They hire assistants directly, not thought the company, which means they basically can do whatever they want without considering any company policies or senior management opinions, since Marcus policy doesn't apply to broker assists).

     No benefits, no 401K, no insurance, no official vacation days at all. Culture is horrible, abusive languages were used from here to there. Unpaid overtime work is REQUIRED, which I mean they will get pretty mad at you, if you leave before 6:30 pm. I left only for better work place, actually it cannot be worse anywhere.

    Don't take positions as broker assistants!!!

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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