168 Employee Reviews (View Most Recent)

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Great building block, resume item

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Financial Analyst Intern  in  Seattle, WA
Former Employee - Financial Analyst Intern in Seattle, WA

I worked at Marcus & Millichap

Pros

This was my first internship during my junior year of college. It is a great resume item and gave me great experience in a professional office environment.

Cons

There is not much oversight as to what an intern's actual duties are, therefore you end up getting thrown a lot of random tasks from agents as well as analysts. Also, property research can get pretty boring.

Approves of CEO

Other Reviews for Marcus & Millichap

  1. 2 people found this helpful  

    stay away

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

    I worked at Marcus & Millichap

    Pros

    There is a possibility to make a ton of money if you are good and can deal with making no money for a long time.
    You are "your own boss" so you can make your own hours---as long as you make money.
    Friendly, young, atmosphere (but be aware, it is competitive)

    Cons

    They will promise you that you will make half a million easily, but in fact you will be cold calling to no end. The management sets ridiculously high standards for calling quotas, which most people meet by calling hotels or restaurants, rather than real clients. Everyone in the office is an "independent contractor", and they all call and compete for the same clients. This gives the firm a bad reputation among owners, and no one will want to talk to you.
    There is no salary or benefits, and they invest little into you, other than cold calling "training".
    The commission splits for the newer agents are tiny, since 75% of your first several commissions are taken out and given to your "mentor" and the company.
    If you are not making money they will fire you; there is very little job security.
    There is nothing intellectual about the work.

    Doesn't Recommend
    Disapproves of CEO
  2. 1 person found this helpful  

    Might as well be self-employed

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Investment Associate  in  Encino, CA
    Former Employee - Investment Associate in Encino, CA

    I worked at Marcus & Millichap

    Pros

    • Nice group of people
    • Sales seminars somewhat frequently

    Cons

    • 100% commission and you pay for all office supplies (minus printer)
    • Cutbacks - halved office size, no christmas party, no bagels, etc...
    • Over marketed - the name Marcus & Millichap actually hurt my sales because so many people from the company had already called. No regional communication.

    Advice to ManagementAdvice

    Keep employee morals high with this tough market

    Doesn't Recommend
    No opinion of CEO
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