Marcus & Millichap Reviews

Updated July 22, 2015
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203 Employee Reviews

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  1. Broker Assistant

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Agent Assistant in Irvine, CA
    Former Employee - Agent Assistant in Irvine, CA

    I worked at Marcus & Millichap full-time (More than a year)

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    family type of company culture reasonable pay

    Cons

    little training micro management by supervisor screwed by shady contract and deal commissions

    Advice to Management

    scrutinize every employee for taking shortcuts with standard process for listings and under contract and employees who plagiarize on their accolades and accomplishments


  2. Helpful (2)

    M&M

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

    I have been working at Marcus & Millichap (Less than a year)

    Pros

    Make as much as you want.

    Cons

    Company doesn't care about younger brokers. Has ancient technology.


  3. Marketing Coordinator

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

    I have been working at Marcus & Millichap

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    Flexible with schedule, fairly relaxed atmosphere, great team performance

    Cons

    No career growth, no benefits


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  5. Helpful (1)

    Associate

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Marcus & Millichap full-time

    Positive Outlook
    Positive Outlook

    Pros

    Sky is the limit on potential income and the firm is actively engaged in getting you to $100k+ income

    Cons

    It may take 12-24 months to get your first commission checks


  6. Helpful (1)

    Good Place to Work

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

    I have been working at Marcus & Millichap

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Excellent benefits and the awesome people.

    Cons

    Hours are not flexible and it's difficult to take time off being that the office is understaffed. Pay is very little.

    Advice to Management

    Focus on making staff happier and provide more incentives for staff members to care about working.


  7. Associate

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Marcus & Millichap

    Pros

    You typically get out what you put into it Great training support system Great platform for procuring buyers & sellers

    Cons

    While many can create their own luck...Luck plays too big of role in your success rate Management uses the sales tactics they teach to you...on you...seems fake High Turnover

    Advice to Management

    Be real with your agents---There is always a bright picture that management paints for you regarding economic conditions and where your business should be headed. Sales Sales Sales on all levels to a point that seems fake.


  8. MNHG Associate

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

    I have been working at Marcus & Millichap

    Pros

    - excellent overall business model and product platform - high energy - research materials - depending on location and product-type - plug-and-play sales tools

    Cons

    - unrealistic performance standards for new associates - training is almost entirely focused specific sales techniques, with little attention to products, markets and transaction processes. - bad splits


  9. Associate Broker

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate Broker in Chicago, IL
    Former Employee - Associate Broker in Chicago, IL

    I worked at Marcus & Millichap (More than 3 years)

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Training for new employees Decent support software Learn a lot-but don't make much money the first 1-2 years Support of long term agents-but throw new agents under the bus in a dispute

    Cons

    Training is erratic, some offices train well, some don't Expected to make 250 phone calls per week plus other activities tough to do After all your work, they take 1/2 your commission, plus expenses for training and legal ins. After paying for legal services to defend you-they don't and you eat your commission

    Advice to Management

    250 calls per week? Seriously? Need to standardize training Give a better split to agents More support in the first year to help agents through it


  10. Luck plays a huge part

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

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

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Make your own hours, ability to make a lot of money - quickly...but (see cons)

    Cons

    You will be randomly assigned a market, and if you get stuck with a stagnant market or one with low turn-over, you can make no money as it is 100% commission. You will compete with others in your office and the atmosphere is less than ideal.

    Advice to Management

    Stop making too many teams that compete in the same marketplace


  11. Construction Estimator

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Construction Estimator in Palo Alto, CA
    Current Employee - Construction Estimator in Palo Alto, CA

    I have been working at Marcus & Millichap full-time

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    The staff and career opportunities.

    Cons

    None to speak of so long as you're willing to work.



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