NRT Reviews

Pros

Recently promoted to a new position. Happy that upper management actually hired and promoted from within, which doesn't happen often. This is due to the lack of interest in many of the staff to move forward. Opportunities are there you just have to be willing to go after them.

Cons

The company has taken more things away from their employees but expect the work to be thorough and complete. The downturn in the economy has created the need to downsize but employee moral is at the bottom of the pole. It doesn't appear that senior leadership is doing much to improve morale, which is a shame.

Advice to Senior Management

Promote more of a work/life balance, stop taking benefits away, share the bonus money that senior leadership is getting with those that are creating profits for the company.

Pros

Work hours were good, 8:30-5 Mon-Fri. The insurance was decent and the employee contribution was inexpensive. Other than that, nothing was positive.

Cons

Management was unprofessional. Workload was overwhelming at times which resulted in a stresswork work environment. Favoritism overshadowed people that actually came to work and did their job while others walked around socializing. The dress code was casual which you would normally appreciate under normal circumstances, but some employees took it to the extreme and dressed like they were going to the beach or just look like they rolled out of bed. It was quite embarrassing! Don't ever work here!

Advice to Senior Management

They need to learn people skills and how to treat their employees with respect.

Pros

I was able to learn many facets of the insurance industry.

Cons

Stability was an issue as job function was constantly changing.

Pros

Good for entry level experiance, many levels for promotion

Cons

Sort of unfriendly environment caused by new building

Advice to Senior Management

None

Pros

Big company, with brand name recognition through it corporate owned real estate offices with names such as Corcoran Group, Sotheby's and Coldwell Banker

Cons

Not a very well run company. Difficult to get things done are priorities are constantly changed with little or no direction or training on new processes.

Advice to Senior Management

Spend more time communicating with employees and training and developing employees. The company employs many highly skilled individuals that are hampered by corporate processes that change on a whim without communication or training on the new processes.

Pros

If you can contribute uniquely, this is a great place as there are opportunities to make the most of things. Mgmt Communication is great.

Cons

Real Estate has been a horrible industry, and cuts have made the staff very lean. Benefit/compensation has been cut (minimal bonuses, no 401k match) though given the depth of the real estate bust that's not a surprise. Non-performers just wallow.

Advice to Senior Management

Invest in the people, find the good ones and don't let them be casualties to the economy. Sometimes saving a few pennies in salary loses assets worth far more.

Pros

Pay was competitive as were benes.

Cons

Culture was terrible - marked by fingerpointing.

Advice to Senior Management

Overhaul the leadership of the Central Region.

Pros

You can have a flexible schedule and you can be your own boss. in theory the sky's the limit in terms of compensation, and that's exciting when you're starting out. It's commission based compensation, so the more apartments you rent the more you earn. You get to meet a lot of people and see the entire city. This is a great job for an extroverted person who has a clear plan for themselves and enjoys working very hard. Citi Habitats does both rental and sales and if you do a combination of the two you can work out a nice income for yourself.

Cons

There is not always a lot of support for the agents who work for Citi Habitats. Their business plan seems to be to hire as many people as they can and throw them at the market. Their turnover rate is very high, but they do not care because they're always hiring people so there always someone to replace the person who gets burned out. Also, there's no real security because even if you have a great month or even a great years that doesn't mean that the next month or year will be great. There's never a guarantee for future earnings.

Advice to Senior Management

Care more about the people who work there instead of just having a huge turnover rate.