Studley Reviews

Updated August 20, 2014
Updated August 20, 2014
11 Reviews
2.8
11 Reviews
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Mitchell S. Steir
5 Ratings

Employee Reviews

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  1.  

    Studley Review

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

    I worked at Studley full-time for more than 3 years

    Pros

    Good professional Service Firm with talented professional staff

    Cons

    Personalities of firm leadership are toxic and lethal

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  2.  

    Great way to break into real estate

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

    I have been working at Studley full-time

    Pros

    Very entrepreneurial. You get out of it what you put in. Flexible schedule. You really learn a lot about the industry and you get to work with seasoned professionals.

    Cons

    No salary. Takes a few years to get your feet wet.

  3.  

    Associate Director

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

    I have been working at Studley full-time for more than 3 years

    Pros

    If you work for the right Director, your career could be very successful

    Cons

    Get in with the wrong Director, you will have a very limited career (in a field with high attrition).

    Advice to ManagementAdvice

    Because of the greed of the Directors, a lot of high quality people are lost. They say it takes three years to get up and running--but you'll never make it that long. Basically, everyone below a Director builds their pipeline only to be let go (after 6-months, 1-year, or 2-years them). After all the leg work you did, when the deal does close, the money goes straight to the Directors. Work here only if you want to make someone else rich!?

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5.  

    Great place for self sufficient producers

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

    I worked at Studley full-time for more than 5 years

    Pros

    Freedom to work on what you want, decent splits, annual/bi-annual company paid trips are fun and help build deep relationships, very strong brand and prestige in certain markets but very little cachet in others. Exposure to large and skyline shaping projects at a young age if you work for the right senior brokers. Ability to make several hundred thousand a year in your 20's if you are good, though you make very little when you start. The company is the best place for people who already know what they are doing and already have a book of business but simply desire keep more of the pie and not be interfered with as much as at larger shops like CBRE, JLL and Cushman.

    Cons

    Very little training and support, especially for rookies. Management is typically made up of the highest producers in the company (who also own the company) rather than professional managers trained to lead and inspire a collective unit. Young people are at the complete whim of the team that hires them as corporate has little participation or interest in the process. Commission structure with no base salary is 90% of the company and not for most people. High turnover due to the fact that is easy to hire someone on commission even if they don't work out.

    Advice to ManagementAdvice

    Create a collective vision and make people feel a part of something larger than their own income. Provide support and training to junior brokers to improve client service and reduce turnover.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  6. 1 person found this helpful  

    I have never been treated so poorly

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

    I have been working at Studley full-time for more than a year

    Pros

    Fast paced, mostly nice people, small company feel

    Cons

    mental abuse, working myself to death for nothing,

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  7. 1 person found this helpful  

    Ineffiecient

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

    I have been working at Studley full-time for more than a year

    Pros

    Great bonuses at Christmas time from the brokers

    Cons

    the HR department is inefficient and will throw you under the bus. Brokers who make tons of money for the company can treat you any way they want to and no one ever steps in. So many girls cry in the bathroom at lunch time.

    Recommends
    Positive Outlook
    Disapproves of CEO
  8. 1 person found this helpful  

    Great place for a self-sufficient rainmaker

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Studley

    Pros

    Good splits
    Few rules or restrictions

    Cons

    Minimal support for early- to mid-career brokers
    Limited resources outside of the top 4-5 markets

  9.  

    it's an east coast company - west coast was an afterthought

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

    I worked at Studley as a contractor for more than a year

    Pros

    great training, great support staff

    Cons

    not strong enough in the particular market to carry any weight.

    Recommends
    Approves of CEO
  10. 1 person found this helpful  

    Independent Company for Independent Individuals

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Studley

    Pros

    Hands-off approach makes doing one's job easier if they have the capabilities to work alone. Excellent aesthetic around he office makes coming into work a pleasure.

    Cons

    Office coherence non-existent. Hard to feel like part of the greater whole. Incentive to do good work the company falls way short of incentive to work for one's self

    Doesn't Recommend
    No opinion of CEO
  11.  

    Intern Review

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Intern
    Former Employee - Intern

    I worked at Studley

    Pros

    Job was flexible and fun and senior management were easily accessible if needed. Also, work environment was casual and people seemed to enjoy their work.

    Cons

    Typical office environment with standard hours. Overall, as an intern there were few downfalls compared to most jobs at that level.

    Advice to ManagementAdvice

    Keep being friendly and cordial towards your employees. I felt comfortable interacting with management and overall was impressed with everything.

    Recommends
    Approves of CEO

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