We’re CoStar Group. For 30 years we’ve made it a priority to help our employees achieve their best. From accounting and research, to marketing and product development, we know our success is reflected in in the success of the people that make CoStar tick. We are constantly reinventing the way commercial real estate professionals access and use data and want you to play a part in our continued innovation and growth. As you consider your career options, please keep us on your short list. You’ll find we have a great story to tell, and we’re eager to hear yours.
Since 1987, CoStar has specialized in conducting intensive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of digital services enables our clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities.
We are actively recruiting entry level and seasoned professionals across all of our offices, including locations in Richmond, Atlanta, Boston and our headquarters in Washington, DC. Join us!
At CoStar we believe in working hard and playing hard. Our culture attracts and encourages the best and brightest in a broad range of disciplines. While we take our work seriously, we make plenty of time for fun. We support our employees’ professional and academic growth with internal training, tuition reimbursement and our inter-office exchange program. We also kick back with happy hours, rooting for local sports teams and events on the deck at our headquarters.
Working at CoStar is about more than having a job – it’s about having a career. CoStar employees regularly enjoy long tenures here, advancing to more senior positions within specific departments or taking advantage of opportunities to sample roles in widely different areas of the company. Additionally, about 5% of our current employees are rehires; CoStar alumni who have returned after leaving the company for a period of time.
Over the last 20+ years, we’ve made sure to build a team and a culture that people want to be a part of. By creating an engaging, dynamic, and healthy environment to work in, we’ve built a team that wants to work together to achieve their goals and the goals of our company.
When good people come together, great things happen. We’ve always worked to provide our employees social outlets and opportunities to help the community, building a team spirit that stretches far beyond real estate.
At CoStar we strive to provide our people with happy careers, and it starts with the right combination of great benefits and an even greater atmosphere. Working for CoStar means being rewarded with a variety of health and lifestyle benefits designed to give you the resources to build a stronger, healthier future.
CoStar Benefits (most benefits are subsidized or paid for by the company):
We strive to create a healthy and fun environment packed with enough amenities and extras to keep you working strong. We believe in the health and vitality of our employees and will support you in the following ways:
Richmond, Virgnia Research Headquarters
Discover opportunities that power million dollar decisions every day. We’re looking for smart and talented people to join our research operations team in Richmond, Virginia. Our new Richmond research headquarters office offers you a chance to make your mark while enjoying compensation and benefits reflective of the value that our research and software development teams deliver to our clients. Explore Richmond opportunities.
We are the No. 1 provider of information and marketing services to commercial real estate professionals in the United States and the United Kingdom and our suite of services offers the most up-to-date and comprehensive database of commercial real estate information throughout the U.S. and abroad.
Clients depend on us for the most accurate commercial real estate information available, and in turn, we depend on our teams to deliver. Our experienced research group is the largest in the industry, divided into two groups: field researchers and research associates.
Our field researchers are out on the streets verifying, photographing, measuring and monitoring available space, deliveries, new construction, dispositions, tenant changes and all other applicable property activities.
Our team of associates manages our databases as well as interview brokers, owners, property managers and others who are instrumental in making commercial property deals. Our specialist’s track conditions and monitor market health like cap rate, absorption, vacancies and rental rates.
Our sales team thrives by providing information and marketing support to solve solutions for our clients while increasing sales. CoStar’s sales division is responsible for growing revenue through the sales of our marketing and informational products to subscribers and non-subscribers within a specific geographic territory and by managing an existing book of business. Each Account Executive is provided with the in-depth training, tools and support they need to help them grow the business.
Our technology group runs the systems that make us the leader in the industry. We are responsible for one of the most comprehensive and accurate databases of commercial properties in the U.S. and U.K. This provides us with unmatched clarity and insight into the market as our advanced systems are constantly updated, changing and adapting to industry needs.
We are continually developing and releasing enhancements to our products to ensure our clients have the best possible experience. CoStar’s technology group is always innovating to develop the next application.
Each employee’s career is an individual adventure. What’s so fantastic about a CoStar career is that you can set your own pace for personal advancement thanks to our promote-from-within philosophy.
If you’re interested in a Research position, your career starts on the Portfolio or Field Research path. Each of these paths offer growth within itself and to other paths (see links). Or you may explore opportunities in:
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No matter what your aspirations, CoStar knows smart career development recognizes not all individuals want to be people managers. Success here comes in many different forms, whether you seek enrichment in your present assignment or at a managerial level. If you have a proven customer service attitude, self motivation and the ability to think on your feet, your future is bright at CoStar.
I have been working at CoStar Group full-time (More than 3 years)
-Benefits are great. Some of the best around, especially for those entering the workforce straight out of college.
-Some fairly awesome people you work with. Very diverse and hardworking, for the most part.
-The pay is great for a job that requires little to no critical thinking.
-Free yogurt, juice, etc....it gets old after a while but it is nice they supply it.
-CoStar places metrics over management. Most of their research managers are made up of plateaued 40-something-year-olds who are about as useful as a nun in a brothel. Most of the metrics they use are about as relevant as Dane Cook is to comedy now.
-The lack of transparency is mind-blowing. The CEO casually makes the entire training department either take a severance or find another job (this was a couple of weeks ago)-- and it's never referenced by upper mgmt. Instead, we hear it from the gossiping hens of the mgmt team, and not the Director or VP. Speaking of the CEO, everyone seems to worship the ground 4'10" Andy Florence walks on and that can be annoying.
-Things are constantly changing, which isn't necessarily a bad thing most of the time, but at CoStar ..that change is rarely uplifting. The best change happened when our salaries absorbed our bonuses (which at best, were biased and had no real footing in reality.)
-If you start at Research and get promoted to Senior Research Associate (that is two promotions from where you start), then CONGRATS! You get to do the same thing that Joe Blow will do right after he is hired but just for 20,000 more dollars than him. CoStar is ineffective at using their leaders and they lose a lot of great people to turnover due to their lack of true career progression. All the good ones either leave the company or transfer out of the cesspool that is Research into another department. You can work hard for three years and get promoted twice but will be relegated to doing the same common tasks you did when you were first hired.
-Stupidity abounds and I find myself asking "why?" most of the time.
Advice to Management
-Fire most of your Research Managers and start over again. Stop using metrics that don't add anything and just let your people work and have actual managers start tracking and managing to improve performance.
- Call Audits aren't positive. Have your managers actually manage and listen to phone calls as they happen (side-by-sides) so they can immediately remedy any problems on the spot.
-If you are going to metrics, which I am sure you will continue to do, ground them in reality
I applied through a recruiter. The process took 2 weeks. I interviewed at CoStar Group (San Diego, CA) in February 2017.
Interview was in three phases: (1) Recruiter asks basic programming questions to ensure that I had fundamental knowledge. (2) Phone interview with a tech at CoStar. More like a screening; he asked questions about the nature of my work, obviously to see how I would respond, to determine whether I was familiar with principles endemic to the position that they sought to fill. (3) On-site technical interview. Here, it was just me and another guy in front of a huge screen, he gave me a mouse and a keyboard and told me to make some very specific stuff happen. This went pretty smoothly until he questioned me on something that wasn't anywhere on the job description that they posted online and gave to the recruiter. I was completely blindsided, and failed miserably. Wind went out of my sails after that, I just wanted it to be over. We shook hands and I left.