CoStar Group Career Overview | Glassdoor

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CoStar Group Overview

Washington, DC
1001 to 5000 employees
1987
Company - Public (CSGP)
Computer Hardware & Software
$500 million to $1 billion (USD) per year
CoStar is where passion, creativity, and a drive for results come together to influence the way the $17 trillion commercial real estate industry does business.

Our suite of online services enables clients to analyze, interpret and gain unmatched insight on ... Read more

CoStar Group – Why Work For Us?


 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!

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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.

Our culture is people

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.

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We team up to give back

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.


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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):

  • Health Coverage -- Medical/Prescription Drug/Dental/Vision
  • Life and Accidental Death & Dismemberment (AD&D) Insurance
  • Voluntary Life Insurance
  • Disability Insurance
  • Health Care and Dependent Care Flexible Spending Accounts
  • 401(k) Retirement Plan with a matching contribution
  • Employee Stock Purchase Plan
  • Paid Time Off (Vacation, Personal Days, Sick Leave, Holidays, Parental Leave, Wedding Leave)
  • Tuition Reimbursement
  • Employee Assistance Program (EAP)
  • Generous Commuter Benefits program

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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:

  • Business Casual Dress
  • Fitness Center/Fitness Center Discounts
  • Wellness Program
  • Complimentary coffee, tea, hot chocolate, fresh fruit, yogurt and granola bars!

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

Research

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.

Field Research

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.

Research Associates

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.

Sales

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.

Technology

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.

More than one path to a great career

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:

  • Sales
  • Customer Service
  • Human Resources
  • Marketing
  • Accounting/Finance
  • Facilities
  • Legal
  • Product/Development Systems

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.


CoStar Group Reviews

2.4
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
CoStar Group President, CEO, and Director Andrew C. Florance
Andrew C. Florance
510 Ratings
  • "Sales"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Executive in San Diego, CA
    Current Employee - Sales Executive in San Diego, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at CoStar Group full-time (More than a year)

    Pros

    Money. Flexibility. Sales Culture. Company is taking over the world.

    Cons

    Unorganized. VP management is brought in from outside and don't care. They are paid a ton.

    Advice to Management

    They don't care.

See All 819 Reviews

CoStar Group Photos

CoStar Group photo of: Several students and teachers from nearby Strong John Thomson Elementary School to pick up $2,500 in new school supplies!
CoStar Group photo of: District of Columbia Mayor Vincent C. Gray presented CoStar Group with a 2013 Mayor’s Sustainability Award.
CoStar Group photo of: TEAM TORONTO: Research associates and managers responsible for building a database from scratch, one that now has details on more than 1.3 billion square feet in 55,000 properties.
CoStar Group photo of: Looks like it feels
CoStar Group photo of: Panoramic View from 7th Floor Overlooking Richmond
CoStar Group photo of: Washington, DC Office
See All PhotosSee All

CoStar Group Interviews

Experience

Experience
44%
29%
27%

Getting an Interview

Getting an Interview
60%
13%
12%
10
2
2
1

Difficulty

2.5
Average

Difficulty

Hard
Average
Easy
  1. Helpful (6)  

    Vice President Interview

    Anonymous Interview Candidate
    No Offer
    Negative Experience
    Average Interview

    Interview

    Very slow and borderline unprofessional experience. Whole process took 3-4 months, with the bottleneck being getting a final buy-in from the CEO (who's not the hiring manager). Scheduled with the CEO on 4 different appointments and got last-minute cancellations and reschedule requests. On the last reschedule I mentioned to the recruiter that I now have a different offer on the table, and request if they can expedite this - and ended up not hearing back, at all. Very poor way to treat candidates who have spent time on the whole process, but perhaps this is a blessing in disguise as it makes my decision to accept the other offer a lot easier!

    Makes me wonder the culture and process of the company if everything is reliant on the CEO, with other "executives" not able to move forward and make their own decision. Granted this is for a VP position but I bet you if I am interviewing with Mark Zuckerberg or Tim Cook they would arrange their calendar no problem, or empower their team to do the right thing.

    Interview Questions

See All 263 Interviews

CoStar Group Awards & Accolades

  • Workplace Excellence Award, Alliance for Workplace Excellence, 2012
  • Health & Wellness Trailblazer Award, Alliance for Workplace Excellence, 2012
  • The Post 200, Washington Post, 2011
  • Social Media Newcomer of the Year, Tenant Advisor/CRE Geek, 2011
  • America's 200 Best Small Companies, Forbes, 2009
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