CBRE "brokers" Reviews | Glassdoor

CBRE Employee Reviews about "brokers"

Updated Oct 24, 2019

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3.7
72%
Recommend to a Friend
89%
Approve of CEO
Pros
Cons
  • "Forget about work-life balance; they don't retain talents(in 108 reviews)

  • "There is a tolerance for bad behavior among brokers(in 82 reviews)

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Reviews about "brokers"

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  1. "CYO-Job Experience"

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

    I have been working at CBRE full-time for more than 5 years

    Pros

    No defined path - you absolutely are in charge of your own career. Lots of opportunity in many specialized areas/industries Partnering with Senior Brokers is highly encouraged - lots of opportunity to learn Many management resources to turn to for help

    Cons

    Often, pay is lower than other firms (especially for Staff), although brokers are comparable Can be too much management at times No defined career path - if you want to do well, get promoted, get standard raises this is not the company for you Limited opportunity for education (don't offer assistance with degrees or certificates)

    Advice to Management

    Slim down or simplify management. Increase pay to support staff Create opportunity for advanced education assistance

    CBRE2019-06-06
  2. Helpful (3)

    "Not a good place for Assistants"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Executive Assistant in New York, NY
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at CBRE full-time for more than a year

    Pros

    Benefits are okay, large spending accounts for events and swag, team outings, very high-profile brokers and company recognition. They do some nice things for Admin Appreciation week.

    Cons

    The health insurance is horrible coverage, very high costs and they won't cover even basic things like annual pap smears - I received a $2000 bill for mine. The senior executives and brokers are treated like kings and queens even if they facilitate and encourage a hostile work environment, which they absolutely do. These executives thrive on the "kill or be killed" mentality even within their own teams.... Complaints to HR will not do you any good, they will simply fire you to keep you quiet. I know of at least 4 assistants in the year I was there that had this happen. Since I left, over 6 assistants have been hired to replace me and every single one is gone in 6 weeks or less. You can be terminated at any time if your executive decides they want you gone, even if your performance is exceptional. They very much stand behind the "employment at will" clause that says you can be let go for no reason. I saw amazing assistants get fired left and right - it creates a terrible sense of paranoia that you're next and you should basically have your resume ready to go at any time. The performance expectations are unrealistic and not attainable - you basically need to be a psychic mind reader and dedicate your entire life 24/7 to the job. It is completely normal to work 12-14 hour days, 6 days a week for the entire team and only go home to sleep and change clothes. You will eat all of your meals here, you will have zero work life balance and your health will absolutely decline. Its a running joke among the admins on what ailments will happen to any new assistants hired because it is a real thing. The pay is excellent, mostly because of all the overtime but don't expect a large bonus, certainly no where near the level the other team members get even though you do most of the actual work on deals. Its a thankless job that will drain the life out of you and leave you with no time to date, see friends or family, exercise, travel or ANYTHING that you enjoy because when you do get rare time away from the office you are so exhausted that you basically go into a coma. Also, CBRE instituted a new communication hierarchy where instead of your boss discussing things with you directly, they now will tell an HR rep who then has a meeting with you to relay the information. You then go back and forth a hundred times because you aren't allowed to receive corrective conversations directly from your superior. However, because of this - your opinions are never really taken into consideration and explanations don't make sense because the HR rep isn't aware of what actually happened. You're basically just told to improve this or that but in very vague terms like "be more proactive", improve your "ability to anticipate any future scheduling needs that may arise in real time" and "personal assistance to an executive should now also extend to their family, staff and others deemed as VIP". It's the worst place I've ever worked in 20 years and leaving there was by far the best decision of my life.

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    Advice to Management

    Understand that employees need to feel valued and actually be valued. Executive's success is in a large part due to the person at their right hand side, so assistant's needs and concerns should be listed to. If you demand that they dedicate their lives to your company then at least provide some on-site perks like a yoga studio or fitness area, nap pods, meal stipends, etc. Assistant's should get a generous bonus... based in part on their Executive's sales - if a broker is making $21 BILLION a year in sales, then yeah their EA absolutely deserves a bonus of .000002 % of that. Also, if you have the same role constantly having turnover, then recognize that the problem isn't the 20 assistants that were in that position, its the executive. It's 2019 - why do you still only have 5 women in leadership roles when you have over 90,000 employees? Stop being part of the problem.

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    CBRE2019-10-24
  3. Helpful (1)

    "Pretty solid company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends
    Approves of CEO

    I worked at CBRE full-time for more than a year

    Pros

    Plenty of perks. Employee recognition throughout the year.

    Cons

    There is a tolerance for bad behavior among brokers.

    Advice to Management

    Give office support more confidence by backing them up with professionals.

    CBRE2019-08-12
  4. Helpful (2)

    "A toxic culture with inept and indifferent management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Research Analyst in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Free snacks, good resume booster

    Cons

    If you are not in brokerage there is only hardship and heartache. Brokers consistently speak down and belittle you. Management is incompetent (Chicago office).

    Advice to Management

    You have created a caste system within your company. Brokers do not respect you or adhere to your weak leadership. Accountability must be introduced.

    CBRE2019-06-11
  5. Helpful (3)

    "Not all employees treated the samel"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Houston, TX
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at CBRE full-time

    Pros

    Have nice gatherings for the employees

    Cons

    Management caters to the Brokers not the support staff.. brokers get away with anything..

    Advice to Management

    Don't hire upper management that were Brokers, they can't see past that & make decisions from a broker stand point.

    CBRE2019-04-11
  6. Helpful (5)

    "Not a good place if you want to grow."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Oak Brook, IL
    Doesn't Recommend
    Disapproves of CEO

    I worked at CBRE full-time for more than a year

    Pros

    Big name company, that's it.

    Cons

    A "good ole' boys system" in the corporate environment. They do not support diversity no matter how they try to promote it. Industry dominated by white men who only give good jobs to their kids. Whole environment sucks, brokers are cheap and do not reward support staff.

    CBRE2019-03-19
  7. Helpful (2)

    "Great Place to learn CRE, but......"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Phoenix, AZ
    Doesn't Recommend
    No opinion of CEO

    I worked at CBRE full-time for more than 10 years

    Pros

    Support staff are awesome, with a few exceptions with some embedded staff in a broker team. If you shine, you are given more opportunities to work on special projects with increasing complexity and responsibility.

    Cons

    Management. If you are promoted to management, beware the backstabbers, insanely immature brokers who treat you like you are an idiot even though your job is to support them (and do their grunt work). Egotistic, mysoginists that are homophobcx xenophobes and have narccisitic personalities are the loud mouths who complain (behind your back, of course) to management, and when they are proven wrong they just dig in. ... Senior Manager has no backbone and is a yes man to the brokers, HR is a joke

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    Advice to Management

    None to give becuase it falls on deaf ears. RISE values and annual harrasment certification applies to ALL employees, including Mangement and top producers. Walk the talk!!!

    CBRE2019-01-12
  8. "Associate broker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee 
    Positive Outlook
    Approves of CEO

    I have been working at CBRE full-time

    Pros

    Lots of resources. Lots of good support staff. Good opportunities to work with others.

    Cons

    A Fortune 500 company run like a feudal fiefdom. Whiny backstabbing brokers and ineffective mgmt. Lack of support to younger employees.

    CBRE2018-12-09
  9. "Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Advisor in Minneapolis, MN
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at CBRE full-time for less than a year

    Pros

    Good atmosphere Lot of deals Solid leadership

    Cons

    Big company Brokers fighting over same territory

    Advice to Management

    None

    CBRE2018-12-05
  10. Helpful (1)

    "If you find high end watches important, this is the place for you."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Commercial Real Estate Broker in Los Angeles, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    The company has great values, they really does seem to care, I really liked a lot of people in the office.

    Cons

    The commercial real estate culture is not so great. People screw over other people all the time. They are still a little too uptight, constant passive aggressive comments out not wearing a tie. Top brokers get treated like gods while new brokers get to fight over scraps.

    Advice to Management

    Start focusing on the younger generation.

    CBRE2018-10-19
Found 82 reviews
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