Citi Habitats Reviews | Glassdoor

Citi Habitats Reviews

Updated April 4, 2017
68 reviews

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Full-time Part-time

3.6
Star Star Star Star Star
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Gary L. Malin
33 Ratings

68 Employee Reviews

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Pros
  • Great training and very good top managers (in 6 reviews)

  • good environment, people are positive, everyone willing to help (in 3 reviews)

Cons
  • 400 including REBNY) they take 65% of your commission for the first 6 deals, then it goes to 50-50 split (in 4 reviews)

  • Best for new agents with little experience (in 5 reviews)

More Pros and Cons

  1. "Real Estate Agent"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Real Estate Agent in New York, NY
    Former Employee - Real Estate Agent in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Citi Habitats full-time (Less than a year)

    Pros

    Fast pace environment which makes the job exciting.
    Weekly training sessions with your manager are quite helpful
    Can be a very fun job if you're a people person ( and if you associate yourself with a good team).

    Cons

    Real Estate is not for everybody, in order to succeed in real estate you have to be a great people person, and be part of a good team.
    Must treat this as a full time job; too many agents enter the field thinking they can do Real Estate part time and they end up failing miserably
    Commission splits are rough
    Start up costs: Marketing your listings online can be expensive.


  2. "Great for starting out!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Agent in Brooklyn, NY
    Current Employee - Sales Agent in Brooklyn, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Citi Habitats full-time (Less than a year)

    Pros

    Excellent management, there are workshops everyday, great vibe at the office.

    Cons

    All agents are asked to advertise the same listings. New agents have to work up to 6 deals to get a living commission.

    Advice to Management

    Keep encouraging agents to grow their business.


  3. "Positive Working Environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Manager in New York, NY
    Former Employee - Manager in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Citi Habitats full-time

    Pros

    - amazing people, great support
    - extensive training, infinite opportunities to learn, management is very helpful
    - good environment, people are positive, everyone willing to help. high energy
    - working coffee machine and nice kitchen

    Cons

    - low splits if you are starting as a new agent - only go if you are coming from another company
    - can get lost in the crowd so assert yourself
    - lots of listing fees need to be paid out
    - people on top make a lot of $$ so only go if you are a good agent and willing to work hard every day. If you are lazy you won't make any $$ period.

    Advice to Management

    Keep up the good work


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  5. "Great Residential Sales and Rental Firm"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Licensed Real Estate Salesperson in New York, NY
    Current Employee - Licensed Real Estate Salesperson in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Citi Habitats full-time (More than a year)

    Pros

    Great place to learn the New York City market. Excellent analytics and coaching. Strong brand with a commitment to providing great customer service.

    Cons

    I have been employed for over a year and a half. I firmly believe that the best way to succeed with long term success is to be on a team. Unfortunately, at present, I am not on one.

    Advice to Management

    Provide a road map to work with some of the top brokers and encourage them to seek out junior agents.


  6. "Better when it was Aptsandlofts... Poor Management!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Brooklyn, NY
    Former Employee - Anonymous Employee in Brooklyn, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Loved that you could get paid within 48 hours of closing a deal. That was an unexpected plus that came along with them acquiring Aptsandlofts that all of us were ecstatic about. They have a great , intense, sales training program that was offered since they are affiliated with Corcoran - we reaped those benefits.

    Cons

    Management has no idea what they're doing in certain offices. As the majority of the seasoned agents left once the merge happened with Aptsandlofts and Citi-Habitats, combined with the huge turnover of new and inexperienced agents, you would be Bombarded with questions from these newbies ( no offense, we were once there but...) 24/7. This is supposed to be the role of management. They are to train. They are to teach. Not another fellow agent unless a salary will be bestowed upon such agent. This, combined with favoritism, promotions to those who have no IDEA about how to run an office, and ridiculous attitudes does not make you want to go to work. If the managers cared as much about training new agents as they did about marking their territory and redecorating, then seasoned agents would still be there and managers wouldn't have to rent just to keep revenue up.

    Advice to Management

    Train your agents. Be unbiased. Hire more experienced Agents.


  7. "Good Training and Support, Ethical Challenges"

    Star Star Star Star Star
    Current Employee - Licensed Real Estate Salesperson in New York, NY
    Current Employee - Licensed Real Estate Salesperson in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Citi Habitats full-time (More than 3 years)

    Pros

    CH gives a lot of good training and has experienced managers to rely on as resources. It is the largest rental firm in New York City, which has its advantages for access to listings.

    Cons

    This is a very difficult business (90% wash out in 2 years) and many agents are tempted to take ethical shortcuts, such as putting up false pictures to draw in clients. There are some agents who have been able to make a good living in this business, but it requires getting rental building owners to list with you or to get sales listings, and that takes a lot of time. If you intend to go directly into sales (more lucrative) you should have 7-12 months of living expenses saved up.

    Advice to Management

    Actively patrol your agents' advertisements to help improve your reputation. Not all offices have this problem, but some do. Some managers pay lip service to this, but do not really care.


  8. "Real Estate Agent"

    Star Star Star Star Star
    • Culture & Values
    • Career Opportunities
    • Senior Management
    Current Employee - Real Estate Agent in New York, NY
    Current Employee - Real Estate Agent in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Citi Habitats (More than a year)

    Pros

    Everyone from the President on down is very helpful and engaging.

    Cons

    Very congested agent pool to work in.


  9. "Great company with room to grow"

    Star Star Star Star Star
    Current Employee - Flexible & Approachable Administrative Assistant/Receptionist in New York, NY
    Current Employee - Flexible & Approachable Administrative Assistant/Receptionist in New York, NY

    I have been working at Citi Habitats (Less than a year)

    Pros

    Great people, challenging, team work

    Cons

    pay could be better for some


  10. "what i think"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Licensed Real Estate Agent in Burbank, CA
    Current Employee - Licensed Real Estate Agent in Burbank, CA
    Recommends
    Positive Outlook

    I have been working at Citi Habitats (More than 3 years)

    Pros

    awesome company to work for

    Cons

    there are no cons for working at this company.


  11. Helpful (2)

    "Old business model"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Licensed Real Estate Agent in New York, NY
    Former Employee - Licensed Real Estate Agent in New York, NY
    Recommends
    Negative Outlook
    Disapproves of CEO

    Pros

    Old business model with same types you can find in any real estate company: the seasoned producers and the young guns, the two-tier office management, the corporate. Training courses and materials on site are good.

    Cons

    Whether you are working in a team or by yourself the managers tell you to post, post, post as many listings... Those are of course open listings. Commission structure is depressing to start with (35% split for you). Managers who post listings in the system get additional 5% or 10% of your commission split, even if those listings are open.

    Advice to Management

    To modernize and develop loyalty, start with salaried positions or other form of incentives for among new agents. Stop spending money on that new website that never comes...


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