CoStar Group Research Analyst Reviews | Glassdoor

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CoStar Group Research Analyst Reviews

Updated May 28, 2019

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3.4
82%
Recommend to a Friend
82%
Approve of CEO
CoStar Group Chief Executive Officer Andrew C. Florance
Andrew C. Florance
21 Ratings
  1. "Tedious work, but great environment and amenities."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Research Analyst in Washington, DC
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at CoStar Group full-time for more than a year

    Pros

    Workplace was great. Beautiful, great locations, lots of perks.

    Cons

    The work is really tedious. Boring stuff, and management RIDES you for it.

    Advice to Management

    I think management does a great job. The nature of the work requires they be super demanding. Hard to deal with, but I see no other way.

    CoStar Group2014-09-25
  2. Helpful (2)

    "Good company to start"

    StarStarStarStarStar
    Former Employee - Research Analyst 
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at CoStar Group full-time for less than a year

    Pros

    Good benefits for pregnant women

    Cons

    The hours are a bit long

    Advice to Management

    Focus

    CoStar Group2019-05-29
  3. Helpful (1)

    "Research Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Research Analyst in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at CoStar Group full-time for more than 5 years

    Pros

    Great building, good location, good transportation subsidy, free food, good co-workers.

    Cons

    Typically micro-managed and held to a universal metric system which doesn't apply the same to everyone based on market location.

    Advice to Management

    Allow your employees some leeway to figure their own best way to complete daily tasks. At the end of the day it is all about the clients anyway. If they are happy, CoStar should be happy (and will be, more revenue).

    CoStar Group2018-09-06
  4. Helpful (11)

    "Run....very VERY fast!!!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Research Analyst 
    Doesn't Recommend
    Disapproves of CEO

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

    Pros

    Pros for working at CoStar.... you meet a great group of people. Without your co-workers to get you thru the day, it would be horrible. The pay....well that is a trap.....and still not enough for all the work that you are expected to complete....so is that really a pro??? Yeah, that is all I have.

    Cons

    I will share SOME of the downsides of working at CoStar because I don't have enough time to list them all. (1) The work.... the thing is the work in and of itself is not bad....it can be enjoyable...establishing relationships with people all across the country…. Actually doing research to find the meat and potatoes…if you were allowed to do that. Ok on to the next one; (2) Management – and not the direct manager you report to because they are just minions that deliver the information from upper management. Management does not listen at all. How can you NOT listen to the actual people that do the job…. Or Not even ask the actual people to do the job. (3) The horrible metrics…..wait, did I say HORRIBLE metrics!!! They don’t know what they want…or they want one thing on this day and another thing on another day. Sometimes it changes within the same day. Make calls, match the databases, we are one company, make calls, don’t talk to the admin, make the broker speak to you, MAKE the broker speak to you. They say “your brokers ignore your calls but they really do want to hear from you”. They say “you have to retrain your brokers”. Who is “THEY” – the managers who don’t listen. First, you have to do 20 two-minute calls, 50 dials and 1 hour 15 minutes of duration… then it changes to 90-second calls, 50 dials, 2 hours of duration…..who can keep up….but then told now you have to make the databases match…so pull your location from a report that has no rhyme or reason, compare what is on LoopNet to what is on CoStar…noting all the changes, then call the broker…don’t make the changes until you talk to the broker… so you’ve spent what….30 minutes or more doing them comparison and walk away with one attempt and 30 seconds of duration because you better not leave a long, detailed, slow, explanatory voice message. Yup, I know that sentence is a long rambled run-on sentence…but that is exactly how it is there. (4) Moral is worse than ever. It has been bad but everytime you think it cannot get any worse… they pull something else out and throw it on the table. (5) Upper management….when they have someone good…they get rid of them or that person rans away very fast after they really get what everything is REALLY about. Some people think it was going in the right direction under Frank C but he did not stay in the position long and the person in charge now has no clue. (6) Turnover… a joke…. You are hit with the “what the hell did I get myself into?” not very long after hitting the floor from training. Employees that have been there for a long time…..are more or less stuck because of their tenure and/or trying to find a matching pay elsewhere when looking for a new job. Anytime you have to incentivize someone to stay by promises stock options or a lump sum of money if they stay for 3,4, or 5 years then there is a bigger problem. But guess what those people do as soon as their contracted time is up….yup, they leave.

    Show More

    Advice to Management

    As another post said.... NONE....because they don't listen. Oh there is one....stop putting up fake posts on here.... you are fooling no one. This place needs a union!!!!!

    CoStar Group2017-02-05
  5. Helpful (5)

    "Good for what it was"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Research Analyst in Washington, DC
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at CoStar Group for more than 3 years

    Pros

    Free food, nice gym, health insurance was good

    Cons

    Soul sucking, you can't move up unless you're male.

    Advice to Management

    Build up your staff

    CoStar Group2016-03-30
  6. Helpful (3)

    "Research Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Initial Research Analyst in San Diego, CA
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at CoStar Group for more than a year

    Pros

    They are willing to hire you with little to no experience, which is a rarity these days. You will gain some knowledge about commercial real estate, the terminology, and rates. Additionally, you get to make some connection within real estate that can help you if you decide to leave.

    Cons

    Maybe it has changed, but management was worried sole about meeting quota, and not doing much else except gossip. If you were really good at your job, You wouldn't get promoted, because they needed you to do that job, If you were average and played the suck-up game then you would be promoted. Raises were meager, and the mark for receiving a bonus was constantly moved.

    Advice to Management

    Learn to promote from within. Have realistic expectations for meeting quotas. Make management accountable for not doing their job.

    CoStar Group2015-05-26
  7. Helpful (10)

    "Stay Away!"

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

    I worked at CoStar Group full-time for more than 5 years

    Pros

    Good salary, employees you work with are great, close to lots of food places, easy to get to!

    Cons

    Metrics are unrealistic, bonus structure changes a week or so before paid out, you can't trust anyone, some managers act like they are still in high school, and you feel like you are working for big brother. You think you will be promoted, but you don't. The lazy folks get promoted, not the ones who work their butt off!

    Advice to Management

    Come up with better metrics by market, not make it universal!

    CoStar Group2014-09-25
  8. Helpful (9)

    "Six Months Later, Still Happy I Left"

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

    I worked at CoStar Group full-time for more than 3 years

    Pros

    Great vacation, vision and medical benefits, generous company 401K match, aesthetically pleasing office environment. I learned how to write sale comparables and talk knowledgably about commercial real estate with people on every side of the business.

    Cons

    The company culture, particularly in the DC Research office, is toxic. Much of that comes from the company's structural disorganization and inability to hire and retain strong leaders at the VP level. The metrics system (i.e. bonus structure) is only minimally overseen by HR (and even that is an improvement over what used to be). Managers, whether promoted from within or recruited from outside, have very little control over their sections and are essentially mouthpieces/puppets for upper management. Advancement is highly dependent on your manager and director being willing to advocate for you - without their support, even a lateral move is difficult. Like many former CoStar employees, I left with a mild case of professional PTSD.

    Show More

    Advice to Management

    Instead of trying to fix the symptoms (high turnover rate, bad Glassdoor reviews, etc.), fix the problem - a culture where output is valued far, far more than the people who produce the product.

    CoStar Group2014-08-15
  9. Helpful (5)

    "Horrible Company, horrible management"

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

    I worked at CoStar Group full-time for more than a year

    Pros

    Great co-workers, they did bagels on Fridays. That's about all the positives I have for this place.

    Cons

    Do you love constantly changing metrics? Unorganized management? Have a job where every day is like roulette? Then CoStar is for you.

    Advice to Management

    Change! You have to stop ignoring the reviews on here. Your employees hate your company and that should mean something to you.

    CoStar Group2014-03-06
  10. Helpful (6)

    "Run from this place even if your desperate for a job!!!!"

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

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

    Pros

    Great coworkers on your team, nice snacks, good gym but you'll never have time to use it. Introduces you to real estate industry and you can connect with some good cre people when you decide to leave.

    Cons

    The work life balance here is totally ridiculous due to the metrics. You have to stay late to try and meet the bare minimum for a bonus (which you will never receive). This place has such a big brother atmosphere and all the telephone calls are taped. You constantly get yelled at by brokers or hung up on b/c they don't want to talk to you but yet you'll get audited poorly for not stretching the conversation. This two minute phone call is bogus when people don't want to stay on the phone for 5 seconds. Management has there head up in the air and constantly push initiatives that the higher up managers think will work but there so detached how would they know. If you told them to call a portfolio they couldn't handle it. The weak managers, I'm sorry the managers who just say yes and don't push the envelope to actually make the company better are promoted. While the people who actually know what they are doing, who have trained the teams and often times the managers being promoted are the ones who are constantly ignored or put down b/c they don't want them to leave the floor.

    Show More

    Advice to Management

    Take a look at the people who have been there forever cleaning up others work, actually know the product and promote them instead of the managers who look bubbly and shiny and I guess the "face" of CoStar. This place will survive b/c its a MONOPOLY (shame SEC) but how can you be a successful research company and you can't even develop metrics to evaluate your own company.

    CoStar Group2013-12-16
Found 29 reviews