Corcoran Group Reviews | Glassdoor

Corcoran Group Reviews

Updated May 19, 2018
65 reviews

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3.7
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Pam Liebman
42 Ratings

65 Employee Reviews

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Pros
  • great company name and reputation (in 5 reviews)

  • Great training (you get one month of full time training upfront), great tech resources, and highly experienced managers (in 4 reviews)

Cons
More Pros and Cons

  1. "Pretty good starting job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Corcoran Group full-time (More than a year)

    Pros

    Very nice office, job was exciting lots of board packages to process

    Cons

    The agents had.....personalities that are sometimes hard to deal with. Low pay and ok benefits

    Advice to Management

    Keep moral up keep people motivated


  2. "Good Brand. Severe Management culture problem in the Hamptons."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Broker in Southampton, NY
    Current Employee - Associate Broker in Southampton, NY
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Corcoran Group full-time (More than 5 years)

    Pros

    Reputable brand. Great recognition. Name opens doors. Corcoran in Manhattan is outstanding. Large group of people to look to for support.

    Cons

    Good ole boys club. Way behind the times. No longer leading the market. Upper management in the Hamptons more worried about politics than developing agents. Not the same company in the Hamptons as you would get in NYC.

    Advice to Management

    Be innovative in the Hamptons. Be supportive of all agents. Offer solutions rather than criticism.

  3. "Great Company!"

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

    I have been working at Corcoran Group part-time (Less than a year)

    Pros

    Great work environment, great team, great benefits.

    Cons

    Communication amongst different departments within the company.


  4. "The Old Guard"

    StarStarStarStarStar
    • 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
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Corcoran Group full-time (More than 3 years)

    Pros

    Brand Name Recognition
    Salesperson Training
    Company Resources
    Impressive Offices
    Many big name resi brokers still there
    Diverse cultures and backgrounds among agents

    Cons

    Sink or swim.

    Brand-centered over Agent-centered

    Company still in panic mode over an exodus of top agents over the past few years

    Management more concerned with retaining top talent than building up new hires.

    No longer an innovative or cutting edge company but is playing catch up with the more up to date firms

    Lack luster splits and office fees

    Dry uninspiring culture

    Advice to Management

    Take notes from companies and managers that report high levels of satisfaction and loyalty from the bottom to the top. You will retain more agents that way.


  5. "Great Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Weekend Receptionsit in New York, NY
    Former Employee - Weekend Receptionsit in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Corcoran Group part-time (More than a year)

    Pros

    I worked in a large office with a very strict manager but it was respected more than frowned upon. Agents were always a joy to deal with.

    Cons

    It was a large office so I had to deal with multiple personalities but over all it was a wonderful place to be.

    Advice to Management

    Keep the strict rules.


  6. "poorly managed"

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

    Pros

    Great staff and good culture,

    Cons

    Very poorly managed from the top down

    Advice to Management

    Learn to recognize talent. Learn to manage properly


  7. "Great working space"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Commissions Coordinator in New York, NY
    Current Employee - Commissions Coordinator in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Corcoran Group full-time (Less than a year)

    Pros

    •Current office manager is fantastic
    •A lot of paid time off
    •Newly renovated floor with top notch kitchen
    •There are large couches, booths and even a Zen room in order to relax!

    Cons

    •The agents meaning the realtors can be demanding and very rude at times ,but other than that I really haven’t had a negative experience yet.

  8. Helpful (1)

    "Best in class for any real estate salesperson in NYC."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Real Estate Salesperson in New York, NY
    Former Employee - Real Estate Salesperson in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Corcoran Group full-time (More than 3 years)

    Pros

    Great training (you get one month of full time training upfront), great tech resources, and highly experienced managers. Big spent on advertising and reputation is key.

    Cons

    Quality leads are rare and usually go to best producers. A better system should be in place to ensure leads (whether inbound from the web, phone, or managers) are fairly handed out.

    Advice to Management

    My advice would be to find a way to get new salespeople deal flow. Also, a mentor program to pair with experienced agents would be tremendously helpful.


  9. "sales professional"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Approves of CEO

    I worked at Corcoran Group part-time (More than a year)

    Pros

    great company name and reputation

    Cons

    just starting in the real estate business, you do not get much mentoring.


  10. "Fantastic company to work with!"

    StarStarStarStarStar
    • Culture & Values
    Former Employee - Licensed Real Estate Agent in New York, NY
    Former Employee - Licensed Real Estate Agent in New York, NY
    Recommends
    Approves of CEO

    I worked at Corcoran Group full-time (More than 3 years)

    Pros

    Strong company culture, fabulous staff

    Cons

    Lacking in the IT department


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