CoStar Group - Monopoly within the industry but not much of a SF based company... | Glassdoor
There are newer employer reviews for CoStar Group
There are newer employer reviews for CoStar Group

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"Monopoly within the industry but not much of a SF based company..."

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Account Executive in San Francisco, CA
Current Employee - Account Executive in San Francisco, CA
Doesn't Recommend
Negative Outlook
Disapproves of CEO

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

Pros

Decent amount of opportunities for those that are willing to relocate and commit 100% to the company. There is a variety of job offerings and career location options from Washington, DC to San Francisco, CA. Deep pocketed company that will provide equipment and travel expenses and company credit card. There is structure and stability.

Cons

Not much of a Silicon Valley company. Values are the polar opposites, blue chip vs. start-up. The culture is motivated by fear and hope. Management is slow to react unless its from Andy Florence (CEO). 100 sided interest are at stake when new projects are underway, from mid-level mgmt, upper mgmt, lower level sales people to sr. level sales...too many heads are butting and everyone thinks they're right. Not much synergy within the organization. Too much politics and ass kissing.

Advice to Management

Employees will not stick with a company if the grass is greener on the other side. Increase transparency and compensate based on the work.

Other Employee Reviews for CoStar Group

  1. Helpful (3)

    "Run far away!!!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Research Associate in Washington, DC
    Former Employee - Research Associate in Washington, DC
    Doesn't Recommend
    No opinion of CEO

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

    Pros

    Location, office design, free snacks..

    Cons

    Micromanagement, impossible metrics, unrealistic goals changing ever 5 minutes, shady practices, backstabbing inexperienced managers (most not all).. being great at your job is not enough for these people you've gotta be willing to kiss a lot of **** to succeed..

    Advice to Management

    Stop promoting inexperienced children to managerial position--if you must, at least put standardized practices in place to hedge against their stupidity. Make training more rigorous by requiring researchers to read a book or two on CRE and test them on the info.. that will significantly improve the quality of your data..


  2. Helpful (2)

    "Excellent entry-level opportunities"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Research Associate in Washington, DC
    Current Employee - Research Associate in Washington, DC
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Managers are very accessible and there are many opportunities to move up. Commercial real estate has very few structured training programs and CoStar offers a month of classroom training and a structured program. Hard working people are recognized by their managers and given as much responsibility as they demonstrate they can handle. However, it is not frowned upon to work solely from 9-5 and there is the option to maintain a great work/life balance.

    Cons

    Historically, this firm did not recruit from top universities, as a result there are extensive metrics in place to measure productivity. Instead of having the confidence that employees will complete work to the best of their ability and on time, there is a metric for EVERYTHING. This quickly becomes tiresome. Many employees demonstrate ambition, but often this is not embraced by the company. The pay is also not on par with what is required to maintain a high standard of living in close proximity to the office.

    Advice to Management

    When you have so many young minds, you must engage them. Solicit feedback and provide more feedback. Embrace the energy of your entry-level employees rather than viewing them as a "necessary evil" that must be monitored with metrics. Have developmental seminars so employees can capitalize on the opportunities the firm offers.

There are newer employer reviews for CoStar Group
There are newer employer reviews for CoStar Group

See Most Recent

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