Marcus & Millichap - Marcus & Millichap - A good starting place. | Glassdoor
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There are newer employer reviews for Marcus & Millichap

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"Marcus & Millichap - A good starting place."

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Brokerage Administrator in Phoenix, AZ
Current Employee - Brokerage Administrator in Phoenix, AZ
Recommends
Approves of CEO

Pros

Marcus & Millichap has a great name and reputation associated to the company. It is a great springboard for experience in commercial real estate. They also have year end incentives for the top agents. The training offered can be helpful for those just starting in the industry.

Cons

Marcus & Millichap is very corporate. They have created their system for doing things and will not venture far from their box. So, getting things changed or adopting a new method is at times a difficult maneuver.

Advice to Management

Senior Management needs to be more consistent and reward employees financially for good effort.

Other Employee Reviews for Marcus & Millichap

  1. "Mediocre and slipping"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Employee
    Current Employee - Employee
    Doesn't Recommend
    Disapproves of CEO

    Pros

    You learn a lot. Because the company operates very lean when it comes to support staff for the sales agents, you have an opportunity to be exposed to many aspects of the company which provides excellent learning opportunities. As support staff you are exposed to Marketing, IT, Legal, and many more aspects of the business in addition to your own duties. This is good if you are not sure where your are headed in your career because gives you a way to test out the waters and pick a direction.

    Friendly staff. The rest of the employees in the company are helpful and willing to give you a hand when new. This is in stark contrast to the sales side of the firm where things seem extremely competitive so most people heavily guard their knowledge along with their leads.

    Cons

    Support staff, or company employees, are spread very thin so when economic hardships arise there is little "fat" to trim and so existing employees are overworked to the point of burning out. Salaries are extremely low compared to other similar jobs in other companies and benefits are slim (no dental or vision and only $1000 annual match to 401k contibutions). Because of this the turn over rate is high. This also adds to the already heavy load existing employees have when they have to train someone new only to have to do it all over again in a few months.

    Advice to Management

    The high turn over rate means that something is wrong. Make an effort to give better training, salary, and benefits to your employees and you just might keep more of them. This could be a great company if you guys accept these simple truths.


  2. "Working for Marcus and Millichap was a rewarding experience."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Summer Intern in Palo Alto, CA
    Former Employee - Summer Intern in Palo Alto, CA
    Recommends

    Pros

    Marcus and Millichap is a huge player in the real estate industry. The company itself is comprised of several subsidiaries, each of which specialize in a specific sector of real estate. Working in the headquarters allowed me to learn about the intricacies and operations of many of these companies. All of the employees were friendly and bright. Although most of the employees were much older than I was because I was only an intern, I had a great overall experience.

    Cons

    I can honestly not complain about anything during my short stay at Marcus and Millichap.

    Advice to Management

    None

There are newer employer reviews for Marcus & Millichap
There are newer employer reviews for Marcus & Millichap

See Most Recent

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