IDS Real Estate Group Reviews | Glassdoor

IDS Real Estate Group Reviews

6 reviews

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4.0
Star Star Star Star Star
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David G. Mgrublian
1 Rating

Employee Reviews

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  1. "Awesome firm"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook

    I worked at IDS Real Estate Group full-time (More than a year)

    Pros

    Great people with a great culture. Free lunches every Thursday is awesome. I would highly recommend working for and with IDS Real Estate Group.

    Cons

    There are not too many weaknesses with this firm. They are very reliable and have great integrity.


  2. "Great people, low pay"

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

    I have been working at IDS Real Estate Group full-time

    Pros

    Great work environment, very knowledgeable people

    Cons

    Low pay, have to wait for three months before you become eligible for benefits


  3. "A firm that encourages competance, integrity, accountability and strong work ethic to ensure highest client satisfaction"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Los Angeles, CA
    Current Employee - Anonymous Employee in Los Angeles, CA
    Recommends

    Pros

    Privately-held, boutique, entrepreneurial firm. People are smart and like to work hard. Open door policy encourages exposure to vast knowledge and experience of Sr. Management and opportunities to work on diverse types of projects and portfolios. Culture of strong commraderie amongst workforce. Great reputation with clients.

    Cons

    The open bullpen -style seating for the services professionals that encourages information sharing and learning is not fully supported by all.

    Advice to Management

    Good communication is key.


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  5. "I enjoy the broad experience I get in all aspects of commercial real estate."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Real Estate Manager in Los Angeles, CA
    Current Employee - Real Estate Manager in Los Angeles, CA
    Recommends

    Pros

    I am given a broad level of responsibility to run my portfolio. Senior management is always available to provide advice, but they don't babysit or hover. It is truly a meritocracy. If you do weil, you will be recognized and compensated - if not, you'll be moved out. Management cares about employees - nice offices, great pay and benefits, numerous company functions, lunch for everyone once a week, annual performance feedback and goal setting, etc. As a result, there is very low turnover - perhaps one mid level manager or above every couple of years and the administrative staff rarely leave.

    Cons

    It is an intense working environment and not for everybody. Also, it is a very social environment, so if you are introverted by nature you could feel uncomfortable there.

    Advice to Management

    Try to grow the company to provide more opportunities for internal growth. Also, look at other product types to manage like multifamily and geographic regions to manage.


  6. "Long hours, incompetent management, poor communication"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Los Angeles, CA
    Former Employee - Anonymous Employee in Los Angeles, CA
    Doesn't Recommend

    Pros

    They pay decently and you'll get alot of experience dealing with diverse people outside of the company. Multiple property types managed, which creates broader knowledge base.

    Cons

    Extremely long hours - it was more important to be seen alot than actually be working. Management and employees all seem to be trying to "outmanage" each other by delegating responsibilities all over the place, not doing any actual work. Lots of employee turnover.

    Advice to Management

    Implement business casual dress. Communicate with employees more than at them - your turnover rate will decrease. Stop worrying about image so much and concentrate more on business activities.


  7. "plenty of freedom but not much training"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in Los Angeles, CA
    Former Employee - Associate in Los Angeles, CA

    Pros

    Plenty of freedom to experiment and try out different ways of solving problems. Not too much micro-management. Friendly, supportive, and offers opportunities for long-term advancement.

    Cons

    Weak training program for new hires. There is not a lot of hand-holding. Not the most tech-savvy company or industry. Conservative environment with formal power hierarchy.

    Advice to Management

    Make it clear what needs to happen in order to achieve a promotion. Don't waste people's time with management / company leader meetings. If they are not managers, then they do not need to be there.