Marcus & Millichap Reviews | Glassdoor

Marcus & Millichap Reviews

Updated April 18, 2019
460 reviews

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3.5
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Marcus & Millichap CEO Hessam Nadji
Hessam Nadji
103 Ratings

Employee Reviews

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Pros
  • "Competitive place with lots of people making a lot of money" (in 18 reviews)

  • "Great training program and good for building connections in the CRE industry for wherever you may end up" (in 36 reviews)

Cons
  • "Tough to get started and 100% commission based pay" (in 19 reviews)

  • "Bad management, no benefits, Do not care about employees" (in 19 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (27)

    "Investment Sales Broker"

    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 Marcus & Millichap full-time (More than a year)

    Pros

    Great training program and good for building connections in the CRE industry for wherever you may end up. (Investor, developer, broker)

    Cons

    Eat what you kill. Earn only what you sell is an environment a lot of people cannot tolerate. If you stick it through a year or two the benefits can be outstanding.


  2. "Incredible place to work"

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

    I have been working at Marcus & Millichap full-time (Less than a year)

    Pros

    -Great training
    -Fun atmosphere
    -like minded people
    -Potential to make a ton of money
    -Extremely helpful Management

    Cons

    N/A nothing bad to mention

  3. "I like my team"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Marcus & Millichap full-time

    Pros

    I like my team, some nice/cool people.

    Cons

    Some of the personalities are extremely annoying, un-necessarily yelling/swearing for literally no reason. It comes off as over-compensating.


  4. "Great Training, Solid Platform, Reap the Fruit of Your Labor"

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

    I have been working at Marcus & Millichap full-time (More than a year)

    Pros

    -There is new management in this office which has sparked strong positive change.
    -Great training, which can't be found in any other brokerage that is tailored around the skills you use as a broker.
    -Culture of hard work ethic
    -Great senior agents who are well respected in town and get deals done
    -Friendly, collaborative culture
    -Ability to make six figures if you put in the work
    -You have freedom. No one is telling you when to arrive and leave the office, or how to use your time. You decide what is going to elevate your business and you carry it out (this is what makes some unable to thrive in this environment, you need to be self-driven, no one will hold your hand and guide you through to the end)

    Cons

    -Not for lazy people. You only make it to earn a good salary if you put in the work
    -If you're afraid of putting yourself out there and making a lot of calls/grinding, don't waste your time. If you're going to accept that it takes time to build a pipeline and actually have people to sell real estate for and to, then hop aboard, you are welcome here!

    Advice to Management

    Keep up what you're doing. The office's culture is growing stronger each month. Recruits are great. I feel well supported to succeed.


  5. "Treat it as if it is your own business"

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

    I have been working at Marcus & Millichap full-time (Less than a year)

    Pros

    Unlimited Earning Potential, Lots of training and development, great mentorship program with highly talented mentors, and freedom. If you don't have a good personal drive to get things done or are bad with people, this industry is not for you. Marcus & Millichap gives you the tools to succeed and build your own business. There is lots of opprotunity's here with a partner (manager) who will set you up to succeed, but you will only do so if you follow their advice and training.

    Cons

    High barriers to entry, you have to provide your own computer and pay about $3000 for licensing and training (not all at once). East Coast dress code, Suit & Tie everyday.

    Advice to Management

    Lower barriers to entry


  6. "Sky is the limit"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Associate in Washington, DC
    Current Employee - Sales Associate in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Marcus & Millichap full-time (More than 3 years)

    Pros

    Uncapped income great training and resources

    Cons

    No salary to count on


  7. "All about the money"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Marcus & Millichap full-time

    Pros

    They provided us great training

    Cons

    But there is a Frat bro mentality

  8. "Great"

    StarStarStarStarStar
    • Career Opportunities
    Current Employee - Sales Associate
    Current Employee - Sales Associate

    I have been working at Marcus & Millichap full-time

    Pros

    Lots of Money If you can sell

    Cons

    Lots of Hours with no pay unless you sell


  9. "Too much competition"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Sales Associate in Jersey City, NJ
    Former Employee - Sales Associate in Jersey City, NJ

    I worked at Marcus & Millichap full-time (More than 3 years)

    Pros

    They really taught me how to underwrite a property.
    Leaders in investment sales

    Cons

    In NJ the territories were not well defined for new agents. Cold calling was no fun

    Advice to Management

    give agents more defined markets to work.


  10. "Great for Sharks"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Sales
    Former Employee - Investment Sales
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Marcus & Millichap full-time (Less than a year)

    Pros

    Very lucrative if you put in the hard work

    Cons

    Doesn't really cater to anyone who isn't a Type A personality