Marcus & Millichap Reviews | Glassdoor

Marcus & Millichap Reviews

Updated December 2, 2017
377 reviews

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3.3
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Approve of CEO
Marcus & Millichap CEO Hessam Nadji
Hessam Nadji
51 Ratings

377 Employee Reviews

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Pros
Cons
  • If you don't sell you don't make any money, and run the chance of losing your desk (in 11 reviews)

  • If you work for just one agent you get absolutely no benefits (in 15 reviews)

More Pros and Cons

  1. Helpful (13)

    "If you are reading this, this job is not for you."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Agent in Ontario, CA
    Current Employee - Senior Agent in Ontario, CA
    Doesn't Recommend
    Approves of CEO

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

    Pros

    Listen up losers. If you are reading this, it is not for you. If you have to go look for reviews for a job, this is not for you. Below is an actual email from our fearless leader regarding expectations for new agents:

    Good Morning,

    As mentioned today, I have failed you! I have failed in either not explaining the expectations and/or not creating an environment to allow you to succeed. That is my bad. However, I will not allow anyone to fail again because of me!

    I wanted to put in writing the commitment that I and the firm have made to you and hopefully you have made to your success. For those that were not in attendance you will be under the same expectations as described below.

    As discussed in our Meeting today (all those receiving this email) will be under the same expectations during the next 14 weeks:

    Average of 250/week
    50+ hours per week focused on work (to achieve this it is expected that you are in your office/cube early and working late)
    Don’t show up after the Regional Manager nor leave before
    10 proposals
    Secure 2 listings

    During any week if you are not showing your commitment to succeed you should either move on or I will ask you to move on.

    IMPORTANT: I would invite those that do not feel they can achieve these minimum expectations to be courageous enough to make a decision and move on. For those that do not have that courage, you will be asked to leave. In addition to being encouraged and supported you will be assessed each week and any individual who has not met the minimum expectations, will be asked to leave. We are only as strong as our weakest link! We are a team and if anyone does not achieve these goals, it lets the whole team down and frustrates the mission. We will not carry dead weight!

    Consider yourself warned!

    Cons

    No females in the office, mostly male.

    Advice to Management

    Nothing, keep it up. You figured out how to line the pockets for management and senior agents while having a revolving door for new agents to make cold calls for us. Thank you! I no longer have to make cold calls but just pick up young fresh out of college juniors to do it for me while taking half their fee. Then when they get burned out and leave, I get to keep their database and leads that they generate. What a great system!


  2. "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

    Pros

    Reputable company with great technology.

    Cons

    Not much support for new agents

    Advice to Management

    none

  3. "Can't Speak for Entire Company"

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

    I worked at Marcus & Millichap full-time

    Pros

    Nice brokers and various staff members

    Cons

    Can't speak for the entire company but departmental wise there is limited diversity, and unreasonable work expectation.


  4. "Marketing Coordinator"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Marketing Coordinator in Chicago, IL
    Current Employee - Marketing Coordinator in Chicago, IL

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

    Pros

    Flexible Hours, Friendly People, Community Involvement

    Cons

    No room for advancement. If you want to advance your career, you'll hav eto become a broker.

    Advice to Management

    Marketing Coordinators should be given company benefits, stock options, or additional room for career growth


  5. "Marketing Communications Specialist"

    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

    Pros

    Talented colleagues. Beautiful and comfortable work environment.

    Cons

    The salaries could be higher.


  6. "Good company but commission only"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in New York, NY
    Current Employee - Associate in New York, NY
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    Good work culture and nice people

    Cons

    they inflate potential earning income, not much diversity

    Advice to Management

    they are really nice keep doing what you are doing


  7. "Good work environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Easy to talk to higher up staff. Simple interview process.

    Cons

    Did not learn as much as I’d hoped.

  8. "Marketing Coordinator"

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

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

    Pros

    Awesome professional environment that encourages growth

    Cons

    Very fast paced business

    Advice to Management

    keep doing you


  9. "Great opportunity!"

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

    I worked at Marcus & Millichap full-time

    Pros

    Challenging, industry leader, earn while you learn, great platform

    Cons

    cut throat, duration it takes to penetrate market


  10. "Investment analyst intern"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    positive energy, highly motivated and competitive workplace

    Cons

    lots of monotonous databasing, not much communication and collaboration between employees

    Advice to Management

    put greater effort into educating interns


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