Marcus & Millichap Reviews

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.

Cons

company needs to offer more fitness activities

Cons

There is no pay, it will take you at least a year to get going

Cons

Inter-office competition - only work with your designated team
Weird office dynamic
Job will vary by team

Cons

horrible commission splits if you join a team

Cons

Greedy unethical management. Even by 100% commission standards, this place makes it tougher than most, since they establish no territories and someone in CA can be calling on your clients in NJ trying to steal them. I had another MM office make an unsolicited offer to our client the day they knew we were signing a listing agreement, trying to scam us out of a listing. Bait and switch recruiting practices. Juvenile alpha male wannabe environment - totally darwinian. Don't believe anything they tell you in recruitment. Unless you are driven and greedy and willing to do just about anything to make money, this is probably not for you. Don't expect anyone to look out for you - dog eat dog is a good day. Hands in your pocket everywhere you turn. Very outdated prospecting methods - downright 70's in outlook and approach. They think they are the vanguard of tech development but they have workshops on how to use your financial calculator to make money -- for real !! Totally dependent on the boiler room cold calling model. One size fits all. If you are a typical frat boy right out of school and have the desire to crush the competition, run over your grandma to make a buck - this is the place for you. But don't forget one thing - whatever you produce, your team leader will be siphoning off a good portion of what the mothership doesn't claim.

Cons

Tough to get started and 100% commission based pay

Cons

Very little management and poor leadership at times.

Cons

M&M is known in the industry for under paying their staff, not supporting them when they should and just being a total “chop shop”.

Cons

Turnover is high. Terrible managers. No training program to teach managers how to manage or lead, outdated processes, old school boys club, exec leaders don't care about employees. Low morale.