Marcus & Millichap Reviews | Glassdoor

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Marcus & Millichap Reviews

Updated February 20, 2018
384 reviews

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3.5
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Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
Marcus & Millichap CEO Hessam Nadji
Hessam Nadji
57 Ratings

384 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. "Former Employee"

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

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

    Pros

    Terrific Training! First Class firm

    Cons

    It is a tough business to break into

    Advice to Management

    Keep up the good work


  2. "Great Start for New Careers"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Analyst in Tampa, FL
    Current Employee - Financial Analyst in Tampa, FL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    M&M has major room for upward mobility within the firm. There is many different career paths in which you can discover.

    Cons

    They take a high percentage of commissions from agents sales. It is hard for new agents to stay a float if they are not financially stable before hand.

    Advice to Management

    Need to find a way to help out the new agents going through the SIP program so they can become financially stable

  3. "investment sales intern"

    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 part-time

    Pros

    Ambitious employee culture that promotes and motivates entrepreneurial mindsets.

    Cons

    I have nothing bad to say.


  4. "Great"

    StarStarStarStarStar
    Current Employee - Intern in Miami, FL
    Current Employee - Intern in Miami, FL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great atmosphere and challenging tasks are handed daily

    Cons

    There are no cons for this job


  5. "Pros Cons"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Entrepreneurial mentality, combined with harwork

    Cons

    Start off with little to no footing


  6. "Assistant"

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

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

    Pros

    Great place to work at all. The people are nice and willing to help you get where you want in the industry.

    Cons

    Might be a difficult job if you aren't able to wear different hats for this positions.


  7. "Sales Associate"

    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

    Incredible hands on training, flexible hours, unlimited vacation days and no cap on commissions

    Cons

    cold calling and commission only environment

    Advice to Management

    None

  8. "Marketing Coordinator"

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

    I worked at Marcus & Millichap full-time (More than 5 years)

    Pros

    It’s a great place to be a commissioned employee.

    Cons

    It’s a terrible place to be a salaried employee.

    Advice to Management

    Provide a quieter, less chaotic office setting. In the five years I worked for Marcus & Millichap, there was never a time that I wasn’t hearing at least two nearby conversations that were completely unrelated to my team’s business.

    Provide better education and advancement opportunities for administrative staff, and standardize salaries, benefits and procedures across teams.

    Recognize that administrative staff do not enjoy the same long-term benefits as commissioned agents. Reflect this in your benefits and time off policies. Failing that, mandate overtime compensation for non-commissioned employees.

    Do not allow individual agents to skirt labor laws by employing administrative staff through their own LLC.


  9. "Associate"

    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 part-time (Less than a year)

    Pros

    Nice working environment. National presence. Nitch apartment business.

    Cons

    Self motivating. Not many leads. Less resources than larger firms.


  10. "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.


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