Marcus & Millichap Reviews | Glassdoor

Marcus & Millichap Reviews

Updated November 16, 2017
373 reviews

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3.3
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Marcus & Millichap CEO Hessam Nadji
Hessam Nadji
49 Ratings

373 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 (5)

    "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. "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

  3. "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.


  4. "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.


  5. "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


  6. "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


  7. "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

  8. "Broker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Broker in Los Angeles, CA
    Current Employee - Broker in Los Angeles, CA
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Lots of upside in income potential

    Cons

    Over saturated in certain locations

    Advice to Management

    Try to keep brokers working different areas to avoid overkilling owners in popular neighborhoods


  9. "Pros and Cons"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Financial Analyst in Chicago, IL
    Current Employee - Senior Financial Analyst in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    People are generally cool and understanding. Imperative you work with a good team, as success is difficult to come by otherwise

    Cons

    Very little senior help. Must figure out much on your own, which can be very difficult in certain sectors.

    Advice to Management

    Make it less of a chop shop. People always joining on their own and leaving after less than a month can make for a very weird office dynamic


  10. Helpful (1)

    "Administrative Assistant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Marcus & Millichap full-time

    Pros

    Great insight into the commercial real estate field.

    Cons

    Boys club. Company has an old school attitude. Either you can hack it in their world or get out kind of attitude.


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