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    Marcus & Millichap Reviews

    Updated August 17, 2018
    414 reviews

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

    414 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 12 reviews)

    • "No benefits and very low salary" (in 17 reviews)

    More Pros and Cons
    1. Featured Review

      Helpful (2)

      "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. "Investment Sales Associate"

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

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

      Pros

      Great company, culture, leadership, technology. and the best training in the CRE industry!
      Class A office and amenities in Saddle Brook NJ.
      ____
      Excellent leadership, support staff and collaborative work environment at the New Jersey office.

      Ability to build your business within the framework of a well structured and supportive environment.

      Senior and junior agents willing and encouraged to help and guide new agents. This is done through their ‘agent candidate’ - Senior Broker interview process. Where the branch manager gives new agents a map of Sr agents to speak with and see if they may be a fit to join their team, or simply to give them guidance.

      Unlike the typical ‘jump in, sink or swim’, M&M has the best training program in the industry through a systematic approach. (I researched this and know brokers at many of the other major brokerages, and don’t have anything like it).

      Coming in with years of experience and knowlege in a real estate related business along with having prior relationships , as well as a known name with credentials to real estate owners, would add a huge value and help propel business a lot quicker.

      Cons

      Survival of the fittest - like all brokerage firms.

      If you’re just starting out in business, be prepared to work diligently, and not make any money for 12-18 months.

      No salary - “Eat what you kill”

      Advice to Management

      Keep up the great work! Continue the excellent support, guidance, and advancement of supportive tools and training, while enabling agents to successfully build and grow their business.

      3. Join the Marcus & Millichap team
      See Our Latest Jobs

    3. "Be Ready"

      StarStarStarStarStar
      Former Employee - Anonymous Employee in Calabasas, CA
      Former Employee - Anonymous Employee in Calabasas, CA

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

      Pros

      this place is great if you're a great fit. unfortunately there is no real way to tell if you have what it takes unless you spend significant time cold calling. Then you find out if you'll make or break.

      Cons

      no benefits. no hourly. can feel like you're working towards nothing.

      Advice to Management

      hourly wage. if you go over your annual salary in commission, you keep that. treat the foot soldiers in your business better. They deserve it.

    4. "Associate Broker"

      StarStarStarStarStar
      Former Employee - Anonymous Employee
      Former Employee - Anonymous Employee
      Doesn't Recommend
      Negative Outlook
      Approves of CEO

      I worked at Marcus & Millichap full-time

      Pros

      they offer extensive training and they provide you with a mentor

      Cons

      100% commission depending on the team you pick. you have to buy everything you'd need at your desk (computer, keyboards, mouse, pens, paper, etc.) you also start to feel like just a number with amount of turnover in firm. a lot of internal competition as well as external.

    5. "Investment Sales"

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

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

      Pros

      Great work environment.. similar to wolf of wall street.

      Cons

      Bad if you're not a self starter

      Advice to Management

      Keep Going

    6. "Marketing Coordinator"

      StarStarStarStarStar
      Current Employee - Anonymous Employee
      Current Employee - Anonymous Employee

      I have been working at Marcus & Millichap full-time

      Pros

      Friendly & helpful staff members.

      Cons

      Little to no room for growth.

    7. "commercial sales"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Anonymous Employee in Calabasas, CA
      Former Employee - Anonymous Employee in Calabasas, CA
      Doesn't Recommend
      Negative Outlook
      Approves of CEO

      I worked at Marcus & Millichap full-time (More than 10 years)

      Pros

      national firm in most states

      Cons

      too competitive and they dont respect your position

    8. "It’s obvious why Marcus and Millichap is known as being bottom of the barrel."

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Marketing Coordinator in Chicago, IL
      Former Employee - Marketing Coordinator in Chicago, IL
      Doesn't Recommend
      Positive Outlook
      Approves of CEO

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

      Pros

      Flexible with time and hours. You put in the work you want to get out.

      Cons

      Management doesn’t care about employees and HR is very inappropriate discussing confidential information with other employees.
      No benefits and very low salary

    9. "Challenging work environment, but you will get a lot out of it"

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

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

      Pros

      World class training
      Great mentorship
      Put you on track to do well, if you want it

      Cons

      A lot of micromanaging
      Need to get over stage freight quickly because there are a lot of presentations--if you are the shy type, you'll struggle in this environment
      Demanding cold call, meeting, and listing requirements (Good and bad)

    10. Helpful (1)

      "Associate"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Associate
      Former Employee - Associate
      Doesn't Recommend
      Negative Outlook

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

      Pros

      Coworkers are cool for the most part

      Cons

      You will work over 50 hour weeks and get no pay at all...

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