Marcus & Millichap Reviews | Glassdoor

Marcus & Millichap Reviews

Updated August 17, 2018
414 reviews

Filter

Filter

Full-timePart-time

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

Sort: PopularRatingDate

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. "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...


Showing 414 of 464 reviews
Reset Filters