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    Marcus & Millichap Reviews

    Updated May 22, 2018
    399 reviews

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    Full-timePart-time
    3.6
    StarStarStarStarStar
    Rating TrendsRating Trends
    Recommend to a friend
    Approve of CEO
    Marcus & Millichap CEO Hessam Nadji
    Hessam Nadji
    67 Ratings

    399 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 (2)

      "Analyst"

      StarStarStarStarStar
      Current Employee - Anonymous Employee
      Current Employee - Anonymous Employee
      Recommends
      Approves of CEO

      I have been working at Marcus & Millichap full-time

      Pros

      I love the fact that Marcus & Millichap provides access to the best resources and software available in the CMRE world.

      Cons

      Working in an office of one of the largest brokerages firms in the country is not for everybody.

      Advice to Management

      My biggest advice, which could be considered to be difficult to fix due to the industry itself. My advice is to focus on reducing the turnover rate.

    2. "Associate"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Associate in Fort Lauderdale, FL
      Current Employee - Associate in Fort Lauderdale, FL
      Doesn't Recommend
      Neutral Outlook
      Approves of CEO

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

      Pros

      Teach you about every aspect of the CRE business
      Unlimited earning potential
      Top level technology

      Cons

      Only make what you sell
      Internal system is not cooperative as they make it out to be
      Very little support out of your team
      Little room for advancement

      Advice to Management

      Make sure younger agents are added to teams that are already successful so they can be put in a position to succeed.

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

    3. "Associate Broker"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Anonymous Employee
      Former Employee - Anonymous Employee

      I worked at Marcus & Millichap full-time

      Pros

      Great training and team environment

      Cons

      Full commission just like any other brokerage firm and lots of cold calling

    4. "Associate"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Anonymous Employee
      Former Employee - Anonymous Employee
      Recommends
      Neutral Outlook
      Approves of CEO

      I worked at Marcus & Millichap full-time

      Pros

      Competitive and supportive atmosphere. Good place to learn about the industry and training sessions prepare you with the tools necessary to succeed. You make your own schedule.

      Cons

      No salary, commission based only for agents. You have to subsidize your own travel expense.

      Advice to Management

      Help subsidize travel for new associates as they learn the market since one of the fundamentals in your teaching is for them to get out and meet all of the owners in their target market and product.

    5. "WTH"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Had III Job Titles In I Month
      Former Employee - Had III Job Titles In I Month
      Doesn't Recommend
      Positive Outlook
      Approves of CEO

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

      Pros

      Great Software, good company name, lots of miserable hard working people

      Cons

      Conflicting management style, use you for gap hiring, c-level gets no respect from team leaders

    6. "It's a roller coaster"

      StarStarStarStarStar
      Current Employee - Anonymous Employee
      Current Employee - Anonymous Employee

      I have been working at Marcus & Millichap full-time

      Pros

      Unlimited income potential
      opportunity to build your own business

      Cons

      little structure
      you're heavily dependent on your senior, who may or may not be invested in your developments & success

      Advice to Management

      manage expectations about barriers to entry better

    7. "Avoid at all costs!"

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

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

      Pros

      Majority of the people are helpful and knowledgeable. Some facilities are decently serviceable. Management allows a few moments of respite during team building. Provided training is comprehensive but monotonous.

      Cons

      Horrible environment to work in, each day of the six months I worked there I dreaded stepping into their office and resuming a tedious grind of cold-calling, databasing, and conference meetings ad nauseam. Don’t get me wrong there are tons of friendly, cooperative, and intelligent people within the firm but the fiercely competitive office practice which borders on toxicity and stringent management which closely monitors your every progress creates a constant vibe of tension. Benefits nonexistent and outdated computer systems. Look elsewhere, promising pay is only tangible to a select few that are committed to the sweatshop run by exploitative senior agents.

      Advice to Management

      If you want to maintain a robust operational team acknowledge the influx of turnarounds and stem the financial losses that come with underutilized training/on-boarding. Company pay is on the lowest spectrum in the industry, start by matching the rate of your direct competitors. Restructure business ideology and practices, set up boundaries for the brokers that may impugn, belittle, or otherwise sap the positivity from middlemen and women.

    8. "Investment Associate"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Former Employee - Anonymous Employee
      Former Employee - Anonymous Employee
      Recommends
      Neutral Outlook
      No opinion of CEO

      I worked at Marcus & Millichap full-time

      Pros

      Great way to get started in the industry

      Cons

      Insane work metrics that hinder your ability to focus on the clients

    9. "Happy Salesperson"

      StarStarStarStarStar
      • Work/Life Balance
      • Culture & Values
      • Career Opportunities
      • Comp & Benefits
      • Senior Management
      Current Employee - Investment Sales in Washington, DC
      Current Employee - Investment Sales in Washington, DC
      Recommends
      Positive Outlook
      No opinion of CEO

      I have been working at Marcus & Millichap full-time

      Pros

      hard work pays off well

      Cons

      lack of stability can be scary

      Advice to Management

      keep up the training

    10. Helpful (1)

      "fave job ever"

      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

      i love it so much.

      Cons

      staff tend to come and go quickly. not always super stable

    Showing 399 of 446 reviews
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