Situs Reviews in Houston, TX | Glassdoor

Situs Houston Reviews

Updated January 24, 2017
38 reviews

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Houston, TX Area

2.6
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Steve Powel
9 Ratings

38 Employee Reviews

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Pros
  • A lot of work, but you learn a lot (in 7 reviews)

  • It is a good place to get your foot in the door for Commercial Real Estate (in 4 reviews)

Cons
  • Work/Life Balance is out of whack due to some employees not having a life outside of work (in 6 reviews)

  • Senior management was incompetent (in 10 reviews)

More Pros and Cons

  1. Helpful (2)

    "Good for people who want to learn"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in Houston, TX
    Current Employee - Associate in Houston, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Situs (More than 3 years)

    Pros

    A lot of work, but you learn a lot
    This isn't a job for people who want to work 9-5 and work as little as possible. You will learn a lot about commercial real estate, as the amount of work almost requires you too.

    Cons

    Workload can get overwhelming

    Advice to Management

    People that want to work hard will have numerous opportunities available for them.


  2. "Employee"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Employee in Houston, TX
    Former Employee - Employee in Houston, TX
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Great people to work with

    Cons

    Prepare to become a statue at work - as you never get to leave your desk. Long hours, no bonus.

    Advice to Management

    Listen to your employees, it's that simple.


  3. Helpful (3)

    "Worst mistake of my life"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Houston, TX
    Current Employee - Analyst in Houston, TX
    Doesn't Recommend
    Negative Outlook

    I have been working at Situs full-time

    Pros

    You at least get a paycheck on time

    Cons

    Constant backstabbing, gossiping from management about employees, no training, terrible place to start a career. And stop having current employees write good reviewed to boost your ratings on here.

    Advice to Management

    Stop gossiping about employees openly, offer more training opportunities, and quit with the backstabbing/covering your end for mistakes. Management needs to change with the times. Not a company that's great for millenials to work because management is unwilling to adapt.


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  5. Helpful (3)

    "Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst in Houston, TX
    Former Employee - Analyst in Houston, TX
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Situs full-time (Less than a year)

    Pros

    A pay check.
    Team members were hard working. (They had to be.)

    Cons

    Senior management was incompetent.
    Backstabbing among fellow employees and especially at the director level.
    It is THE worst place I have ever worked.
    Long hours.
    No instruction.
    Sweat shop.
    Because the company takes service overflow deals and bids at lowest level to competitors, there was tremendous pressure by management to never over bill hours worked. I knew several employees who under marked hours completed on jobs because of this. Talk about an ethical conundrum.

    Don't work here. Unemployment is better for your mental health.

    Advice to Management

    Why bother. They won't listen.


  6. Helpful (2)

    "IT Support"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT Support Specialist in Cypress, TX
    Former Employee - IT Support Specialist in Cypress, TX
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Situs (More than 3 years)

    Pros

    You get paid on time.

    Cons

    Overworked. The atmosphere is horrible.


  7. Helpful (2)

    "Meh"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Office Services Specialist in Houston, TX
    Former Employee - Office Services Specialist in Houston, TX
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at Situs full-time (More than a year)

    Pros

    I accidentally fell into the job. The people were by and large pretty cool, the location was always nice, and the fringe perks were neat.

    Cons

    I didn't work in the core business so I can't speak to that but—absolute lack of faith and loyalty from the top to the bottom, a complete refusal to pay people's worth, and a persistent malaise that got worse every time management squeezed more value out of the employees.

    Advice to Management

    Who watched the Futurama episode with 80's business man and thought that was a guy they needed?


  8. "Management for over 5 years."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Houston, TX
    Current Employee - Anonymous Employee in Houston, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Situs full-time

    Pros

    Leadership is ambitious about growing all practice areas, and is well capitalized to do so. The company is respected by its clients and, for the most part, has extremely knowledgeable management and some staff. Good in-house training is offered.

    Cons

    Generally, staff is paid below market wages, however, this can be attributed to some of the work being form oriented compliance tasks that don't require a high level of skill. The company is trying to move to more value added services, which will necessitate hiring better staff or increasing training.

    Advice to Management

    The firm needs to overcome its deserved reputation of paying staff below market wages. It also needs to follow through on its stated course to upscale its services.


  9. Helpful (8)

    "The Gilded work place"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Houston, TX
    Former Employee - Anonymous Employee in Houston, TX
    Doesn't Recommend
    Negative Outlook

    I worked at Situs full-time (More than 3 years)

    Pros

    There were surprisingly some pros working here for a while. I started right after the first major layoff/transition before the company moved into the Galleria office. I was able to participate in several aspects of my field unlike other places that would have been siloed into specialties. At the time the old CEO was proactive and listened to all the departments concerns and addressed them accordingly. The company was becoming more secure & technologically advanced, the new Galleria office was very nice, free snacks were a nice perk, common courtesy was a trait, and it was all around a good place to work. This all changed except for the nice office and free snacks however, leaving just a skin deep appearance of a nice workplace.

    Cons

    I have never worked for a more sexist and racist company in my life, It's sad to say but it is actually sickening how backwards the management is here. The new CEO is a waste of space, and the other guy up there says cringe worthy things when he thinks no one is listening (especially if you are an attractive woman). Everyone makes the office services guy (Ugandan) do everything under the sun from picking up mail to cleaning up the restrooms to answering phones as a receptionist and can't even pay him a decent wage. Better yet is that when his team member quit they refused to hire another person to help him so he literally has to do everything for the Houston Office by himself. That's just one exploitation, on one occasion one of the legal department's employees equipment was moved from her office to a cube while she was on vacation, when she got back she had no idea what was going on and was then informed she had been demoted. Stuff like this became the norm, the trend seemed to be to let the seasoned/experienced employees that have been there for years go and replace them with cheaper and in most cases less knowledgeable members. For instance, they fired our CIO who kept his team running like a well oiled machine, aced all the audits, kept the network up time to 99%, but unfortunately happened to be a young black guy. Coincidence? Maybe, but before they fired him, they demoted him to IT director and hired the new CIO who was previously an accountant. On his first day he didn't know how to re-orient his screens in windows, he didn't know how group policy worked, wanted to convert our whole company to office 64bit (if you are remotely IT you will know how foolish that is),and legitimately considered placing a portable ac unit (like the ones at Walmart) to cool our servers because a proper ac unit was "too expensive". This is what is left at Situs, a bunch of people who don't know how things work running their teams into the ground. Before leaving this company people were quitting left and right and even more were being let go, the best part is the blame is always on the team members and not on the guys seeming to deliberately tell them to do the wrong thing.

    PS: The parking is really fun during the holidays, especially when the security guards leave the gates up so the mall parking can overflow into the employee parking making the 30 minute garage trip even more enjoyable.

    Advice to Management

    Get rid of the new CEO, treat the people who have given years to the company with more respect, don't tell employees that raises aren't going to be great because the bonuses are going to be amazing then deliver 50% less than the previous year, and if you are going to generate 4 and 5 star reviews that everyone can tell are fake at least attempt to be creative.


  10. Helpful (5)

    "Culture Concerns and Growing Pains"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director in Houston, TX
    Former Employee - Director in Houston, TX
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    Pros

    Situs is in the banking and financial services industry and are not considered a primary lender. Their clients are banks and those clients' back office services were Situs' front office services. So, among many other things, they provided the loan servicing for banks. Situs is a very structure company so if you are a Type A personality you'll fit in well there. Hours are long but the work is good.

    Cons

    The corporate culture has changed significantly from 2011 when it was sold to Ranieri Partners. They in turn sold it to a private investment firm in March of 2015. Prior to 2011, the culture was much more family oriented but over the past 6 years that culture has changed to much more cut-throat corporate "watch your back" atmosphere. If you're Type A, this might work well for you.

    Advice to Management

    Chasing dollars is business but don't forget the human side of things. Happy employees make for loyal employees who will be more proactive and productive. And this translates into stronger bottom lines. It's unclear if senior Situs management has ever understood this.


  11. Helpful (8)

    "Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Analyst in Houston, TX
    Former Employee - Financial Analyst in Houston, TX
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Nice office, free snacks and great benefits

    Cons

    Raises are horrible at merely one percent and no chance of advancement here. Awful location as its in the Galleria and hard to get in and out.

    Advice to Management

    Get rid of the new CEO.



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