TradeRev Reviews | Glassdoor

TradeRev Reviews

Updated Dec 11, 2019

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3.1
49%
Recommend to a Friend
56%
Approve of CEO
TradeRev President Mark Endras
Mark Endras
4 Ratings
Pros
Cons
  • "Some growing pains here and there as the company gets bigger but that's expected(in 10 reviews)

  • "Work / life balance is hard to manage and borderline nonexistant(in 7 reviews)

More Pros and Cons
  1. "Awesome company to work for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Sales and Marketing Coordinator 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at TradeRev full-time for less than a year

    Pros

    Awesome leadership team and pay plan

    Cons

    Working in all weather

    TradeRev2019-09-24
  2. Helpful (2)

    "Compare and research"

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

    I have been working at TradeRev full-time for more than a year

    Pros

    Only if you love dealing with automotive independent dealers, automotive industry as whole there is pros to be considered

    Cons

    It appears they want to make it right, but fierce competition combine with own inability to compete with and win is creating panic desperate situations resulting in constant course change leaving you with lot of confusion uncertainty about future. CEO just resigned and no one saw this coming

    Advice to Management

    Hire competent sales pros who sell on values and benefits not on price, and you will start winning without loosing your shirt

    TradeRev2019-11-14
  3. Helpful (2)

    "STAY FAR AWAY"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Senior Management
    Former Employee - TSE 
    Doesn't Recommend
    Negative Outlook

    I worked at TradeRev full-time for less than a year

    Pros

    Flexibility, meeting new people. Nothing that actually has to do with the company

    Cons

    TradeRev is a joke of a company. I have never seen such turnover within a single company. The “SLT” as they call themselves are far from leaders. There is absolutely no leadership in this company. Most of the DSM’s and RSD’s are a far cry away from being qualified for their positions. Going to TradeRev was the biggest mistake I have made so far in my career. I was happy to find something to be able to get out. The... app is terrible and when you walk into a dealership and says you’re with TradeRev they will literally laugh at you and tell you how much they dislike the product.

    Show More
    TradeRev2019-12-05
  4. Helpful (2)

    "Disorganized at best"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Territory Sales Executive in Reno, NV
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at TradeRev full-time for less than a year

    Pros

    Great pay and even better benefits!

    Cons

    Constant changes, unstable app, poor leadership, ZERO work/life balance.

    Advice to Management

    Focus on the largest issues at hand and work on fixing those issues versus trying to grow when you lack the infrastructure.

    TradeRev2019-12-04
  5. Helpful (2)

    "Had a good manager then he quit"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Sales 
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at TradeRev full-time for more than a year

    Pros

    Have awesome technology and more coming

    Cons

    Have bad management Wrong people in those positions

    TradeRev2019-10-09
  6. Helpful (3)

    "Sinking ship and SLT team steering it into an iceberg"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - MSC in Chicago, IL
    Negative Outlook
    Disapproves of CEO

    I have been working at TradeRev full-time for more than a year

    Pros

    Not many left at all.

    Cons

    Employee turnover is insane! Worse I have ever seen in a company. The app is garbage and the competition is blowing us away. It’s not innovative like the lead you to believe, it’s basically hand selling junk cars since a small portion of them actually sell through the app. Dealers will literally laugh in your face once you let them know your with traderev.

    Advice to Management

    Focus on the task at hand and have a product people want to use, not a bad product you have to give away for free. Or bribe customers to use with free food, events etc. The SLT team needs to removed and cleaned up.

    TradeRev2019-10-22
  7. Helpful (5)

    "Beware, I would NOT recommend!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Territory Sales Executive in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at TradeRev full-time for more than a year

    Pros

    TradeRev is in a good space. A space that's only going to grow going forward and they have the strategic partnerships under the KAR Auction Services umbrella that sets them apart from others within the online auction space.

    Cons

    Unfortunately, TradeRev doesn't have the proper personnel or processes in place to maximize their true potential within the online auction space at this time. Their foundation is systemically flawed from an operational perspective, their application/technology could be more user friendly and their marketing department's ability to communicate with their prospects and customers is non-existent. It's ironic that... TradeRev considers itself a technology company, however, I've never worked for a more manual, labor intensive and redundant sales division. Not only is their sales division held back by their lack of automation but also the lack of accountability within their leadership, support, product and marketing departments. TradeRev has conditioned their burnt-out buyer base to buy cars over a 4-8 hour period which leads to long work days for most sales personnel. They do not practice what they preach with regards to work/life balance and they're heavily reliant on transportation promos and buy fee credits to sustain their underperforming results of late. If TradeRev turns it around and you have the time, patience and supplemental income there could be some upward mobility for you.

    Show More

    Advice to Management

    Paying competitive wages will help you secure the talent needed to achieve your goals. Accountability is easier said than done in addition to stating your belief in a work life balance philosophy.

    TradeRev2019-09-04
  8. "Excellent company to work for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - TSE in Tulsa, OK
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at TradeRev full-time for less than a year

    Pros

    Progressive and fun while also challenging

    Cons

    A little too hung up on their statistics

    Advice to Management

    Take new and struggling markets out of the conversion equation until the mkt is successful. Markets are unique and vary.

    TradeRev2019-08-17
  9. "Great Company Great Culture!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Inside Sales Representative in Indianapolis, IN
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at TradeRev full-time for less than a year

    Pros

    Great people to work with, management staff is considerate and open to listen. TradeRev takes care of their employees!

    Cons

    TradeRev works with employees to help eliminate cons...

    Advice to Management

    Keep moving forward with great ideas!

    TradeRev2019-08-15
  10. "Awesome company!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Territory Sales Executive in Phoenix, AZ
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at TradeRev full-time for less than a year

    Pros

    Culture and people are great!

    Cons

    Lots of change always happening.

    TradeRev2019-08-06
Found 91 reviews