Weichert Family of Companies Reviews | Glassdoor

Weichert Family of Companies Reviews

Updated February 18, 2017
190 reviews

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Full-time Part-time

3.5
Star Star Star Star Star
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Jim Weichert
99 Ratings

190 Employee Reviews

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Pros
  • Great training programs both via Weichert University online course and in-house training (in 17 reviews)

  • It is an office in the process of building so they are always looking for new agents to bring in new clients (in 16 reviews)

Cons
  • The quality of the leads from the Weichert Lead network are not that great (in 10 reviews)

  • less than industry standard commission split (in 7 reviews)

More Pros and Cons

  1. "Excellent company with a great broker, beautiful office, and lots of opportunities to make money."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Associate Realtor in Saint Augustine, FL
    Current Employee - Sales Associate Realtor in Saint Augustine, FL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Weichert Family of Companies full-time (More than 5 years)

    Pros

    Lots of training and marketing tools to earn money.

    Cons

    Most money earned on commissions.

    Advice to Management

    Keep up the office meetings and boosting our team spirit!


  2. "Good company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Morris Plains, NJ
    Current Employee - Anonymous Employee in Morris Plains, NJ

    I have been working at Weichert Family of Companies full-time (More than a year)

    Pros

    Very informative, educational, teamwork, training is good

    Cons

    The salary is not competitive


  3. "Realtor"

    Star Star Star Star Star
    Current Employee - Realtor in Tampa, FL
    Current Employee - Realtor in Tampa, FL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Weichert Family of Companies full-time (More than 10 years)

    Pros

    Very professional , clean office, Good staff

    Cons

    None, none, none, none, none

    Advice to Management

    None


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  5. "Great environment"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relocation Specialist and Licensed Relator in New York, NY
    Current Employee - Relocation Specialist and Licensed Relator in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Weichert Family of Companies (More than a year)

    Pros

    Great office location and supportive manager

    Cons

    Sometimes things move slow in large organizations


  6. "Realtor"

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

    I worked at Weichert Family of Companies (More than a year)

    Pros

    Weichert has lots of training and strong market presence. There's a clear career path for agents wishing to step into a Management role.

    Cons

    Too much Management (Top & Middle Level), Too much restriction, Policies & Business model lends itself to the commodification of Agents, Commission Structure is outdated and takes to much money from Agents bottom line, Good Place to Learn but not to stay, if you negotiate a higher split and go on a 2yr addendum don't leave before your contract expires or you will be sued for anything over base commission (50% less 6% office fee). Technology is seriously lagging.

    Advice to Management

    The environment at Weichert is too corporate and does not cultivate the true essence of the independent contractor/Realtor. I understand the need for uniform approach to business, but at the same time the approach at Weichert is overbearing and often times can be interpreted as Boss to Employee environment. Management has been slow to keep up with the times and they are rooted in the old-fashioned way of doing business (too many examples to name). I was a Realtor there for two years and quickly realized that this company has some serious issues. In the offices in my region I noticed that there is a big disparity in terms of level of experience in the offices (lots of new agents, some old but no mid-level experience agents). There were practically hiring new agents everyday, with no emphasis on agents that worked 4 - 6 years in the business. I've come to understand that the Agents who has been around long enough to become aware of other options have left. The Weichert reputation among other Brokerages and Realtors is not so good. There's no quick fix to this issue, because this machine has been built overtime and you would have to completely revamp the image and business model (mainly management structure, their compensation and commission structure) to convince agents to stay there. I've been gone for a few months and I'm much happier. I definitely would not come back at this point. I liked the people I worked with, but I wouldn't think twice about coming back.


  7. "Assistant"

    Star Star Star Star Star
    Current Employee - Anonymous Employee in Sparta, NJ
    Current Employee - Anonymous Employee in Sparta, NJ

    I have been working at Weichert Family of Companies full-time (More than 10 years)

    Pros

    People are great to work with. Near a lot of shopping. Management really cares about it's employees.

    Cons

    Pay is not the best. Limited opportunity for advancement.Hire unprofessional people. Office is dirty.


  8. Helpful (1)

    "Great place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Realtor in Morris, NJ
    Current Employee - Realtor in Morris, NJ

    I have been working at Weichert Family of Companies full-time (More than 10 years)

    Pros

    Great training programs both via Weichert University online course and in-house training. Company does all the advertising on their dime. Good mentor-ship program at the company. If self motivated great place to work. Really a good place to build your career as a real estate agent. Overall a great experience for agents.

    Cons

    The split on commissions is less compared to most other brokers. Desk time is compulsory and are not paid for it. The insurance paid by agents is very high in comparison to other places.

    Advice to Management

    Take care of agent needs and device a better system to handle public inquiries. Have a permanent dedicated employee to handle the phone desk rather than it being forced upon agents.


  9. "Agent"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Real Estate Agent in Morris Plains, NJ
    Current Employee - Real Estate Agent in Morris Plains, NJ
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great Part time job. Love the people I work with. Not cut throat as one would think. Most people are very friendly and helpful.

    Cons

    Must love people and be in a position to be able to work without getting paid.
    Good for a 2nd job.

    Advice to Management

    Lots of statics with numbers. Always pushing for numbers. Probably a waste of time, could be spent doing something different. Numbers being used are not always real.


  10. "Inside Sale Coordinator"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Inside Sales Coordinator in Morris Plains, NJ
    Former Employee - Inside Sales Coordinator in Morris Plains, NJ

    I worked at Weichert Family of Companies full-time (More than 3 years)

    Pros

    A great place to work with great people to work with.

    Cons

    Management makes the company very stagnant where innovation can not occur

    Advice to Management

    Promote new ideas in order for the company to grow.


  11. "Real Estate Sales"

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

    I worked at Weichert Family of Companies (More than 5 years)

    Pros

    I liked Working for Weichert - Very Good Company

    Cons

    I did not see any issues with Weichert



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