ZipRealty Reviews | Glassdoor

ZipRealty Reviews

Updated October 30, 2017
110 reviews

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3.5
StarStarStarStarStar
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Approve of CEO
ZipRealty President, CEO, and Director Charles C. (Lanny) Baker
Charles C. (Lanny) Baker
47 Ratings

110 Employee Reviews

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Pros
  • Lots of leads are generated for agents because of the website (in 4 reviews)

  • Working with ZipRealty would make sense for new agents to gain some experience (in 6 reviews)

Cons
  • Low commission splits for agents (supposed to be an offset of the quality leads promised) (in 12 reviews)

  • High turnover of agents so a majority of the leads assigned aren't fresh quality leads (in 5 reviews)

More Pros and Cons

  1. "ZipRealty Is A Fantastic Place To Work!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - District Broker in Las Vegas, NV
    Current Employee - District Broker in Las Vegas, NV
    Recommends
    Positive Outlook

    I have been working at ZipRealty full-time (Less than a year)

    Pros

    The Las Vegas office location is a few blocks west of Las Vegas Boulevard, directly overlooking the airport, where you can view many different kinds of planes take off and land all day long, while you are working. Which is a fun and a rare opportunity! The view also includes the entire Las Vegas Strip and Downtown. Guests love the view! ZipRealty offers workspace in an open atmosphere for sales agents to work on their business and collaborate with others. They can spend time behind glass doors prospecting for new business and meet with their clients in a private office as well. The agents are super friendly, productive, and motivated to be Top Sales Professionals with the highest ethical standards. Agents excel with the use of ZAP, ZipRealty’s proprietary CRM and technology, from the date they start receiving leads and working with the platform.

    Cons

    I don't really have anything negative to say.

    Advice to Management

    None


  2. "LEADS GALORE! NO OFFICE, COPY OR BAC FEES! FAIR COMMISSION SPLIT!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Realtor in Las Vegas, NV
    Current Employee - Realtor in Las Vegas, NV
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at ZipRealty full-time (Less than a year)

    Pros

    -No office, copy or BAC fees;
    -Small intimate office setting;
    -Non competitive, stress free, friendly environment;
    -Tons of Buyer and Seller Leads, personally producing 1 sale per week;
    -Vast online presence for Sellers;
    -Management is Top Notch and responds immediately to Agents' needs; and
    -Management is very involved in Agents' success, i.e., one on one meetings.

    Cons

    -Platform is structured for an experienced, well knowledged Agent; and
    -Document uploads are cumbersome.

    Advice to Management

    -Establish better recruitment strategies-Great Company not being marketed
      well!

  3. "Awful Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Real Estate Agent in Denver, CO
    Former Employee - Real Estate Agent in Denver, CO
    Recommends
    Negative Outlook
    Disapproves of CEO

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

    Pros

    None.Truly there was not one.

    Cons

    No "management" for a year. Leads are awful,waste of time and effort trying to convert them. New "manager" finally hired who has no experience in RE. First email from this guy he basically wrote me off and was not encouraging in any way. I do not have faith in anyone showing me how to better convert leads when they have never did my job for a single day. Commission splits are ridiculous. I was lied to about that when I first signed on. Had to fight to get what was actually told to me. Was told we would discuss later....they have yet to talk to me concerning that. Its a joke. They do nothing for you,yet take over half your money. STAY FAR FAR away from this company!


  4. "Realtor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Las Vegas, NV
    Current Employee - Anonymous Employee in Las Vegas, NV
    Recommends
    Positive Outlook

    I have been working at ZipRealty full-time

    Pros

    -Lot of leads....not all fresh.
    -Excellent platform to work with.
    -Supportive environment.
    -Excellent opportunity for beginners.
    -Good training and access to education.
    -Excellent business coaching.
    -Wide presence online.
    -Company resources give Agents an advantage in serving customer better than competition.

    Cons

    -Commission splits.
    -No benefits such as dental, medical or 401k.
    -Lot of hours to produce closed deals.

    Advice to Management

    -Better screening of leads.
    -Do in house courses for credits
    -Office location should be closer to downtown.


  5. "ZipRealty Team Las Vegas"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Real Estate Professional in Las Vegas, NV
    Current Employee - Real Estate Professional in Las Vegas, NV
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at ZipRealty full-time (Less than a year)

    Pros

    Excellent company to work for. They give you the right tools to perform your job to build your business. the company gives you the leads to build your business. You make money, they make money!

    Cons

    Balance of work vs family time

    Advice to Management

    New Management is in place to get to the next level. Need more agents to handle the thousand of leads coming in.


  6. "Great Company!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Broker Salesperson in Las Vegas, NV
    Current Employee - Broker Salesperson in Las Vegas, NV
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at ZipRealty full-time (More than a year)

    Pros

    Leads, Coaching and mentoring are just a part of the benefits of being a Zip Realty agent. This is an online brokerage with top notch technology platforms that help you stay organized.

    Cons

    The previous managemnet has lacked stability, but the current management in place is fantastic and supportive to all the agents.


  7. "Great for someone who is new to real estate & values getting experience instead of pay."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Realtor in Phoenix, AZ
    Former Employee - Realtor in Phoenix, AZ
    Negative Outlook
    No opinion of CEO

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

    Pros

    Leads provided
    Great for someone who is new to real estate and wants experience instead of higher pay.

    Cons

    Extremely low commission split
    No base but they still require you to show up to office regularly for meetings or other things.
    Not for experienced realtors
    The cost of getting a deal done sometimes out weights what you get paid for the deal.

  8. "Need better commission splits after lead gen charge"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook

    I worked at ZipRealty full-time

    Pros

    Lots of leads to work with.... platform maintenance is key... Great client experience with website... helpful & supportive environment

    Cons

    Lower commissions because of the percentage Zip Realty gets for lead generation... need better splits after the fee charged for the leads

    Advice to Management

    Commission split starts at 50:50 after Zip gets its cut for lead gen. A lot of brokers give better commission splits. Since there already is the 30% charge for the lead, they could afford to start with a more generous commission split.


  9. "Decent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Realtor in West Covina, CA
    Former Employee - Realtor in West Covina, CA
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Lots of Leads.

    Cons

    No employment benefits, such as health, dental, 401K.


  10. "Agent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Agent in Las Vegas, NV
    Current Employee - Agent in Las Vegas, NV
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at ZipRealty full-time (Less than a year)

    Pros

    It is amazing! Leads, Leads, Leads, not all are good but can close 2 or more a month. The CRM is unbelievable! Best I have ever worked! The staff is awesome!

    Cons

    The split could be more, however, in the long run, I am making more money here because I am closing more here. Less is MORE!

    Advice to Management

    Keep up the good work! Things are so much better, now!


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