Glassdoor is your free inside look at New Western reviews and ratings — including employee satisfaction and approval rating for New Western CEO Andrew Welker. All reviews posted anonymously by New Western employees.
1 person found this helpful
Current Employee – been working at New Western
Pros – You will learn how to sell and learn a lot about investing in real estate. There is a lot of turnover so you meet a ton of new people and you can move up quickly! The whole company gathers at the end of each quarter to listen to senior management tell everyone that greatness is on the horizon and that everyone is about to make a ton of money but those promises tend to fall short. Don’t get me wrong, there are some top performers that might make a few bucks but most of the employees are just under the impression that they are making decent money. If you stay focused on the learning aspect and pay little attention to all of the Hooplah you will be fine. Please don’t go spend your first few paychecks on a nice watch no matter how much pressure there is to do so.
Cons – I was with the company for years and was considered a senior associate/ top producer. The compensation is minimal (nowhere close to $250,000 as stated below) even for a senior associate. You can expect to make $15,000 - $25,000 while in sales and $30,000 - $70,000 in acquisitions depending on the branch and your talent level (very few have earned more). You will be responsible for all marketing and lead generation. 99% of your marketing will be putting bandit signs on the side of the road and taking phone calls. The bandit signs are illegal but the company will pay for your tickets ( most of the time). Be prepared to use a substantial amount of gasoline and put thousands of extra miles on your vehicle with no reimbursement from the company.
Advice to Senior Management – This website is for current and former employees to submitt an honest review of your company, so that job seekers can get an accurate picture of what they should expect. Please respect the integrity of the site by not posting anymore reviews from current senior mangement.
2012-02-13 14:42 PST
1 person found this helpful
Former Employee – worked at New Western
Pros – Lots of transactions create a lot of learning opportunities
Great people and fun environment
Easy to create own work schedule
Cons – The pay is really low for what they are asking the employees to do
The management constantly changes things
For a straight commission job there are too many requirements
Advice to Senior Management – The pay is really low for what they are asking the employees to do
The management constantly changes things
For a straight commission job there are too many requirements
No, I would not recommend this company to a friend
2011-08-24 07:43 PDT
1 person found this helpful
Former Employee – worked at New Western
Pros – young atmosphere, laid back, nice office
Cons – poor training... need a draw program, tired of putting up yellow signs, no reimbursements, poor ethics, overall i wouldnt invest or work there
Advice to Senior Management – train better
No, I would not recommend this company to a friend
2010-10-26 14:37 PDT
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No thanks – I'll just look around