Don't Believe The Hype - Research Associate CoStar Group Employee Review

Coming into Costar you're lead to believe that you're valued. I came on board and everything was good for the first year or so then things went downhill. Quick. You're pretty much working your behind off quarter after quarter for promotions and advancement all for a measly 5% increase. You're asked your opinion and feedback on how things can be made better but are never taken seriously. While change is inevitable and expected, one day you're coming into work on a normal day and next thing you your livelihood is at stake. Layoffs occured in Chicago, Columbia, MD and the DC HQ. When layoffs occurred in Atlanta in 2019, hundreds of people were either expected to pick up their whole lives and move to a whole new state 10 hours away or not have a job and later be picked up by people who don't know what they're doing and are being inadequately trained. Communication and transparency is almost comical and micromanagement is worse than traffic on 285 on a Tuesday. There's next to no job security and even if you think you're safe, your department may be next on the chopping block. And the best excuse they can come up with is "it was a business decision". Not sure how a company that's supposed to be so stable and successful is letting go of and disrespecting literally hundreds of hard working people. Growth and opportunity has gone down the drain so unless you're working in sales (who get free Teslas and vacations) or maybe some sort of analyst you're pretty much disregarded and looked down upon. While CoStar is a good stepping stone and introduction to commercial real estate, don't plan on being there for no more than 2 years or 3 max. Favoritism, gossip, being overlooked and upper management having an agenda run rampant. However some managers are good people and some genuinely do care. It's basically a glorified call center where they have your metrics displayed on big screens for everyone to see. The CEO will talk about how great everything is during company meetings but is just trying to shut every other company down or buy them out so he can be the only big shot in town so clients, big or small, will have no choice but to pay astronomical amounts per month to use the product. And you're the one who has to deal with unhappy clients on the phone every day complaining as if you work for Sprint and you do nothing but sit there and take it.