Marcus & Millichap Employee Reviews

Showing all 57 reviews
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Worst job ever!
Broker assistant (Former Employee) –  Atlanta, GAOctober 14, 2016
This place is a joke. Zero leadership. Zero training. No benefits. Pay is a joke. The company and environment is a complete joke. Bunch of bafoon brokers trying to pretend they are working hard. They hire a bunch of interns, pay them chump change and think they are a real estate tycoon. Total joke. The culture there is negative. They gossip and they cry about their job. Worst choice I ever made. I do not advise you to work for any of theses unprofessional cheap brokers!
Pros
Nothing. Worst place ever!!!
Cons
Everything. Worst place ever!
Was this review helpful?Yes11No1Report
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Ok workplace
Associate (Current Employee) –  Fort Lauderdale, FLJanuary 23, 2017
The people are friendly for the most part, but they are also competitive and not in the best way.
The training program was good, but after that it is difficult work.
Pros
Potential to make money
Cons
Long hours, competing with coworkers a lot, money is had to make
Was this review helpful?Yes1NoReport
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
intense work environment with high income potential
Investment Associate (Former Employee) –  Brooklyn, NYOctober 17, 2016
Exceptionally challenging marketplace and product.
80+ hour work weeks, Boiler Room atmosphere.
typical week consists of 500+ cold calls, 3-5 new prospecting calls and 2-3 value proposals.
The greatest thing about working as a commercial broker is that it connects you to the city in a way no other job can. You know what areas are being rezoned, where new developments are going in, how an influx of people will affect a neighborhood, and when everything is going to happen years in advance.
Pros
uncapped commission
Cons
no benefits, poor splits, minimal support from the firm
Was this review helpful?Yes5No1Report
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
No minorities or advancement for women
Assistant (Former Employee) –  Southfield, MIJuly 26, 2016
This company is disturbingly free of people of color. If you are determined to work in commercial real estate, I advise you to look into CBRE.

This is also an office where woman are hired as "assistants" and men are hired as "analysts." It does not matter how seriously a woman takes her career or how much integrity she shows in her work, this office treats women like jokes.
Cons
No benefits of any sort.
Was this review helpful?Yes8No4Report
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Very limiting company
Associate (Current Employee) –  Austin, TXMarch 1, 2016
The commission only pay is strenuous due to the year you go without income. They warn you up front about it but what they do not tell you is that they do not promote collaboration with other agents across the country and do not support buy side deals which could be a huge part of ones business. All agents are working against each other and most do not want to share the commission with anyone else so they will not be willing to work with you. Also you are a contracted employee, which means you have the benefit of making your own schedule but management will scold you if you do not come to the office from 9-6 every day so there really isn't a true flexible schedule
Pros
There are some senior agent mentors who really do teach and help juniors
Cons
no benefits, commission only, hostile management
Was this review helpful?Yes12NoReport
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Great collaborative culture
Hotel Broker (Current Employee) –  Atlanta, GASeptember 29, 2016
Great place to work. Hard being an agent because it is 1099 employment with no benefits. Wonderful people and you will learn so much working there. Must be able to financially be able to support yourself for your first year.
Pros
Free lunch
Cons
No benefits our salary
Was this review helpful?Yes2No1Report
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Be careful making the decision to work at M & M
Marketing Manager (Current Employee) –  Palo Alto, CAMarch 8, 2017
If you don't mind being yelled at by supervisors, it's a great place to work. You have to work with uneducated people who make mistakes on contracts and sell properties with bedbugs.
Pros
it is publicly traded
Cons
you have to be able to endure yelling and screaming
Was this review helpful?YesNoReport
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Be Ready
Sales Associate (Current Employee) –  Washington City, DCDecember 12, 2016
100% Commission. No computer provided. Suit only attire. Don't expect to be paid for 1 full year. Extremely tough but lucrative if successful. High commissions are possible but don't be blinded by the light.
Pros
Good internal system
Cons
100% Commission from day one, Only thing they give you is a phone, Have to pay for training provided, Only strategy is cold calling
Was this review helpful?Yes3NoReport
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
No job stability
Broker Assistant (Former Employee) –  Irvine, CAJune 22, 2016
Unless you're working for the in-house office staff, your job will be compromised working as an Assistant to any of the brokers. High stress, lots of deadlines, overtime and no health benefits. You'd be lucky to receive any commission of closed deals. Patience is a virtue. You will need it.
Pros
Free lunches, casual Fridays, paid holidays, paid parking
Cons
No healthcare, demanding and unrealistic deadlines
Was this review helpful?Yes11NoReport
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Marcus & Millichap
Associate (Former Employee) –  Encino, CAJanuary 26, 2017
Great Brokerage House with excellent training. Has all the resources for a new agent or for a Broker with decades of experience. Known for maximizing Seller value and seamless 1031 tax deferred exchanges.
Was this review helpful?Yes1NoReport
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Company I have learned a lot from
Real Estate Assistant Agent (Former Employee) –  Los Angeles, CAMarch 1, 2017
At Marcus & Millichap, I enjoyed every second at work. The ambiance was always pleasant, which made gave me the drive to succeed with accomplishing tasks.
Was this review helpful?Yes1NoReport
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Competitive and Arduous
Associate Agent (Current Employee) –  Fort Worth, TXAugust 5, 2016
This job has great opportunities but will stretch you extremely thin. You won't see a paycheck for a year and almost every minute of every day within the first year or two is solely dedicated to generating leads and research. The sales approach is a lot different and if you cannot conform to the exact specifications of your mentor or manager you will slowly sell yourself out of a relaxed personality.
Pros
Income Potential
Cons
Startup and Expectations
Was this review helpful?Yes9No1Report
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Marcus and Millichap
Associate (Former Employee) –  FloridaOctober 12, 2016
Great training program in comparison to competitors. Its very important to obtain a good mentor. This could be the difference of getting up to speed very quickly or taking a long time to figure it out yourself.
Pros
training
Cons
bad mentors
Was this review helpful?Yes3NoReport
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Fast Paced and Fun Workplace
Junior Real Estate Investment Analyst (Current Employee) –  Fort Lauderdale, FLSeptember 26, 2016
this company is great for young brokers, experienced brokers, and analysts alike. the company places high value in training their associates in order to help them succeed.
Was this review helpful?Yes1NoReport
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Dial for Dollars
Investment Associate (Current Employee) –  Irvine, CAJune 21, 2016
If you can hit 50 calls a day minimum, you will have success, it's basic math and odds not rocket science. If you cannot handle the constant rejection on the cold calls then this career isn't for you.
Was this review helpful?Yes7NoReport
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Very competative but very rewarding
Associate (Current Employee) –  Philadelphia, PAMay 26, 2016
It is not an easy job. The stress and uncertainty isn't for everyone. But I have enjoyed working at Marcus & Millichap because it has taught me skills that I believe will be helpful throughout for my entire work life.
Was this review helpful?Yes3NoReport
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Great people in the office and a solid place to learn and grow as a person.
Real Estate Assistant (Former Employee) –  San Diego, CAAugust 31, 2016
I worked here as an internship but I can take a lot away from the people I met and the relationships I built inside of the office. I recommend Marcus & Millichap to any of my friends wanting to get into real estate.
Was this review helpful?Yes2No2Report
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Fast paced, challenging environment.
Executive Assistant to Vice President (Former Employee) –  Palo Alto, CAAugust 13, 2013
I worked on all administrative tasks related to running an office smoothly in Commercial Real Estate. Email blasts, drafting loans, LOI's Calendar Management, Office Manager. I learned a lot about promotions, time management skills, stellar customer service skills. The hardest part of the job was the lack of guidance and sometimes volatile work environment. The most enjoyable part of the job was learning new things everyday about the real estate business.
Pros
Long hours, limited pay.
Cons
Interesting and challenge work.
Was this review helpful?Yes6No3Report
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Great Place
Personal Assistant and Settlements Coordinator (Former Employee) –  New York, NYSeptember 14, 2016
Exceptional place to work, they have great perks. New office is state of the arts. Location is in the heart of Manhattan.
Pros
too many to mention
Cons
none
Was this review helpful?YesNo1Report
Job Work/Life Balance
Compensation/Benefits
Job Security/Advancement
Management
Job Culture
Great company
Managing Broker (Current Employee) –  Corpus Christi, TXJune 23, 2016
Great atmosphere, training, reputation, etc. Provides a good platform for investment sales. The largest national commercial real estate firm. Provides a unique marketing platform that encourages cooperation to maximize results for clients.
Pros
Provides all of the resources to be successful
Cons
Commission only
Was this review helpful?Yes4No4Report

Want to know more about working here?

Ask a question about working or interviewing at Marcus & Millichap. Our community is ready to answer.

Ask a Question

Overall rating

3.3
Based on 57 reviews
5 stars
4 stars
3 stars
2 stars
1 star

Ratings by category

Work/Life Balance
3.2
Compensation/Benefits
2.6
Job Security/Advancement
2.5
Management
3.4
Culture
3.1
72%

CEO Approval

Based on 18 ratings
Add your rating