CoStar Group reviews

2.7

33% would recommend to a friend

(3,024 total reviews)
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Andrew C. Florance

31% approve of CEO

38% positive business outlook

CoStar Group has an employee rating of 2.7 out of 5 stars, based on 3,024 company reviews on Glassdoor which indicates that most employees have an average working experience there. The CoStar Group employee rating is 22% below average for employers within the Real Estate industry (3.5 stars).

Reviews by job title

3K reviews
1.0
Dec 14, 2013
Recommend
CEO approval
Business Outlook

Pros

Not too many positives to be honest. The office is slap bang in the centre of Glasgow, close to a plethora of eating establishments and pubs for a post torture aperitif. Let's be honest, if you work here, you have more than earned it. The starting salary is decent, but does hold many unhappy folk over a barrel so to speak. Despite the work being stultifyingly dull, there is good camaraderie in the office. The research team are, in the main, good people, but as others have mentioned, this may be due to the team unifying in the face of stifling, robotic management.

Cons

If it wasn't for the pesky word count, I could outdo Tolkein in this section. Where to start? Why not kick off with the targets. Of which there are a few. The main one being a call target. But this is NOT a call centre. No siree, despite the fact all calls are recorded and monitored. Despite the fact the telephone is pretty far down the pecking order as far as 21st century communication methods are concerned. Micromanagement rules here, but many of the managers allegedly do not know what this is. On the subject of management, most of the team leaders have been promoted from within. Sounds good so far? Surely means the company has fantastic opportunities for promotion? On the face if it, the answer is a firm yes, but most of the robots who are promoted have no managerial experience. Or people skills. This also makes them easier to control by senior management. The puppet strings are still visible from certain angles however. The fact that only one externally appointed manager remains with the company compounds the above point. Many of the management team would publicly execute their granny if it means their own reputation remains untarnished. Self importance is the overwhelming vibe among the management clique. On to the job itself, which is shockingly mundane. There is no exaggeration here, the reality is you are expected to spend all day on the phone trying to reach commercial surveyors who must be bored senseless listening to the same tired buzz words every month. Costar claim to be a customer focussed company, but any negative feedback, whether it be from subscribers or staff is swept under the carpet. If you are a member of staff who has any sort of constructive feedback, you are dead meat. I know the last couple of paragraphs sound like a dystopian yarn, but this is the cold hard truth. You cannot speak up against management, it is a hate crime in the crazy world of Costar. It is blatantly obvious from the review pattern that senior management have cast their eyes over the feedback. Why? Because in true Costar fashion, rather than take the negative points on board and try to improve working conditions, they get some of the aforementioned puppets to write happy clapping reviews in a quest to shunt any negativity from the front page. Well done guys, Uncle Joe would've been proud. I have also noticed at least one particularly critical missive from last year has been removed completely. Despite what HR used to tell us, staff turnover is pretty high. I can think of at least a dozen medium to long serving staff that have left research after me. Costar bucked a lot of trends a few years back in a depressed job market. They had their pick from a rich talent pool , many of whom had been made redundant from positions in their chosen area. With the upturn in the job market, many of these people (myself included) have returned to their chosen field. Perhaps this may trigger the powers that be into improving working conditions and lessening the need for that revolving door. Despite the above assassination, I do think Costar could be a decent place to work. If senior management dismounted from their high horse and actually listened to the staff and subscribers, the resulting overhaul would cause a wholly positive change in working conditions. I mean, imagine listening to constructive feedback from subscribers. They are only responsible for inward cash flow. Guess I am just a maverick.......

1.0
Mar 31, 2009
Recommend
CEO approval
Business Outlook

Pros

You will probably never meet a bunch of nicer co-workers who share in the grief and misery of working in such a bad place. There is a great deal of sympathy for each other. Co-workers treat each other as family members. This is one of the main reasons why many people stay with the company for much longer than they anticipate. The location of the office mean that people can travel to the office easily. There are good transport links, and the office is conveniently situated for access to a wide range of amenities. There are a lot of places to go to during lunch.

Cons

Where to start? Bad management style, incompetent management, lack of leadership qualities of senior managers, promotions not based on merit but nepotism, draconian and unachievable targets, periodically being lied to and treating employees with disrespect. Business schools should use CoStar as an example of how not to manage, and how not to treat workers. The people at the top are the 'old boys network'. Don't even bother expressing your opinion. You will be talked down and your attitude will be questioned, and you will be shown the door. If you want to grovel for a promotion and become part of the old boys network , good luck. They will only listen to you if they like the look of you, and if you submit to their management style.

1.0
Sep 17, 2024

The most pathetic company I've ever worked for

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

They pay relatively high salaries (to compensate for the fact no one would want to join them otherwise - they also don't really care about making inflated offers as they'll fire people for any bs reason whenever it may suit them). Accept it at your own peril!

Cons

In more than 15 years of professional experience in multiple workplaces (some harsher, some lighter), I can confidently say CoStar is the most pathetic company I've ever worked for. Discriminatory, old-fashioned, unethical, bureaucratic, hierarchical, highly contradictory, self-defeating, utterly corporate, deluded, limited, non-existing culture! Don't believe me? Just pay attention to Glassdoor's ratings on the business here - or even better: check "CoStar memes" on Google/Reddit. I've never seen people looking so dreadful in an office before... as if their souls are about to escape their bodies. If you're in London, don't be fooled by their address in the Shard: their office is actually quite basic and extremely boring. By walking around, you can really see on people's faces that they are there just for a paycheck, hating themselves for representing that business, counting the minutes to leave. It isn't unusual to take the lift and then hear staff complaining about unfair treatment. A very 'American' company, CoStar is too culturally insensitive to the countries it operates in. Managers are left like headless chickens, running in circles. Pointless meetings, inhumane/insane decisions... a lot of the company's problems are very clearly of their own making: and they do not accept change. Don't even try. CoStar is fully controlled by its owner, who along with his creepy senior team are a bunch of fickle, chaotic, deeply uncharismatic loonies. Only unremarkable, yes-men can really thrive in this environment. The company is extremely dysfunctional, unimaginative and inefficient. It should actually be much bigger and more successful than it is, given the market it operates in. It manages to keep its relevance though as it effectively created a monopoly. Despite claiming to be a fast-growing business, with a high self-inflated sense of importance, the reality is that they still haven't even managed to get to 7,000 employees, despite being almost 40 years old. CoStar's real expansion plans have been stuck for years. The company doesn't grow organically at all: the way it grows is only through monopolistic mergers and acquisitions. They're constantly acquiring new, successful businesses in the field... to then suck the life and joy out of them, and move on to the next victim. It's sad to see the number of otherwise promising businesses that they just managed to completely empty of real talent and stagnate. Disconcertingly, they couldn't care less about playing with their employees' lives and even seem proud to not give a second thought to firing staff at will - almost always for reasons the company is fully responsible for, such as following inadequate hiring plans or setting completely confusing expectations. When questioned, they'll gaslight employees as much as they can get away with, petulantly claiming that they fire so much because staff doesn't meet its 'high' expectations... but the reality is that it's CoStar's management that is highly incompetent, and definitely doesn't meet expectations. Everyone can see it. It's the Daily Mail saying, not me: 'Ruthless' CEO of real estate data powerhouse CoStar 'created toxic environment where 1,546 of its 4,200 workers quit or where fired last year: 'Pointed a loaded GUN at one exec over Zoom and sent another a shot-up target' Can you believe it?

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Glassdoor has 3,116 CoStar Group reviews submitted anonymously by CoStar Group employees. Read employee reviews and ratings on Glassdoor to decide if CoStar Group is right for you.