Andy If You Care About CoStar Then Read This - Sale Representative CoStar Group Employee Review

1.0
Aug 13, 2018
Recommend
CEO approval
Business Outlook

Pros

Pay, product is superior to all others like it in it's field, research staff is hard-working and genuinely tries to do well. C

Cons

My 1st year started off well enough, I had hit my number every single month since I started then came the sales conference. Our brilliant CEO decided to raise quotas by almost 50% after 1 quarter of solid sales performance! Not only that but they slashed sales reps pay for hitting their number by almost double. All sales reps walked away from the sales conference feeling demotivated and dejected. You ask any rep how they felt about the new commission plan and you will get negative feedback. Eventually I got over it but then came the most illegal and unethical move I have seen from a company, namely, the non-commissionable deals. If you get a deal rejected for ANY REASON, it automatically becomes unpaid. There's absolutely zero recourse since your manager can't help and your RVP is useless. Since that day I have lost all faith in my career here.

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CoStar Group Response
7y
CoStar is a growth company and each year sets challenging but achievable targets. Q4 2017 saw a major change in our competitive environment, an unprecedented investment in research, new analytics releases and the optimization of LoopNet as a pure listing platform for paid advertisers. Our products have never been better and the opportunity never greater. Many of our reps in 2018 have not only reached their 2018 targets but have significantly exceeded them. Year to date sales commissions are higher in 2018 than for the same period in 2017. We have tried to ensure greater pricing consistency for clients and focusing on ensuring our salesforce enter accurate proposals is good business practice. If we price clients fairly and consistently, service them well during the life of their contracts we will further improve upon our outstanding renewal rates. Your feedback is welcomed and all of the senior sales management including the EVP Sales would be delighted to show you how to become one of the many top performers we have here at CoStar.

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Cons

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Pros

I worked for Homes.com - Great first job out of college to learn a lot about sales and can make good money in the first 3 months - FIND PEOPLE THAT HAVE DONE THIS JOB AND HAVE LEFT AND FIGURE OUT WHY CUZ THEY'LL TELL YOU

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