Venterra Realty reviews

3.3

44% would recommend to a friend

(606 total reviews)
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John Foresi

67% approve of CEO

64% positive business outlook

Venterra Realty has an employee rating of 3.3 out of 5 stars, based on 606 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Venterra Realty employee rating is in line with the average (within 1 standard deviation) for employers within the Real Estate industry (3.8 stars).

Reviews by job title

606 reviews
5.0
Nov 17, 2022
Recommend
CEO approval
Business Outlook

Pros

Despite the cons, Venterra is an amazing company where you will be supported, equipped and rewarded/acknowledged for the work you do. If you have a good idea, then Venterra will listen. If they see fit to implement your idea, you are even compensated for it. Overall I would refer Venterra in a heart beat because the Regional Managers are stellar and will do what they can to best support you, but they will equally challenge you when they see areas for improvement. The pros I would list are: Leadership Support Growth Support Genuine Care For Employees Healthy Work Environment Potential For Advancement Work-Life Balance Innovation

Cons

One thing that really bothers me is the "Million Dollar Club". It is a club you can find yourself in if you make Venterra 1 million dollars or more in annual revenue. The issue is you are handed scraps for achieving this goal. Make Venterra millions and you will get a $500 gift card. To me it comes off very greedy given how much it takes to get there and how much they profit off of your skillset. Some will say, "It's something", but those that see the value they bring will feel like it's crumbs brushed off of the table. I also feel like the commission structure could be miles better. However, I believe the goal is to keep as little people in the top tier of commission as possible. They make it very difficult to reach specific parameters that are more often than not, out of your control. That being said, Venterra is still a young company in the apartment industry being 20 years old and have a ton of room and time to grow. The hourly pay starts pretty low and you have to perform really well to be considered for any substantial raise.

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Venterra Realty Response
3y
Thanks for sharing your thoughts here. It’s great to hear that you’ve felt heard, supported, and challenged during your time on the team! While compensation is informed by regional benchmarking and our recent change to commissions was based on feedback about disparities due to community size/pace, your comments about the commission structure, our “Million Dollar Club” program, and pay generally is very much appreciated. As you mention, there’s always room to improve, so we’ll definitely take it to heart as we explore opportunities to improve in these areas. If you have any other thoughts or suggestions, please be sure to continue sharing and submitting any ideas you might have via the Innspire portal. Thank you again for providing the review!
1.0
Aug 24, 2022

I will not recommend to work here

Recommend
CEO approval
Business Outlook

Pros

- commission per move in’s

Cons

Everything else - honesty and integrity don't exist

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Venterra Realty Response
3y
While we want to thank you for taking a moment to provide the feedback, I’m sorry that your experience has been negative overall. Our leaders and mentors are expected to carry themselves professionally while providing each of our team members with the support and guidance they need to thrive. We would love an opportunity to turn things around for you, and having a better understanding of the full situation will be a big help in making that happen. When you have a chance, please reach out to me by phone (905-717-8264) or email (rroos@venterraliving.com) for a dialogue. Of course, if you’re more comfortable providing details anonymously, EthicsPoint (https://bit.ly/3stiJsA) remains a great option to present anything that might need our immediate attention. Thanks in advance for any more information that you’re able to share and again for sharing the review.
2.0
Mar 3, 2022

Times, they are a changing...

Recommend
CEO approval
Business Outlook

Pros

The employees are amazing. All of our properties, in my area, work as a team and help each other out. I have had opportunities with Venterra that I never had with other companies. I have had the privilege to work in other departments, like the acquisition team, so broaden my knowledge and understanding of the process.

Cons

The employee experience use to be Venterra's number 1 priority, but recently, employee experience has taken a backseat to the bottom line. Decisions are made at the corporate level that deeply impact the onsite team, with no insight from the team members it will be affecting. There has become a disconnect from off-site (corporate) and onsite. The numbers are beginning to mean more than the people. This is in direct contradiction to the company that I have known for years.

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Venterra Realty Response
4y
Thanks so much for reflecting on your time with us and sharing the feedback. It’s great to know that your time with us has included a great team dynamic, an opportunity to expand your horizons, and that you’ve appreciated our focus on prioritizing our team members. While we’re certainly excited to be growing, it’s critical that we maintain our people-first company culture, so it’s difficult to hear you feel like this is something you’ve seen change recently. Our long-term approach to success requires us to continue our dedication to creating an amazing experience for every individual on our team. This means ensuring they have a voice, feel empowered to use it, and know that it’s heard. While resources like our annual leadership survey, our new Innspire Innovation Hub, and pilot programs to test initiatives before rollout, are intended to help make this a reality, we’re always open to ideas on how we can further improve in this area, and others. Given the feedback you’ve provided, I’d encourage you to reach out to me directly to discuss in a bit more detail. For your personal experience and for the experience of others at Venterra, I’d love a chance to gain better understanding of your observations and have a chance to turn things around. If you’re open to a dialogue, please contact me by phone (905-717-8624) or by email (rroos@venterraliving.com) when you have an opportunity. Thank you again for the review and in advance for any additional conversation.
Viewing 34 - 36 of 606 Reviews

Glassdoor has 628 Venterra Realty reviews submitted anonymously by Venterra Realty employees. Read employee reviews and ratings on Glassdoor to decide if Venterra Realty is right for you.