Newmark reviews

3.4

52% would recommend to a friend

(856 total reviews)

Barry M. Gosin

64% approve of CEO

63% positive business outlook

Newmark has an employee rating of 3.4 out of 5 stars, based on 856 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Newmark employee rating is in line with the average (within 1 standard deviation) for employers within the Bienes raíces industry (3.8 stars).

Reviews by job title

856 reviews
2.0
Sep 13, 2021
Recommend
CEO approval
Business Outlook

Pros

- You get something in your resume. - The people you work with depending on the team really is the reason to stay at Newmark.

Cons

- No 401k Match - Basic health insurance - LACK of diversity in the upper management is a big disappointment. On paper they want to seem like they care, will send emails and post on social and that's about it. - Career growth opportunity is a lackluster. They use Cantor's(former parent company) matrix for promotion. Basically if you fall in the matrix they will give you raise, otherwise no chance. - HR pretty much there to protect company, does not care about employees well being. - No budget for anything. - Management basically says here is the limited money but build me something shiny and new. - They will roll over for big brokers when they say no to using internal products, no back-bone. I have worked here for over 5 years and been through 3 departments, would not recommend Newmark to anyone that wants to work an exciting company. It's a shame, they could have been something bigger.

1.0
Sep 12, 2021

Terrible Upper Management

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Some good people work here.

Cons

Company is requiring vaccinations of employees only for COVID or weekly tests as of October 12th. Brokers are not required, which makes NO sense. No training for staff. Lots of jobs are being outsourced to India. Forced 15% contributions to company stock from employee’s bonuses. Little to no advancement opportunities.

3.0
Aug 31, 2021

Good Brokerage Firm Experience

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good people and support staff.

Cons

Team oriented company, they vary widely.

Viewing 436 - 438 of 856 Reviews

Glassdoor has 1,019 Newmark reviews submitted anonymously by Newmark employees. Read employee reviews and ratings on Glassdoor to decide if Newmark is right for you.