Newmark reviews

3.4

52% would recommend to a friend

(855 total reviews)

Barry M. Gosin

62% approve of CEO

61% positive business outlook

Newmark has an employee rating of 3.4 out of 5 stars, based on 855 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

855 reviews
2.0
Apr 25, 2019
Recommend
CEO approval
Business Outlook

Pros

High Quality Office Space; Flexible Hours/Vacation Days

Cons

Confusing management structure that is comprised of directors poached from other companies with unclear roles; no real atmosphere (a bunch of strangers sitting in the same room); and management that expects a lot from employees while undelivering on pricing/technology. Finally, the CEO makes 5% of all the company’s revenues, which is bonkers considering the abysmal performance of the stock since the IPO.

3.0
Apr 22, 2019

Very Good Culture

Recommend
CEO approval
Business Outlook

Pros

Reasonable when you are first employed

Cons

Little Likelihood of advancement in career.

2.0
Apr 22, 2019

Prepare for toxicity and mantrums

Recommend
CEO approval
Business Outlook

Pros

I actually really enjoyed my coworkers, everyone except the broker I was working under was great. Really nice and professional. Good name recognition, although this company is obviously not the best, you can find better.

Cons

There is so much to say about the toxicity that is brokerage assisting. Brokers will treat you great while they're in a good mood and their deals are going well, but as soon as something goes wrong, they will take it out on you and everything you do will be unsatisfactory and cause them to treat you even worse. They're too busy "doing deals" to treat you like a human or invest in your knowledge and development. The broker started literally ignoring me for a whole month and refused to even let me talk to him for a few minutes to resolve the issues. They will expect you to figure out how to do everything perfectly very quickly. They use ten different applications to run the company and you will need to know how to use all of them, each with protocols and approvals. Unless become an agent and start producing for the company, you won't matter and your career won't progress. As some of the other reviews were saying, this is not a good place for females - they just don't get respect and are generally unhappy and looked down upon. The brokers will say things about you behind your back, including brokers from other companies. Top heavy structure - meaning the top grossing brokers basically power steer the company and always get their way. No one lower matters. LOTS of internal bureaucracy, conflict, and politics. Management will not correct the brokers' behaviors. Just don't expect anything besides a cold reality check into the the world that is commercial real estate. You won't get anywhere by being nice or playing by the rules. Literally everyone is just a resource.

Viewing 613 - 615 of 855 Reviews

Glassdoor has 1,017 Newmark reviews submitted anonymously by Newmark employees. Read employee reviews and ratings on Glassdoor to decide if Newmark is right for you.