Newmark reviews

3.4

53% would recommend to a friend

(853 total reviews)

Barry M. Gosin

63% approve of CEO

62% positive business outlook

Newmark has an employee rating of 3.4 out of 5 stars, based on 853 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

853 reviews
2.0
Dec 9, 2016
Recommend
CEO approval
Business Outlook

Pros

Autonomy, Friday donuts/bagels, good pay, excellent benefits.

Cons

There was very rarely enough work so it was almost impossible to succeed. Was told that I had to work at a different office location in Independence which turned out to be an absolute nightmare. When I talked to management about the difficulties occurring in the office where I was one of the two office workers, the other being my "boss", they flat out ignored all of it. I was having panic attacks about having to go to that job and they still didn't care. The downtown office people were nice but the morale was terrible. In the 2 years I was there 4 people quit and 2 were fired.

1.0
Dec 5, 2016
Recommend
CEO approval
Business Outlook

Pros

It is a good idea, looks good on paper, and they are making big waves by spending tens of millions of dollars taking broker teams from Cushman and CBRE. If you are a stockholder when they sell the company you might make a few dollars per share.

Cons

I was hired under a detailed business plan, cost/revenue projection, and three year contract to lead a new service line at Newmark. It was all properly vetted and fully approved by the COO but after more than 9 months into the 2016 fiscal year I still had not been allowed to hire any of the people I needed and was promised. In the meantime my boss was submitting false and misleading revenue numbers to enhance quarterly earnings reports to Wall Street. Newmark (GGC Partners is a publicly traded company). The COO did not return a single telephone call or email message (ever). I went to HR then the CEO and was fired less than two weeks later. No investigation was ever conducted. CONS - Training, internal lines of communication (to management), internal controls, outdated and inconsistent IT systems, no upward feedback on superiors, human resources, internal reporting mechanisms, anti-retaliation policies, adherence to internal polices/codes, Cantor Fitzgerald HR and Legal departments serving Newmark business units, integrity, double standards, poor leadership, and just bad management. No wonder they can't get their stock to go above $9 per share.

3.0
Nov 16, 2016

Do they really care?

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

They do give you freedom to do your job with little to no supervision which is nice.

Cons

Benefits; Pay; Corporate structure; Upper Management

Viewing 733 - 735 of 853 Reviews

Glassdoor has 1,015 Newmark reviews submitted anonymously by Newmark employees. Read employee reviews and ratings on Glassdoor to decide if Newmark is right for you.