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The-Corcoran-Group

Corcoran has been the #1 brokerage in Manhattan for the past 4 years. They are also part of "Anywhere Real Estate," the only real estate family that has made the list of one of the World’s Most Ethical Companies by Ethisphere for 13 consecutive years.

I experienced other brokerages prior to joining Corcoran, which made me appreciate Corcoran even more. With this said, I felt safe being at Corcoran knowing my management team at the Chelsea Office consistently encouraged me to be ethical and always do what was right by my customers and clients. They held me accountable to the highest standard and business practices in real estate. I left Corcoran on good terms. The Chelsea Office got a new manager right before I left. The new manager was warm, welcoming, friendly, and supportive. The Chelsea Office's future is bright.

I was delightfully shocked and surprised by how personable the executives were to everyone. They stopped by the Chelsea Office to say Hi to every agent, both new and experienced, and took the time to see how everyone was doing. The first few months of being part of Corcoran, the Agent Experience Team would check in on me regularly to make sure I was doing okay. Prior to joining the Chelsea Office, I got to interview with the Brooklyn Heights Office ― the managers there were also very supportive. They always give good entrepreneurial advice. I gleaned from them from afar.

I learned a lot of things at Corcoran. It changed my life and mindset for the better. If I could boil it down, Corcoran taught me to build my own high-quality network and showed me that it was realistically possible. Before joining Corcoran, I was a "secret agent"; I did not have an intentional social media presence. Corcoran helped me to elevate my branding and marketing skills. Not just online, but especially in person through building relationships. The second biggest thing that Corcoran did for me was give me access to the top agents in the nation. I got to assist, shadow, and learn from the best of the best. Being around this energy and wisdom changed my mindset and showed me what it takes to play in the "major leagues”. 

Although I have moved on from Corcoran, I treasure and hold dear the lessons that I learned there. I have re-contextualized those lessons to my personal life.

This company rarely promotes from within, or offers salary increases or promotions. And there's little to no room for growth and advancement. Instead, they promote those with less skills who are more favored by management.  Bully culture is normalized and retalation towards employees is condoned and accepted by upper management and HR. 

They care more about promoting their brand, than in promoting a healthy work/life balance, or assisting employees in their career growth. They treat their admins/office staff like goafers who are beneath everyone else, despite the professionalism shown or years of experience held.  Working through your lunches and staying late is the norm and they offer very little PTO or time off when needed. I was bullied daily by a terrible manager, while HR condoned and encouraged the behavior for the entire duration of my employment, with little regard for my well being.  Once I brought my concerns forward to HR, they retaliated by threatening a 30-day performance review with intent to terminate. It's illegal behavior, but large corporations such as this one, get away with it all the time sadly.

They DO NOT VALUE their employees. Candidates beware.

I worked underneath a lazy and incompetent agent. They were hardly around, gave no direction, and would pit the other sales people against each other intentionally. I felt like I was constantly cleaning up messes. It also felt like my work ethic and high-level of work was taken advantage of. As I was able to do more, my agent did less- instead of using the opportunity to develop new business. In addition, I was hired with a certain expectation of the teams earnings (as a large portion of my salary was based on a percentage of the teams total commissions). Not only did the team fail to come anywhere near this figure (or even half), the agent outright lied during the interview process about how much they generated. I stuck around for 3 unfortunate years while I watched every single member of the team leave for the same reason.

A typical day at work for me would be to come in at 9am and usually I am the first one at the office! I open the front door and turn on all of the lights and go to my desk and work... My office is located upstairs from the store front and there is a beautiful open window view of the city by my desk.

The staff and management is very friendly and like family here.

I have learned allot from Corcoran and will take what I learned here and apply it to my everyday lifestyle.

The hardest part of the job is the pressure that some clients give you for wanting their issues addressed as soon as possible. This can be hard when you are working with one or more customers at a time.

The most enjoyable part of the job is making clients happy and satisfying their needs.

A typical day I would respond to client emails, sending properties of interest, coordinating showings, submitting offers, researching CMA reports for clients. 

Management is extremely helpful and caring with my concerns and needs. 

Workplace culture is "bravo" I met amazing colleagues with years of experience in the field, sharing information, and providing helpful advice. 

The hardest part of the job is when your deal falls through "goes south" after investing so much time and energy.  

The most enjoyable part of the job is creating a meeting of the minds and getting the job done!

There is no typical day at work, one must be prepared to handle all situations, some challenging, lots of negotiation and handling of easy to difficult personalities. Their educational programs are tops, after studying to get my license I had a month-long training program at Corcoran educational headquarters. The management team is wonderful, very giving of their expertise, kind, and sharing, fantastic workplace culture. I loved my time at Corcoran and all the people that I have met!

There were a balance of advantages/ disadvantages of working at the Corcoran Group. Overall the experience of meeting many different agents was definitely an experience. The company definitely lacks diversity and can be improved upon. Management in the administrative department was very unorganized. The 
HR department often swept certain issues under the rug if complaints were made against people that brought in top company dollars. No holiday bonuses!!!!!!  Other than that I very much enjoyed working with the colleagues on my team.

Great culture here. It's easy to feel included, to speak to your office manager and business manager if you have any issues and they work to resolve them and answer questions as quickly as possible. As an agent, there is support in all aspects (marketing, financial, legal). There could be a stronger marketing team (it often takes them a long time to get back to agents) but its expected to do on your own anyway. The diversity could be better, but it seems to be something they are actively working on.

Environment is not positive at all. Constant complaining with little to no receptiveness to new ideas and changes. Does not care about the wellbeing of staff. Management proceeded to point out all my flaws when I wanted to track my progress. Work is easy, but is fast paced and does not entail intellectual stimulation. Most of the agents were kind and very friendly! No room for advancement or true learning. Manager undermined my contributions due to me being young.

As real estate companies go, you would be hard pressed to find one that is better than the corcoran group.  As with any sales commission position, you will get out what you put in - but the environment, educational opportunities, online lead managing tools,  and very helpful management structure at corcoran enables their agents to be as good as they can be.

Top Job Titles	Average Salary
Real estate manager 1 salary reported	$60,000 per year
Real estate agent 2 salaries reported	$177,500 per year
Real estate assistant 1 salary reported	$25.00 per hour
Administrative assistant 1 salary reported	$25.00 per hour
Real estate analyst 3 salaries reported	$65,833 per year

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