Pros
- Decent starting job for a Fortune 500 company - Great coworkers, managers, and nice amenities/ gym - Local branches are great, with supportive managers - If you really put in the work, local management and your NRT affiliate will support your personal growth
Cons
Where do I even start? My negative review is mostly directed to corporate NRT leadership and executives. NRT Realogy's upper management is dated, and instead of trying to stay ahead of the curve in terms of technology, they continue to use outdated tools. For years, Realogy ignored the up and coming tech/ startups, insisting that their brand name alone would survive in the coming years. This has obviously backfired as they have lost top agents in an increasingly broker-centric era. Even their current technology, which they hope will turn things around, is very dated and ineffective. They continue to pour money into methods that worked 2-3 years ago. The company is also too large, and their business model of recruiting as many agents as possible is not effective in this time, since all the talented/producing realtors are currently in the business. They are the ones NRT is losing to competitors in major markets (their are plenty of articles about this), which explains their declining stock and revenue. The overall market in the US is still strong, so the outlook for this company is not good when the correction occurs. They are already implementing "cost-saving measures" according the TheRealDeal. For a company that considers itself an "Ethical Company" and is currently suing Compass for illegal practices, NRT Realogy is trouble of their own for illegal practices, The pay is decent, but the medical benefits are outrageously expensive.