Does Rapid Realty pay their employees well?

According to anonymously submitted Glassdoor reviews, Rapid Realty employees rate their compensation and benefits as 1.9 out of 5. Find out more about salaries and benefits at Rapid Realty. This rating has been stable over the past 12 months.

How satisfied are employees working at Rapid Realty?

30% of Rapid Realty employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Rapid Realty 2.5 out of 5 for work life balance, 2.2 for culture and values and 2.5 for career opportunities.

What are the top reviewed jobs at Rapid Realty?

Real Estate Agent (9) , Licensed Real Estate Salesperson (4) , Agent (3) , Intern (3) , Licensed Real Estate Agent (2) , Real Estate Salesperson (2) , Sales (2)

What are the pros of working at Rapid Realty according to real employee reviews?

"Paid training, continued training, present CEO, flexible schedule, no desk fees." ((in 4 reviews)); "flexible schedules" ((in 3 reviews))

What are the cons of working at Rapid Realty according to real employee reviews?

"Low commission splits." ((in 3 reviews)); "no support, bad commission splits," ((in 3 reviews))

Skip to content Skip to footer

Notifications

Rapid Realty

Rapid Realty Reviews

2.3

30% would recommend to a friend

(34 total reviews)

Anthony Lolli

48% approve of CEO

9% positive business outlook

Ratings by category

3.8

Diversity and inclusion

2.5

Work/Life balance

2.5

Career opportunities

2.2

Culture and values

2.0

Senior management

1.9

Compensation and benefits

Rapid Realty has an employee rating of 2.3 out of 5 stars, based on 34 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Rapid Realty employee rating is 39% below average for employers within the Real estate industry (3.8 stars).

Reviews by job title

34 reviews

1.0

18 Jun 2014

Desperate times, desperate measures

Associate

Recommend

CEO approval

Business outlook

Pros

It's better than begging on the street.

Cons

Corrupt Immoral They love to work with landlords like Donald Sterling Cheap They will lie, steal and cheat to rent out a basement apartment to a 80 year woman just for a low commission.

3.0

17 Nov 2011

Could be worse

Salesperson

Recommend

CEO approval

Business outlook

Pros

Flexible, create your own schedule, If you get a great franchisee lucky you, lots of listings depending on the area, great parties

Cons

unprofessional atmosphere, lack of guidance, sink or swim attitude, extremely low retention rates (new people every week) VERY low start-up percentage

2.0

21 Apr 2018

Stay away from the sinking ship!

Real estate agent

Recommend

CEO approval

Business outlook

Pros

Get your license for free. Make your own schedule. The trainings are informative.

Cons

-Shameful that you most times have to compete with other agents from the same company in different offices for the same listings. -Getting key access is terrible!! You may have to travel across town to get a key from another office and hope its there when you get there meanwhile putting you further away from the apartment you are trying to show. -The trickery and spiel the top brokers like Ricco give are laughable when you are aware and can see right thru his BS. -Revolving door of agents and the unprofesssionalism is very telling of the company. -Bottom of the barrel Real Estate company with low quality listings. -Commission splits are terrible. You max out at 40% but must have a certain amount of closed deals to maintain it. -The worst is the company trying to convince you to get a RR tattoo to become platinum for life mind you the CEO Lolli once promised to get his own company tattoo after the 100 person. That never happened and I guess he thinks no one remembers that since the agent turnover is so frequent. -Mounting lawsuits from Franchisees and partners. (You can google it)

Viewing 1 - 3 of 34 Reviews