UpEquity Reviews

3.1

47% would recommend to a friend

(65 total reviews)

Tim Herman

64% approve of CEO

47% positive business outlook

UpEquity has an employee rating of 3.1 out of 5 stars, based on 65 company reviews on Glassdoor which indicates that most employees have a good working experience there. The UpEquity employee rating is in line with the average (within 1 standard deviation) for employers within the Real estate industry (3.8 stars).

Reviews by job title

65 reviews
1.0
22 Jul 2021
Recommend
CEO approval
Business outlook

Pros

Most of the people under management are pretty easy going and will help you.

Cons

Do not work for this company!! I have worked for very good organizations in the past and this isn't one of them. Mid level management is a complete disaster and they single handedly destroyed that companies "culture" and reputation. They cannot keep their employees and that company has become a revolving door. That same mid level management wouldn't even let a team member who was having a baby work from home. They claim there is unlimited PTO, very flexible schedules, and flexible work from home which is a complete lie. Mid level management only allows "suck-ups" to have what was promised during the hiring process. Every meeting your position is being threaten and your being told you will be replaced. Literally every meeting (mid-management) contradicts what they stated in the previous meeting. This is a glorified telemarketing position with no help from mid-management. They will let you go for reasons such as you didn't pass your test (MLO) on the first try, you didn't have enough deals close even though your not licensed, forcing you out because your having a baby, and etc. Maybe if some of the mid-management wasn't drinking during the day and actually focused on the team members who are the foundation of that company, they might keep some of their people . That place had so much potential and it all went down the drain once mid level management was hired. Unfortunately that place is a joke now.

avatar
UpEquity Response
4y
Thank you for leaving your feedback. We are sorry that you had a negative experience here at UpEquity, however we hope to use your feedback to improve how we communicate with current and future employees. It is important to us that we take the time to respond to each of your claims as some of them include serious legal accusations. We do not tolerate discrimination in any form at UpEquity. Any insinuation otherwise is categorically false. A large portion of our employees (including the management team) have children, in many cases young children, and we would never force out an employee who is having a baby. We do not advertise a flexible work from home policy. We believe in building a strong company culture which is why we prefer employees to work from their respective offices. There are however, exceptions that can be granted on a case by case basis. Additionally, we do offer unlimited PTO (with a mandatory 2 weeks a year) and unlimited sick days. We value every employee in the company, but we do our best to reward our top performers. However, employees who continuously do not hit goals may be put on performance plans. We do NOT allow employees who are not yet licensed to sell loans or to engage in any activity that requires a license. If an employee does not have a license, they must pass all clients to a licensed loan officer for all activities requiring a license. Despite not being able to do every task, we do have performance standards for loan officers in training. We hold high standards to ensure that we deliver the exemplary customer service that our clients deserve. Our retention rate on the sales team is about 75%. This is a high retention rate for sales positions and above industry standard for most start up companies.
2.0
1 Jun 2022

Would Not Recommend

Recommend
CEO approval
Business outlook

Pros

Really great coworkers, that work hard and help you no matter what Offers a great product

Cons

Management does not listen to employees and does not look out for employees PTO is not unlimited, do not fall for the false advertising There is no flexibility Micromanagement and nepotism This is not a diverse environment, it is always said that culture is important and that is why everyone needs to be in office, however the place has the typical white male centric culture. You will be reprimanded for questioning anything that management is doing A lot of people in management positions are not knowledgeable nor do they know how to manage people properly

1.0
16 Jul 2022
Recommend
CEO approval
Business outlook

Pros

The people and long term friendships.

Cons

CEO and his little man syndrome. Do you wanna work somewhere where policies aren’t set in stone and constantly change? This is the place for you! Are you a top performer that brings in millions but CEO only cares about your cold calls (he thinks that’s the only way to get business)? This is the place for you! Do want an emotional CEO that cusses you out at a team meeting? This is the place for you! Do you love and thrive with micromanagement? This is the place for you! Do you want your managers to tell you that they care about you but don’t have the back bone to stick up for you? This is the place for you! Have you been wanting to work somewhere with no HR? Congrats, this will be your first! Do you want unfair/unequal distribution? Go ahead and apply! Do you want a CEO that is stuck in his military mindset and refuses to adapt to the Fintech style? Man oh man, how can you turn that down?? Thinking about leaving your company for more money? If 30bpts or $500 flat is good enough, what are you waiting for?! Do you want to be given high expectations but not given the proper tools or resources to accomplish those goals and then get written up when it doesn’t work out? This is definitely the place for you? How about a mediocre wfh policy and even then have it be dangled in front of your face like a carrot? You’ve found the right place! Is flexibility and transparency not important to you? This is perfect for you! Want a company that goes from unlimited PTO to “generous” pto bc the CEO thinks it’s too much to ask of his managers to individually “manage” those who “abuse” the policy? Idk why you haven’t applied yet! CEO doesn’t care about feedback or listening to the people that are keeping his business alive. It’s a “my way or the highway” mentality and if you don’t agree, he’ll feel threatened and what do CEO’s with little experience and high emotions do? Push out 2 of your best sales associates even after laying off 10% of the staff 2 weeks prior due to “low revenue”.

Viewing 1 - 3 of 65 Reviews

Glassdoor has 66 UpEquity reviews submitted anonymously by UpEquity employees. Read employee reviews and ratings on Glassdoor to decide if UpEquity is right for you.