Acquisition by CoStar Killed a Good Thing - Anonymous employee Apartments.com Employee Review

1.0
24 Sept 2018
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Working at Apartments.com as a photographer was one of the best jobs I ever had. I traveled, did work I enjoyed immensely, was on track for advancement, and had great relationships with co-workers and supervisors.

Cons

D. Burke joined as the new CEO and promptly enriched himself by promptly selling the company to CoStar, who turned it into a low-wage kiddie job with Big Brother as the supervisor. After not hearing from my new supervisor for a month, I knew something was up. My position was taken from me in a wave of layoffs and given to someone half my age willing to work longer hours for less money. Ageism was apparent as everyone I knew over the age of 40 was fired and their positions were given to 22 year olds. I was terminated by a supervisor half my age in a phone call, offered one month's pay as severance and forced to sign a non-compete, non-disclosure form to receive it. Within four months, everyone I used to work with at Apartments.com either resigned in disgust at what an oppressive job atmosphere it had become, or was fired in another round of layoffs. They hired expensive celebrities to pose for their advertising while treating employees like disposable cogs.

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5.0
15 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Can be a great place to work

Cons

It’s what you make of it.

3.0
12 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Strong brand recognition, supportive coworkers, and excellent opportunities to develop new skills. The fast-paced environment provides exposure to a diverse client base and a variety of business challenges, creating valuable professional growth and learning opportunities.

Cons

Priorities can shift quickly, creating a more reactive work environment that may not be the right fit for everyone. Success requires a high degree of adaptability, self-motivation, and comfort with change. Performance expectations are generally standardized across markets, which can make it challenging to account for differences in local market conditions and opportunities. Additionally, administrative requirements and performance metrics can be time-intensive and may reduce the amount of time available for direct client engagement and revenue-generating activities.

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