Situs
2.4 of 5 40 reviews
www.situscos.com Houston, TX 150 to 499 Employees

Situs Reviews in Houston, TX US

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2.3 18 reviews

                             

33% Approve of the CEO

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D. Keith Johnson

(3 ratings)

33% of employees recommend this company to a friend
18 Employee Reviews Back to all reviews
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3 people found this helpful  

Don't Work Here Unless You Cannot Work Anywhere Else

Business Analyst (Current Employee)
Houston, TX (US)

I have been working at Situs full-time for more than a year

ProsNone, none, more none, and then again more no pros

ConsThis company is so disorganized and so bent on hiring people with little to no experience so they can pay as little as possible. If their clients knew how their work was being handled, they would be appalled and would certainly move their business to a much more reputable and well known servicing company. Upper management is so unprofessional and emotional that they fire people that are smarter then themselves so they do not look bad. This company is a joke and will be bust very soon. Don't waste your time or effort in working here as you will truly regret that you left another job the day you walk in the door.

Advice to Senior ManagementGet rid of all current upper management or you will see this company in the list of failed companies soon.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Worst experience ever!!! Never work here!!!

Anonymous Employee (Current Employee)
Houston, TX (US)

I have been working at Situs full-time

ProsThe people you work with are great. They work hard and are truly great people.

ConsEverything else. Management is so busy stabbing each other in the back that they are always covering their own and therefore, throwing all of their employees under the bus. They don't care about the employees at all. They are all about themselves and trying to figure out how they can make a bigger bonus. They do not listen to their employees and they are constantly looking for ways to screw their employees over.

Advice to Senior ManagementStop lying about caring about your employees and that you are willing to make a change to improve things when you are not. Stop allowing your CHRO to intimidate and manipulate situations to make herself look better. She truly is one of the biggest factors in the backstabbing and the lack of trust that everyone has for one another and everyone knows it but no one does anything to change it. Actually make changes and hold people accountable for their actions. Value what people do and what they bring to the table.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Hard work, great learning opportunity

Anonymous Employee (Current Employee)
Houston, TX (US)

I have been working at Situs full-time for more than 5 years

ProsExcellent company to learn a great deal of information.

Your work and effort is noticed and rewarded with more responsibility.

ConsThis company has gone through numerous layoffs in the past couple years. Some deserving some not. The pay is low considering the work load you are expected to handle.

Advice to Senior ManagementTo attract top applicants, you must pay a premium.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Hasn't been called The Situs Companies for a over 2 years now, new ownership. Called Situs now.

Vice President (Current Employee)
Houston, TX (US)

I have been working at Situs full-time for more than 5 years

ProsNew owner is mortgage legend Lewis Ranieri. Old owners where disconnected and irrelevant, no wonder poor reviews. Company has expanded aggressively in US and Europe over past two years and is market leader in outsourced due diligence and retained risk loan servicing and asset management. Client list represents top banks and private equity firms globally. Situs is a good place for those looking for career exposer and an opportunity to learn.

ConsPoor reputation of prior owners have been challenge for company recruiting in Houston. Company has 11 offices in US and Europe.....culture is progressive, educational and supportive. wish there was a direct program for equity ownership by employees, although deferred comp plan put in place in '12 is a big step in the right direction.

Advice to Senior ManagementToot your own horn a little more. You guys survived the greatest market downturn in modern history, and came back stronger than you were before. good job, glad to be part of the team!

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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The change is huge - and all for the good

Anonymous Employee (Former Employee)
Houston, TX (US)

I worked at Situs full-time for more than 3 years

ProsGenerous Bonus payments
Good salary
Benefit package upgraded is now the best
11 public holidays
Above average vacations
Great opportunities to transfer internally (domestic and international)
Moving to new offices at the beginning of the Fall.

ConsHard work and occasional long hours.
Sometimes, supervisors get so wrapped up in their own work they dont take the time to mentor junior staff.

Advice to Senior ManagementWith the growth of Situs and the change in management we have seen a very pleasant change. Please keep it going.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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3 people found this helpful  

This place sucks the Soul out of You!

Anonymous Employee (Former Employee)
Houston, TX (US)

I worked at Situs full-time for more than a year

ProsNone. And I must emphasize how bleak this company is.

ConsManagement is out of touch, arrogant, disrespectful and downright dangerous.

Advice to Senior ManagementQuit before you get fired.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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3 people found this helpful  

Great chance for growth..... if you last that long

Desktop Support Analyst (Former Employee)
Houston, TX (US)

I worked at Situs full-time for more than a year

ProsGreat amount of holidays
Lots of time off (if they allow you to take it)
Good pay
A lot of freedom to grow if you last long enough

ConsCompany claims to want to change from their old ways but any chance they get they go back to their old ways
Very clicky and most people act like they are in high school. If the right people don't like you they will make your life hell
Very high exceptions from management,

Advice to Senior ManagementFollow what you say and maybe look at the people you have running the place and how they treat other people

No, I would not recommend this company to a friend

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3 people found this helpful  

Do not work here!!!

Anonymous Employee (Former Employee)
Houston, TX (US)

I worked at Situs full-time

ProsIntelligent co-workers
Business-casual dress attire
Some attempts by senior management to improve the business climate. The new CEO clearly has a better direction in my mind for the company. If he cleans out current senior management at the director level and above, in the future, this might be a more bearable place to work at.

ConsThey do not train you well and then get mad when you make mistakes. And on top of that, they won't even tell you that you are making errors! Younger employees are used as scapegoats by senior employees when things go wrong. Senior management at the Director level is unprofessional and unethical. They will lie to you and clients and speak about matters that should be discussed behind closed doors in front of a room of people. Investment banking type hours for below market salary. In summary, horrendous management, terrible hours, poor training, and back stabbing among piers. They set you up to fail and then fire you.

Advice to Senior ManagementClean out management at the director level above and start over. Learn to care about what your employees think instead of using them as scapegoats when things go wrong. Learn ethics. Learn professional business conduct.

No, I would not recommend this company to a friend

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3 people found this helpful  

Improving in the right direction, just taking awhile.

Anonymous Employee (Current Employee)
Houston, TX (US)

I have been working at Situs full-time

ProsSitus has a good culture, values and giving back to others. You can also gain much experience and knowledge from working here. The atmosphere is generally nice to be around.

ConsThis company has a hard time retaining employees. In certain departments, Management tends to forget about lower level employees. There is also an unspoken bitterness with some of the employees who have been with Situs before it started changing.

Advice to Senior ManagementLearn how to through with what you've promised. For example, year end bonuses, moving our company location, etc.

No, I would not recommend this company to a friend

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2 people found this helpful  

good work experience, could share the wealth a bit better with employees

Financial Analyst (Former Employee)
Houston, TX (US)

I worked at Situs full-time for more than 3 years

Prosgood way to learn the RE industry; exposure to lots of different facets of the industry. good # of vacation days even for new employees. potential to improve with new ownership.

Conscompensation is not great, management (some, not all) blatantly lies to your face and actually thinks they are pulling a fast one on employees. since compensation is not great can attract some below average co workers and you will be expected to help carry their workload, even if they are higher paid/position but worse workers.

Advice to Senior Managementtreat your employees better compensation wise else will not be able to attract and retain top quality employees. keep moving in the right direction.

No, I would not recommend this company to a friend

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Glassdoor is your free inside look at Situs reviews and ratings in Houston, TX — including employee satisfaction and approval rating for Situs CEO D. Keith Johnson. All 18 reviews posted anonymously by Situs employees.