Rapid Realty Reviews

2.3

30% would recommend to a friend

(34 total reviews)

Anthony Lolli

48% approve of CEO

9% positive business outlook

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
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
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
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

Glassdoor has 43 Rapid Realty reviews submitted anonymously by Rapid Realty employees. Read employee reviews and ratings on Glassdoor to decide if Rapid Realty is right for you.