Real Estate Firm New Home Star Takes No. 2 Spot on Glassdoor’s Best Places to Work in 2018 List
Posted: December 4, 2017
No. 2 ranking highest for a real estate firm in Glassdoor history
Chicago-based New Home Star, which also has an office in Elmhurst is the largest private seller of new homes in America. Recently, they were honored with a Glassdoor Employees’ Choice Award, recognizing the Best Places to Work in 2018. The Employees’ Choice Awards program, now in its 10th year, relies solely on the feedback of employees via Glassdoor, one of the fastest growing jobs and recruiting sites. New Home Star’s No. 2 ranking in the top 50 companies with less than 1,000 employees makes it the highest ranked real estate company since the inception of the list.
“We are continuously inspired and encouraged by the positive feedback we receive from our employees through Glassdoor,” said David Rice, founder and CEO of New Home Star. “We celebrate our top two position on this list, but our vision is to build the best sales team in the world and we still have work to do.”
Rice noted that annually, the Glassdoor list of best places to work is dominated by tech companies, so it’s quite the exception for a service company to be ranked so high. “We’re a traditional service company that has the privilege of selling the American Dream of new-home ownership, while using exciting and progressive technology to engage our people and drive a world-class culture that rivals some of the most innovative tech brands in the nation,” said Rice.
Ten years ago, the housing crash changed the trajectory of the real estate industry and drove many potential job applicants away, but things have changed for this Chicago-based firm. “We see upwards of 2,500 applicants a month interested in a career with us, and most of our millennial candidates research our culture and workplace extensively before ever making contact,” explained Rice.
On Glassdoor, current and former employees of companies worldwide can share insights and opinions about their work environments by sharing a company review, designed to capture a genuine and authentic inside look at what it’s like to work at particular jobs and companies. When sharing a company review on Glassdoor, employees are asked to rate their satisfaction with the company overall, and key workplace factors like career opportunities, compensation, benefits, work/life balance, senior management, as well as culture and values. In addition, employees are asked to describe the best reasons to work at their companies as well as any downsides.
“We know today’s job seekers are more informed than ever about where they go to work, researching everything from company culture to career opportunities to pay philosophy and more. To help people find companies that stand out from the pack, the Glassdoor Employees’ Choice Awards recognizes employers that are truly Best Places to Work because they’re determined by those who really know best - the employees,” said Robert Hohman, Glassdoor CEO and co-founder. “Employers where employees love to work continue to prove that they have a recruiting and business performance advantage. We’re proud to celebrate the 2018 winners as we mark our 10th anniversary of the Glassdoor Employees’ Choice Awards.”
The Best Places to Work are determined using company reviews shared by U.S.-based employees between Nov. 1, 2016 and Oct. 22, 2017. To be considered for the small and medium category, a company must have less than 1,000 employees and have received at least 25 ratings across eight workplace attributes from U.S.-based employees during the period of eligibility. The final list is compiled based on Glassdoor’s proprietary algorithm, and takes into account quantity, quality and consistency of reviews.