Coldwell Banker
3.8 of 5 250 reviews
www.coldwellbanker.com Parsippany, NJ 5000+ Employees

Coldwell Banker Reviews

Updated Jun 26, 2014
Coldwell Banker – US – “Coldwell Banker Commercial NRT”

All Employees Current Employees Only

3.8 248 reviews

                             

75% Approve of the CEO

Coldwell Banker President and Chief Executive Officer Budge Huskey

Budge Huskey

(4 ratings)

77% of employees recommend this company to a friend
13 Employee Reviews Back to all reviews
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    Excellent name recognition - with no follow through

    Broker (Former Employee)
    Raleigh, NC

    ProsName recognition, a good starting point.

    ConsWhere to start? DO NOT WORK HERE. They will charge you fees upfront to get you started under the guise of "training materials" and "technology fees" but will not help you actually practice anything relating to the reason you got your real estate license to begin with. I would rather have actual leads than an iPad. Their so-called training is basically just to be nice to people and listen well - i.e. basic human interaction pointers - and you have to complete ALL of it and pay ALL of your $200+ fees in order to just be able to answer a phone call coming into the office for phone duty. They have a speaker who comes in to give you guidance on believing in yourself while pushing a $700 class. When I politely told them I had chosen to go another direction and go with another firm, they badmouthed that firm and personally attacked the owner. Not exactly professional, but I guess business really is dirty.

    They take in new agents who don't know any better, make them do the grunt work they don't feel like doing anymore (like open houses) and pretend like they like you when you come in to meet them but change temperature as soon as you sign the dotted line.

    Do NOT let big name real estate firms take your money.

    Advice to Senior ManagementGive us leads instead of iPads.

    No, I would not recommend this company to a friend

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    Lots of Bait and Switch

    Anonymous Employee (Former Employee)
    Northbrook, IL

    ProsPeople at the corporate office in Northbrook are nice, including the president.
    Easy to get in and out of there without overtime.

    ConsEverything else was horrible. HR was a joke. Lots of bait and switch. Expectations for a certain level of quality and production, but absolutely no resources ($) allocated to reach that potential.

    Advice to Senior ManagementHire competent HR. Be truthful in job interviews.

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

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    Horrific Experience

    Anonymous Employee (Former Employee)
    Northbrook, IL

    ProsBenefits are fair. The messages conveyed from corporate are generally positive. I think they are trying to create a good culture, but they just aren't seeing the failing of Northbook's management.

    ConsManagement treats employees like crap. They have no interest in developing or even acknowleging your skills. Some of the managers are so unprofessional they show blatent favoritism between employees. Decisions are made about your role and/or future with the company without you even being invited to be part of the conversation. If you attempt to voice your concerns about any mistreatment, their no retailiation policy will be through out the window. You can be sure your boat will sink thereafter!
    There is no room for advancement and you are not recognized or rewarded for hard work.

    Advice to Senior ManagementThe corporate office (NJ) should take a hard look at the reasons for such high turnover and then start turning over some of the poor management currently in place!

    No, I would not recommend this company to a friend

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    Out for there Own

    Anonymous Employee (Former Employee)
    Northbrook, IL

    ProsZero for me, I commuted hours to this office daily and had to deal with idots all day long.

    ConsCommitted almost 4 years of service without any pay increase, senior management only care about themselves especially the Director of Finance and CFO -Both now work together with a different company. You will receive zero recognition for your hard work and long hours, the culture and values of this office are awful....and always low on staff - if like myself you will be taking on roles of different departments with zero overtime pay....good riddance.

    Advice to Senior ManagementTake notice of your staff, and reward them for hard work

    No, I would not recommend this company to a friend

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    Left on my own - no help becoming established in my field.

    Realtor (Current Employee)
    Shepherdstown, WV

    ProsGood online training - nice people.

    Consno help for a new employee

    Advice to Senior Managementneed to court your employees

    No, I would not recommend this company to a friend

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    Terrible company to work for!

    Anonymous Employee (Former Employee)
    Joliet, IL

    ProsThere is no good reason to work for this company

    ConsThe owner of the company

    Advice to Senior ManagementBe nice to your employers

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

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    I would go to another company or at least a different office

    Realtor (Former Employee)
    Studio City, CA

    ProsBrand recognition, High-end market share.

    ConsCopiers, printers always breaking down. Network always down. Moody support staff.

    Advice to Senior ManagementHire better office managers. Dont hire managers with revoked broker's license.

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

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    In the beginning management and staff were very helpfull

    Anonymous Employee (Former Employee)
    Las Vegas, NV

    ProsBrand name helps give you recognition.

    ConsThe staff and management now are not in touch with the Real Estate market and how the agents are affected.

    No, I would not recommend this company to a friend

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    Poor place to work

    Anonymous Employee (Current Employee)
    Parsippany, NJ

    ProsIts a job
    Jim does a great job as CEO - if its just a figure-head, pr speaker, or business related decision - He isnt involved in the running of the corp office where help IS needed. (for the minimum staff)

    ConsThey dont promote hard workers, continually the same individuals move 'up'
    They want to say the lead the way in technology yet dont provide it to the workers to test with and use.

    Advice to Senior ManagementRealize that its a bit backwards - look at all the Directors and above positions, then cut that number by a third and you have all the rest, the real 'workers'.

    No, I would not recommend this company to a friend

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    Sales

    Anonymous Employee (Current Employee)
    Fort Myers, FL

    ProsWork on your own without strict reporting

    ConsReports are not necessary and are overly tedious

    Advice to Senior ManagementStop reports as they are not useful to sales only to managers

    No, I would not recommend this company to a friend

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Glassdoor is your free inside look at Coldwell Banker reviews and ratings — including employee satisfaction and approval rating for Coldwell Banker CEO Budge Huskey . All 13 reviews posted anonymously by Coldwell Banker employees.