Coldwell Banker

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Coldwell Banker Reviews

Updated Jul 25, 2014
Coldwell Banker – US – “Coldwell Banker Commercial NRT”

All Employees Current Employees Only

3.8 253 reviews

60% Approve of the CEO

Coldwell Banker President and Chief Executive Officer Budge Huskey

Budge Huskey

(5 ratings)

77% of employees recommend this company to a friend

Review Highlights

Pros
  • Name recognition, a good starting point(in 14 reviews)

  • Formal training program on the in's and out's of real estate a good knowledge basis(in 12 reviews)


Cons
  • tier based commission splits, although this is a trade off in exchange for no desk fees(in 17 reviews)

  • Unpaid, no benefits and you pay for your own advertising resources(in 9 reviews)

45 Employee Reviews Back to all reviews
Relevance Date Rating
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    all about the company

    Anonymous Employee (Former Employee)

    Prosmajor player in the real estate market

    Constakes too many fees. no support unless you are a top agent.

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Customer Service

    Anonymous Employee (Current Employee)

    ProsMeeting People, Easy to learn the business

    ConsThe compensation is not up to par with the rest of the industry.

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Standing Still

    Sales Representative (Current Employee) Pittsburgh, PA

    ProsA lot of training and support, especially for new hires.

    ConsAs technology expands, CB is trying to stay on the cutting edge and jump in front of many other companies. The problem is, that with each of these expansions, there is a trickle down cost to the independent contractors (sales agents) in the company.

    Advice to Senior ManagementStop increasing the amount of $$ taken form each agents profit. We spend so much time and energy on our clients, in the field with them and behind the scenes of transactions making sure we get from showing, to sale to close. I often feel like I make minimum wage when I add up the hours worked on a sale and look at the actual commission made.

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

    1 person found this helpful  

    Stuck without advancement

    Anonymous Employee (Former Employee)

    Prosfriendly atmosphere, great people to work with, they are always trying to keep up with technology. Always ahead of the game

    Constoo much politics, they release new technologies too soon without proper testing and too many problems.

    Advice to Senior Managementpromote and increase pay, some people are desperate to keep their jobs but to keep valued employees you need to give reason to stay.

    – I'm optimistic about the outlook for this company

    2 people found this helpful  

    Real Estate Agent

    Real Estate Agent (Current Employee) New York, NY

    ProsInternational Brand, ongoing training, many office locations in NYC to work out of and a great diversity of experienced professionals. The database of rentals/sales is well maintained.

    ConsReal estate is a tough industry to break into and it can take a long time to create the proper network. Unpaid, no benefits and you pay for your own advertising resources.

     

    Overall fair experience

    Anonymous Employee (Former Employee)

    ProsGood support to real estate agents

    ConsLow pay scale/benefits for staff

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Associate Broker

    Associate Broker (Former Employee) Snellville, GA

    ProsThe marketing for listings is phenomenal. They provide sufficient resources to properly train and agent.

    ConsManagement is not properly trained to deal with different sales personality. They are rigid in their approach to sales, not allowing for agents to properly take the lead in their own success.

    Advice to Senior ManagementGrowth in management style would allow agents to become more successful, training sessions are not taken seriously because the sessions are seen as a venting session as oppose to a time for informative review.

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

     

    My experience at CBJ Tokyo

    Anonymous Employee (Former Employee)

    ProsLearned a lot about the Japanese work ethic

    ConsToo much frustration coming fro management

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Could be better

    Sales (Current Employee) Kissimmee, FL

    ProsThe name Coldwell banker is a recognized brand

    Conslack of support from broker-owner

    Advice to Senior ManagementBroker-owner should spend at least 10 mins of her day and greet someone or a few from the office instead of avoiding everyone.

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Sales Associate

    Sales Associate (Current Employee) Dallas, TX

    ProsExcellent brand recognition, marketing materials, agent and property website, ICSC support, and webinars.

    ConsMust be an experienced agent with an existing stable of clients as there isn't any lead generation. 100% commission.

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

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