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

Coldwell Banker Reviews

Updated Jul 7, 2014
Coldwell Banker – US – “Coldwell Banker Commercial NRT”

All Employees Current Employees Only

3.8 250 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
43 Employee Reviews Back to all reviews
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    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.

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    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

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    1 person 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.

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    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

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    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

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    My experience at CBJ Tokyo

    Anonymous Employee (Former Employee)

    ProsLearned a lot about the Japanese work ethic

    ConsToo much frustration coming fro management

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    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

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    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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    • Culture & Values
           
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    • Approves of CEO

     

    Branch Administration for Real Estate Company

    Office Administrator/Marketing Coordinator (Current Employee)
    Dallas, TX

    ProsThe company has awesome benefit package. Online training is provided as well on current technology.

    ConsBranch offices can be understaffed and hectic along with limited support from corporate office.

    Advice to Senior ManagementProvide more support to branch staff and agents.

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

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    Sales agent

    Real Estate Agent (Former Employee)
    Little Rock, AR

    ProsIf you are new, this is a good place to start out because the training is fantastic.

    ConsCompare to other real estate company the commission is not as great.

    Yes, I would 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 43 reviews posted anonymously by Coldwell Banker employees.