Coldwell Banker Reviews

Updated July 3, 2015
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Coldwell Banker President and Chief Executive Officer Budge Huskey
Budge Huskey
11 Ratings

Pros
  • Great name recognition, great referral program (in 14 reviews)

  • Exemplary Training, great website, and Brand recognition are a few of the perks offered at Coldwell Banker (in 12 reviews)

Cons
  • Company commission split is higher than I would like (in 20 reviews)

  • sometimes inflexible, no benefits for realtors (in 10 reviews)

More Pros and Cons

119 Employee Reviews

Sort: Popular Rating Date
  1. Real Estate Agent

    Former Employee - Real Estate Agent in Parsippany, NJ
    Former Employee - Real Estate Agent in Parsippany, NJ

    I worked at Coldwell Banker (More than a year)

    Pros

    Independence and freedom of running your own business. Able to get out what you put into your work. Working with people and making friends for life.

    Cons

    The pay structure is 100% commission plus the expense of your office and advertising can become costly especially during start up.


  2. Salesperson Agent

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Licensed Real Estate Sales Associate in Paramus, NJ
    Current Employee - Licensed Real Estate Sales Associate in Paramus, NJ

    I have been working at Coldwell Banker (Less than a year)

    Recommends
    No opinion of CEO
    Recommends
    No opinion of CEO

    Pros

    Excellent Training offered to new agents and a lot of free resources are provided

    Cons

    Fees can be expensive and add up


  3. Great place to be as a new agent

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Realtor in Alpharetta, GA
    Current Employee - Realtor in Alpharetta, GA

    I have been working at Coldwell Banker

    Recommends
    Recommends

    Pros

    Training, coworkers, low monthly fee, office support,free leads

    Cons

    Commission split starts low (but does move up).


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Good support for realtors

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Freelancer - Anonymous Freelancer
    Current Freelancer - Anonymous Freelancer

    I have been working at Coldwell Banker (More than a year)

    Pros

    Lots of training resources, regular meetings and support, solid company name and background, large international presence, strong referral system

    Cons

    Not as innovative as some of the newer and more localized real estate companies, online system (Gateway) isn't as easy to use as it could be


  6. Real estate agent

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Coldwell Banker

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great job great place to work

    Cons

    None great place to work


  7. Helpful (1)

    Ehh

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Coldwell Banker full-time

    Doesn't Recommend
    Doesn't Recommend

    Pros

    Great work environment friendly staff

    Cons

    Unorganized
    Management needs help
    More employee involvement would be great

    Advice to Management

    Speaking down to employees should never be relevant in any business


  8. Helpful (1)

    Broker

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Real Estate Broker in Raleigh, NC
    Current Employee - Real Estate Broker in Raleigh, NC

    I have been working at Coldwell Banker (More than 3 years)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    You work your own business, support is available when you need it but not a lot of required time commitments.

    Cons

    1099 employee strait commissions. It costs money to get started in the business with generally little return on the investment in the beginning. You must be able to dedicate your time and be self driven to succeed

    Advice to Management

    Provide more structure and support in the form of mentoring to new recruits in the business. It pays in the long term to invest in new agents in the short term.


  9. real estate agent

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Coldwell Banker part-time

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    this is a good place to work

    Cons

    this is not a bad place to work


  10. Was my stepping stone

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Direct Support Staff in Oak Brook, IL
    Former Employee - Direct Support Staff in Oak Brook, IL

    I worked at Coldwell Banker part-time (More than a year)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Office setting which enjoy. My branch manager at the time (Marone) was a true mentor and made the workplace truly enjoyable while getting the job done. Shame he retired since it was a true pleasure working there with him and the other real estate agents.

    Cons

    Not much - at times it got stressful but the reality of it was that you have to have tough skin at times.

    Advice to Management

    None at this time.


  11. Real Estate Agent - Coldwell Banker

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    Former Contractor - Real Estate Agent in Sherman Oaks, CA
    Former Contractor - Real Estate Agent in Sherman Oaks, CA

    I worked at Coldwell Banker as a contractor (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Worked as an agent starting off, got a great commission split and nice company.

    Cons

    High E&O insurance and expenses



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