Coldwell Banker Reviews

Updated August 1, 2015
122 reviews filtered by
  • Any Location
  • Any Job Title
  • Any Status
Employment Status

Reset
4.0
Rating Trends
Recommend to a friend
Approve of CEO
Coldwell Banker President and Chief Executive Officer Budge Huskey
Budge Huskey
12 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

122 Employee Reviews

Sort: Popular Rating Date
  1. Sales Associate, Realtor

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Coldwell Banker

    Pros

    The training is excellent and has been beneficial.

    Cons

    I do not have any cons to share. The culture and environment is welcoming.


  2. Great company!

    • Work/Life Balance
    • Comp & Benefits
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Coldwell Banker

    Pros

    Good people, casual work environment, good hours. Short commute from my house. Enjoyed working with my supervisor.

    Cons

    pay wasn't that great, not a lot of paid time off


  3. DFW - Coldwell Banker Residential Brokerage, NRT

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Real Estate Agent in DFW, TX
    Current Employee - Real Estate Agent in DFW, TX

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

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

    Pros

    Great training program, particularly for new agents. Nice offices. Basic administrative support at each office. Good team support. The offices are run by managers who typically don't do real estate, but have in the past. They are not only very experienced but are able to dedicate more time to you because they aren't busy with their own real estate transactions.

    Cons

    Low commission split plus Admin Fee for each transaction, plus an additional Service Fee added to client representation contracts (NRT only) for both buyers and sellers. I usually waive this fee for my clients as I don't agree with charging them any additional fee's outside the usual commission. All this combined can put quite a dent in your commission.

    Advice to Management

    Be present. Some managers are more present and available than others.


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


  5. Helpful (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.


  6. Helpful (1)

    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


  7. 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).


  8. 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


  9. 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


  10. 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


  11. 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.



Showing 122 of 359 reviews
Reset Filters
RSS Feed </> Embed

Your response will be removed from the review – this cannot be undone.