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

Coldwell Banker Reviews

Updated Jul 9, 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
250 Employee Reviews
Relevance Date Rating
in

Review Highlights

Pros:
  • "The training is helpful as well as the brand name recognition"
    in 13 reviews
  • "Formal training program on the in's and out's of real estate a good knowledge basis"
    in 11 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
  • Show more review highlights

Reviews

    • Culture & Values
           
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    • No Opinion of CEO

     

    Outstanding

    Realtor (Current Employee)
    Kapolei, HI

    ProsProfessionalism, training programs offered, ongoing support.

    ConsI haven't really found anything that I'm not satisfied with.

    Advice to Senior ManagementKeep up the good work!

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

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    Good work environment

    Anonymous Employee (Current Employee)

    ProsFriendly work environment, knowledgeable staff, great growth prospects

    ConsThe office is beginning to run out of space

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    • Culture & Values
           
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    Positive experience at Lincoln Park Plaza, but lack of a recycling program was discouraging.

    Contract Manager (Former Employee)
    Chicago, IL

    ProsOutstanding facilities and free Starbucks coffee. Catered lunches on Thursdays for employees was also a plus. Management smartly used these lunches to incentivize agents to come to the office to attend weekly continued learning seminars.

    ConsAsked many times for management to hire a recycling service to no avail. Unbelievable amount of paper thrown into trash cans.

    Advice to Senior ManagementContinue the weekly lunches, but listen to employee's concerns about the lack of a recycling program.

    Yes, I would recommend this company to a friend

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    Great company

    Realtor (Current Employee)
    Okemos, MI

    ProsNational exposure, great support tools

    ConsPrinters and phones have issues!

    Advice to Senior ManagementKeep technology up to date!

    Yes, I would recommend this company to a friend

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    .

    Weekend Reception (Current Employee)
    Houston Heights, TX

    ProsLovely Staff! Great Enviroment! I absolutly love it here!!

    ConsNo weekend. Not great pay.

    Advice to Senior ManagementYou're doing a wonderful job.

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

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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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    No training, no camaraderie.

    Realtor (Former Employee)

    ProsGreat pump you up meetings, recognition meetings, broker answers willing to answer questions. If you find the right person they will help you.

    ConsThe only business where the old eat their young. Expect to get taken advantage of.

    Advice to Senior ManagementFormal training, a mentor program. Help younger realtors, besides allowing them to sit open houses for more seasoned agents who know it is a waste of their precious time.

    Yes, I would recommend this company to a friend

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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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    Awesome company to work for!

    Sales Associate - Real Estate Agent - Realtor (Former Employee)
    Atlanta, GA

    ProsProvides great management, and can earn more than average compensation along with flexibility!

    ConsIt's a lot of hard work that requires confidence and motivation

    Advice to Senior ManagementDoing an awesome job! Keep it up!!

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

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    realtor

    Anonymous Employee (Current Employee)

    Proslarge company good advertising many locations

    Consbad pay split, not much help for new realtors

    Advice to Senior Managementbe nicer

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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 250 reviews posted anonymously by Coldwell Banker employees.