Coldwell Banker

www.coldwellbanker.com

Coldwell Banker Reviews

Updated January 27, 2015
Updated January 27, 2015
296 Reviews
3.8
296 Reviews
Rating Trends

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Coldwell Banker President and Chief Executive Officer Budge Huskey
Budge Huskey
21 Ratings

Review Highlights

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

  • Has great name/brand recognition at all price points (low-, medium-, and high-priced housing) (in 12 reviews)


Cons
  • The commission split is low compared to other brokerages (in 20 reviews)

  • Unpaid, no benefits and you pay for your own advertising resources (in 10 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    This was a positive experience for me. It helped to get me back into the work force after going back to college.

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

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

    Pros

    All of my colleagues were positive, upbeat, and hard working individuals always working to the best of their abilities and also encouraging the same of me.

    Cons

    Like many other business. The seasons are "All" or "Nothing". Meaning there are times when it gets chaotic and crazy busy with lots going on at once. But they were a great team always working together to achieve success in the end.

    Advice to ManagementAdvice

    N/A

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    A solid real estate company

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

    I worked at Coldwell Banker

    Pros

    Flexible hours, good work-life balance, strong brand name.

    Cons

    None really. Other agents aren't always friendly, but that's to be expected in real estate.

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    Great Company

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

    I have been working at Coldwell Banker

    Pros

    Great company to work for especially if you are just getting started in the business. They give you all the right tools for success, It's just up to the person to utilize them.

    Cons

    The commission split is high

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


  5.  

    Rewarding

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Real Estate Salesperson
    Current Employee - Real Estate Salesperson

    I have been working at Coldwell Banker full-time (more than a year)

    Pros

    Great mentorship, incredible amount of resources for advertising, constant contact, etc. Feels good to have the most trusted name in Real Estate behind me.

    Cons

    No salaries, but that comes with the line of work.

    Advice to ManagementAdvice

    Perhaps more corporate events & culture. Especially for the young folk.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Great training program for new REALTORs...

    • Culture & Values
    • Career Opportunities
    Current Employee - Sales Associate in Orlando, FL
    Current Employee - Sales Associate in Orlando, FL

    I have been working at Coldwell Banker

    Pros

    In depth program offered monthly...but can attend as much as needed. Great material for reference later in your career.

    Cons

    Offered only monthly but can attend as much as needed

  7.  

    Top Shelf Real Estate Brokerage

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Broker Associate in Roseville, CA
    Current Employee - Broker Associate in Roseville, CA

    I have been working at Coldwell Banker full-time (more than a year)

    Pros

    Coldwell Banker provides great training, has excellent in office support, and responsive managers. They are very pro-agent, and have a deep level of commitment to seeing their agents succeed. Terrific resources for agents to provide great customer service.

    Cons

    As with any large company, it takes a while to learn all the resources and take advantage of them.

    Recommends
    Positive Outlook
  8.  

    Solid company to work for with good support. Quality people and reputation. Looked at highly in the real estate comm.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Real Estate Agent in Bakersfield, CA
    Former Employee - Real Estate Agent in Bakersfield, CA

    I worked at Coldwell Banker full-time (more than 5 years)

    Pros

    Solid company to work for with good support. Quality people and reputation. Looked at highly in the real estate comm.

    Cons

    You are expected to put the work in and hustle. There is a lot of good competition with other agents to be successful.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Real Estate Agent

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

    I have been working at Coldwell Banker full-time (more than 3 years)

    Pros

    Scheduling my own appts and being able to be flexible

    Cons

    franchise fees / too many fees taken out

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    It was great working at Bali hai. The staff was awesome and treated you great.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Outside Service in Las Vegas, NV
    Former Employee - Outside Service in Las Vegas, NV

    I worked at Coldwell Banker

    Pros

    You get to work with all different types of ppl.

    Cons

    It gets very hot working outside

    Advice to ManagementAdvice

    Nothing

    Recommends
    Positive Outlook
  11.  

    Career Purgatory

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Coldwell Banker full-time (more than 5 years)

    Pros

    Industry leader. Coldwell Banker is a respected brand worldwide. Solid place to start a career. The networking is outstanding for advancement outside of real estate. Outstanding health insurance packages, stock options and retirement plan. Many employees seem to start their careers here. Leave and come back to retire.

    Cons

    Bi-polar company culture. Senior leadership is an old boys club. Pay is average with little to no raises. Job titles do not reflect salaries. High turnover rate. Opportunities for advancement are offered to a select few.

    Advice to ManagementAdvice

    My advance to management is to live up to your claims throughout the company. Saying your ethical does not make it so. Give positions to employees based on skill not favoritism.

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