Coldwell Banker

  www.coldwellbanker.com
  www.coldwellbanker.com

Coldwell Banker Reviews

Updated December 16, 2014
Updated December 16, 2014
284 Reviews
3.8
284 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Coldwell Banker President and Chief Executive Officer Budge Huskey
Budge Huskey
18 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.  

    Great Training and Support!

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

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

    Pros

    The best reason for working with the company is its people.

    Cons

    Company commission split is higher than I would like.

    Advice to ManagementAdvice

    Keep up the good work and continue the best training in the industry.

    Recommends
    Positive Outlook
  2.  

    Good company

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Coldwell Banker

    Pros

    Lots of training, activities and resources.

    Cons

    Local offices vary with what they offer.

    Advice to ManagementAdvice

    Keep supplies handy.

  3.  

    all about the 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 full-time

    Pros

    major player in the real estate market

    Cons

    takes too many fees. no support unless you are a top agent.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. 1 person found this helpful  

    Standing Still

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales Representative in Pittsburgh, PA
    Current Employee - Sales Representative in Pittsburgh, PA

    I have been working at Coldwell Banker full-time (more than 8 years)

    Pros

    A lot of training and support, especially for new hires.

    Cons

    As 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 ManagementAdvice

    Stop 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.

    Neutral Outlook
    No opinion of CEO
  6.  

    Customer Service

    • 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 full-time (more than 3 years)

    Pros

    Meeting People, Easy to learn the business

    Cons

    The compensation is not up to par with the rest of the industry.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7. 1 person found this helpful  

    Good work environment

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Coldwell Banker

    Pros

    Friendly work environment, knowledgeable staff, great growth prospects

    Cons

    The office is beginning to run out of space

  8. 1 person found this helpful  

    Great company

    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Realtor in Okemos, MI
    Current Employee - Realtor in Okemos, MI

    I have been working at Coldwell Banker full-time (more than 8 years)

    Pros

    National exposure, great support tools

    Cons

    Printers and phones have issues!

    Advice to ManagementAdvice

    Keep technology up to date!

    Recommends
    Approves of CEO
  9. 1 person found this helpful  

    .

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Weekend Reception in Houston Heights, TX
    Current Employee - Weekend Reception in Houston Heights, TX

    I have been working at Coldwell Banker part-time (more than an year)

    Pros

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

    Cons

    No weekend. Not great pay.

    Advice to ManagementAdvice

    You're doing a wonderful job.

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Contract Manager in Chicago, IL
    Former Employee - Contract Manager in Chicago, IL

    I worked at Coldwell Banker full-time (less than an year)

    Pros

    Outstanding 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.

    Cons

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

    Advice to ManagementAdvice

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

    Recommends
    Neutral Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    No training, no camaraderie.

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

    I worked at Coldwell Banker (more than 3 years)

    Pros

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

    Cons

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

    Advice to ManagementAdvice

    Formal 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.

    Recommends
    Neutral Outlook

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