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. 1 person found this helpful  

    Stuck without advancement

    • 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

    friendly atmosphere, great people to work with, they are always trying to keep up with technology. Always ahead of the game

    Cons

    too much politics, they release new technologies too soon without proper testing and too many problems.

    Advice to ManagementAdvice

    promote and increase pay, some people are desperate to keep their jobs but to keep valued employees you need to give reason to stay.

    Positive Outlook
    Approves of CEO
  2.  

    RN

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Marketing Manager in Tenn Colony, TX
    Former Employee - Marketing Manager in Tenn Colony, TX

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

    Pros

    great and fun a wonderful work enviroment

    Cons

    none always watching out for agents and clients

    Advice to ManagementAdvice

    Keep up the wonderful hard work we really appreciate it

    Recommends
    Positive Outlook
    No opinion of CEO
  3.  

    Awesome company to work for!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Sales Associate - Real Estate Agent - Realtor in Atlanta, GA
    Former Employee - Sales Associate - Real Estate Agent - Realtor in Atlanta, GA

    I worked at Coldwell Banker full-time (more than 3 years)

    Pros

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

    Cons

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

    Advice to ManagementAdvice

    Doing an awesome job! Keep it up!!

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    realtor

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Coldwell Banker

    Pros

    large company good advertising many locations

    Cons

    bad pay split, not much help for new realtors

    Advice to ManagementAdvice

    be nicer

  6. 1 person found this helpful  

    Excellent name recognition - with no follow through

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

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

    Pros

    Name recognition, a good starting point.

    Cons

    Where to start? DO NOT WORK HERE. They will charge you fees upfront to get you started under the guise of "training materials" and "technology fees" but will not help you actually practice anything relating to the reason you got your real estate license to begin with. I would rather have actual leads than an iPad. Their so-called training is basically just to be nice to people and listen well - i.e. basic human interaction pointers - and you have to complete ALL of it and pay ALL of your $200+ fees in order to just be able to answer a phone call coming into the office for phone duty. They have a speaker who comes in to give you guidance on believing in yourself while pushing a $700 class. When I politely told them I had chosen to go another direction and go with another firm, they badmouthed that firm and personally attacked the owner. Not exactly professional, but I guess business really is dirty.

    They take in new agents who don't know any better, make them do the grunt work they don't feel like doing anymore (like open houses) and pretend like they like you when you come in to meet them but change temperature as soon as you sign the dotted line.

    Do NOT let big name real estate firms take your money.

    Advice to ManagementAdvice

    Give us leads instead of iPads.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7.  

    A little behind the times, but overall a good company.

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

    I worked at Coldwell Banker as a contractor (more than 5 years)

    Pros

    Good brand loyalty, decent training opportunities, freedom to grow your business.

    Cons

    Some aspects of the company seem out-of-date (some of their marketing)

    Advice to ManagementAdvice

    Work to improve marketing, especially in the areas of diversity and younger buyers.

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    Love Coldwell Banker!

    • 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

    Ethical management, great training and income potential if you work hard

    Cons

    commission only and I am self-employed.

    Recommends
    Positive Outlook
  9.  

    "Great company and positive work environment"

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

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

    Pros

    Great people, highest level of professionalism, great support to new real estate agents and very organized.

    Cons

    For the most part your compensation is affected by the state of the economy and your current real estate market.

    Recommends
    Positive Outlook
    No opinion of CEO
  10. 2 people found this helpful  

    Real Estate Agent

    Current Employee - Real Estate Agent in New York, NY
    Current Employee - Real Estate Agent in New York, NY

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

    Pros

    International Brand, ongoing training, many office locations in NYC to work out of and a great diversity of experienced professionals. The database of rentals/sales is well maintained.

    Cons

    Real estate is a tough industry to break into and it can take a long time to create the proper network. Unpaid, no benefits and you pay for your own advertising resources.

  11.  

    Overall fair experience

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Coldwell Banker

    Pros

    Good support to real estate agents

    Cons

    Low pay scale/benefits for staff

    Doesn't Recommend

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