Coldwell Banker Residential Brokerage

  www.coldwellbankeratlanta.com
  www.coldwellbankeratlanta.com
There are newer employer reviews for Coldwell Banker Residential Brokerage

 

This company has great marketing and management, but does not cater to the small production agents.

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

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

Pros

The Boulder management is caring as well as very capable and positive. The company wide marketing is the best in the country. Attitude in office is excellent. Their present push is to get experienced higher producing sales people, rather than beginning agents. Their current gain in market share, particularly in the higher priced properties shows that this strategy is working well.

Cons

Their commission schedule is very expensive for the average or below average sales agent.

Advice to ManagementAdvice

Keep up the good work, but also try to keep a mix in the office of high and low producing agents, as this produces a mix of styles, skills and personalities. An office of all "type A' will not be a happy place.

Recommends
Positive Outlook

85 Other Employee Reviews for Coldwell Banker Residential Brokerage (View Most Recent)

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  1.  

    By far, the most supportive and professional real estate company to work with

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Agent in San Diego, CA
    Current Employee - Agent in San Diego, CA

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

    Pros

    Managers available for advice and contract help. Even senior management will work with agents on issues if needed without making you feel silly for asking. No issue too big or two small. Continuing education in trends and market is strong and helpful to business.

    Cons

    Income is not as reliable as a 9-5 job. It's feast or famine in real estate.

    Advice to ManagementAdvice

    Continue to support / identify ways to produce consistent income

    Recommends
    Positive Outlook
  2.  

    Great training and lots of help from colleagues

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

    I have been working at Coldwell Banker Residential Brokerage as a contractor (more than 3 years)

    Pros

    The company offers training courses and there is no shortage of people you can go to.

    Cons

    Large franchise fee of 6% taken off the top but charged only to agent's side of the commission, so more like 10% additional franchise fee. Large ENO fee of $2300 per year which is the same even if 0 or 1 or 2 or 1000 transactions are done versus paying per transaction. Agents creating a much higher degree of liability pay the same is an agent creating very little liability.

    Recommends
    Neutral Outlook
There are newer employer reviews for Coldwell Banker Residential Brokerage

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