Coldwell Banker Residential Brokerage Reviews | Glassdoor

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Coldwell Banker Residential Brokerage Reviews

Updated February 11, 2018
265 reviews

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3.9
StarStarStarStarStar
Rating TrendsRating Trends
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Approve of CEO
Coldwell Banker Residential Brokerage President and CEO Bruce Zipf
Bruce Zipf
5 Ratings

265 Employee Reviews

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Pros
  • Great training by managers who care, great enviroment for learning, getting help and growing (in 20 reviews)

  • Training and support is available (in 9 reviews)

Cons
More Pros and Cons

  1. "NRT is a great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Education Manager in Sarasota, FL
    Current Employee - Education Manager in Sarasota, FL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Coldwell Banker Residential Brokerage full-time (Less than a year)

    Pros

    Communication, Clearly defined roles and goals, Great benefits

    Cons

    Very structured and corporate, Takes a long time for change, Still need to use more technology

    Advice to Management

    Stop overvaluing college degrees


  2. "Amazing experience with the Jennifer Ames Chicago Team, if you have it in you"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Coldwell Banker Residential Brokerage full-time

    Pros

    Learning from one of the best real estate agents in the US. Smart, driven and fun team members. Working with amazing clients and beautiful homes. Jennifer Ames truly cares for her team and clients.

    Cons

    Jenny has very high standards and sometimes it is hard to meet her expectations. Our clients also have very high standards and requests can come in 24 x 7 x 365 .

    Advice to Management

    Hire additional people , so they can cover for each-other. Streamline your systems with technology. Both will reduce the pressure on the team.

  3. Helpful (1)

    "Not bad place to work"

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

    I have been working at Coldwell Banker Residential Brokerage full-time

    Pros

    Tutition Reimbursement, Paid days off, no work on your vacation

    Cons

    Not flexible to work at home ever.


  4. "ReaL Estate Agent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Real Estate Agent in Washington, DC
    Former Employee - Real Estate Agent in Washington, DC
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Coldwell Banker Residential Brokerage full-time (More than a year)

    Pros

    Sky is the limit on earning potential. Management was very supportive.

    Cons

    Managing Broker is very limited for time. Should add a sales manager.

    Advice to Management

    Keep up the good work.


  5. "Realtor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Realtor in Danbury, CT
    Current Employee - Realtor in Danbury, CT
    Recommends
    Positive Outlook

    I have been working at Coldwell Banker Residential Brokerage full-time (More than 10 years)

    Pros

    Good name, good ethics and values, world wide company, good technology, their own in house mortgage company,top relocation company part of Cartus

    Cons

    slow on tech support assistance


  6. Helpful (1)

    "Fair"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Coldwell Banker Residential Brokerage full-time

    Pros

    Coworkers - that is really it.

    Cons

    Recent changes not being implemented, executed or received well. Poor overall morale.


  7. Helpful (1)

    "Busy work and high commission splits with no benefits"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Real Estate Agent in Englewood, CO
    Former Employee - Real Estate Agent in Englewood, CO
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I worked at Coldwell Banker Residential Brokerage full-time (Less than a year)

    Pros

    There are a lot of classes and agents, so it has a fun atmosphere.

    Cons

    50% of agents fail their first year - I suspect it's due to the Coldwells, KWs and Remax offices that take what ends up to be 40% of your commission, plus monthly fees and zero leads (you have to pay extra for that even though they use your listings and website leads to sell to the agents that buy leads). You still have taxes, healthcare, mileage and your marketing expenses. This model has become archaic. There are SO many emerging brokerages that take 0-10% splits, even for new agents.

    Advice to Management

    Working for Coldwell felt like working for big Corporate. I work hard and you take all of my money. Help your agents become successful and pay for their marketing and farm areas if your going to take all of their money... Sothebys does.

  8. "Great Place to Work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Coldwell Banker Residential Brokerage full-time

    Pros

    Wonderful co workers and staff. Great environment.

    Cons

    None at all. Great company.


  9. "Receptionist"

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

    I have been working at Coldwell Banker Residential Brokerage part-time

    Pros

    Wonderful work environment. Great management.

    Cons

    There are no downsides to working at this company.


  10. "Sales Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Associate
    Current Employee - Sales Associate
    Recommends
    Neutral Outlook

    I have been working at Coldwell Banker Residential Brokerage full-time (More than a year)

    Pros

    The best training provided - hands down!

    Cons

    They initially take a much larger portion of your commissions.


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