Coldwell Banker Reviews | Glassdoor

Coldwell Banker Reviews

Updated April 8, 2019
739 reviews

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4.1
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Recommend to a friend
Approve of CEO
Coldwell Banker President and Chief Executive Officer Budge Huskey
Budge Huskey
142 Ratings

Employee Reviews

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Pros
Cons
  • "Higher commission split at a competitor and better technology" (in 46 reviews)

  • "No cons just takes hard work and consistency" (in 24 reviews)

More Pros and Cons

  1. "Excellent place to hang your license"

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

    I have been working at Coldwell Banker full-time

    Pros

    Encouraging environment and top management

    Cons

    New agent training to establish success at the beginning of their careers


  2. "It’s a great family oriented place"

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

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

    Pros

    Nice, wealthy, quiet, great property and people

    Cons

    No cons whatsoever for working here

  3. "Great brokerage to work for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate Real Estate Broker
    Former Employee - Associate Real Estate Broker
    Recommends
    Positive Outlook

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

    Pros

    Big name, they cover marketing material and signage.

    Cons

    It could be hard for new brokers with no business to pull from.


  4. "Realtor"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Great Branding. Great people. Great training.

    Cons

    Not keeping up with the headwinds and adapting to a consumer market that wants more for less. Need to reduce their fees so we can reduce ours. No leads.

    Advice to Management

    Give more to your Realtors. Reduce your franchise fees or generate leads to justify your high fees.


  5. "Sphere of Influence Opportunity"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Agent in Pensacola Beach, Escambia, FL
    Current Employee - Agent in Pensacola Beach, Escambia, FL
    Recommends
    Neutral Outlook

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

    Pros

    Great training, friendly management, extensive training

    Cons

    Limited opportunity, massive competition, costly

    Advice to Management

    Limit the amount of new realtors hired.


  6. "Micro managed on all steps, do not empower employees"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Office Manager in Denver, CO
    Former Employee - Business Office Manager in Denver, CO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Clean environment. Friendly co-workers and working with agents was best part of job experience

    Cons

    Micro managed by others in company in management roles
    Push to recruit 20+ agents a year in a very small market, makes company seem very superficial and all about the numbers instead of personal growth (quantity over quality)
    unrealistic objectives
    zero benefits
    too many people in management who do not communicate effectively
    no room for personal job growth within organization, limiting salary

    Advice to Management

    Trust your team more to make decisions
    Add benefits to salaried positions


  7. "Professional customer service"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Agent in Hillsdale, NJ
    Current Employee - Sales Agent in Hillsdale, NJ
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    If you want to learn to be a great Real Estate Agent, there’s no better place to start.

    Cons

    It’s a very tough business to break into.

  8. "Sales"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Associate in Springfield, MA
    Current Employee - Sales Associate in Springfield, MA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Good marketing materials. Strong internet presence.

    Cons

    Low split. Lots of fees.

    Advice to Management

    Stop taking huge fees.


  9. "Great place to be"

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

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

    Pros

    Management has been top-notch, with a great corporate culture. The split has been very fair and seems to be a perfect blend between big name shop without the outrageous fees. They don't nickel and dime for everything like signs, desks, color copies, etc.

    Cons

    The broker fee for us just went up to $395, which puts it in the higher end of our market.


  10. "Brokerage with full time, dedicated managers, who don't compete!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Branch Manager, SAN Clemente Office in San Clemente, CA
    Current Employee - Branch Manager, SAN Clemente Office in San Clemente, CA
    Recommends
    Positive Outlook

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

    Pros

    LOVE, LOVE, LOVE what I do! I am a seasoned long time agent, playing Momma Bear! Now, dedicated to teaching, training, coaching and nurturing new and seasoned agents to their highest potential!

    Cons

    Can't think of anything yet!

    Advice to Management

    Think AHEAD!