Coldwell Banker Reviews | Glassdoor

Coldwell Banker Reviews

Updated March 15, 2017
514 reviews

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514 Employee Reviews

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Pros
Cons
  • Franchise fee of 6% along with either a 80/20 or 70/30 commission split (in 30 reviews)

  • No cons except for the fact that its commission (in 16 reviews)

More Pros and Cons

  1. "Bad Career Choice"

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

    Pros

    This company has good name recognition, the marketing department is exceptional and training opportunities are abundant.

    Cons

    In my opinion, the compensation is the worst in the industry. Many times the managers are inexperienced.

    Advice to Management

    Don't just put a warm body in a position of authority. Please insure they have the experience to supervise others and manage the company.


  2. Helpful (1)

    "Great Company with solid Management"

    Star Star Star Star Star
    • 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 full-time

    Pros

    Coldwell Banker has an in depth training program and gives new agents the support they need to get started in the Real Estate Career.

    Cons

    I have not had a negative experience with Coldwell


  3. Helpful (1)

    "Sales Associates"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Realtor Associate in Saint Cloud, FL
    Current Employee - Realtor Associate in Saint Cloud, FL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    This company offers you so much knowledge to be successful that you cannot fail. The technology and training show why they are the leasing in the industry.

    Cons

    Like any self employed job, you will not make an hourly pay during your time. You will be strictly salary and rely on your sales for an income.

    Advice to Management

    Keep designing this technology to help new agents advance in this industry. Our company has a commitment and drive that is unmatched.


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  5. "Flexible Work Environment"

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

    Pros

    Flexible, casual, friendly, learning environment

    Cons

    Stressful, not always interesting, tedious work


  6. Helpful (1)

    "coldwell banker Cleveland OH"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Flexible hours and management was very helpful. Office space was very professional. Coworkers were like members of a team not competitors

    Cons

    Nothing really comes to mind in the negative. There is not a better real estate company in the area to work for.

    Advice to Management

    Loosen up on the commission splits. Don't micro manage and stop playing favorites. When you play favorites it hurts morale


  7. "Sales Agent"

    Star Star Star Star Star
    • 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 full-time (More than a year)

    Pros

    Self Employment, unlimited income potential.

    Cons

    Very competitive, takes years to build your clientele.


  8. "Sales agent"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Commercial Real Estate Agent in River Edge, NJ
    Current Employee - Commercial Real Estate Agent in River Edge, NJ

    I have been working at Coldwell Banker (More than 3 years)

    Pros

    Excellent corporate name and reputation in residential real estate

    Cons

    I wanted to do commercial real estate they are far weaker in this area


  9. "Realtor"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Current Employee - Realtor in Clarkston, MI
    Current Employee - Realtor in Clarkston, MI
    Recommends

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

    Pros

    Great training
    Professional atmosphere
    Excellent Core Values

    Cons

    Expenses can be fairly significant to start


  10. "Coldwell Banker Assistant"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    nice people and friendly environment

    Cons

    inconsistent schedule and small work space


  11. Helpful (1)

    "Licensed Real Estate Agent"

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

    Pros

    The training classes and weekly company meetings helped me train to be a successful real estate agent. The brokers were involved with my real estate sales from initializing and finalizing the contract. This made me secure to reach out to my brokers with any questions.

    Cons

    Parking was sometime an issue due to the office attendance being so large in size.

    Advice to Management

    Brokers were great in being involved with the real estate transaction.



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