Coldwell Banker "commission split" Reviews | Glassdoor

Coldwell Banker Employee Reviews about "commission split"

Updated Jan 29, 2020

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4.0
75%
Recommend to a Friend
87%
Approve of CEO
Coldwell Banker President and Chief Executive Officer Budge Huskey
Budge Huskey
216 Ratings
Pros
  • "Broker support was awesome and splits were reasonable(in 72 reviews)

  • "They had a great training program for new agents(in 62 reviews)

Cons
More Pros and Cons

Reviews about "commission split"

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  1. "Blessed to spend 10+ years there on a great split."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Realtor in Hagerstown, MD
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Coldwell Banker full-time for more than 10 years

    Pros

    Great office space and coworkers.

    Cons

    Must negotiate your commission split annually

    Coldwell Banker2019-08-31
  2. "commission is not so great"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Community Manager II in Raleigh, NC
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Coldwell Banker full-time for more than a year

    Pros

    nationally known, decent reputation, familiar name

    Cons

    commission splits favor the company not the realtor.

    Continue reading
    Coldwell Banker2020-01-30
  3. Helpful (1)

    "Coldwell Commissions"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Realtor in Boston, MA
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Coldwell Banker full-time for less than a year

    Pros

    Good marketing and name recognition

    Cons

    Bad commission splits relative to competitors

    Continue reading
    Coldwell Banker2019-12-20
  4. "You are on your own"

    StarStarStarStarStar
    Former Freelancer - Agent 

    I worked at Coldwell Banker

    Pros

    - ability to rise if you sell

    Cons

    - terrible commission splits - no leads are given

    Coldwell Banker2019-08-31
  5. "Magic Mike!!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Sales Associate in Fort Lauderdale, FL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Coldwell Banker full-time for more than 5 years

    Pros

    Michael Mangold was the man and helped me in any way possible. Brunny, too, was amazing and they both created an awesome work environment. Very work conducive, when I needed something to happen they were there to make sure it did and help in any way they could.

    Cons

    Can't think of one bad thing except the commission split but that will happen at any brokerage you go to so not a CB thing

    Continue reading
    Coldwell Banker2019-08-10
  6. "Great Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Realtor in Las Vegas, NV
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Coldwell Banker full-time for more than a year

    Pros

    Work Environment, Family Oriented, Structured

    Cons

    Commission Split for new agents

    Coldwell Banker2019-07-27
  7. "Real Estate Agent Full Time"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Real Estate Agent 
    No opinion of CEO

    I worked at Coldwell Banker full-time

    Pros

    Flexible schedule. You can create work/life balance, but you have to work 7 days a week to build your business.

    Cons

    As with all real estate commission only pay is tough the first 1-4 years. Rigid commission split structure

    Coldwell Banker2019-07-08
  8. "Big commission splits, some support"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Contractor - Realtor in Milwaukee, WI
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Coldwell Banker for less than a year

    Pros

    Education, marketing, etc. readily available

    Cons

    Big commission splits, seems like they hire anyone who wants a job

    Coldwell Banker2019-07-02
  9. "Commission splits ridiculous"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Compensation and Benefits
    Former Employee - Agent in Fort Myers, FL
    Doesn't Recommend

    I worked at Coldwell Banker full-time for more than a year

    Pros

    Save Dogs Project...thats it

    Cons

    Commission splits higher than anywhere else. No way to make money. Use remote broker a lot

    Continue reading
    Coldwell Banker2019-07-22
  10. "CB has good technology"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Freelancer - Sales Associate in Orlando, FL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Coldwell Banker for more than a year

    Pros

    Superior technology Good Training Work in teams

    Cons

    Commission Split Corporate like environment which sometimes is less friendly

    Continue reading
    Coldwell Banker2019-03-14

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