Coldwell Banker

www.coldwellbanker.com

Coldwell Banker Reviews

Updated 24 January 2015
Updated 24 January 2015
295 Reviews
3.8
295 Reviews
Rating Trends

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

Review Highlights

Pros
  • Name recognition, a good starting point (in 14 reviews)

  • Has great name/brand recognition at all price points (low-, medium-, and high-priced housing) (in 12 reviews)


Cons
  • The commission split is low compared to other brokerages (in 20 reviews)

  • Unpaid, no benefits and you pay for your own advertising resources (in 10 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    This was a positive experience for me. It helped to get me back into the work force after going back to college.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Administrative Assistant
    Former Employee - Administrative Assistant

    I worked at Coldwell Banker part-time (more than an year)

    Pros

    All of my colleagues were positive, upbeat, and hard working individuals always working to the best of their abilities and also encouraging the same of me.

    Cons

    Like many other business. The seasons are "All" or "Nothing". Meaning there are times when it gets chaotic and crazy busy with lots going on at once. But they were a great team always working together to achieve success in the end.

    Advice to ManagementAdvice

    N/A

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    Rewarding

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

    I have been working at Coldwell Banker full-time (more than an year)

    Pros

    Great mentorship, incredible amount of resources for advertising, constant contact, etc. Feels good to have the most trusted name in Real Estate behind me.

    Cons

    No salaries, but that comes with the line of work.

    Advice to ManagementAdvice

    Perhaps more corporate events & culture. Especially for the young folk.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Great training program for new REALTORs...

    • Culture & Values
    • Career Opportunities
    Current Employee - Sales Associate in Orlando, FL (US)
    Current Employee - Sales Associate in Orlando, FL (US)

    I have been working at Coldwell Banker

    Pros

    In depth program offered monthly...but can attend as much as needed. Great material for reference later in your career.

    Cons

    Offered only monthly but can attend as much as needed

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5.  

    Top Shelf Real Estate Brokerage

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Broker Associate in Roseville, CA (US)
    Current Employee - Broker Associate in Roseville, CA (US)

    I have been working at Coldwell Banker full-time (more than an year)

    Pros

    Coldwell Banker provides great training, has excellent in office support, and responsive managers. They are very pro-agent, and have a deep level of commitment to seeing their agents succeed. Terrific resources for agents to provide great customer service.

    Cons

    As with any large company, it takes a while to learn all the resources and take advantage of them.

    Recommends
    Positive Outlook
  6.  

    Solid company to work for with good support. Quality people and reputation. Looked at highly in the real estate comm.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Real Estate Agent in Bakersfield, CA (US)
    Former Employee - Real Estate Agent in Bakersfield, CA (US)

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

    Pros

    Solid company to work for with good support. Quality people and reputation. Looked at highly in the real estate comm.

    Cons

    You are expected to put the work in and hustle. There is a lot of good competition with other agents to be successful.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Real Estate Agent

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Realtor in Jonesboro, AR (US)
    Current Employee - Realtor in Jonesboro, AR (US)

    I have been working at Coldwell Banker full-time (more than 3 years)

    Pros

    Scheduling my own appts and being able to be flexible

    Cons

    franchise fees / too many fees taken out

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Career Purgatory

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Coldwell Banker full-time (more than 5 years)

    Pros

    Industry leader. Coldwell Banker is a respected brand worldwide. Solid place to start a career. The networking is outstanding for advancement outside of real estate. Outstanding health insurance packages, stock options and retirement plan. Many employees seem to start their careers here. Leave and come back to retire.

    Cons

    Bi-polar company culture. Senior leadership is an old boys club. Pay is average with little to no raises. Job titles do not reflect salaries. High turnover rate. Opportunities for advancement are offered to a select few.

    Advice to ManagementAdvice

    My advance to management is to live up to your claims throughout the company. Saying your ethical does not make it so. Give positions to employees based on skill not favoritism.

  9.  

    mixed

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

    I worked at Coldwell Banker

    Pros

    great training and technology. A good place to start a career

    Cons

    Myopic bean counters. They squeeze agents for every penny and sacrifice innovation and independence for control of everything. Get your training here but move elsewhere as soon as you can.

    Advice to ManagementAdvice

    Think more bottom up rather than top down

    Doesn't Recommend
    Neutral Outlook
  10. 1 person found this helpful  

    Excellent team to be part of

    Former Employee - Administrative Assistant
    Former Employee - Administrative Assistant

    I worked at Coldwell Banker (more than an year)

    Pros

    - friendly work environment
    - fair treatment
    - worked in admin and pay was good
    - good reputation, a lot of people trust the Coldwrll Banker name

    Cons

    I didn't really have any cons about working with Coldwell Banker. Eventually I needed a larger salary so I took a job as a virtual assistant. I regretted it eventually and missed working with Coldwell.

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