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Coldwell Banker Reviews

Updated 10 April 2015
317 reviews filtered by
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3.7
317 Reviews
Rating Trends
Recommend to a friend
Approve of CEO
Coldwell Banker President and Chief Executive Officer Budge Huskey
Budge Huskey
30 Ratings

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 Pros and Cons

Employee Reviews

Sort: Popular Rating Date
  1. sales

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

    I worked at Coldwell Banker

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    High commission bases salary incentives

    Cons

    selling real estate when market was down

    Advice to Management

    Provide incentives and bonus for successful goal achievement

  2. Real Estate Agent - Coldwell Banker

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Former Contractor - Real Estate Agent in Sherman Oaks, CA (US)
    Former Contractor - Real Estate Agent in Sherman Oaks, CA (US)

    I worked at Coldwell Banker as a contractor (more than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Worked as an agent starting off, got a great commission split and nice company.

    Cons

    High E&O insurance and expenses

  3. Excellent company; dedicated to customer satisfaction

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

    I have been working at Coldwell Banker

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Considerable company provided marketing material

    Cons

    Commission only income in A bad economy is tough!

    Advice to Management

    Provide group insurance for employees

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  5. Professional Corporate Great Resources

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

    I have been working at Coldwell Banker

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Benefit from the large corporate name and resources.
    Receive lots of leads.
    Best Realtors in the business.

    Cons

    Not much admin assistance.
    Too many gimmick emails to buy products.

    Advice to Management

    Provide more assistance to sales staff.

  6. Good company, long history in Real Estate. If you are a REALTOR...YES.work here! Employee - no.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Lansing, MI (US)
    Current Employee - Anonymous Employee in Lansing, MI (US)

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Good benefits, flexible schedules, open door policy, family setting, group events, philanthropy policy to give back to community

    Cons

    Increases can be based on the market fluctuation. Realtors are valued and occasionally W2 staff feel forgotten, some old-school leadership from the top. slow progress for important transitions, every decision needs a committee. Male dominate leadership for a reason

    Advice to Management

    Remember the value of the hourly staff, appreciate is there but including them in the importance of the business would be great for their moral. Evaluate pay scales and re-distribute the wages equally for positions. Open up to listening to staff and their ideas. Trust their ideas and opinions, they work the jobs.

  7. If you work hard, very good

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

    I have been working at Coldwell Banker

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Good work model. Lower overheads than most real estate agencies

    Cons

    Technology is woefully outdated! Marketing material needs to be better designed

    Advice to Management

    Offer better marketing material, better modern designs and more cutting edge technology.

  8. Good company.

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

    I worked at Coldwell Banker

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Broker was always there to help.

    Cons

    Can not think of any.

    Advice to Management

    None

  9. Good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Sales Associate in Alhambra, CA (US)
    Former Employee - Sales Associate in Alhambra, CA (US)

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

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    good work environment with good manaement

    Cons

    needs updating of resources, not user friendly

    Advice to Management

    all offices should be corperate/inconsistancies with independents hurts reputation

  10. I worked at Coldwell Banker full-time (more than 3 years)

    Pros

    above average support to their agents but on par with with most other major franchises

    Cons

    royalty dues never cap. Like most places

    Advice to Management

    look at the KW model

  11. Great brand recognition.

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Friendly management and staff is very helpfull

    Cons

    Not enough training on actively seeking leads. They promote advertising.

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