Pros
The only pro is the nationally recognized name.
Cons
High desk fees, high yearly attorneys fees - both mandatory at CB, legitimate leads only go to the highest producers. The only face to face leads you receive are sitting floor time (means you sit at the front desk and answer phones and take messages for the rental department) and open houses. Terrible commission split for new agents. Training is old fashioned, they tell you to cold call FSBO's for clients. If you don't have 2 years of healthy savings and can afford to advertise $400-$500 per month, don't waste your time here. You will be told you need 6 months of savings, not true, 2 years minimum. This is big business and sales associates are a major source of income for CB. It is difficult competing with associates who have been in the business 20 years. Very few Real Estate Associates last a year, if you leave for a better commission split elsewhere be sure to do it by 30 JUN otherwise you will be charged another $450 in attorney's fees even though you will no longer be affiliated with the company.
