Coldwell Banker reviews

3.9

70% would recommend to a friend

(2,191 total reviews)
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Susan Yannaccone

74% approve of CEO

67% positive business outlook

Coldwell Banker has an employee rating of 3.9 out of 5 stars, based on 2,191 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Coldwell Banker employee rating is in line with the average (within 1 standard deviation) for employers within the Bienes raíces industry (3.8 stars).

Reviews by job title

2K reviews
1.0
Nov 19, 2016

RUN!!! REVOLVING DOOR!!!

Recommend
CEO approval
Business Outlook

Pros

Located in Lincoln Park so you avoid the hustle and bustle of downtown/loop.

Cons

Revolving door, most employees don't last more than a momth or two, if that. The office is run on the whim of the President/Owner which chanages from day to day. She demeans her employees and there is always a pool going on how long it will take for the new employee to break down in tears. The 3 long-term employees (2-4 years) refuse to assist new employees in any way because they know they won't be there long and won't waste their time training. It is a toxic environment. There is no work/life balance; you are expected to put in long hours with no rewards.

5.0
Oct 26, 2016

Sales Associates

Recommend
CEO approval
Business Outlook

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.

2.0
Oct 21, 2016

Avoid if at all possible.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Work life balance! Hurray. Now see cons - warning, brace yourself.

Cons

Working for this company will get you good work life balance - which is good. The bad is that you'll be wanting to use that time to find a new job or work a second part time job just to meet your basic needs. You aren't paid anything near sustainable for a primary source of income in a household. It's an absolute farce and joke. I would never, ever, recommend to anyone to work here. Worst of all? They feel pleased with their annual 2% 'raises' they give out 'occasionally'. That barely meets cost of inflation. I'm actually making less now than when I started in terms of monetary value. Worst thing I found out? Even if you are promoted, or get a new position, your salary will always be at most 10% more than what it was previously. Meaning if you go from a Marketing coordinator role - someone working in offices with agents - to a regional marketing manager or trainer - someone who oversees many offices and marketing coordinators - you might get a 10% raise. Maybe. A previous RMM here came from an MC roll and went from a 35k position to barely 50k. When that person quit, and they did, they were replaced by someone who came in outside the company - and at a starting salary over 70k! This company prides itself on being one of 'the most ethical companies in the world' too bad they lack any integrity and morality to pay people. Senior management is full of 'good ol boys'. Presidents of regions who are complete jokes. I mean absolutely lacking in all capacity of actual leadership. I think they are purposefully picked to just be figureheads. Yet they still get final say on a lot of things, which ends up pushing this company in the wrong direction.

Viewing 58 - 60 of 2,191 Reviews

Glassdoor has 2,820 Coldwell Banker reviews submitted anonymously by Coldwell Banker employees. Read employee reviews and ratings on Glassdoor to decide if Coldwell Banker is right for you.