Coldwell Banker reviews

3.9

68% would recommend to a friend

(2,194 total reviews)
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Susan Yannaccone

74% approve of CEO

66% positive business outlook

Coldwell Banker has an employee rating of 3.9 out of 5 stars, based on 2,194 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
4.0
Jan 9, 2015

Real Estate Agent

Recommend
CEO approval
Business Outlook

Pros

Scheduling my own appts and being able to be flexible

Cons

franchise fees / too many fees taken out

1.0
Jan 6, 2015

Sales Associate

Recommend
CEO approval
Business Outlook

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.

Viewing 1867 - 1869 of 2,194 Reviews

Glassdoor has 2,824 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.