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
3.0
Dec 31, 2014

mixed

Anonymous employee
Recommend
CEO approval
Business Outlook

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.

5.0
Dec 26, 2014
Recommend
CEO approval
Business Outlook

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.

2.0
Dec 22, 2014
Recommend
CEO approval
Business Outlook

Pros

Plenty of systems to use. Well known brand. Good basic beginning training. Enjoyed some of my time there.

Cons

Lately the company seems to be going in the wrong direction. Lots of extra work for Realtors to do with paperwork. Splits are bad. After two or three years it is counter productive to stay. VERY CORPORATE. High referral fees for deals not facilitated by them. Another Realtor and myself discussed we were not getting leads off our listings. The other Realtor found out many of the leads were given away to another agent, and that agent and myself were able to take our leads. Now if this other agent sells that person something they have to pay an extra 35%. I was not getting many of my own leads, and only got low quality leads I had to pay 35% on in return. My own leads would have been my regular split. (Not my spilt and an extra 35%.) Have a seniority date in the middle of the year and watch out. You can have a great Jan- to Dec, but If your seniority date is say July or August your split can be dropped down a lot. They also seem to be letting too many newbies in, and focus on them more than seasoned agents. It was just time to go.

Viewing 1870 - 1872 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.