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
2.0
Jul 12, 2010
Recommend
CEO approval
Business Outlook

Pros

The Coldwell Banker name has a national recognition and marketing campaign. Decent commission splits after you prove yourself and work there long enough. Good training program.

Cons

Very High Costs/Fees to "work" at Coldwell Banker. Promised lead generation did not produce leads. After being hired, there is little support to help you succeed. Must pay for marketing material.

3.0
Jul 10, 2010

CBC Commercial

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Own your own business Great training programs Great office atmosphere

Cons

Slow in a bad economy

4.0
Jun 8, 2010
Recommend
CEO approval
Business Outlook

Pros

*Fantastic training and opportunities to learn. *Management seems to genuinely care about your success. *Despite everyone being independent contractors, there is a culture of helping and mentorship amongst competing Realtors.

Cons

*Commission structure is poor. You certainly pay a lot for the support and training. *Added fees that sometimes make working there frustrating. *New Realtors earn a 50% commission and then they tack on administrative fee of 6% on each transaction. After you've shown compentency to make money the commission structure gets marginally better. *Desk fees and technology fees add up, but is manageable. *You'll need at least 6 months before you make your first commission. They are up front of this and if you don't know that then don't go into Real Estate.

Viewing 2134 - 2136 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.