Coldwell Banker reviews

3.9

70% would recommend to a friend

(2,191 total reviews)
avatar

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
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.

5.0
May 19, 2010

The Absolute Best

Recommend
CEO approval
Business Outlook

Pros

Coldwell Banker is by far the Gold Standard. As a new realtor you need all the help you can get, and their training and broker mentorship are absolutely outstanding. Not to mention their marketing platform is second to none, giving you are large arsenal when going on listing presentations.

Cons

Their fees and splits are a bit high, but when you compare it to paying for everything individually (like at many other offices and brokerages) it really ends up coming out about the same.

4.0
May 7, 2010

Realtor

Recommend
CEO approval
Business Outlook

Pros

Great company to work for especially for a mother. Flexible schedule. Company provides an enviroment for growth and can easily fit your family.

Cons

Current real estate market has limited opportunities but looks as though it is beginning to turn around. Alot of opportunity in short sales and forclosures.

Viewing 2137 - 2139 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.