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
Mar 20, 2015

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Recommend
CEO approval
Business Outlook

Pros

The best thing is only having to work a half day before a major holiday.

Cons

Mgmt can't make a decision and stick with it. Whoever knows someone higher up or 'screams' the loudest wins. No consistency in processes.

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.

3.0
May 23, 2014

Real Estate Agent

Recommend
CEO approval
Business Outlook

Pros

International Brand, ongoing training, many office locations in NYC to work out of and a great diversity of experienced professionals. The database of rentals/sales is well maintained.

Cons

Real estate is a tough industry to break into and it can take a long time to create the proper network. Unpaid, no benefits and you pay for your own advertising resources.

Viewing 25 - 27 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.