Great Management but Very Expensive - Real Estate Agent Coldwell Banker Employee Review

4.0
Jul 21, 2023
Recommend
CEO approval
Business Outlook

Pros

Tons of broker and manager support and excellent access to a RE lawyer. They have fantastic leadership and a great culture.

Cons

Sooo expensive. Even with the new split and cap program 80/20 with a $22,000 cap. Their SVF fees (whatever those are) are an additional 25% per transaction. There are no leads you get with them that you don't have to pay a huge referral fee, and you have to pay extra for their TC. They also have a horrible agent website they offer, nothing great like KVCore or Chime. Over All, I'm paying so much in fees and having to pay additionally for systems I need to be successful. Also, because I'm a top producer I end up paying way more for everything than people that hardly do any business. Last thing is they have an old prehistoric way of doing business so it's hard to be around other agent that barely know how to use their email so their training is for old people not for people already in this century.

Explore other reviews about Coldwell Banker

5.0
Apr 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Recognition due to the name

Cons

Although we are independent contractors,the broker continues to micromanage and it’s unbelievable how much money they take from our commissions.

1
3.0
Jun 16, 2026
Recommend
CEO approval
Business Outlook

Pros

I loved working with the agents. It was a good way to get into marketing especially if you have real estate experience.

Cons

There is no upwards mobility. This company invests heavily into diversity and if you are not part of a certain demographic, you will not get promoted. There were also frequent layoffs while I was there.

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