These guys are clueless - Director Coldwell Banker Employee Review

2.0
Mar 29, 2011
Recommend
CEO approval
Business Outlook

Pros

People in the local office were good work with, market competitive compensation, aggressive time off policy, adequate health insurance benefits,

Cons

Management does not have real estate experience. When Cendant split up, all of the real estate operators were pushed out and replaced by hotel and time share executives. Senior management does not relate to brokers and agents. They speak about selling the value circle, however, all of the business units outside of Parsippany hate each other.

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.

2.0
Mar 30, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Coldwell Banker has a recognizable, legacy brand and there are many talented, dedicated employees who genuinely care about their work. Teams are often collaborative, and there are opportunities to work on large-scale, high-visibility initiatives. From the outside, the company presents itself well and has strong brand positioning in the market.

Cons

There is a significant disconnect between leadership messaging and the actual employee experience. The handling of recent layoffs was particularly disappointing—high-performing employees were let go with little transparency, and the communication around it felt impersonal and overly scripted. For a company that frequently speaks about valuing people, the actions did not reflect that. Morale has taken a hit as a result, and trust in leadership has been impacted. Workloads can be heavy, and expectations remain high even as teams are reduced, without meaningful acknowledgment or support. There is also a tendency to prioritize optics over substance, especially in communications, which can feel frustrating for those doing the work behind the scenes.

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