Coldwell Banker

www.coldwellbanker.com

Coldwell Banker Reviews

Updated 27 January, 2015
Updated 27 January, 2015
298 Reviews
3.8
298 Reviews
Rating Trends

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Coldwell Banker President and Chief Executive Officer Budge Huskey
Budge Huskey
21 Ratings

Review Highlights

Pros
  • Name recognition, a good starting point (in 14 reviews)

  • Has great name/brand recognition at all price points (low-, medium-, and high-priced housing) (in 12 reviews)


Cons
  • The commission split is low compared to other brokerages (in 20 reviews)

  • Unpaid, no benefits and you pay for your own advertising resources (in 10 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Lots of opportunity to learn

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Sales Person in Toronto, ON
    Current Employee - Sales Person in Toronto, ON

    I have been working at Coldwell Banker

    Pros

    - Office Manager is always willing to help
    -Lots of training programs for new agents in the company
    -recognition for sales acheivments through awards
    -website at discounted cost

    Overall the support staff and the office management are quite good. The office manager is always willing to sit and speak with you on ways to improve your business

    Cons

    -commission splits could be a little better
    -offices are expensive to rent
    -preference given to agents that make lots of money
    -little guys get few referals from company

    Advice to ManagementAdvice

    This is a sales job so advancement is based really on how much money you make yourself. If you want a Broker license you have to go and get it yourself as in any company. Its a large company and at times you can fee quite small.

    There should be a way for the little guys like me (less than 100k per year) to get better leads from the company.

    Recommends
  2.  

    Good company, but not unlike the others.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Real Estate Broker in Toronto, ON
    Former Employee - Real Estate Broker in Toronto, ON

    I worked at Coldwell Banker

    Pros

    Coldwell banker is an International Brand which can be a great asset to those who work with relocations. They provide some great tools and resources for non technical people. If you are tech savvy, you will want to do your own thing, as you can create your own brand and make it look a little more professional than the standard templates offered. While there are guiding principals from head office, many of the brokerages are independently owned which means no two are the same. Like any other industry, you'll want to interview a few different companies (brokers) to ensure you end up with one that suites your needs. Some are well suited to support new entrants in to the industry while others do not provide much hand holding and are geared towards those with experience.

    Cons

    Flow of communication. It's really an industry problem because people within the same office view each other as competitors. Unfortunately there is very little team work in this industry.

    Advice to ManagementAdvice

    Encourage more internal team work.

    Recommends
    No opinion of CEO
  3.  

    Progressive real estate company is a good place for IT workers.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Information Technology in Victoria, BC
    Current Employee - Information Technology in Victoria, BC

    I have been working at Coldwell Banker

    Pros

    The industry is dong things that are very interesting with information technology - trying to stay ahead of the moving target. Coldwell Banker is putting a lot of resources into this, as they should, trying to anticipate where the world will be in the future so it arrives there at the same time. Good location for someone interested in where IT is going.

    Cons

    Too focused on American market.

    Advice to ManagementAdvice

    Build flexible pieces that any one can use to create their own services, rather than the one size fits all we'll do it all for you approach.

    Recommends
    Approves of CEO
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  5.  

    Great Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Coldwell Banker

    Pros

    Great company to work for especially if you are just getting started in the business. They give you all the right tools for success, It's just up to the person to utilize them.

    Cons

    The commission split is high

    Recommends
    Positive Outlook
  6.  

    This was a positive experience for me. It helped to get me back into the work force after going back to college.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Administrative Assistant
    Former Employee - Administrative Assistant

    I worked at Coldwell Banker part-time (more than a year)

    Pros

    All of my colleagues were positive, upbeat, and hard working individuals always working to the best of their abilities and also encouraging the same of me.

    Cons

    Like many other business. The seasons are "All" or "Nothing". Meaning there are times when it gets chaotic and crazy busy with lots going on at once. But they were a great team always working together to achieve success in the end.

    Advice to ManagementAdvice

    N/A

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    A solid real estate company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Coldwell Banker

    Pros

    Flexible hours, good work-life balance, strong brand name.

    Cons

    None really. Other agents aren't always friendly, but that's to be expected in real estate.

    Recommends
    Neutral Outlook
    No opinion of CEO
  8.  

    Rewarding

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Real Estate Salesperson
    Current Employee - Real Estate Salesperson

    I have been working at Coldwell Banker full-time (more than a year)

    Pros

    Great mentorship, incredible amount of resources for advertising, constant contact, etc. Feels good to have the most trusted name in Real Estate behind me.

    Cons

    No salaries, but that comes with the line of work.

    Advice to ManagementAdvice

    Perhaps more corporate events & culture. Especially for the young folk.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Great training program for new REALTORs...

    • Culture & Values
    • Career Opportunities
    Current Employee - Sales Associate in Orlando, FL (US)
    Current Employee - Sales Associate in Orlando, FL (US)

    I have been working at Coldwell Banker

    Pros

    In depth program offered monthly...but can attend as much as needed. Great material for reference later in your career.

    Cons

    Offered only monthly but can attend as much as needed

  10.  

    Top Shelf Real Estate Brokerage

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Broker Associate in Roseville, CA (US)
    Current Employee - Broker Associate in Roseville, CA (US)

    I have been working at Coldwell Banker full-time (more than a year)

    Pros

    Coldwell Banker provides great training, has excellent in office support, and responsive managers. They are very pro-agent, and have a deep level of commitment to seeing their agents succeed. Terrific resources for agents to provide great customer service.

    Cons

    As with any large company, it takes a while to learn all the resources and take advantage of them.

    Recommends
    Positive Outlook
  11.  

    Solid company to work for with good support. Quality people and reputation. Looked at highly in the real estate comm.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Real Estate Agent in Bakersfield, CA (US)
    Former Employee - Real Estate Agent in Bakersfield, CA (US)

    I worked at Coldwell Banker full-time (more than 5 years)

    Pros

    Solid company to work for with good support. Quality people and reputation. Looked at highly in the real estate comm.

    Cons

    You are expected to put the work in and hustle. There is a lot of good competition with other agents to be successful.

    Recommends
    Positive Outlook
    Approves of CEO

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