Coldwell Banker

www.coldwellbanker.com
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Coldwell Banker Reviews

Updated 27 February, 2015
Updated 27 February, 2015
305 Reviews
3.9
305 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Coldwell Banker President and Chief Executive Officer Budge Huskey
Budge Huskey
24 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 brand recognition.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Realtor in San Jose, CA (US)
    Current Employee - Realtor in San Jose, CA (US)

    I have been working at Coldwell Banker full-time (more than 3 years)

    Pros

    Friendly management and staff is very helpfull

    Cons

    Not enough training on actively seeking leads. They promote advertising.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Internship experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Intern in San Francisco, CA (US)
    Current Employee - Intern in San Francisco, CA (US)

    I have been working at Coldwell Banker

    Pros

    hands on, met with clients, visited properties, contact with agents

    Cons

    unpredictable schedule but still manageable

    Advice to ManagementAdvice

    keep it up

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    Industry Leader with Global Brand Recognition and International Network

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

    I have been working at Coldwell Banker full-time (more than 5 years)

    Pros

    Floor time!!!, training, brand recognition, continuing education, marketing and marketing materials

    Cons

    Very corporate, not enough local advertising as compared to competitors, compensation structure (commission splits), costs

    Advice to ManagementAdvice

    More agent-centric. More management support. Need better tools to be successful.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Great company with professional management.

    Former Employee - Sales Associate in Scottsdale, AZ (US)
    Former Employee - Sales Associate in Scottsdale, AZ (US)

    I worked at Coldwell Banker

    Pros

    Great support from management if needed.

    Cons

    It's a very large company, needs more staff.

    Advice to ManagementAdvice

    None.

  9.  

    Awesome 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

    Worked with small & mid-sized businesses, developed websites and logos for owners and clients. Great benefits, great pay and even great work/life balance.

    Cons

    None that I can say.

    Advice to ManagementAdvice

    Keep it up.

    Recommends
    Positive Outlook
  10.  

    Agencies Differ greatly.

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

    I worked at Coldwell Banker full-time (more than 3 years)

    Pros

    If you love selling real estate, it's a big company. with a good broker, you can really thrive

    Cons

    An ineffective or unsupportive broker can hurt your career.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    Strong company values

    • 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

    Coldwell Banker Has marketing down to a fine science, Always looking to be the best in the real estate industry

    Cons

    Rules do not allow for to much creativity in advertising. All advertising must be approved before published

    Advice to ManagementAdvice

    Loosen up on the rains a little and allow creativity

    Recommends
    Positive Outlook

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