Coldwell Banker

Coldwell Banker spans the globe and the name is easily recognizable. This is probably because they've been around for over 100 years.

The commission split is only 50/50. Out of your 50%, they take 6% franchise fees, and fees for E&O insurance and CRM. You can work your way up to higher splits, based on sales, but that base is really high. For example, you have to make a minimum of $90,000 GCI to move from 50% to 60%. To get to 65%, you have to have $150,000 in GCI.
They also charge you for EVERYTHING...signs, (plus installation/removal), post cards, (advertising), photography, etc.

There are many other agencies that offer a better commission. Most start at 70/30, and when you reach a certain cap, the split is increased. Other agencies also pay for, or offer to co-pay, for business cards, signs, post cards, photography, etc.

They provide great support to the agents and are prompt with addressing questions or concerns from the agents.

They could possibly use more training opportunities either online or onsite for this who may desire more reinforcement. It would be great to promote more agent collaboration as well.

I love the simple ease of CB desk where you can manage your marketing, listings and sales. Also love the supportive team from the office. Love the opportunity with networking with lenders, sponsors for meetings regularly. Would sometimes like more notice for events to attend. It’s sometimes hard to fit it all in! Great office overall though! Love love the marketing and Listing Conceirge!

They fully equip us with cutting edge technology. Training is also always available, which is nice. Culture of professionalism at all times, I also love their reputation for integrity. I am always proud to be affiliated with CB at listing and networking appointments. I often find that my smoothest transactions occur when working with the professionalism of CB agents on the other side of the transaction.

Name brand recognition is great, but since I mainly focus with Buyers that is really not necessary to have name brand recognition.

The commission split is my biggest complaint. The leads program are not worthy of the split. The leads are not prequalified or even vetted appropriately. The director over the leads program is too arrogant and aggressive. He is constantly threatening to remove agents from the program. The majority of their benefits are for listing agents. Unless you are a successful listing agent, it is too expensive to be associated with coldwell banker.

The personal support and the marketing tools are unmatched. Do NOT believe the hype that virtual offices and virtual classes are better over actual office with people that care about you and can be located at any time for questions. They are on call!! 110% of all advise given to me has been spot on. In my 38 years as active agent been with every agency in town after recruiting me, CB is the only one that I continue to say “best decision ever”. I will be with CB till the end of my RE career.

The technology and commission plans are great. Support and coaching are an added value. Business model has been revamped to include profit share paid on each closing and not based on the profit, but a set 2% and then 1% for as long as you both are still there. Listing Concierge is a huge plus, marketing packages that the brokerage shares in the cost. Average cost is 250 and it includes photography, television exposure, targeting social media ads and more. Literally save almost 1,000 per listing. It’s not the same Coldwell Banker your parents used. They’ve combined the best from many different brokerages into their business model. If you want to get more listings you can’t go wrong at CB. Excellent technology and training.

That said, the transaction fee could definitely go. Not crazy about this on top of a franchise fee.

I like the cool logo, the well known market presence, and their good reputation.

I'd like to see more continuous training curriculum for agents especially new to a brokerage. Teach how to identify clients. How to grow a client base and how to secure a listing. Promote team atmosphere. So many agents act like New agents are trying to “eat their lunch”. Team effort promotes success for all.

Our office is small with only 90 agents, and at any time of need, they are all willing to help each other. Our broker picks up the phone day or night when we call. There are always people in the marketing to IT to coaching to assist you on meeting and beating your goals and expectations.

I would like to see a lower cap and have a limit of dollars for international. At my last office they capped the International royalties at $3000.

I like the dedicated and knowledgeable managers that are always available to help you through anything. Great educational opportunities mixed with latest market info and tools to keep us competitive without personsal investigation time or financial investment. Finally, a solid, recognizable brand that gives buyers confidence. Great, encouraging and supportive corporate culture. Your success is their goal.

I do wish there was more training and support for developing Commercial opportunities.

Best company in 16 years I have worked for . They are great to their agents. Free continuing education, and they provide good tools to work with. Everything is great I cannot think of anything that needs improving. My location is great at assisting each other too. Love the friendly environment, but research your office location first. It can vary!

I really enjoy being part of their brokerage. I like that they have a listing concierge and presentation, it is all very helpful. They are a very well known brokerage, and there are offices all over town. The commission split is also very phenomenal, and they really do provide you with all the sources you need. I wouldn't recommend this brokerage to new agents, only because they really don't offer great training. Their training classes are external from the brokerage, and there's not much coaching for new agents. It's a good place for experienced agents.

Coldwell Banker make sure their agents are well trained and have lots of support any time you need it. They ensure you have a good grasp on contracts and help me provide great service to our clients.

They do an awesome job and do not have any complaints. I feel well supported by my team and office staff.

Coldwell Banker will help you be successful at whatever your goal is.

The training, the OA and manager, the culture, the possibilities!!! I have learned so much in my short time in the business!!

More social events would be welcome!

This is a top notch broker that you can count on their support in every aspect!!

Coldwell Banker is a FANTASTIC, all inclusive brokerage. The training is limitless. You absolutely can go as far as you like… you are your only obstacle.

Their lead generation could be a little more robust . For example, to include preapproval indications, first time home buyer, ,etc …. More detailed information.

You absolutely set your limits. If you want to go far, you can, if you work for it!

I originally went to Coldwell Banker because of a family member who is in real estate. I enjoy the programs that they offer. Make sure you understand all the programs offered inside and out - they could really help you! I get 95.5% over 250k in production and pay about $189 in fees per month.

They take too much money. There are too many desk fees, they give you a shitty return on work that you do, there's no way of moving up on your residual and no type of retirement program. The broker that I had was great and knowledgeable. but when it comes to it, they are not a broker centric agency anymore, but more of an agent-centric company. So brokerages aren't doing business because of the name, they are doing it businesses because of you, and what you can do for them.

Love the camaraderie and support. Great training and staff is amazing. Great support and team work is phenomenal

Although, the office fee seems a bit high.- if you aren’t taking advantage of using the office it seems insane to me.
Overall, great people to work with, but monthly fees are steep.

Worked for Coldwell Banker in Indiana. I decided to leave because I moved across the country. After some time, it was time for a change.

There is training provided every week onsite, that way, us agents can get the experience and speak to people to get a feel of everything. They also provide us phone time to get leads. Most agencies don't give you that opportunity. Our brokerage is very well known, and the best part of that is that we are able to transfer referrals out of state. Definitely a great brokerage.

The best part is they provided us with classes, trainings and leads. Right now, I am happy with them so I don't think there's anything I want to change. I think commission splits were fair including fees, and they provide the level of support I need.

The best part of it, is you are being surrounded by experienced real estate agents. I wish we had more training, but I think it's the same for every company. If I could suggest an improvement, I would add more attention and training to new agents. I think the commission splits were fair. They don't provide support or leads.

I love Coldwell Banker. I wouldn't trade it for anything. We're like a family there, and they help us with everything. They're a big company and they're great with marketing. The training is the best. I like that I can always call my broker for anything and everything, no matter what time it is.

I have been working for them for a long time, I have not experienced anything that's bad. But the good thing about working for this brokerage is that they have a lot of education opportunities to make sure you stay on top of any new rules and regulations. They also have new practices to make sure you know exactly the best way to deal with your clients. They put you in front of a lot of vendors, title companies, inspectors, just to make sure you have wide options to offer to your clients and make sure they are treated the best. With everything that they offer to me and the opportunities, I totally think that it pays for itself.

The company has low morale in my Jacksonville team. There's no ability to grow. The broker takes 30% of commissions.

I have been with Coldwell Banker Bullard Realty for more than a year now. For extra income, I also have to work somewhere else part-time. The leads that I am getting at Coldwell Banker are not enough to help me transition into full-time real estate.

I'm looking for more of a team setting. I'm kind of a one-man band (very secluded). I needed to change things up and find a way to make more money.

It's a great brokerage. I don't pay fees and I don't have a commission split because I'm an employee and not a contract worker. The main thing that brings agents to Coldwell Banker is the professionalism and the years of experience that the broker has.

I am very passionate about real estate & I have nothing but love for the industry. I need leads and Coldwell doesn't provide any of the tools to get them. I would prefer an office which has good systems in place, great tools, resources.

I like the manager and the people in my office. It's a great place to work, and they provide a lot of things I need to be effective at my job.

They offer lots of tech support. The education for established and new agents is top-notch. My colleagues all exhibit great professionalism. The only thing I'd really suggest trying to change is the transaction fees. 70/30 split and $140/month in fees.

The team morale is my Cincinatti office is non existant. Beyond that, they do not provide you leads at all.

I originally joined Coldwell Banker because of the prestige the organization has. I enjoy the hands-on training, and online training you can access 24 hours a day. The fees could always be lower. One thing they do well is teach you how to market yourself. Commission splits and fees are negotiable.

Coldwell Banker is one of the most well known real estate companies. I feel like the tools and support given are pretty good. Put in the time and effort, and you can really have a good career here.