Sales Associate - Realtor Coldwell Banker Employee Review

1.0
Jan 6, 2015
Recommend
CEO approval
Business Outlook

Pros

The only pro is the nationally recognized name.

Cons

High desk fees, high yearly attorneys fees - both mandatory at CB, legitimate leads only go to the highest producers. The only face to face leads you receive are sitting floor time (means you sit at the front desk and answer phones and take messages for the rental department) and open houses. Terrible commission split for new agents. Training is old fashioned, they tell you to cold call FSBO's for clients. If you don't have 2 years of healthy savings and can afford to advertise $400-$500 per month, don't waste your time here. You will be told you need 6 months of savings, not true, 2 years minimum. This is big business and sales associates are a major source of income for CB. It is difficult competing with associates who have been in the business 20 years. Very few Real Estate Associates last a year, if you leave for a better commission split elsewhere be sure to do it by 30 JUN otherwise you will be charged another $450 in attorney's fees even though you will no longer be affiliated with the company.

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
5.0
Jul 15, 2026
Recommend
CEO approval
Business Outlook

Pros

Excellent tools and management. Commission splits are competitive and you get to work with people that want to see you grow.

Cons

None that I can think of

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