Excessive Fees, Unfair Splits, and Unprofessional Culture - Recensione dipendente - Licensed Realtor presso Coldwell Banker

2,0
7 set 2025
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Recognizable national brand with name recognition. A few experienced agents who are willing to share knowledge.

Svantaggi

Excessive referral fees: Agents face referral deductions of 47–49% of their commission, which severely limits earning potential. Corporate deductions: A perpetual “corporate fee” of around 6% is taken from every commission check, in addition to the split. Unfavorable commission structures: Even if a higher split is negotiated, the sheer volume of additional fees quickly erodes income. Desk fees and penalties: Monthly desk fees are charged regardless of production which is normal but, late fees are added if you cannot pay on time—even during slow periods. Direct deposit information is unable to be deleted in the billing portion of profile and may cause agent to have bounced check fees. Work environment: The office atmosphere often feels cliquish, with favoritism shown to certain individuals. The setup lacks privacy (offices without doors, noisy environment), and professionalism is inconsistent. High turnover among new agents: Many new agents do not stay long due to unmet expectations and lack of support. Transaction support issues: Administrative staff have made repeated errors in transaction processing, which reflects poorly on agents and creates unnecessary client issues.

Esplora altre recensioni su Coldwell Banker

5,0
23 apr 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Recognition due to the name

Svantaggi

Although we are independent contractors,the broker continues to micromanage and it’s unbelievable how much money they take from our commissions.

2,0
30 mar 2026
Dipendente anonimo
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

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.

Svantaggi

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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