Hailey Johnson
Coldwell Banker is a real estate company that offers its employees a range of salaries and benefits. The average salary for a real estate agent at Coldwell Banker is estimated to be around $85,793 per year as of April 2025, with some sources placing it at $91,095 and $103,926. The salary can vary depending on location, with certain cities like Cupertino, Berkeley, and San Francisco offering salaries above the national average. Coldwell Banker provides certain benefits such as flexible working hours, location variety, and the option to work remotely. However, some employees have reported a lack of overtime pay and infrequent pay raises.
| Characteristics | Values |
|---|---|
| Average Coldwell Banker Real Estate Agent salary | $85,793 per year |
| Average hourly rate | $41.25 |
| Highest-paying job | EVP with a salary of $300,171 per year |
| Lowest-paying job | Front Desk Agent with a salary of $36,829 per year |
| Average salary for a Licensed Real Estate Agent | $160,505 per year |
| Average salary for a Realtor Associate | $126,173 per year |
| Overtime pay | Not usually offered |
| Pay raises | Not common |
| Paid sick days | Not common |
| Paid vacation days | Not offered |
| Flexibility benefits | Flexible working hours, location variety, and remote working |
| Overall compensation and benefits package | 3.5/5 stars |
| Satisfaction with compensation | 51% of respondents said they felt paid fairly |
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What You'll Learn
Coldwell Banker salary ranges
For example, a Front Desk Agent at Coldwell Banker earns an average of $36,829 per year, while an EVP earns an average of $300,171 per year. The average hourly rate for a Front Desk Agent is $18 per hour, while a Commercial Real Estate Agent earns an average of $92 per hour.
The salary for a Licensed Real Estate Agent at Coldwell Banker is estimated to be $160,505 per year or $77 per hour, according to Glassdoor. However, some professionals have reported earning up to $274,147 per year. ZipRecruiter estimates the average salary for a Coldwell Banker Real Estate Agent to be $85,793 per year, or $41.25 per hour.
Indeed's survey results show that Coldwell Banker employees generally do not receive overtime pay and that pay raises are uncommon. The company offers benefits such as flexible working hours, location variety, and the option to work fully remote. However, there are no paid vacation days, and health benefits are lacking.
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Real estate agent salaries
According to ZipRecruiter, as of April 2025, the average Coldwell Banker Real Estate Agent salary in the United States is $85,793 per year or $41.25 per hour. However, it is important to note that actual compensation can vary, and Coldwell Banker employees have attributed a rating of 3.5/5 stars to their compensation and benefits package.
Indeed provides a different perspective, with an estimated average salary range for Coldwell Banker employees from approximately $33,985 per year for a Loan Coordinator to $126,173 per year for a Realtor Associate. The hourly pay also varies, ranging from $13 per hour for a Front Office Assistant to $28.29 per hour for a Director of Marketing.
When it comes to overtime pay, the majority of Coldwell Banker employees surveyed by Indeed reported that they do not receive overtime pay and that pay raises are infrequent. The company does offer certain benefits, such as flexible working hours, location variety, and the option to work fully remote. However, there are no paid vacation days, and the company prioritizes cost-saving measures, which may impact employee benefits and satisfaction.
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Overtime pay
The lack of overtime pay and pay raises at Coldwell Banker may be a cause for concern for potential employees. While some roles may offer overtime compensation, it seems that the majority of employees do not receive this benefit. It is always advisable for individuals to research the specific policies and benefits offered by Coldwell Banker for their desired role and location, as these may vary.
The real estate industry, in general, is known for its unpredictable work hours and the need to be available at odd times to accommodate clients' schedules. This may contribute to the perception of a lack of overtime pay, as the nature of the work may blur the lines between traditional work hours and overtime.
It is worth noting that Coldwell Banker offers certain flexibility benefits, such as flexible working hours, location variety, and the option to work fully remote. These benefits may provide some balance to the reported lack of overtime pay and pay raises. However, it is always advisable for employees to understand their rights and entitlements, especially when it comes to compensation for their time and efforts.
Overall, while Coldwell Banker may offer attractive flexibility benefits, the majority of employees report a lack of overtime pay. This is an important consideration for individuals evaluating potential employment opportunities and highlights the need to thoroughly research and understand the compensation and benefits offered by any prospective employer.
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Salary by location
Coldwell Banker is one of the oldest and largest real estate brokerages, with over 100,000 agents worldwide and a presence in 45 countries. The company's commission rates vary by location, with some offices offering a 55/45 split and others a 60/40 split. The specific rate is negotiated between the brokerage and the agent and can depend on factors like years of experience and sales volume.
In the United States, the average Coldwell Banker Real Estate Agent salary is $97,207 per year, according to Glassdoor. ZipRecruiter reports a similar average of $85,793 per year. The salary range for this position is quite wide, with ZipRecruiter reporting salaries as low as $28,500 and as high as $149,500. The majority of salaries fall between $60,000 and $100,000, with the top earners (90th percentile) making $128,500 annually.
Within the United States, there are several cities where Coldwell Banker Real Estate Agents earn above the national average. Cupertino, California, tops the list, followed by Berkeley, California, and San Francisco, California. San Francisco beats the national average by 17.8%, and Cupertino by 23.4%. Other cities with higher-than-average salaries include Chicago, Illinois, where the average salary is $88,379 per year.
While specific salary data for other countries is not readily available, it is worth noting that Coldwell Banker agents' salaries are influenced by factors such as the cost of living in a particular location. Therefore, locations with a lower cost of living may offer competitive salaries despite not having the same economic advancement opportunities as larger cities.
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Salary satisfaction
Indeed's Work Happiness survey found that 51% of respondents felt they were paid fairly for their work at Coldwell Banker. The survey also revealed that the company offers benefits such as flexible working hours, location variety, and the option to work fully remote. Respondents also reported no paid vacation days, but 30% agreed that it was easy to request paid time off.
Glassdoor's salary estimates for Coldwell Banker employees give the company a rating of 3.5/5 stars for compensation and benefits. The salaries for various positions at Coldwell Banker vary widely, with front desk agents earning an estimated $36,829 per year, while EVPs earn approximately $300,171 annually.
Real estate agents at Coldwell Banker have reported a wide range of salaries, with an average of $85,793 per year or $41.25 per hour as of April 2025. Some sources place the average salary for real estate agents at Coldwell Banker much higher, at $103,926, while others report it to be lower, at $91,095. Licensed real estate agents at Coldwell Banker have reported an even higher average salary of $160,505 per year, with some earning up to $274,147 annually.
Overall, while there is a range of salaries and satisfaction levels among Coldwell Banker employees, the company offers flexibility and the potential for high earnings in certain roles.
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Frequently asked questions
Coldwell Banker agents are paid based on an hourly rate, which varies depending on the role. For example, a Front Desk Agent makes approximately $18 per hour, while a Commercial Real Estate Agent can make up to $92 per hour.
According to Indeed's survey, 97% of respondents stated that there was no overtime pay. However, 16% of respondents to another survey claimed they did receive overtime pay.
Coldwell Banker offers benefits such as flexible working hours, location variety, and the option to work fully remote. While there are no paid vacation days, 30% of respondents found it easy to request paid time off.
