Is Coldwell Banker Right for You? Weigh the Pros and Cons
Coldwell Banker is one of the largest real estate companies in the world, with over 3,000 offices in dozens of countries worldwide.
If you’re looking to buy or sell your home, could Coldwell Banker realty be right for you? Like any company, there are several advantages and disadvantages.
Who is Coldwell Banker?
First, it’s important to understand a little bit of the company’s background. They were founded in 1906, so it’s been around for over 100 years. It’s one of the oldest and largest real estate companies in the country.
Coldwell Banker real estate also has more affiliated real estate agents than any other company. There’s at least one office in most major cities globally.
One advantage of using Coldwell is that it is a large company with many offices. You can move to nearly any major city and find a Coldwell Banker office near you. This can be beneficial if you move around a lot and like to stick to a company with which you’re familiar.
Also, since the company has existed for over 100 years, it’s also an established brand that’s well-known in the real estate industry.
There are also a few disadvantages to working with Coldwell Banker, the most significant of which being that it is a large company. With bigger companies you tend to get less individual attention from real estate agents. They tend to take on many clients at a time and don’t have enough hours in the day for everyone.
Their real estate agents also may not be as familiar with the neighborhood as a smaller real estate office may be. This can end up costing you thousands if they’re unfamiliar with the local housing market.
At the end of the day, it’s up to you to decide which type of real estate company fits your needs the best. If they aren’t the right one for you, be sure to give your local office a call.