I am a real estate agent in California. I used to work for REEBROKER aka Real Estate E Broker or www.REEBROKER.com
First off I thought- awesome! No huge commission split to my broker, just a small fee. I quickly joined and brought my 3 listings with me, very excited knowing I would be making much more on these closings.
Much to my surprise there were fee's for everything! What really upset me is that they would actually deduct money from my commission if I needed help or questions answered from the broker! The staff was rude and uninformed on real estate law and compliance issues... all in all I was blown away by the lake of knowledge and willingness for support. That is the brokers job, to support his agents, not only to help us but to protect him against lawsuits etc, why would they not be willing and ready to supply support? I had an issue with a current escrow and when I called in the staff told me that if another broker called and complained about me then they charge $100 out of my commission for that... ridiculous! Pretty much they don't want me to fight for my rights, but want me to leave them alone and just get my closings to happen.
All in all, a bad broker to work for; unless you don't ever need to contact them via phone and will never have a question, concern etc arise in the course of your employment with them. I found another brokerage with better fees and a helpful staff... I am writing this because I wish I had seen blogs about this "100% Broker" in the past to avoid all the problems I have had and the wasted opportunities.