I know this is an old thread, but I wanted to comment.

There are lots of companies that offer 100% commission. This one says $395 per closing with no surprises. Yet, if you read their contract they also charge a processing fee of $345, which agents quite often pay out of their commission. Usually the 100% companies either charge a processing fee or a monthly fee to the agent.

If you want to go with a 100% company I would suggest a google search and look at several of them.

unless a company has a bunch of top producers or they are completely virtual and very low overhead and little support for agents, i don't see how they can survive on a small fee per closing but more power to them

You get what you pay for. If you're a seasoned pro who doesn't need a great deal of support, then 100% brokerages are going to be for you. I don't think these are necessarily the right places for new agents, though.

Considering my time spent reviewing contracts, time for me (or my assistant) to deal with filing/organizing, E&O insurance, and other miscellaneous costs, it costs about $350 a transaction just to break even...And that's running an entirely virtual operation. (Hence, I'm super picky about whom I would hire.)

You therefore need to have an army of hundreds upon hundreds of agents--all of whom are regularly producing--if you're going to be able to offer anything above the bare minimum support to them.

I offer a low monthly fee and an all-inclusive transaction fee. Alot of agents like this especially since values are down. Agents need more of their commission just to stay in business.