A new low in real estate commissions

IPayOne goes to bat for 1%

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IPayOne Inc., a discount brokerage based in Carlsbad, Calif., is bringing real estate commissions to a new low: 1 percent.

Launched in March by a group of mortgage and real estate companies, iPayOne has made some major marketing moves in its home region, securing an exclusive real estate advertising contract with the San Diego Padres baseball team.