Redfin 1% listing fee working better than buyer rebates

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Once promising to be the darling of homebuyers by offering rebates, Redfin is now chasing homesellers with a discount commission promise. The Seattle-based tech broker is targeting listings by offering discounts to sellers and reducing its rebates to buyers. The composite commission still comes out to 3.5 to 4 percent for homesellers, but it may represent savings from the standard commission.