PHOTO: Homebuyers are largely confused about real estate agent commissions. Redfin has updated its listing to change all that. GETTY

A new survey shows that nearly 40% of recent homebuyers don’t understand how their real estate agent was paid. Another 13%? They have “no idea” how much their agent was paid or even where the money came from.

Real estate brokerage Redfin is hoping to change all that, with its launch of more transparent home listings as of this morning. Starting today, all homes listed by a Redfin agent will clearly detail how much a buyer’s agent will make on the sale.


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