6% commissions are so last year

Guest perspective: What's in store for home buyers and sellers in 2005?

ForSaleByOwner.com, a national real estate services company that allows home buyers and sellers to connect online without the need for a real estate agent, makes the following predictions for real estate in 2005:

1. Increased industry competition means home buyers win big. Along with shrinking real estate commissions across the board, consumers will get more benefits when they sign up with mortgage and real estate services companies competing for their business.