This is a summary. To read the whole story subscribe to BostonGlobe.com
CHELMSFORD — Donald Van Dyne wants to take real estate brokers out of the process of buying a house.
The Chelmsford entrepreneur recently launched a new website, iGOfsbo.com , which allows residential home sellers and buyers to make online transactions without the assistance of a real estate broker. He thinks the new system will turn the nearly century-old commission-based real estate model on its head.
“This breaks the brokers’ monopoly,” said Van Dyne, a licensed realtor and property manager who moved to Chelmsford about 13 years ago. “You’re still using real estate professionals, but you’re not paying the hefty commission.”