Would You Sell Your Home on the Internet?

It is one thing to sell a Pac Man Fever lunchbox, a slightly damaged golf bag, or a used pink bathrobe. But how many people are bold enough to sell their house on the World Wide Web?

Lots, according to a survey by first4sale, an innovative online property website. Research by YouGov, which questioned nearly two and half thousand UK citizens, found that 70 per cent are comfortable selling their most valuable belonging - their property - over the World Wide Web. The relatively new idea of SIY - Sell it Yourself - could save four billion pounds in unnecessary estate agency fees, reasons first4sale.com. "It reflects consumer confidence in the internet," says Mark Fisher, First4sales.com chief executive. "The net has over ten million users in this country. SIY has evolved quickly from dealing in smaller, low-valued possessions. More than 190,000 cars are sold on the Internet each year, and houses are now the latest big-ticket item to sell yourself."

It makes sense. By selling online, you avoid the estate agents commission, usually 1