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As a rough guide; selling through an auction is ideal if you want to market your items to a wide audience. Auctions are suited to items that have a subjective value or are of low commercial value. Private sales are well suited to items with an objective value, or where direct comparison with previous sales can be made.

Sellers may accept credit cards, checks, money orders or even wire transfers. For specific questions relating to payments, winning bidders should contact the seller directly.

Get a Valuation, or an 'In-House Estimate' Auction houses will physically need to see the item for further investigation, in order to provide the most accurate estimate. A specialized valuation will be able to give you an accurate picture of market trends after comprehensively researching the auction landscape.

There is no right or wrong way. The important thing is to use an approach that aligns with your price limit and to have confidence. If you are a newbie in the game, by remaining steady, reading the room and being patient, you'll have a better chance of walking home a first homebuyer.

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