An online auction creates competition – it establishes a floor and eliminates the ceiling on pricing. A true method that reveals the Current Fair Market Value. It creates excitement and a sense of urgency that cannot be duplicated by any other method. An online auction will convert all your items into cash, not just your best items.
On the online auction method – prices are negotiated upwards through the momentum of competitive bidding. Can you think of a better way to determine fair market value than an online auction with an object offered by a willing seller and a crowd of willing buyers?