What should I know about buying art at auction for the first time?

Buying art at auction can be exciting but a bit daunting if you're new to it. First, set a budget to guide your bidding and stick to it. It's easy to get caught up in the moment! • Research the artists and artworks you're interested in beforehand, as this will give you a better sense of value and help you make informed bids. • Also, be aware of any buyer's premiums that auction houses may charge on top of the hammer price. This is an additional fee that can vary, so check the auction terms. • Don't hesitate to ask staff at the auction house for advice if you're unsure about anything-they're usually very helpful and can guide you through the process.