How to sell stolen items in Oblivion

Working out how to sell stolen items in Oblivion is one of your first steps as an enterprising thief or regular old RPG player. Honestly, even when I'm playing a good character I still steal like an absolute menace, and I'm certain I'm not alone in that. Being a thief in Oblivion is one of the most lucrative ways to play, and perhaps the most rewarding thief experience in the entire series, considering merchants have unlimited gold.

If you're tired of lockpicking to filch valuable items...