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What Does An Appraiser Do, Anyway?

Penrose Appraisals

Similarly, an artist who has recently passed away may see a surge in interest and therefore value. Market research. It is only after learning about and considering all of these things that an appraiser can then turn to the market to make a determination of value.

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Personal Property Estate Appraisal Explained

ValuePros Appraisal Services

Sale of Assets: If the estate needs to sell personal property, an appraisal provides a realistic market value, helping to determine a fair selling price. Legal Requirements: Courts and fiduciaries often require certified appraisals for legal proceedings related to estates.