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As several articles have been published recently in high-profile publications raising questions about the use of AI in appraising, we wanted to take the opportunity to share our company philosophy about this issue. An appraisalreport is a document with potential legal and tax implications. USPAP 2024 Edition, page 12).
This is one instance where a profesional appraiser can help. Whether it is dividiing an estate, buying insurance, making non-cash charitable contribiutions or one of many other scenarios, an appraiser can help you and your family to make better decisions. Read on for more about how appraisals can help.
One crucial aspect of this understanding is obtaining a professional jewelry appraisal. However, the process can seem daunting, especially when it comes to gathering the necessary documentation. Documentation serves several purposes, including: 1. This includes information about the materials used (e.g.,
Hi, I’m Ray Nugent with ValuePros Appraisers , and I recently spent some time in beautiful Portland, Oregon, handling an estate appraisal. Whether it’s a modest household or a high-value estate with art, jewelry, and antiques, these are the four main reasons families choose to get an estate appraisal.
When Might You Need a Contemporary Art Appraisal? Art Acquisitions Art collectors, museums, galleries, and private individuals interested in purchasing contemporary Paintings, Sculpture, Photography, or Fine Art Prints might seek an appraisal to ensure they make an informed investment.
I am proud to announce I have completed my 3rd requalification with the International Society of Appraisers! I still can’t believe that 15 years ago, I started my Appraisal business. I have been Accredited by the International Society of Appraisers and appraising art collections for private collectors, museums, and corporations.
Recently I wrote an article for Worthwhile Magazine™ titled “A Consumer’s Guide to Insurance AppraisalReports: Do You Need One and How to Get One?” In my own appraisal firm, I answer many questions from potential clients who are unsure if they need an insurance appraisalreport or what the process is to get one.
A qualified jewelry appraiser can accurately determine the worth of your jewelry. Whether you are looking to sell your jewelry, ascertain the worth of a family heirloom, or seek insurance coverage, the expertise of a qualified jewelry appraiser near me is indispensable. What is a Jewelry Appraisal?
In this post we explore fine art valuation and appraisal, how an appraisal is conducted and the different types of art appraisals. How a Fine Art Appraisal is Conducted A fine art appraisal conducted by a certified appraiser starts with a thorough inspection of the artwork.
This is where jewelry appraisals come in. This comprehensive jewelry appraisal guide will delve into jewelry appraisals. So, what exactly are jewelry appraisals , and how do they work? What Are Jewelry Appraisals? The various types of jewelry appraisals and how they work. Let's uncover the answers together.
There are a few reasons why getting your jewelry appraised is important. At Buckhead Jewelry Appraisers , we recommend updating your appraisals every two to three years , regardless of whether you wear your jewelry often or store it in a safe place. It’s important to inform your insurer whenever you obtain new appraisals.
What Does a Jewelry Appraiser Actually Do? When most people hear the word appraisal , they think of a dollar value. But a professional jewelry appraiser does much more than name a price. Heres what really goes on behind the scenes of a professional appraisal: 1. Need an Appraisal?
Getting your jewelry appraised can really put your mind at ease by helping you understand exactly how much your valuables are worth. While there are many jewelry stores in Georgia, finding a reputable jewelry appraiser requires time and effort to avoid getting scammed. So, it’s important to find a reputable jewelry appraiser.
5/19/2025 12:00:00 AM This guide provides USPAP-compliant strategies for ISA members to earn the 700 appraisal hours required for Accredited Member status under the AQB Personal Property Appraiser Qualification Criteria (effective January 1, 2018). You might also offer clients insurance appraisals for newly acquired items.
7/3/2025 12:00:00 AM A common but important question is: Where should an appraiser sign their report? While it may seem like a small detail, signing the report correctly is essential for compliance with both USPAP and ISA AppraisalReport Writing Standards.
A Note from the Co-Editor: As an appraiser, I frequently invite new clients to send me pictures of their items so I can review them in advance and better assist with designing an appraisal scope of work that is most appropriate to their needs. There are some objects that are not well-suited for evaluating through photographs.
My latest article for Worthwhile Magazine™ tackles a tricky area of appraising: understanding the different levels of value. This is one of the most confusing elements of appraising that I spend a lot of time discussing with clients, so I wanted to cover the subject in an article that could reach and help a much broader audience.
Can you get an appraisal for just one or two items? Are there different kinds of appraisals? Do you appraise single items or only large collections? For instance, there are several types of appraisals, depending on what your needs are—are you looking for something to use for insurance or for an estate?
Valuation of Art Collections Determining accurate valuations for art pieces can be complex and subjective, therefore it requires expertise from a certified appraiser. Appraisers also use comparative analysis to provide a basis for estimating the artwork’s potential market value. This ensures integrity in their valuation process.
As partners of the Appraisal Foundation, we adhere to Personal Property Appraiser Qualification Criteria. Qualifying appraisal experience consists of tasks associated with the accomplishment of personal property assignments which result in a USPAP compliant report. As appraisers, we are market researchers.
Knowing what to expect during your jewelry appraisal appointment can help you feel more at ease. In this blog post, we’ll discuss what you can expect when you visit your appraiser. Schedule Your Appointment It is important to start the jewelry appraisal process by scheduling an appointment with a certified and experienced gemologist.
Knowing what to expect during your jewelry appraisal appointment can help you feel more at ease. In this blog post, we’ll discuss what you can expect when you visit your appraiser. Schedule Your Appointment It is important to start the jewelry appraisal process by scheduling an appointment with a certified and experienced gemologist.
False Appraisal A scammer may claim to be interested in purchasing your jewelry but insist on using a specific appraiser. The appraiser of choice is often part of the scam, providing false appraisals to justify a lower purchase price. A reputable appraiser will provide a detailed and thorough appraisalreport.
Jewelry appraisals protect your valuable pieces in the event of damage, loss, or theft. Knowing you need estimated values and understanding the appraiser’sreport once it’s available are two different things. Some of the questions we answer include: What is a jewelry appraisal? Who performs jewelry appraisals?
Understanding Jewelry Appraisal Jewelry holds a special place in our hearts, often symbolizing cherished memories, milestones, and sentiments. Whether you're curious about the value of your collection, planning for insurance coverage, or considering selling pieces, understanding how to appraise jewelry is essential.
As an accredited art appraiser, I’ve seen firsthand how valuable a professional appraisal can be for art collectors, whether you’re planning to sell a piece, insure your collection, or just curious about its worth. Proper preparation can make all the difference in ensuring a smooth and accurate appraisal process.
5/13/2025 12:00:00 AM Determining fair market value (FMV) can be a complex process, as it is highly dependent on the specific facts and circumstances surrounding each appraisal assignment. Appraisers must exercise professional judgment, supported by credible data and sound methodology, to determine FMV. Cost or selling price 2.
Jewelry appraisals provide an accurate picture of the worth of jewelry. Whether it’s an antique brooch you acquired at an estate sale or a custom-designed sapphire necklace, working with an appraiser helps you protect your investment. The option exists to have your jewelry appraised digitally or in-person. Valuation report.
You know you need an appraisal, but what kind of appraisal? The quick answer is that the kind of appraisal you need depends on your intention. Do you need to have a collection appraised for insurance? CURIOSITY If you are simply curious about the value of an artwork or collection, a restricted appraisal will help you.
When it comes to assessing the value of your artwork, a professional art appraisal can be an invaluable tool. Whether you’re considering selling a piece, insuring your collection, or simply curious about its worth, proper preparation ensures a smooth and accurate appraisal process. Here’s a guide to help you get ready: 1.
When couples decide to part ways, understanding the process of home appraisal for divorce becomes crucial. This appraisal plays a significant role in determining how assets, particularly the family home, are divided. What is Home Appraisal? A home appraisal is a professional evaluation of a home's market value.
That's where appraisal professionals step in. Selecting the right appraisal professionals can make a world of difference in your real estate transactions, ensuring that you get a fair deal, whether you're buying, selling, or refinancing a property. Appraisal professionals are the individuals entrusted with this crucial task.
Earlier, we posted Part one of this blog with the first six questions to ask when choosing an appraiser. As explained in Part I, there are many reasons you might need an appraisal of personal property. There is no national licensure requirement for personal property appraisers. Appraisal of an entire estate? No problem.
Those dual passions are what led us to creating Appraisal Builder Pro (ABP) back in 2015. ABP is quite simply a miracle product for the professional appraiser. It was created after Russ Hilk , CEO of Wavebid, sought to create a tool exclusively for personal property appraisers. The result was Appraisal Builder Pro.
Beware of jewellers who may claim to be appraisers, instead seek a qualified appraiser. Beware of jewellers who may claim to be appraisers, instead seek a qualified appraiser. In most cities there are a couple of certified jewelry appraisers. The less color in the stone, the more desirable and valuable it is.
Recently, a client contacted us for an insurance appraisal. An insurance appraisal serves several purposes, and thinking ahead provides peace of mind. WHAT DOES AN APPRAISAL INCLUDE? Documentation of current condition is one of the benefits all appraisals include.
While working on their appraisalreport, I contacted the Wyoming State Museum to see if they would be interested in having the mural in their collection. Once the appraisal established the value of the mural, the museum agreed to accession it into their collection. Most important is finding the appropriate cultural organization.
These guiding documents are a great place to start to determine whether your object’s condition is acceptable, or whether it requires attention. One of the most important aspects of planning for conservation is ensuring you have all necessary documentation throughout the process.
In gathering information to write this post, I was shocked to discover that anyone can legally present themselves as a personal property appraiser. There is no governmental license, proof of knowledge, or certification required to appraise personal property.
When it comes to appraisalreports, many of people have a tend to fast-forward to the final value estimate, akin to flipping to the end of an intriguing book to uncover the ending. Let’s delve into the fascinating world of the AppraisalReport and its pivotal role in real estate processes.
What I do have to share is my perspective as an appraiser, one gleaned from many years of studying the materials, construction, and design of things , and also from my role documenting what remains after someone has passed when I have to write an appraisalreport for estate purposes. I am not against things.
Pack your passport and other difficult-to-replace important documents (birth certificates, Social Security certificates, vehicle titles, etc.) What level of documentation would you need to provide to complete your insurance claim? Would you need to have an appraisalreport already on file, or could you obtain one after the fact?
This is where a personal property estate appraisal comes into play. What is a Personal Property Estate Appraisal? A personal property estate appraisal is a professional assessment of the value of tangible assets within an estate. Why is a Personal Property Estate Appraisal Important? This ensures efficiency and accuracy.
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