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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).
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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.
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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.
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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.
Are older stales still relevant in residential appraisalreports? In this article, we’ll explore the nuances of using older sales in appraisals and debunk the common misconceptions surrounding their validity. The answer isn’t as simple as black and white.
Are older stales still relevant in residential appraisalreports? In this article, we’ll explore the nuances of using older sales in appraisals and debunk the common misconceptions surrounding their validity. The answer isn’t as simple as black and white.
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.
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.
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The information will allow you to confidently sell your jewelry , ensuring transactions are legitimate during and after the sale of your jewelry. False Appraisal A scammer may claim to be interested in purchasing your jewelry but insist on using a specific appraiser. Illegitimate Buyers Scammers are excellent actors. Read more
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?
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.
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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.
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. Cost-effective.
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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.
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On a recent museum conference visit to Seattle, AXA ART America’s CEO, Christiane Fischer, and members of her team met with Erin Fossum, a Seattle-based Accredited Member of the International Society of Appraisers (ISA). What impact, if any, did this have on your work as an appraiser? Unfortunately this is often not the case.
Since the shelter-in-place order, we have been busy serving our clients, completing research on projects started prior to the stay-at-home mandate, delivering appraisalreports, brokering artwork sales, and providing pre-purchase consultations. We are also here to speak with you about your appraisal needs.
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.
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It inspires mixed feelings in me--as a small business owner, I am well aware of how important Black Friday sales are for the survival of small retail businesses, but I also sense the imbalanced dynamic of our society's relationship with things. I don't feel like I don't have any business dictating your consumer choices.
Can AI technology create, design, appraise, and curate fine art? Can you take The Starry Night ‘s glow or the Mona Lisa ‘s gravitas and feed that into a bunch of software code to develop a description, an interpretation, or an appraisal? Can you explain what the AI role is becoming in appraisals?
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.
You do not write it as “2024-2025 USPAP” Remember, we are USPAP Compliant (not certified) Q: I am working on a non-cash charitable contribution appraisalreport and am confused about my effective date. I typically include thumbnail photos of all items in the body of my appraisal. Q: What appraisal software is best?
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