Remove Identification Remove Market Research Remove Market Value
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Office Hours Information from March 2025

International Society of Appraisers

Q: In a damage claim, what's the most common marketplace for determining the fair market value of diamond jewelry? Is it the orderly liquidation market, retail market, retail replacement market? The process for determining fair market value for a damage claim would be the same for any other intended use.

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What Does An Appraiser Do, Anyway?

Penrose Appraisals

Rather, it is likely that an appraiser will have to conduct research in order to arrive at a determination of value. Identification. In some cases, positive identification may require the opinion of a recognized expert who may or may not be the appraiser. Market research. So, how do they do that?

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Why You Should Get A Charitable Donations Appraisal

Penrose Appraisals

On this form, you list each of the items you have donated along with some basic information about them, including "fair market value" and "method used to arrive at fair market value." An appraiser is trained in this kind of market research and likely spends much of their time monitoring market conditions.

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Personal Property Estate Appraisal Explained

ValuePros Appraisal Services

Fair Distribution of Assets: When dividing an estate among beneficiaries, an appraisal provides an objective basis for determining the value of each item. 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.