Remove Identification Remove Market Research Remove Research
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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. It may require research, as when faced with unknown maker's marks on the bottom of a piece of pottery. Market research. So, how do they do that? What is it made of?

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Why You Should Get A Charitable Donations Appraisal

Penrose Appraisals

Note that all of these, except for appraisal, require you to do some research and possibly actual legwork to determine an acceptable answer. An appraiser is trained in this kind of market research and likely spends much of their time monitoring market conditions. Avoiding bias. You paid $5,000 for it just five years ago.

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Office Hours Information from March 2025

International Society of Appraisers

You must determine the most common market where the property is sold to the public (i.e., the market in which sales to the public most frequently occur). As appraisers, we are market researchers. It is our responsibility to be familiar with various market levels and marketplaces. current asking prices).

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Personal Property Estate Appraisal Explained

ValuePros Appraisal Services

Item Identification: Each item is identified and described in detail. Market Research: Appraisers research the market value of comparable items. They may look at recent sales data from online markets, estate sales, auction houses, and other sources. This ensures efficiency and accuracy.