Have 1 to 3 items and you want to know what they are worth?
Every situation is unique and we will always tailor our approach to suit the client requirements.
The Appraisal Report will include a detailed description of the item(s) being appraised, photographs, the final value conclusion and in the appropriate situation supporting documentation.
Our formal appraisals tend to follow a structured and uniform approach; this ensures that we handle the project in an organized manner and make the best use of time:
We begin with a conversation, typically conducted via telephone. During this, we hope to determine the scope of the work and understand the client goals and expectations. Some assignments require the necessity of a walkthrough appointment to determine the full scope of work required. This is also a good time to ask us any questions relating to the process you may have.
Based on the information obtained from the initial discussion or the walkthrough, we will discuss terms and prepare a contract for signature. A deposit may be required at this time.
This time will be typically be used to inspect and photograph all items. The formal appraisal can also encompass a number of other steps, depending on the circumstances. These may include:
A verbal appraisal often takes the form of a “walkthrough” and discussion around the value of the items. It can be a great way to minimize the initial investment of your time and money. For some, this verbal appraisal will be all that’s needed. However, for many requirements, particularly those which have any form or legal of tax connotations, it is unlikely that either an informal or verbal appraisal will suffice. In these instances, a full formal appraisal will be required.
To meet both ISA and USPAP requirements, verbal appraisals require the appraiser to retrain a complete paper work file with all details of the verbal appraisal recorded.
We are a member of the International Society of Appraisers (ISA) and all of our processes and documentation conform to the Uniform Standards of Professional Appraisal Practices (USPAP) guidelines.