As an appraisal consumer you will want to know how to select a qualified and professional appraiser, what the appraisal process actually entails, and finally, how much the service costs.
Selecting an appraiser
- Are trained and tested in their areas of specialization
- Have a solid understanding of generally accepted principles of valuation
- Are committed to ethical appraisal practices
- Are trained and tested in appraisal methods and report-writing
- Must re-accredit in recognized professional organizations
The appraisal process
After collecting the necessary data, we undertake the research phase of the project. When appropriate, we also consult with curators, dealers, artists, and appropriate experts. Our appraisers are highly experienced and efficient researchers.
Finally, the items are appraised using generally accepted principles of valuation, and we compose the written appraisal report. Reports address the specifics of the appraisal engagement and comply with industry standards.
The cost for appraisal services depends on the amount of time we spend on your project, as well as the complexity of the valuation and end uses of the document. Estimates of cost usually are expressed as a range and do not include applicable tax and disbursements. Appraisal Associates has a minimum charge for any appraisal or consulting assignment.
Terms of Payment
Appraisal Associates accepts cash, cheques, bank transfers, and major credit cards. Credit card transactions and bank transfers are processed through the PayPal-hosted checkout link below: