Personal Property Consultants' experienced appraisal services are based on quality research, connoisseurship, objectivity and knowledge of the marketplace.
We take pride in the fact that our services have been used and recommended by insurance companies, attorneys, realtors and executors.
Our Appraisals Adhere To:
The American Society of Appraisers' Code of Ethics
The Uniform Standards of Professional Appraisal Practice
The Appraisal Standards set by The Appraisal Foundation of America
Our Appraisals Meet The Requirements Of:
The Internal Revenue Service
Major Insurance Companies
Attorneys & Trust Officers
Frequently Asked Questions:
What is an appraisal?
An appraisal is a legal document or a verbal opinion which describes property and estimates value.
Who is qualified to appraise?
A qualified appraiser is someone who has studied Valuation and Appraisal Science and has exhibited connoisseurship. This appraiser is recognized by peers in the American Society of Appraisers (ASA) and the American Association of Appraisers (AAA). The ASA and the AAA have the highest standards for membership in the industry. A qualified appraiser has taken and passed the Uniform Standards of Professional Appraisal Practice (USPAP) and adheres to the ethics of it and the Society.
What is personal property?
Anything that you can own other than your business (including antiques, residential contents, art, furniture, collections, silver, jewelry, musical instruments, militaria, pottery, toys, dolls, memorabilia... virtually anything).
Why do I need an appraisal of personal property?
to learn about an item
to sell an item
to satisfy the IRS when making charitable donations or paying estate taxes
to schedule or claim a loss for antiques, fine art, silver, collections, etc. for insurance purposes
to divide property equitably for estate or divorce purposes
to assist with estate planning and establishing net worth
What fees are associated with an appraisal of personal property?
Normally, there is an hourly charge for on-site examination of the property; product and market research and valuation; and written documentation and photos. We offer both verbal and written appraisals based on your particular requirements.
In some cases, a specified amount can be agreed upon by the client and appraiser. In other cases, additional fees (over and above the hourly charges) may be assessed for extensive research on rare or unique items, the use of outside consultants, courtroom testimony, or travel time.
For written appraisals, we require a signed contract and a retainer to cover initial expenses; balances are charged upon completion of the written documents. An estimate of the total charges will be provided following the examination of the item(s). Personal Property Consultants' appraisers never charge a percentage of an item's value. To do so would be highly unethical.
IRS Charitable Donation Form
Commercial, Industrial & Real Estate Valuations
Fine Diamonds & Gems, Jewelry and Watch Appraisals
Tips For Buyers & Sellers |
