The appraisal process is an important step in evaluating assets for legal, insurance or auction purposes. These appraisals tend to be directed towards estates. The first step in conducting an appraisal is to visit the location of the client’s assets. The completed written appraisal includes a description, approximate age, condition and fair market value at time of appraisal. Photographs are also taken of as many of the items as practical. Thorough knowledge of equipment and other physical assets ensures accurate, up-to-date market evaluations. We can also conduct an informal verbal appraisal for a minimal charge.
The validity of an appraisal is dependent on the quality of research performed by the appraisal company. The factors that make one appraisal better or more accurate than another include the research and documentation upon which the appraiser exercises his judgment, his experience in weighing the facts, and his devotion to accurate details. Norm is a graduate of the Certified Personal Property Appraisers Guild of Canada, (CPPAG) ,and graduate of the Institute of Canadian Certified Auctioneers (ICCA),and all appraisal assignments are completed in accordance with the Society’s Principles of Appraisal Practice.
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