Appraisal

Appraisal

Certified Personal Property Appraiser for:

  • Furniture and Household Items
  • Industrial, Construction and Farm Equipment
  • Business Assets and Inventory
  • Vehicles, Boats, ATV’s
  • Coins, Jewelry and Art
  • Firearms
  • Store and Restaurant Fixtures

We offer unbiased personal property appraisals for Estates, Divorces, Banks, Bankruptcies, Insurance Companies and more. We spend a great amount of time researching like kind sales, comparing conditions, age and marketability of your product. Below are the guidelines and educational requirements to obtain this qualification.

The Certified Appraisers Guild of America is an accrediting organization providing certification of personal property appraisers. The Guild has been instrumental in helping to standardize the personal property appraisal profession. The members of the Certified Appraisers Guild form a network of valuable appraisal contacts throughout the United States and Canada.

Membership Requirements

Each member is required to attend professional training and pass a comprehensive exam before becoming certified. No one can be a member of the Certified Appraisers Guild of America without completing the certification program. There are no ‘grandfathered’ or ‘Associate’ members that have not completed the training and exam. Each member has completed the course work required to be certified by the Guild.

Membership Requirements

Each member is required to attend professional training and pass a comprehensive exam before becoming certified. No one can be a member of the Certified Appraisers Guild of America without completing the certification program. There are no ‘grandfathered’ or ‘Associate’ members that have not completed the training and exam. Each member has completed the course work required to be certified by the Guild.

Educational Standards

The training that each member is required to complete includes the uniform standards of personal property appraisal practice and appraisal report writing. Training includes special areas such as: Internal Revenue Service appraisal requirements, estate and gift appraisals, charitable donation appraisals, bankruptcy appraisals, insurance appraisals, appraisals for divorce, and casualty loss appraisals. In addition, each member is required to attend our courtroom expert witness seminar with special emphasis on appraisals for courts and testifying in court.

Certification

The Certified Appraisers Guild of America confers the professional membership designation CAGA to recognize the completion of the appraiser’s certification education. Members are professionals who have completed the certification process. In addition, the members have made a commitment to the Certified Appraisers Guild’s Code of Professional Ethics and to the Uniform Standards of Professional Appraisal Practice

There are many reasons to need an appraisal on your personal property.

Insurance Appraisal

Used to determine the value of property, not only for replacement value, but may be needed for damaged property.

Estate Appraisal

Used to determine value for division or the sale of an estate or the value at the time of death for estate taxes.

Bankruptcy Appraisal
Used to determine a liquidation value of your personal or business assets.
Divorce Appraisal

Used to determine the fair market value of property to be divided in a divorce settlement.

What is my property worth?

Here is an example of a phone conversion that I may have with someone

I just inherited my granddaddy’s 57 Chevy car, what do you think it is worth?

Since I don’t have any valuable information on this car yet or have physically seen this car – my answer would be somewhere between $2,500 and $125,000. Their response would be – why such a large gap in prices? My response to them would be – there are many factors to determine the value of Granddaddy’s 57 Chevy.

Is it a 2-door sedan, a 2 -door hardtop, a 4 door, a convertible or a Nomad Station Wagon?

Has it been in storage or is it back behind the barn with briars and trees growing up through it?

Does it have extensive rust, minor rust, no rust, original paint in excellent condition. Has it every been restored to original condition? If so, how long ago and was it restored by a professional?

Does it have the original motor? Does it have the 6 cylinder engine, a V-8 with a 2 barrel carburetor, a V-8 with a 4 barrel carburetor, a V-8 with 2 – 4 barrel carburetors or does it have the fuel injected V-8.

Is the transmission a 3-speed manual, a turboglide or powerglide automatic transmission?

What options did the car have on it. Does it have power brakes and windows or manual? Does it have A/C? Does the clock and radio work? Padded dash?

All the above listed would determine true market value of this car.
This is why you need to hire a qualified appraiser.