Penrose Appraisals

MARCH 14, 2024

Rather, it is likely that an appraiser will have to conduct research in order to arrive at a determination of value. Identification. In some cases, positive identification may require the opinion of a recognized expert who may or may not be the appraiser. Market research. So, how do they do that?

Appraiser/appraisal 98

Appraiser/appraisal Maker/Artist Equitable Distribution Identification 98

Penrose Appraisals

SEPTEMBER 27, 2022

An appraiser is trained in this kind of market research and likely spends much of their time monitoring market conditions. For example, if you are donating to your local museum or historical society, you may have no idea how to even go about finding out what a 19th century plow is worth. Avoiding bias. Peace of mind.

Charitable Donations 52

Charitable Donations Appraiser/appraisal Antiques and Decorative Arts Market Value 52

International Society of Appraisers

MARCH 14, 2025

You must determine the most common market where the property is sold to the public (i.e., the market in which sales to the public most frequently occur). As appraisers, we are market researchers. It is our responsibility to be familiar with various market levels and marketplaces.

Appraiser/appraisal 52

Appraiser/appraisal Market Value Appraisal Reports Hypothetical Condition 52

ValuePros Appraisal Services

APRIL 9, 2025

Item Identification: Each item is identified and described in detail. Market Research: Appraisers research the market value of comparable items. They may look at recent sales data from online markets, estate sales, auction houses, and other sources. This ensures efficiency and accuracy.

Appraiser/appraisal 52

Appraiser/appraisal Estate Tax Appraisal Reports Appraisal Process 52