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What Does An Appraiser Do, Anyway?

Penrose Appraisals

Similarly, an artist who has recently passed away may see a surge in interest and therefore value. Market research. It is only after learning about and considering all of these things that an appraiser can then turn to the market to make a determination of value.

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Why You Should Get A Charitable Donations Appraisal

Penrose Appraisals

On this form, you list each of the items you have donated along with some basic information about them, including "fair market value" and "method used to arrive at fair market value." An appraiser is trained in this kind of market research and likely spends much of their time monitoring market conditions.