Penrose Appraisals

MARCH 14, 2024

Also, it can sometimes uncover particularly interesting details about the item's provenance. Provenance refers to the previous owners of the item. 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.

Appraiser/appraisal 98

Appraiser/appraisal Maker/Artist Equitable Distribution Identification 98

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

This includes noting any unique characteristics, conditions, and provenance. 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