Where to find appraiser

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Technical and Training Grant Awards. Notice of Funds Availability. Grant Resources. State Credential Number. First Name. Middle Name. Last Name. Name Suffix. I am sure there are a few valuable ones in there, but aside from quitting my job to spend eight hours a day sorting through them one at a time, what are my options for getting it appraised? A: The key thing you need to beware of when seeking out an expert to value an heirloom is conflict of interest: You don't want the person evaluating your property to have an active interest in purchasing it.

So rather than simply walking into any antique shop or auction house and asking for an appraisal, instead hire a certified appraiser. You're more likely to get a fair judgement from such an individual because it's a violation of his or her professional ethics to offer to buy an item he has been hired to appraise. You can find a certified appraiser in your area specializing in stamps—or any other type of collectible, antique or valuable—via the websites of the three major appraiser organizations: International Society of Appraisers , American Society of Appraisers , or Appraisers Association of America.

Each member's profile should list his or her certification level and background in appraising property similar to yours. Enter the zip code you want to search and a search radius in miles.

Many appraisers work throughout the country and may show up in the willing to work in your area section. Zip code searches accommodate US zip codes only. Search for appraisers within a particular state. To narrow the search to a particular area, use the zip code search.

Select the amount of miles to search around the radius of the zip code. The countries listed in this menu display the countries where ASA currently has membership representation. Business Valuation - what is my business worth? Gems and Jewelry - jewelry and gemstones. Additionally, it will give you the opportunity to end the appraisal process before a final report is issued if you are not happy with the process. What qualifies you to appraise my specific property? Do you belong to an appraiser society that tests?

There are a number of certificates and training programs for appraisers, but only some have standardized teaching and testing methods. If they are part of an organization that requires testing to be accredited, you can be sure that they meet the required expectations.

How will you handle issues outside your specialty? There are over areas of specialty knowledge in appraising and no one person can master them all. It is likely that they will come up against issues that they are not fully qualified to understand. Their ability to consult other colleagues and experts can assure that they have the problem solving skills needed to successfully do the job.

What will your report look like? You should receive formal and organized documentation of how they came to their conclusions. Ask for examples of their previous work so that you can see how they organize and present their information so you can make sure you understand their work. Make sure to find out the details of their compensation and report turnaround.

Once you decide that the appraiser you've met is one that you want to move forward with, you'll want to make sure you know all the details of the working relationship you are about to enter. The fee you'll pay depends on the complexity of the property, type, size, and market. They should also be able to give you a rough turn around time when it will be done. The usual time frame is about a week, but they may be able to get it done sooner for an additional fee.

Method 3. Find out what your money is getting you. Typically an appraisal will include: a multi-page document that includes a description of the property being appraised, the date of the report, its purpose and intended use, the methods and assumptions of the appraiser, and comply with any legal form obligations in your state. Sign a service agreement. Typically an appraiser will have you sign a service agreement that will tell you what their services will include, the time they expect it to take, and how they will be paid.

It will also give the details of the report they will provide for you. The actual payment date can vary. Most will require at least a partial payment up front, but they may have a different policy. Understand that appraisals are subjective. An appraiser will provide their personal opinion of value, based on their estimate of the market's reaction, but other appraisers will have varying opinions and sometimes the market reacts in unexpected ways.

An appraisal is no more accurate than other predictions of human behavior. Don't give an appraisal more credence than it deserves. Appraising is mostly subjective, not the hard science many lay people believe it to be. The estimated value of a given property is a value reflective of the current market and is completed using historical data. However, you should understand that an appraisal good or bad will put a stake in the ground that will be recognized by lenders, buyers, and sellers.

Overcoming a low appraisal can be difficult. The effective date is reflective usually of the date of inspection and is typically the cap for the date of sale that a potential comparable may have. A current market value does not predict the future and a good appraiser will recognize the intended user as a consumer and write a detailed explanation of market trends.

Use the report for a loan or sale.