July 11, 2024

Fryer And Brown

Creating Your Dream Home

How Do I Get Something Appraised?

How Do I Get Something Appraised?

Getting an antique appraised requires finding an expert that is able to give your antique a dollar amount. The first step in finding the right antiques specialist is to determine if the he / she is qualified. Personal property appraisers aren’t regulated by the government and they only hold business licenses. Appraisers must have specific experience as well as education including national exams and a continuing education. Qualified appraisers must be certified by one of three major associations including the American Society of Appraisers, the International Society of Appraisers, and the Appraisers Association of America. Each organization has its own criteria for membership involving education and experience. They also have ethic codes that members must observe.

Appraisals can be located online using different search engines such as Google. It is important to do research beforehand to ensure that the this expert has the necessary experience and education. Once you locate the right appraiser, the next step is to take the antique item or items to the appraiser. Appraisers charge hourly and rates can range from $150-$350 depending on how qualified the appraiser is. The average amount of time it takes to evaluate antique furniture or fine arts is 30 minutes to two hours depending on the item.

The next step would be to wait for the item or items to get appraised. Once the item is appraised, the expert will write a report that concludes with the value. This includes identification research, market research and analysis, as well as on-site inspection. If you are satisfied with the report, the next step would be to take the antique to a dealer that wants to buy your item. However, you may want to get a second opinion if you believe that your item is worth more money. Maybe you had doubts about the qualifications of the appraiser or you believe that the report that you received is inaccurate. You may take your item to a more qualified appraiser who can give you a second appraisal. This provides a more reliable result since now you have an appraisal from two different sources along with different qualifications. You may want to get an appraiser from two of the three different associations which provides for a more diverse appraisal.

Once you are completely satisfied with the appraisal of the antique, the antique may be taken to a dealer to get sold. It is important to do the necessary research to determine which dealer would be right for you.