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Online Antique Appraisal?
Call it online estimate or something. "Appraisal"
means formally establishing a value and the best you can hope for would
be an online estimate. A true antique appraisal is a legal
document! Antique appraisal is an art and
generally performed by an appraiser using
"experience" and a "trained eye". So, to
be fair, don't expect an appraiser (blinded in an electronic
world) to be able to provide you with anything more than an
estimate.
Antique Appraisal - Why Are
You Looking for One?
The type of antique appraisal you need will determine whether
or not an on-line appraisal will do. If you need the appraisal
for insurance purposes, ask your insurance agent to cover the
TOA (Terms of Agreement) on property valuation prior to making
your decision. If you are only seeking an antique appraisal to
satisfy your own curiosity as to the value of an item you have
come across, then by all means consider finding a place online
to provide you with such an appraisal. But, no matter how
cheap the antique appraisal is -- get something in writing.
Antique Appraisal - What to
look for in an appraiser.
To start, any antique appraisal firm you find online
should clearly communicate: cost, what you get for your money
and their contact information (telephone, email and physical
address).
If you are considering using an
online antique appraisal firm, consider this: Does their
website look professional? Is their website fully functional
(like it works and is not full of broken links)? Is there any
"very small print" that you need to read? You should
get the point by now -- use common sense.
Antique appraisal firms are
numerous, so investigate an adequate number of them before
deciding on one. This amount of research you should do, of
course, depends on the value of the item you are considering
for appraisal.
Antique Appraisal -
Considering Selling Your Item?
Although it is not a hard and fast rule, we would suggest
you do not sell you item to the same person or firm doing your
antique appraisal. If you need to break this rule, make sure
the appraiser does not know this is your intention prior to
performing the appraisal.
And Finally, Get References
Ask a professional you already do business with to recommend
one. Ask your bank manager or your attorney -- they are both good sources.
You can also contact the American Society of Appraisers, where
each member must pass an exam on valuing property and on ethical
standards associated with the practice.
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