create wording about how to get started with an appraisal
Examination - The appraiser meticulously examines all property, evaluating characteristics, noting condition, obtaining measurements and taking photographs. The time spent in this phase is considered "On-Site Time".
Photographs - Digital photographs are taken to document the property, comply with IRS regulations, and to aid with research. Photographs are included in the appraisal report.
Research - The appraiser researches marks and labels translating where possible, verifies dates, locates comparable items and selling history, investigates appropriate markets, and consults experts, when necessary. This approach produces an accurate report that fully protects you and your property. This phase is considered "Research Time".
Report - The appraisal report is written in compliance with the International Society of Appraisers' (ISA) Appraisal Report Writing Standard, and Uniform Standards of Professional Appraisal Practice (USPAP). The report includes a cover document detailing the scope of work, process taken, definitions of values used, and a list of items with descriptions, photographs, and the appraiser's qualifications. The report is typed and bound.
Whenever there's a question about the value of your personal property, there's also a risk involved. It may be the risk of selling too low, or of paying too much; the risk of being under or over insured; the risk of not getting your fair share in a division of the property; the risk of incurring tax penalties or being audited when claiming a deduction for charitable contribution or when calculating estate taxes.
A professional appraiser helps you manage these and other such risks by providing a written opinion of value upon which you can base your financial decisions. Rather than being just an "educated guess," the professional appraiser's value conclusions are based on prescribed methods or evaluation, research, and report writing. Bankers, financiers, investors, insurers, adjusters, estate managers, trustees, executors, attorneys, judges, federal and state tax agencies—all are dependent upon the knowledge and expertise of the appraiser, and so are you.
Too often and too late, people find out that the appraisals they have are inaccurate or misleading, resulting not only in greater risk to themselves but also in an annual waste of millions of consumer dollars. A competent appraiser helps you manage financial risk.
The International Society of Appraisers trains appraisers with the most comprehensive personal property appraisal education program in America. An ISA-educated appraiser is well equipped to give you an accurate and complete appraisal that will stand up in court, if necessary. The foundation of ISA's Appraiser Education Program is its course on appraisal principles and procedures; the ISA Core Course in Appraisal Studies. Additional specialty courses are available.
A person enters the ISA as a Candidate. Upon completing and passing the core course (or equivalent) and with three years related experience, the candidate becomes a member. Within five years, the member becomes an accredited member (ISA AM) by demonstrating advanced knowledge in a specialty field. This forms the basis for further studies that can lead to Certified Appraiser of Personal Property (ISA CAPP), the highest level of membership within the International Society of Appraisers.
A competent appraisal report has:
Learn More about ISA Certified Appraisers on their website www.isa-appraisers.org