INVALUABLE INSIGHTS & FAQ
Is AI and Tech Transforming Appraising?
In today’s digital world, nearly every profession is being transformed by technology. The field of personal property appraising is no exception. From high-resolution imaging and blockchain provenance records to AI-powered market analysis, tech is changing everything. But even with these powerful tools at our fingertips, one thing remains constant: the irreplaceable value of human expertise.
Ethical Considerations in Art Appraisals
In the world of art appraisal, trust is everything. Whether working with attorneys, museums, insurers, or estate planners, clients rely on appraisers not only for our knowledge and experience but for our integrity. The value we provide lies not just in the numbers we report, but in the professionalism, impartiality, and ethical rigor with which we approach every assignment.
The Cost of an Appraisal: What You’re Really Paying For
As an accredited appraiser with the International Society of Appraisers (ISA), one of the most common questions I encounter is: “Why do appraisals cost so much?” It’s a fair question, especially when clients are unfamiliar with what goes into the process of valuing personal property, particularly fine art. The cost of an appraisal can feel significant, but understanding the rigorous work, expertise, and expenses involved can shed light on why these services are worth the investment.
The Art of Appraising: Demystifying the Process
Appraising fine art is a meticulous process that requires a deep understanding of art history, market trends, and valuation techniques. This blog post walks you through the appraisal process from the initial contact to the final report submission, highlighting the careful steps and techniques involved.
How Appraisers Charge for Their Services
Understanding how appraisers charge for their services can be confusing. This blog post aims to clarify how appraisal fees are determined, emphasizing the importance of hiring a qualified professional who adheres to ethical standards.
What Type of Appraisal Services Do You Need?
More often than not, clients request an appraisal, assuming that there is a one-size-fits-all report that can satisfy any need. However, valuation services are more nuanced, with each type tailored to specific purposes. Understanding these differences is crucial in ensuring that you receive the appropriate report for your needs, whether it's for insurance, estate planning, donation, resale, etc.
Tips: How to Best Prepare for a Fine Art Appraisal
Communication is key throughout the appraisal process. The more information a client can provide the appraiser in advance the better. If you’ve never had your artwork professionally appraised or inspected, here are a few tips to keep in mind that can help streamline the process.