emailappraisals
Posts: 7
Joined: 11/5/2007
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quote:
EarlyGlass: Good luck with your appraisal business. I will say that your format looks very good, and your information seems nicely detailed. I can certainly see where your services could be helpful for insurance coverage, estate settlements, etc. however, I have a few questions. Who is the fact-finder or authority behind your analysis? Assuming one person cannot be an expert is ALL areas... do you have a bottle, flask and glass expert on your team? DO you make any reference in your appraisal to YOUR references for determining this value (e.g. prior collections, auction results, demand, etc.)? Also, how would you charge for a large 500 piece collection? If the collector is well versed and has a full understanding of the values, would you be able to take the information, review it, display it in your templated format and certify that it is accurate?
Well, just a few questions. :) I do appreciate what you are doing. There are many in this hobby (including myself) that will offer out appraisals for free, so being charged for such a service may catch a few collectors off guard.
Mike
Thank you for your response. We apologize for the slow reply. We have been very busy meeting our 2-day turnaround in addition to performing the formal appraisal reports of our traditional business. We especially value the feedback from an expert like yourself. In actuality, our $8.95 digital certificate is not acceptable by insurers, the IRS and courts. The certificate does not meet USPAP standards. The information in this digital format is a conclusion of the Market Comparison Approach to Value - the same approach we typically use when certifying a value in a formal report. So, we believe it to be accurate, understanding the limitations of receiving descriptions and hopefully images from another source. When we were put to the test on this item, fortunately we received the description and quality images from what is most likely a glass bottle expert. As you can imagine we are not always so fortunate to receive such a quality description and image. When we receive an order with a less than quality description, we are honest and clear about the limitations in our Appraiser's Comments section of the certificate. The accuracy of our value opinion can certainly be compromised by a lack of item identification. We have the resources and expertise to appraise accurately when we can identify the item. We have been producing personal property appraisal reports since 1976. We have a team of researchers and appraisers. All are trained in the proper methodology of the appraisal process. The common element of almost all quality performance is repetition. We carefully and diligently perform the same steps with each order. In addition we have amassed data, thousands of previous appraisals, and multiple staff members as quality control agents for every appraisal assignment. To your question of references - you must keep in mind the cost limitations ($8.95) and time restrictions (2 days) of this offer. We are not producing a certified appraisal report here like we do for our traditional business. We are not offering more for less. We are offering the value conclusion for a fraction of the cost, with some brief Appraiser's Comments. If a formal appraisal report is required or desired, this is not the format to go to. If you want an accurate value opinion from an experienced accredited appraiser who has all the resources of a 30+ year old firm, quickly, and inexpensively, then we believe this is a good offer. This $8.85 offer and procedure is not conducive to valuing a 500 piece collection. We would thankfully decline the assignment and discuss with you a formal collection appraisal. Again, we appreciate your questions and feedback. A free appraisal opinion from an expert like yourself and other experts in your community can not be beat. It is wonderful that you offer your time and expertise in this way. As you may understand if you visit our site, we have substantial fixed costs to present our offer. We display the information in a format that can be printed, emailed, uploaded to auction listings, etc. We also archive the appraisal in a protected account for future use. So, our fee is required. But, we will try to keep it modest by continuing to build volume and we appreciate you keeping us in mind when you or an acquaintance have an appraisal need - other than glass!
Email Appraisals Team
http://www.emailappraisals.com
< Message edited by emailappraisals -- 11/19/2007 10:11:25 AM >
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RE: Looking to find history & value? - 
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