Appraisal Reports 101 | Fee Overview
Written Appraisals
Objective: Establish fair market value(s), replacement value for the following uses: estate settlement, insurance claims or coverage, legal requirements, charitable donations of $5,000 or greater, tax compliance, business contents valuations, various valuations, and/or equitable distribution. At the conclusion of the assignment a written report will be created to deliver a formal opinion of value.
🚫Types of Items We Don't Appraise Can Be Found Here
What Your Onsite Inspection Fee Includes:
- Detailed Examination: We'll thoroughly inspect, identify, and assess the condition of your items. UV light analysis may be used to aid in this process.
- Measurements & Photos: We'll capture dimensions and take general digital photographs for reference and record keeping purposes.
- Market Research: We'll conduct a market analysis to adequately assess value.
- Provenance Research (if applicable): We'll gather any relevant history or prominent ownership information.
- Hourly, Daily, or Project Rates: We offer flexible billing options. There is a 1-hour minimum for all assignments.
- Transparent Pricing: All fees will be clearly conveyed in a written agreement before your appointment.
Additional Fees May Apply for the Following:
- Subject Matter Experts: Access to specialists for specific item categories - as required; this is not a common occurrence
- Travel Expenses: A travel fee applies for inspections greater than 20 roundtrip miles from our Raleigh base
- Extended Appraisals: Per diem rates apply for full-day assignments and out-of-state travel.
- Additional Scoping: Fees apply for additional onsite inspections or consultations beyond the initial scope of work.
- Misc.: Additional Report Copies, Expedited Delivery, Hardbound Report Format
NTE Bids/Estimates available for art advisors, higher-ed, corporations, non-profits, and government entities. Please include detail when scheduling a consultation.
Verbal Appraisals
Objective: Identify general value, estimates for resale, pre-sale walk-through price estimates/review* for in-person sales (estate/yard/direct sale(s). Additionally, general security guidance for conducting in-person sales.
🚫Types of Items We Don't Appraise Can Be Found Here
What Your Onsite Inspection Fee Includes:
- Detailed Examination: We'll thoroughly inspect, identify, and assess the condition of your items. UV light analysis may be used to aid in this process.
- Measurements & Photos: We may capture dimensions and take general digital photographs or video for reference and record keeping purposes.
- Market Research: We'll share general readily available market analysis used to adequately assess value. We may suggest relevant markets if you are seeking to sell your property to the right audience.
- Provenance Research (if applicable): We'll determine if the readily available history or prominent ownership may be of significance to value.
- A verbal opinion of value will be conveyed to the client during the appointment.
Consultation Fees:
- Hourly, Daily, or Project Rates: We offer flexible billing options to fit your needs, with a 1-hour minimum for all assignments.
- Transparent Pricing: All fees will be clearly conveyed in a written agreement before your appointment.
Additional Fees May Apply for the Following:
- Subject Matter Experts: Access to specialists for specific item categories - as required; this is not a common occurrence.
- Travel Expenses: A travel fee applies for onsite appointments located 20 roundtrip miles or greater from our base in Raleigh
- Extended Appraisals: Per diem rates apply for full-day assignments and out-of-state travel.
- Additional Scoping: Fees apply for additional onsite inspections or consultations beyond the initial scope of work.
Pre-Appraisal Consultations*
Objective: Determine appraisal needs, a timeline, convey our fee structure, provide a general outline of the correct appraisal methodology, and our process. We'll provide adequate information for you to determine if an appraisal is warranted and schedule an onsite appraisal if you're ready to proceed to the next phase.
🚫Types of Items We Don't Appraise Can Be Found Here
- A high-level conversation of 30 or 60-minutes by phone or Zoom
- An overview of appraisal needs
- Timeline reviews
* Not all items will qualify for appraisal. No written report will be provided in verbal appraisal appointments. Cancellation fees apply. 🚫Types of Items We Don't Appraise Can Be Found Here
Downsize Guidance Consultation**
Purpose: provide insight regarding procedures related to the downsize process, resale or donation of fine art, collectibles, or inherited property; learn about your options and general responsibilities with a consultation before making any major decisions.
What Your Downsize Guidance Fee Includes:
- A 30 or 60-minute consultation by phone or Zoom.
- An overview of the valuation process and if it may be needed to support your item values.
- A primer on avoiding predatory businesses and "helpers".
- Condition, condition, condition and why it matters.
- Discussion related to whether resale is the right course of action
- Resale Venue Overview - in-person, resale, and/or auctions
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Charitable Donation Process Overview
- It's your life: emotional considerations to keep in mind while downsizing