Virtual Appraisal Agreement Terms
These are our Virtual Appraisal agreement Terms. If you purchase Virtual Appraisal services from Look Appraisal LLC, you must read and agree to the appraisal terms below. Throughout the Agreement, the terms “we”, “us” and “our” refer to Look Appraisal. The words "you" and "your" and “the client” and “customer” mean you, the individual(s) who has purchased the service. Look Appraisal offers services available from this site to you, the client, conditioned upon your acceptance of all terms, conditions, policies and notices stated here. By visiting our site and/or purchasing a service from us, you engage in our “Service” and agree to be bound by the following terms and conditions (“Virtual Appraisal Agreement”, “Terms”), including those additional terms and conditions and policies referenced herein and/or available by hyperlink. These Terms apply to all clients of the site.
After receiving information and photos proposed for appraisal, we will contact you at the email address that you provided to confirm our acceptance to proceed or decline the requested service(s).
Virtual Appraisal Terms and Conditions
This is our proposal for a Virtual Appraisal which includes actual sales records when agreed to by the client, will constitute a binding agreement between Look Appraisal LLC and the client.
The purpose of the Virtual Appraisal Report is to determine FMV (fair market value) of the antique, books and book sets, collectible(s), art, or vintage clothing. In preparing a Virtual Appraisal Report, we will consider various factors based on our experience and training including but not limited to the condition of the piece, recent sales of comparable pieces, age, provenance, and general physical condition.
Virtual submissions for autograph analysis, sports trading cards, fine jewelry, fine silver, precious metals, coins and currencies, stamps, motor vehicles, and mechanical equipment are not accepted at this time. This service is not intended for charitable donation appraisals, insurance replacement value(s), insurance coverage, probate, insurance claims, legal disputes, financing, whole home appraisals, walk through, or large sets or libraries of items. Please contact us to determine if an onsite appraisal inspection is an option for your personal property.
If we agree to complete a Virtual Appraisal Report based upon a digital image(s), we will prepare an appraisal summary to include the following information: maker name and/or artist nationality if available, general description of the piece, an estimated date or date range of the item, dimensions of the item, applicable comparable sales records, and estimated value. The Virtual Appraisal Report will be based on the information derived from research and analysis in support of the appraiser’s opinion.
The Virtual Appraisal Report will take no more than seven (7) business days from the date of the receipt of your payment to be delivered. We will email the report to you at the email address you provided no more than seven (7) business days from the date of the receipt of your payment; verbal reports are delivered verbally by teleconference or video-conference calls and no physical report is generated for a client. If additional sales records and/or information are requested after the initial delivery of your Virtual Appraisal Report, those additional sales records will be provided to you no more than ten (10) business days after the receipt of your payment for the additional sales records. Look Appraisal reserves the right to refuse to appraise any item offered for appraisal or cancel any order. Some items may lack additional sales records and we reserve the right to refuse any additional request based upon our findings or lack thereof. Business days are defined as follows: any day except any Saturday, any Sunday, or any day which is a federal legal holiday or any day on which banking institutions are authorized or required by law or other governmental action to close The definition of a business day may vary by region.
Services are made available to residents of the United States. If a transaction is attempted for a country to which The Company does not provide services to, including but not limited to countries outside of the contiguous United States, we reserve the right to cancel or refuse services.
We reserve the right to cancel or refuse services if a transaction is attempted for a vacant address or blocked account and as otherwise provided in this Agreement.
The client retains the right to cancel their virtual appraisal service request within three (2) days of the date of order.
Online Appraisal Services and proposals subject to the following:
- A Certification Statement will apply
- Limiting Condition(s) will apply
- No change of any part of the report shall be made by anyone other than the appraiser and the appraiser shall have no liability for any unauthorized change.
- Photographs and/or drawings must show dimensions (to the best of the client’s ability to display such information) and are not to be considered approximate unless otherwise indicated.
- The Virtual Appraisal Report assumes no hidden conditions and the appraiser assumes no liability for the same.
- Information, estimates, and opinions furnished to the appraiser and contained in a report will be obtained from sources considered reliable and believed to be true and correct.
- No liability for the accuracy of items (receipts, paper documents, photos, etc.) furnished to the appraiser by other parties may be assumed by the appraiser.
- The appraiser’s engagement in any appraisal service is not contingent upon developing or reporting predetermined results.
- Neither all, nor any part of the content of the report, or copy thereof, shall be used or publicly disclosed for any purposes by anyone but the client specified in the report without previous written consent of the appraiser.
- When applicable, appraisals are subject to satisfactory completion of repairs or restoration and value conclusions are contingent upon completion of the improvements in an industry standard professional manner.
- The appraiser has no present or prospective interest in the item appraised and the appraiser has not made any offer to buy the item appraised.
- The appraisal value does not guarantee any demand or selling price for the appraised item. Value is based on research and experience and remains the opinion of the appraiser.
- The Virtual Appraisal Report, additional sales records, and other opinions provided do not constitute any demand or guarantee of sale.
In the event that an identification error is made in the appraisal, the liability of the appraiser and Look Appraisal LLC shall be limited to the amount of the fee paid for the appraisal. FMV (Fair Market Value) is defined as the price at which a willing buyer and a willing seller, neither under any compulsion to buy or sell, without the necessity of a forced sale and commensurate with the market in which the item most commonly sells and with both parties having reasonable knowledge of the relevant facts agree on the sale price of the item. Virtual appraisals reflect the appraiser’s opinion of the fair market value established by rarity, comparability to similar items in the current market offered and sold at galleries, sales, and public auctions, public sales records, desirability, condition, and recent market trends.
Look Appraisal shall not be liable for any deficiency (including but not limited to any omissions, mistakes, erroneous attributions, authenticity issues or inaccurate values) in the Virtual Appraisal Report as a consequence of: fraud, misrepresentation as to a fundamental matter, external circumstances such as (without limitation) changes in the prevailing market conditions for the object, information not publicly available or changes in relevant scholarship; the surrounding circumstances of the object being valued (such as, without limitation, the object's provenance or place in a wider collection, or the existence of several similar items available for sale at the same time); failure to provide full, truthful, and accurate information in the knowledge or possession of the Client, and/or their agents, employees, staff, advisors or family; and any other factors that cannot be identified by a reasonable inspection of the photographs, video, and/or documentation received by Look Appraisal (including but not limited to factors that can be identified only by an in-person physical inspection of the object).
Your agreement constitutes a binding agreement between Look Appraisal LLC and you, the client.
The Agreement and any separate agreements whereby we provide you Services shall be governed by and construed in accordance with the laws of the State of North Carolina.
I accept the proposal for a Virtual Appraisal Report and I authorize Look Appraisal LLC to proceed with this appraisal.
The client acknowledges having read this agreement, understands it and agrees to be bound by it. The client further agrees that it is the complete and exclusive statement of agreement between you and Look Appraisal LLC concerning the Virtual Appraisal Report. Please print this agreement for your records.
If we are unable to supply you with the Service(s) in your order due to unavailability of staff, a lack of subject matter expertise in the area of appraisal, or events beyond our control, we will notify you. We will not proceed with the order and will refund the amount(s) you have paid us to the original form of payment.
If we are unable to obtain the requested information from you and are therefore unable to supply the Services, we may end the Agreement with you. We will refund you any money you have paid to the original form of payment less our reasonable costs incurred in attempting to perform the Service.
We will not be liable for any delay or non-performance due to your failure to provide us with complete and accurate information by the time we have requested.
All Virtual Appraisal Report sales are final upon electronic and/or verbal delivery of the Virtual Appraisal Report to the client unless outlined otherwise within these Terms.
Verbally transmitted Virtual Appraisal Reports, whether delivered by phone, in-person, or by video-conference are non-refundable.
Limitations of Liability
The Virtual Appraisal Report is furnished to the client for your use at your own risk. The client has no remedy for damages. In no case shall Look Appraisal, our directors, officers, employees, affiliates, agents, contractors, interns, suppliers, service providers or licensors be liable for any injury, loss, claim, or any direct, indirect, incidental, punitive, special, or consequential damages of any kind, including, without limitation lost profits, lost revenue, lost savings, loss of data, replacement costs, or any similar damages, whether based in contract, tort (including negligence), strict liability or otherwise, arising from your use of any of the service or any products procured using the service, or for any other claim related in any way to your use of the service or any product, including, but not limited to, any errors or omissions in any content, or any loss or damage of any kind incurred as a result of the use of the service or any content (or product) posted, transmitted, or otherwise made available via the service, even if advised of their possibility.