Las Vegas Appraisal Service

Appraisals

Professional Appraisal Services for Your Property

I specialize in personal property appraisals for homes or businesses.

I am an ISA Appraiser and USPAP Compliant, International Society of Appraisers, Accredited Member, which is the difference between a professional appraiser and a novice.

ISA International Society of Appraisers Accredited Member

Personal Property Appraisals

Silver Items Sold by Premiere Auctions and Estate Sales

I specialize in valuating and liquidating entire portfolios of real and personal property. You can count on my expertise and extensive certifications to provide a rock solid analysis of your assets.

– Susan Russell

Appraisal Process

Step 1

Phone call

Step 2

Send photos of rooms or items

Step 3

Schedule for free consultation

Step 4

Contract

Step 5

Work begins

Property Appraiser

ISA International Society of Appraisers Accredited Member

Purpose of an Appraisal

The purpose of an appraisal can vary. It may be as simple as helping an individual understand the value of an item they want to sell or assisting the court in determining the value of items that need to be liquidated for damages in a bankruptcy. The appraisal may be needed for insurance purposes, estate planning, probate, dissolution of a marriage or business, equitable distribution, donation, gift, or for many other reasons.

Service Area

I can travel anywhere in the world when requested by the client.

Representing

  • Banks
  • Creditors
  • Trustees
  • Lawyers
  • Private Individuals
  • Celebrities


I am qualified to testify in court.

Confidentiality

For security reasons, appraisers do not discuss their clients or their merchandise. All information pertaining to the appraisal is confidential. The report information contained therein will be disclosed only to the client. Access to others will be granted only with permission from the client or by court order.

Information

Consultation is free. A signed contract and deposit are required at the time of inspection. The balance is due and payable prior to receipt of the appraisal or results.

Tips for hiring an Appraiser

There are many instances when you need to have your personal property or collections appraised, including before a potential sale, for insurance purposes, settlement of an estate, or even to donate an item to a museum. Whether it is your grandmother’s antiques in the attic, your parent’s estate, or the autographed baseball from your childhood, a personal property appraiser can help you understand the value of these objects.

However, there are several important considerations to keep in mind when getting your personal property appraised. The below guidelines will help ensure that you fully understand the process and that you hire the most appropriate appraiser possible.

Appraisers don't pull valuations out of a hat

While it can be fun to imagine an appraiser staring into a crystal ball when performing a valuation, the reality is that appraisers rely on a substantial amount of research, expertise, and experience to arrive at a credible opinion of value for an object. First and foremost, appraisers rely upon the Uniform Standards of Professional Appraisal Practice (USPAP), the Congressionally-authorized standards for real estate appraisers and the widely recognized standards for personal property appraisers.

Appraisers most commonly look to past sales of similar objects to determine the value of an item. In this approach, an appraiser will find similar objects to the one he or she is valuing, and then account for differences based on a number of factors, including each of the item’s importance, quality, condition, rarity, desirability, and provenance. Based on these differences, an appraiser can begin to place an object into a hierarchy of value and ultimately arrive at a final valuation.

Different circumstances call for different values

Believe it or not, the value an appraiser places on an object partially depends on the purpose of the appraisal. For example, if someone is getting an appraisal for insurance purposes, an appraiser will value the object based on its replacement value, which is how much it may cost to replace the object within a reasonable time period. In contrast, a donated object valued for tax purposes will require a fair market approach, which looks at how much on average the object would sell for on the open market. Typically, a valuation for the purposes of insurance will be higher since the cost of replacing a specific object can be quite high and above the potential market value, especially when the item is unique.

The appraised value of an item does not mean it will sell for that value

The appraised value of an item is often different from the amount it sells for, whether on the open market, online, in an auction, or elsewhere. This is because there are additional factors at play.

Let’s take, for example, a high-end auction of rare collectables. In this instance, bidders may feel an extreme emotional connection to the items on auction, and as a result will be willing to pay more than the market value, driving up the sales price. A buyer is also often responsible for selling costs, fees, and premiums, which can further increase the sales price.

On the other end of the spectrum, some items may be overshadowed by featured items during an auction. This can prevent potential buyers from recognizing the value of those objects, allowing a savvy buyer to step in and make the purchase at a below market value. This can also occur when there are many similar objects on sale at an auction, which lowers competition among bidders for those items and can also lower the sales prices.

You may also need an authenticator

A competent appraiser will certainly review and research an object’s history and will indicate if he or she believes further authentication is needed. There are experts who do authentication for a living and work with appraisers on a case-by-case basis.

Appraisers charge for their services

After watching Antiques Roadshow or similar shows, one might mistakenly believe that appraisers offer their services free of charge. However, appraising is like any profession and appraisers need to charge for their time and expertise. If you hire an appraiser, you can expect to pay on average between $100-$300 per hour, depending on the particular project and level of expertise needed.

Pick the right appraiser

Given the sheer diversity of what constitutes personal property, the need for specialists with expertise in specific areas such as, collectables, jewelry, fine art, and machinery is essential. Just turn on “Antiques Roadshow” any given night, and you will see that there are numerous specialized appraisers, from posters to pottery. When seeking out an appraiser, make sure that the appraiser has the appropriate experience, expertise, and qualifications for the project. Always ask for an appraiser’s resume to review their credentials for the particular project.

Know where to go

There are several appraiser membership organizations that can be easily accessed online where you can find a qualified and competent personal property appraiser, including the Appraisers Association of America, International Society of Appraisers, and American Society of Appraisers. Members of these organizations have fulfilled rigorous qualification requirements set by the Appraisal Foundation. When using these sites, one can search for appraisers by both category and location.
European-cut Yellow Diamonds Platinum Setting Sold by Premiere Auctions and Estate Sales

Personal Property Appraiser – USPAP Compliant

Susan did an amazing job executing our estate sale. She made a difficult time in our lives more meaningful because of the care and dedication she provided to my family's home. This was an estate sale done right!
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Mary Smith
Estate Sale client