PROPERTY APPRAISAL SERVICES
offer prompt, confidential service and reliable appraisals
that conform to the Uniform Standards of Professional Appraisal
Practice (USPAP) and satisfy all legal requirements, thus
limiting your exposure and risk. Appraisals by Kennedy`s
Auction Service, are recognized and accepted by Insurance
Companies, Banks and Lenders, Courts and the Internal Revenue
PLANNING: When preparing a will or living trust document,
you will be required to make decisions about the dispersal
of your personal property to heirs and beneficiaries. An
appraisal of your personal property at this time will give
you the information needed to make well-informed decisions
about its distribution. This can minimize the possibility
for future disagreements among your heirs by avoiding unequal
SETTLEMENT: An appraisal of personal property will often
be required by the courts for estate tax purposes. It may
also be needed by the Executor or Administrator to determine
the value of personal property prior to distribution to
Many times an appraisal can assist in the equitable
distribution of property in a divorce settlement or dissolution
of a business partnership.
COVERAGE/LOSS: Insurance companies will often require
a written appraisal by a certified professional when writing
an insurance policy for personal property, or when processing
a claim for loss or damage.
CONTRIBUTIONS: The IRS may require an appraisal to substantiate
the value of personal property for charitable contribution.
It is always advisable to obtain an appraisal of donated
items, so that both the donor and the recipient are aware
of their value.
SALE: An appraisal can assist you in determining the
fair market value of antiques, art, or other valuable personal
property prior to its sale.
Auction Service will meet with to discuss your appraisal
needs and to provide you with a cost estimate. Most appraisals
are billed on an hourly fee basis, based upon the time required
to complete the appraisal, in accordance with the CAGA Code
of Ethics. Single item appraisals are billed on a flat rate.
You will receive a detailed, written appraisal report, including
a listing and description of all property appraised. Digital
Photographs are included in our reports with additional
detailed photographs on accompanying CD if needed. If necessary,
Kennedy`s Auction Service can provide expert witness testimony
members in all 50 US states and 6 Canadian Provinces, the
Certified Appraisers Guild of America is North America's
# 1 trainer of personal property appraisers. On an annual
basis, it trains more personal property appraisers than
any other organization in North America.
Certified Appraisers Guild of America (CAGA) is a professional
accrediting organization providing certification of personal
property appraisers. The Guild has been instrumental in
helping to standardize the personal property appraisal profession.
The members of the Certified Appraisers Guild form a network
of valuable appraiser contacts throughout the United States
Missouri Auction School established the Certified Appraisers
Guild of America (CAGA). Founded in 1905, the Missouri Auction
School has trained auctioneers in general appraisal principles.
For over a century, it has provided personal property appraisal
training as part of its curriculum. It has been recognized
worldwide for its quality training programs by such organizations
as Newsweek, The Wall Street Journal, Smithsonian Magazine,
the Times of London, England and ABC, CBS, CNN and NBC news.
Requirements: Each member is required to attend professional
training and pass a comprehensive exam before becoming certified.
No one is allowed to be a member of the Certified Appraisers
Guild of America without completing the certification program.
There are no 'grandfathered' or 'associate' members that
have not completed the training and exam. Each member has
completed the course work required to be certified by the
The training each member is required to complete, includes
the uniform standards of personal property appraisal practice
and appraisal report writing. Special areas of emphasis
in training include Internal Revenue Service appraisal requirements,
estate and gift appraisals, charitable donation appraisals,
bankruptcy appraisals, insurance appraisals, appraisals
for divorce, and casualty loss appraisals. Also presented
during the two-day certification course is our courtroom
expert witness seminar with special emphasis on appraisals
for courts and testifying in court.
The Certified Appraisers Guild of America confers the
professional membership designation CAGA to recognize the
completion of the appraiser's certification education. Members
are professionals who have completed the certification process.
In addition, the members have made a commitment to the Certified
Appraisers Guild's Code of Professional Ethics and to the
Uniform Standards of Professional Appraisal Practice.
APPRAISERS GUILD OF AMERICA CODE OF ETHICS
The Appraiser shall obtain the relevant facts relating
to the subject property to form the final conclusion
All formal appraisal reports shall be in writing signed
by the Appraiser.
The Appraiser shall disclose any interest in the subject
property and will accept an appraisal assignment only
if the appraisal can be performed without bias.
The Appraiser shall maintain the confidential nature
of the appraisal report. The contents of the report
shall not be disclosed without consent of the client
or by court order.
The fee charged by the Appraiser shall be independent
of the value in the report.
The Appraiser shall maintain respect for others in
the appraisal profession.
Call Kennedy's Auction Service at 731.645.5001 now!