What Does The Estate Sale Appraisal Process Look Like?
Estate sale appraisals are an important part of the overall estate sale process. An estate sale appraisal with Heritage Estate Settlement will set you up for a successful Milwaukee estate sale by providing you with necessary information about the value of your items or property. If you are wondering what the estate sale appraisal process entails more specifically, read on for insights into the main steps you can expect.
Determining Items for the Estate Sale Appraisal
One of the first steps of the estate sale appraisal process is simply determining the items you want to potentially include in the eventual estate sale. In some cases, you may be obliged to include all items and the entire property – such as when a loved one has indicated to do so in their will. In other cases, you may choose which items to retain and which ones to put up for sale. Take some time during this stage to consider what items you want to offer up for appraisal. If an item is very meaningful to you and you have the option to retain it, you might consider holding on to it. But, if you suspect an item is financially valuable, you might include it in the appraisal. Another alternative is to present all potential items, which can be a smart move to avoid the risk of under or over-evaluating an item’s monetary worth.
The Assessment Process
Once you have determined what items to include in the appraisal and, likely, the eventual estate sale, you will meet with the appraisal specialists at Heritage Estate Settlement to review the items. This meeting can be conducted either virtually or in person, depending on your needs. During this meeting, we will inspect the items and take notes on aspects that require further research. For example, if you have a dresser that appears to be vintage but there is an unfamiliar emblem on the back, we will conduct research on that emblem.
The primary value of an estate sale appraisal is the appraiser’s expertise and insights. At Heritage Estate Settlement, that value is never in question. As regular art appraisal contributors to Milwaukee PBS’s Antiques Roadshow, we are well-versed in review and research activities common to the appraisal process. We bring that expertise and insight to every appraisal we conduct.
Receiving A Written Report
It is important to walk away from an appraisal with something in writing that overviews the appraiser’s findings and recommendations. As such, the main deliverable of your appraisal assessment will be a written report that certifies the likely and reasonable value of particular items and/or the entire property in question. This report can subsequently be used to justify the asking prices you choose for these items and/or the property over the course of the estate sale.
Contact Heritage Estate Settlement For All Your Estate Sale Needs
If you are looking to arrange an estate sale in Milwaukee but are not sure where to begin, we recommend booking an estate sale consultation with us to get started. During the consultation, we can provide you with an overview of the entire estate sale process and answer any questions. We can then move on to our estate sale appraisal process as described above. If you have questions about booking a consultation or an estate sale appraisal, contact us today! We look forward to hearing from you and guiding you through the process.