AUCTION CO.

Appraisal Services

Over the past 15 years we have conducted hundreds of appraisal of real and personal property.  We have appraised and liquidated personal property from A to Z for large & small corporations, privately held small businesses, banks & asset based lenders, leasing companies, law firms & attorneys, individuals, estates, conservators, etc. Most appraisals start with an inventory list which is usually provided by the client.  (If no inventory list is available we usually prepare one upon an inspection of the assets.)  Once we have a complete inventory list we usually meet with the client to conduct an inspection of the assets on location to ascertain condition, valuation, and take pictures of the assets whether it be an appraisal report or auction sale.

Appraisal Reports are performed on a flat fee basis after a complete inspection of the assets to be appraised. Usually a fifty percent (50%) deposit is required before we will undertake any appraisal assignment.  We perform appraisals for “Fair Market Value”, “Fair Market Value in Place”, “Fair Market Value in Place in Use”, “Orderly Liquidation Value”, “Orderly Liquidation Value in Place”, “Orderly Liquidation in Place in Use”, “Liquidation Value”, and “Auction Sale Value”. Desktop appraisal reports can be provided for corporate and institutional use as long as a schedule of assets is accompanied by the clients request along with pictures of the assets to be appraised.

A good rule of thumb to remember: An appraisal report is only as good as the person appraising the assets with relevant knowledge. It is only one’s estimate of value.