Antiques Silver China Furniture Jewelry
The Sophisticated Swine
Hours: Tuesday - Saturday: 10:00 a.m. - 5:00 p.m.
11639 NE 8th ST, Bellevue, WA 98004 (P) 425.452.9300. (E) dsm@sophisticatedswine.com
The Sophisticated Swine offers appraisal for insurance, replacement or estate purposes. Ms. Mallory is a member of Certified Appraisers Guild of America.
Verbal approximations of value in store: $25.
“Valuation Fairs” and Benefits: fee waived for charitable donations.
All written appraisals: $75 per hour, with photos $80.
Our professional report will include:
A complete and accurate description of the property,
Analysis of the factors affecting value,
Definition of value appropriate to the type of appraisal,
Value for the property.
How you go about choosing an appraiser and what you should ask when you interview him or her is all important. Here are some of the most important questions to ask:
What qualifies you to appraise my property?
The appraiser should have formal education in appraisal theory, principles, procedures, ethics and law. The appraiser should be up to date on the latest appraisal standards as set forth in the Appraisal Foundation’s Uniform Standards of Professional Appraisal Practice. Without formal training, the appraiser is not able to select the appropriate market to research in order to arrive at the appropriate value for your items.
Do all appraisers have similar qualifications?
It is to your definite advantage if the appraiser you select belongs to an appraisal society that tests its members. The appraiser you choose should have been tested and been required to take continuing education classes.
What is your fee and on what basis do you charge?
Never, never hire an appraiser who charges a percentage of the appraised value or charges a contingency fee. These are definite conflicts of interest and may result in biased values. Most appraisal societies forbid either of these types of charge. Many appraisers charge an hourly rate. Some charge a flat rate after they have inspected what is to be appraised. Either system is fine. Find the one that best suits you.
Always have a signed contract that clearly sets out the terms of the appraisal and the approximate date you might expect to have the final document in your hands.
What should an appraisal report look like?
You should receive the report in typewritten form. There should be a cover letter thoroughly explaining the methods the appraiser used in arriving at the values found. The body of the appraisal should have a complete description of the item including dimensions and condition of the items. Individual values should be shown for each item appraised. Photographs may be supplied according to your wishes. There should be a professional profile outlining the appraiser qualifications.
