In an ongoing effort to better serve the needs of our clients, Michael Hoffman has achieved the GPPA designation which deals with personal property appraisals. The National Auctioneers Association created the Graduate Personal Property Appraiser (GPPA) professional designation to provide Auctioneers with custom education that enhances their appraisal skills and knowledge. The GPPA program teaches students the responsibilities of being an appraiser and provides them advanced training in Uniform Standards of Professional Appraisal Practice (USPAP) guidelines.
The Financial Institutions Reform, Recovery and Enforcement Act of 1989 recognizes USPAP as the generally accepted appraisal standards and requires USPAP compliance for appraisers in federally related transactions. State Appraiser Certification and Licensing Boards; federal, state, and local agencies, appraisal services; and appraisal trade associations require compliance with USPAP.
Our valuation services are designed to assist heirs, personal representatives, trust officers, attorneys, etc. to determine the value of their personal property assets.
We are able to produce USPAP compliant appraisal reports for: Divorce Appraisals, Estate Tax Appraisals, Donation Appraisals, Insurance Appraisals, Liquidation Appraisals and more!
Our Independent Personal Property Appraisal Services Include:
On-site examination, inventory, photography, market research, valuation and a final appraisal report. The document will have a description, age, measurement, condition, value and digital photograph of each item (or group of items). Appraisals are compliant with the Uniform Standards of Professional Appraisal Practice (USPAP).
Antiques, collectibles, firearms / guns, furniture, glass, porcelain, pottery, silver, automobiles, residential contents, business assets, machinery, equipment and more…
Reasons for Certified Personal Property Appraisals:
Estates resolution, trusts, insurance replacement values, divorce, business liquidations, equitable distribution and charitable donations.
What do you need to do?
Decide which items need to be appraised and make a list of those items.
Schedule a time when distractions will be minimized and the focus can be on the appraisal.
Gather documentation, such as sales receipts, certificates, previous appraisals, letters etc…
Have all items unlocked and readily available for inspection.
Have the most amount of lighting available.
If you are organized, the inspection will be more time and cost efficient.
Charged hourly for on-site inspection, research and documentation time. Additional charges may apply for travel expenses. A deposit is required at the time of the inspection, with the balance due upon delivery of the report.
Partial list of items that we can provide auction or asset appraisal services for:
- Guns & Ammunition
- Equipment & Machinery
- Business Assets
- Coins, Gold & Silver
- Restaurant Equipment
- Vehicles, ATV’s & Motorcycles
- Handmade Quilts
- Amusement or Arcade Games
- Boats & Personal Watercraft
- Native American Artifacts
- Military Collectibles
- Collectible Pottery
- Collectible Glassware
- Antiques Of All Types
- Vintage Toys
- Antique Furniture
- Coca Cola Collectibles
- Collections of All Types
- Unique Items
- Household Items
- Sports Memorabilia
- Sterling Silver
- Antique Fishing Lures