Auction & Appraisal News
If you're looking for Easton Maryland auctions you've come to the right place. Auctions are a popular way of selling an estate's property, antiques and family heirlooms. Robert Campbell II has over 35 years of experience in the auction and appraisal industry. He is your go-to-guy if you're searching for an Easton Maryland auctioneer or an Easton Maryland appraiser.
However, it is vital for you to know who the auctioneer is and what he/she believes would best suit your property. Highlighted below are a few tips to choosing the best Easton Maryland auctioneers that can represent you better at selling your property.
We understand that your estate is a valuable asset to you and should be handled as one. Hence, you need an auctioneer who is well experienced and knowledgeable about auctioneering and who can conduct the auction in such a way that will bring you the best possible results.
Estates are liquidated for several different reasons, whether a loved one has passed away, you're in the process of bankruptcy proceedings, you're dissolving a corporation or partnership, or you find yourself in the midst of a divorce. If you live near Easton Maryland and you're seeking professionals who have the experience necessary to deal with these situations, contact Campbell Auctioneers & Appraisers.
Compare and Contrast
Before you finally settle for an auctioneer, compare and contrast a number of Easton Maryland Auctioneers. Go online, do some findings. If possible, meet them in person. Look at how they interact, at their styles, and their particular operation. Choose an auctioneer that will understand you, understand what you are after as well as the property you intend to auction. We look forward to meeting you.
Carry out interviews and Read reviews
Look at reviews about the auctioneers as well as what you personally think about the auctioneers. Take your time to glean the reputation of each Easton Maryland auctioneer that may interest you. Also, have a one-on-one interview with him/her if possible. In your spare time, you can attend auctions and casually ask those around you about their opinion about a particular auctioneer.
Also, it’s not a bad idea if you ask Easton Maryland auctioneers about their records. You may as well look at their records by attending auctions. Look out for consistency in knowledge, respect, reputation, and trust.
How Well Known is the Auctioneer?
It is also important to find out how well known the auctioneer is. With the advent of technology, you can always find information and community interest about an auctioneer online on blogs and their website.
A well-known auctioneer adds a certain level of quality to the sale of an estate and attracts more serious buyers, and consequently, the price of your property goes above any reserve and fetches the highest price.
In conclusion, having considered all the tips above, it is important that you go with your instinct, weigh-up all the auctioneers that seem best to you and see which of them is best for selling your property.
Robert Campbell, III is the founder of Campbell Auctioneers and Appraisers, a veteran of the United States Army and he is a wellknown Easton Maryland auctioneer. He has over 35 years of unparalleled service, a stellar reputation, profound auctioneering knowledge and tremendous experience. For further information, call us at (410) 810-8915 or contact us via email at firstname.lastname@example.org
Do you always enjoy the thrill of the hunt during an estate sale? And would like to make money from estate sale flips? Here are 12 items that make the best estate sale flips. Be certain to bookmark our page to keep abreast with our latest auctions.
- 1980s Toys: Since the 1980s toys can arouse nostalgia, they could really be in high demand. Hence, during an estate sale, watch out for the toys from such an era that had their own cartoon series, such as My Little Pony, some certain Barbies, original Gem, and ThunderCats.
- Coins: Coins may seem to be of little value. However, if you come across some the right ones, they can worth a bit more. So, always be on the lookout for mercury dimes – those US 10 cent coins made during 1917 to 1945 – they can fetch you good money.
- Hummel Figurines: These are porcelain figurines designed based on Sister Maria Innocentia’s drawings of children in Germany in the 1930s. There are some real hard-to-find hummels that still maintain their original values. These include Apple Tree Boy, Chick Girl, Little Old Man Reading a Newspaper, and the Ring Around the Rosie.
- Pyrex Dishes: lots of people still like the Vintage Pyrex dishes. This makes some Pyrex dishes to retain high price. Some midcentury Pyrex dishes of certain patterns can really earn you thousands of dollars.
- Sports Collectibles: you can earn much on some sports collectibles. These include signed balls, vintage programs, autographed uniforms, and baseball cards. These are just a few of the valuable sports collectibles.
- Star Wars Memorabilia: Star Wars still has more films scheduled for production, so it wouldn’t fade out any time soon. Hence, look out for Star Wars collectibles during an estate sale, they could worth a fortune in meantime.
- Vintage Turquoise and Vintage Coral Jewelry: Lots of vintage turquoise and vintage coral jewelries are always found and sold in lots during an estate sale. So always carefully examine the vintage turquoise and vintage coral jewelry that you can resell for good money.
- Vintage Board Games: This is also what to look out for during estate sales. Aside from the fact that you can’t be bored with vintage board games, you can also make some real fun money from it. However, rare vintage board games that are in perfect condition could be more profitable.
- Vintage Cast Iron: Both cooks and collectors are always crazy over the vintage cast iron wares. Vintage cast iron such as Wagner and Griswold bring more profits and are worth sniffing out during an estate sale.
- Vintage Glassware: You would definitely meet with lots of glassware, but not all of them are worthless. Vintage glassware with trusted brand names Waterford and Culver can bring a very nice price.
- Vintage Nintendo Games: Though the Nintendo video games have been long replaced by the recent games like Xbox, PlayStation, and Candy Crush. However, vintage Nintendo games such as Power Blade 2, Bucky O’Hare, and Samson can still make cash.
- Vintage Vinyl Records: Though the vinyl records have been replaced by digital downloads nowadays among music lovers. The value of vintage vinyl records should not be discounted especially those in mint condition.
These are a few items you can flip for profit during an estate sale. You may have some other favorite estate sale flips that you always look out for.
Do you intend to sell your home? Or probably you’re seeking to refinance your mortgage? Either one you wish to carry out, you would need the service of an Easton Maryland Appraisers, who will help you handle your property appraisal in determining the values of your property.
You may not really know how much your property worth, but you can easily find from an Easton Maryland Appraiser.
Nowadays, low property appraisals are gradually becoming an issue among many would-be home sellers and buyers and mortgage refinancers. This is because property values are stabilized in some market but rising in some other markets.
To make getting the best service of Easton Maryland appraisers very easy, here are eight simple ways:
Get an Appraiser Who Knows Your Neighborhood
One of the things you should find out is whether the appraiser is within or close to your neighborhood, at least within a 10-mile radius of your property.
It is not advisable to hire the service of an appraiser who is unfamiliar with the property or where the property is located. If you hire an appraiser who is not familiar with the property or the area, there is a tendency that the appraisal will not be anywhere close to the real worth of your property.
Hence get Easton Maryland appraisers, otherwise, you would have to supply so much information to get foreign appraisal intimated with the quality of your property or neighborhood.
Offer Your Own Comparable to The Appraiser
Ensure that you offer at least 3 to 4 well-priced and solid comparable properties to your appraiser. This will enable your appraiser to get pricing details from properties that are really similar to yours. This will also save your appraisal some work. There are some websites that offer pricing details for properties, they include Trulia, Zillow, Realtor.com, etc.
Know What Drives Up Appraisal
You need to find out thing you can do to your property to add to its value. If you need to carry out some minor renovations on your home, it is advisable that you start with your bathrooms and kitchen. You can add landscaping, wood floors, marbles, etc. as these can raise up your property appraisals.
Keep A Record of All Your Fix-Ups
If you spent money on the property, provide a proof of it, show receipts. You can keep before-and-after pictures of the property, as well as a well-crafted list of what you expended on the renovation. Remember to highlight every important structural improvement such as cooling system, heating system, electrical systems, etc. doing this can significantly drive up the appraisal.
Talk About the Neighborhood
Telling your appraiser about the recent and exciting developments in your neighborhood and increase your appraiser. If any, mention the parks, museum, upscale restaurant, and every other amenity within your neighborhood.
Do A Clean-Up
Properly clean both the interior and exterior of your property. A good-looking property impresses both the appraisal and buyer. If it is a home, do some paint touch up, add a few beautiful flowers into the flower pots or bed, trim the surrounding trees, etc.
As for interior cleaning, get rid of all the clutters. It tends to make the home looks bigger. Clean out the litter box and give your home a pleasant smell.
Allow the Appraiser Get Some Space
Finally, allow your appraisal to have some space, you need not follow the appraisal all around. It may be mistaken that there is a problem with your property.
If you carry out the above practices, chances are that you would definitely get the best service out of your chosen Easton Maryland appraisers.
Real estate appraisal, which is also known as land valuation or property valuation, is the process whereby the market value of real property is determined. Real estate appraisal is often required when selling, refinancing or buying a property. Real estate appraisal is carried out by a professional real estate appraiser, who values the property based on its neighboring homes and its surrounding area. An appraiser must give an accurate and fair assessment of the real estate, which is crucial to a successful real estate transaction. However, before engaging the service of an appraiser, you must carefully interview and screen the appraiser by checking credentials and asking pertinent questions. following steps will help you to achieve an excellent real estate appraisal of your property:
- Contact only appraisers who have experience in appraising your type of property Carefully check their specific service area. For instance, if your property is a single-family home, don’t contact appraisers that specialize in condos. It is not advisable to hire appraisers from another county for your real estate appraisal, as local real estate appraisers have more firsthand knowledge of your area. More so, carrying out a local real estate appraisal is very important when determining the value of your property for a property tax appeal. Local appraisers are familiar with and understand the standing methodologies, environmental factors, and variables that can influence property values within your county.
- Always seek recommendations Real estate agents are always familiar with appraisers as real estate appraisal is usually part of the sale process. Hence, ask real estate agents to suggest professional, reputable, and reliable appraisers to you. Remember, local appraisers, are well-known and would have built reputations among real estate agents in your county.
- Choose Campbell Auctioneers & Appraisers We have decades of experience and we are capable to handle not only your estate sale and appraisal but your real estate appraisal as well.
- Consider years of experience Becoming a professional real estate appraiser is not at all easy. Becoming a competent appraiser takes at least 5 years of consistent working under a good mentor, and with various properties, coupled with good education. Hence it would take a minimum of 10 years or more to be a very good appraiser. If you consider this, you would be able to judge if you are talking to the right candidate.
- Consider the fee charged Finally hiring a local appraisal for your real estate appraisal is typically cheaper. This step should be the last step after you have considered and discussed with a number of several different appraisers. When you have gotten 2 or more professional appraisers who seem capable of giving you a good real estate appraisal for your property, consider their fees to see which is more affordable.
Auctions are valuable for our clients who wish to sell their old items or liquidate their estates. By being a part of an auction, you come up with a price that you want to spend on a specific item, and your offer will either be accepted or declined. You are never forced to pay more than you already planned. Our online auction software makes it easy for people to buy an item at a price they wish to spend. When both parties reach an agreement, it is definitely a win-win situation. Selling is an art and auctioning is an extension of that art. To add value to a product that has already been used is tough unless the item being auctioned is an antique. However, if you are a buyer, it is advised to not get carried away by a sales pitch. Be a smart buyer and get the best possible outcome for a minimum rate.
Here are some tips that will come in handy when bidding on goods.
- Always look at the payment terms
Most auction houses offer several ways to pay. However, some provide a very limited options for you. If you are someone who would like to pay with a cheque or a credit card, make sure the auction house has that kind of arrangement already in place. Watch out for refundable deposits that you might have to make in order to register for bidding.
- Keep your cool
If you are really eyeing something, it is easy to get carried away and aggressively bid higher than you should. Keep your ears open to know how much others are willing to pay and then scale up from there. Don’t start with a bid which is close to your budget, no matter how badly you wish to own any particular item.
- Don’t be the one to begin the bidding!
This is a no-brainer, but it is crucial not to be the first one to start the bidding. Be careful with your excitement, as someone out there could have a higher budget and will beat you to it. Let others bid for a while before you venture in. Be the one that observes and then jump to it when it is getting close to the end, that is when most of the bidders have stopped bidding since they don't want to overshoot their budget.
- Don’t go for too many things at once
You might want to buy everything that catches your eye, but don’t go all in. To focus on one or two things that you really like or need the most, is the best way to avoid going over your budget. If careful thoughts are not put into what you are trying to achieve, your budget constraints might put a spanner in the work.
- Don’t let other bidders distract you
Sometimes bidders can get lost in the competition and they go on and on until they win. You might think, why is that a bad thing? Well if the competition gets the best of you, you will end up going way over your original price limit and paying a very high amount of money. This is when ‘buyer’s remorse’ sets in. If you have a tight budget, stay alert and don’t let the enthusiastic bidders put you off track.
These are just some of the tips that are absolutely essential before embarking on the interesting journey of bidding. If you keep this information in mind, you will slowly be able to make the auctions work in your favour. It is pretty much like gambling, but with a strategy that is structured. With simple tips and tricks, you can win at it, not only once but every single time. It is a talent that will take some time to sink in, but if you work hard at it by staying alert and by keeping the points from above in mind, you will be able to get to the finish line sooner than you think.
Rarest Auction Items That Went for All-Time-Highs in 2017
Participating in an auction is typically a charming, enchanting and exciting experience. Not all auctions are luxury auctions; however, it is fascinating to learn about the rarest auctioned items of 2017 which netted all-time record-breaking highs in terms of their prices. In 2017, a 59.6 carat pink diamond netted a record breaking $71.2 million and a rare woolly mammoth skeleton sold for $645,000! Undoubtedly, 2017 was a year to remember in terms of rarest items sold at all-time record-breaking highs. The year welcomed the most expensive watch, the most expensive diamond as well as a lot of expensive memorabilia and porcelain. Yet, the start of the show was the Salvator Mundi, auctioned at $450,312,500. However, in addition to depicting the all-time record-breaking auctioned items of 2017, we will also be discussing Robert Campbell's Auctioneer Services in Easton Maryland. Let us look at the mighty stars of 2017 auction world.
- The year kickstarted with a pink star diamond priced at $71.2m. It was actually a resale and after getting sold in 2013 at $83 million, it found its way back in the arena and sold at a significantly lower price.
- The year progressed with the sale of Jean Michel Basquiat’s Untitled addition sold at $110.5 million.
- The mid-year venture observed the auction of the Bao Dai Rolex sold at $5,060,427. The previous owner of that Rolex was Bao Dai, the last emperor of Vietnam.
- The second half of the year started with the auction of a Rockfeller Emerald, sold at $5.5 million.
- A NASA moon dust bag was sold shortly after that at $1.8m.
- The last quarter of the year launched with an auction of the Song Dynasty Bowl that was sold at $37.7 million.
- The year’s star, the Salvator Mundi was sold at an auction in November and it was auctioned off at $450,312,500.
- The year ended with a rare auction of a rare wooly mammoth skeleton and it was sold at $645,000.
Auctioneer Services in Easton Maryland As of now, we have gotten us familiar with the top auctions of 2017, let us take a look towards the Auctioneer Services Easton Maryland. The Auctioneer Services Easton Maryland are unique in their own way. All of their auctions are highly decorative and a shade of creativity and innovation used to present everywhere. Let us look what makes Auctioneer Services Easton Maryland so talk-of-the-town.
Choose Campbell Auctioneers & Appraisers for Auctioneer Services in Easton Maryland
- Campbell Auctioneers & Appraisers provides auction services in Easton Maryland. We always put clients first and generate positive results.
- Whether it is a classic vintage or a NASA shoe, our auctions are unique.
- Campbell Auctioneers & Appraisers of Easton Maryland thrive under pressure and we work harder than our competitors when it comes to bringing unique items to the market. To the bottom line Modern day auctions are all about different people from different backgrounds with different tastes, the proof of which we have already found in 2017's auctioning performances.
- When it comes to Auctioneer Services in Easton Maryland, we deliver an unparalleled auctioning experience that delivers results.
- Every moment of yours as well as the buyers' will be unique, exquisite and definitely upbeat.
Your home is supposed to be a haven; however, our hectic lifestyles cause a gradual accumulation of knick-knacks over time. Tiny decorative items and tchotchkes pile up to clutter our homes. When it comes to selling a home, these decorative items can be both helpful and deleterious.
You do not want these items to overwhelm your place and make it difficult for a prospective buyer to envision it as their home. On the other hand, you don’t want it to look so vapid and unappealing that the buyer gets disenchanted after their first glance. When you begin to think of selling your home and look at it nostalgically, two tips will come in handy. We posit one idea for home decoration and one suggestion for selling décor that you can use to increase the value of your house significantly.
Staging Your Home
It may seem very fundamental; yet, redecorating your house before you put it on the market is exceptionally effective. Changes, small or big, can build a lasting and positive first impression upon potential buyers. The most effective changes are ones that are powerful enough to push the potential buyers into making an offer on the house.
Since redecorating is a broad term, let us make it more transparent. Though there are millions of home decorating items that push a sale, we specifically highlight the importance of focusing on the exterior and the entryway.
A few potted plants or blooming flowers along the driveway, or on the front porch can substantially improve the way buyers perceive your home. Healthy and well-tended flower pots can bring a touch of color and warmth to old abodes that most certainly can increase the value of the home while it is being appraised. For the entryway or front door, we recommend changing the old doorknob for a new one so that it shines brightly. Additionally, hire a professional home cleaning service to clean your entire residence prior to your appraisal.
A Tip for Selling Decorative Items
Just like a place that is devoid of any decorative touches doesn’t look like a home, a house that has too many of them feels overwhelming and discommoding. While opening your home to a new buyer you must make certain that they can imagine adapting their lifestyle to the place. If every corner, shelf and wall they see is chock full of tchotchkes, they will have a very difficult time visualizing beyond the present status quo. Our advice is to sell those items which you will not be taking to your new house, and focus on making your home look charming.
Just like the staging of a home increases the probability of it being sold; creating an illusion of luxury around your product will convince more people to buy it. For example, a Tiffany Lamp will get you a good value if it is pictured in an Eames-style sidebar. The same luxury lamp will sell for pennies if the surroundings are cluttered with old newspapers and shabby picture frames. The former creates a touch of eccentricity in the mind of the buyer while the latter produces only the feeling of disarray.
Simply put, before hiring professionals to appraise your property, get it tended to and add some small flowering shrubs. To sell décor at competitive prices take pictures with complementary pieces around them and keep plenty of empty space between the items.
Campbell Auctioneers & Appraisers’ team of experienced professionals can help you and your family with both the appraisal and sale of your superfluous home décor as well as the appraisal of your real estate. Contact us today!
Homes are a huge investment. It is the deeply emotional attachment to a place that makes your house a home, but that shouldn’t stop you from earning the best possible price on your property when listing it out on the market. Understanding and establishing the value of your home without a biased opinion is extremely essential when deciding to sell or refinancing your home. Before you sign your documents and make your big move, there are a few essentials to go over before handing over the keys to your precious to someone else
To find the best value for your home, it is important to be up-to-date with the current market scenario and the going rates for properties in the area you are looking to sell. It is essential to gather comparable information about homes recently sold and the perks of the locality should be well measured out before listing your price.
One of the most important but easily overlooked factors remains in the minute problems that may slip off your mind but stand as a glaring problem to appraisers. Previously known problems that lower costs must be acknowledged and addressed, while uplifting the interiors and exteriors of the house. Working on minor repairs and relevant fixer-uppers in and around the house sure work as a bonus in appraising your property.
Your current property value could quite probably be the foundation of your next loan, hence price your house at the right value. Low appraisals also hamper the overall market rate and expected property value in the area is a major drawback for buyers and refinancers. Hence squeaky-clean paperwork is as important as shining up the farthest corners of your home. Appraisers may get into the tiniest attics and crawlspaces to understand the durability and maintenance of your property which may significantly hamper the valuation of your home.
Lastly, keeping your appraiser satisfied always help. Creating a comfortable environment with heating and cooling systems well regulated, subtly hinting that they work just fine, kids and pets kept out of the way and a courteous approach always helps. Being updated about information is good but countering the specialist wouldn’t necessarily always work in your favor (unless you are a 100% sure of what you are talking about).
While we can’t promise that you will be able to drastically change your appraiser’s mind, a bit of attention to detail will help you up your game and will in turn help push your home valuation a little further. What looks good is always believed to be good from within, so put your best foot forward and set off a fabulous first impression, we believe your property shall take care of the rest!
It’s back to the favorite time of the year! Winter is here with its Christmas-y cheer and the whiff of change with 2018 just around the corner. Everyone is looking to make a few purchases, and we’re pretty sure you’re looking at a few yourself too, and PNC’s Christmas Price Index has some good news for you!
The CPI this year has increased only by 0.6% since 2016, meaning you will have to shell out peanuts compared to last year to gift yourself the 12 amazing presents of Christmas! PNC’s CPI is a calculation similar to the government’s consumer price index, putting together the cost of buying gifts mentioned in the song ‘The 12 days of Christmas’. The unhindered joy and love of holiday shopping is brought to you, courtesy of the 34th annual fiscal analysis by the PNC Financial Services Group. Their official calculation and listing for the Christmas Price Index of 2017 puts this year’s prediction at a mere bump of $200. With a few minor changes on the list, same as the government’s CPI (excluding swans, the same as excluding energy and food prices), the price of 9 out of 12 items on the list have remain unchanged.
Numerous factors such as cost of living for the workers, supply of lager and the whopping increase in gold prices have significantly altered the prices of the Partridge in A Pear Tree, the Lords-a-Leaping and The Five Gold Rings. The total of all the 12 gifts from the 12 Days of Christmas song sum up to $34,558.65, about $200 more than last year's total. This figure is a representation of the conventional way of shopping at stores. Online shopping would cost you up to $10,538 despite discounts and offers, due to the large shipping costs and sales tax prices inflicted at the peak season. The location where you are shopping from also significantly alters the price of your 12 presents.
Every year since 1984, PNC’s CPI has predicted and calculated the fluctuations in price, but this year the mere bump of 0.6% is spreading joy and cheer to every patron in its literal sense. A detailed list of all the pricings along with the indices and detailed comparisons are put up on their website (pnc.com/ChristmasPriceIndex), educating consumers of the year’s insights. As their own little annual tradition, they calculate the ‘True Cost of Christmas’ putting together the total items listed in the 364 gifts repeated in the song’s verse - True Love. This year sees an estimated $1000 increase, needing $157,558 to purchase all the articles on the list.
This year’s prediction promises not to burn a hole in your budget thanks to the sustainable growth seen in the U.S economy, according to the PNC Asset Management Group. Christmas got a whole lot cheery with the Price Index’s, because who doesn’t love gifts and they most definitely feel a whole lot better when they don’t pinch your pocket.
The Campbell’s have been auctioning and appraising properties for generations. Their experience and expertise in the business have been remarkable and a standout in their own regard. Their professional expertise has been commendable through generations, providing exemplary services.
Robert H. Campbell II is an approved appraiser of real estate & personal property and a qualified expert witness. He started his career back in 1968 as a trained maintenance officer with the U.S army, following it up as a sales representative with the International Harvester Co.
His diverse experience gave him the foundation to pursue and establish his passion of Business Law, backed by his education in the principles and applications of the standards, ethics and applications of Real Estate Appraising. Campbell stormed into the field of auctioneering and appraising with a strong educational foundation from the John Hopkins University, Indiana University, Prince George Community College, Catonsville Community College and Anne Arundel Community College.
Starting off with Campbell & Associates, he began as the Director of Auction Operations, appraising and auctioning real estate and personal properties in 1969. His long-standing career with Campbell Auctioneers & Appraisers LLC has been commendable and continues to make his mark in the industry.
An approved member of the Auction Marketing Institute and National Auctioneers Association saw him as the president of the Auctioneers Associations of Maryland, substantiating his knowledge and experience in ascertaining the company.
Robert H. Campbell III followed his father’s footsteps to qualify as an expert witness and appraiser of real estate and personal properties. With a similar education background from Indiana, Hopkins, Anne Arundel, Washington College and Medenhall School of Auctioneering, he established himself to follow the family legacy.
Initiating his career as a retail sales representative for Beltway International trucks in 1997, he continued the same job profile with the Central Truck Center and Maryland Truck Sales until 2000. His experience with sales distinguished his perspective of the market with renewed perspective which aided him stepping into the genre of real estate and personal properties around the country.
Getting on the bandwagon of the Campbell Auctioneers and Appraisers in 2001, Campbell III made his mark as a licensed appraiser and auctioneer of all types of properties. His diverse experience and fresh approach to the longstanding outlook of the company, helped them grow and expand by leaps and bounds and reach new horizons.
The family heritage, education and experience speak for themselves, promising nothing but the best customer service and experience at prices that are tailored to suit every pocket. Their dedication to provide professional services through competent collaborations rely heavily on their substantial education and elaborate experience garnered over the years. An experienced firm backed by logic, competence and credibility, Campbell Auctioneers and Appraisers have been a force to reckon with and promise to remain so in the years to come.
Moving out, refurnishing or simply planning to get rid of the old to make way for the new; whatever the reason may be, downsizing is always a good idea. Having too much stuff doesn’t always mean you must lug them all around for all eternity. We bring to you a few simple ways to pocket a profit from the old and the unnecessary.
Primarily, it is important to identify the number of items and/or furniture you want to discard, and how you want to go about it. Charity and donation could be one of the ways to go, the other being distributing the goods and furniture among other members of the family. Many of them might want to claim the family heirloom or their grandma’s favorite possessions as their own. Giving away items of emotional importance is never easy, make sure you make your peace with the loss before deciding to give away your personal favorites.
For family members that live far away, it’s technology to the rescue. Put up pictures and post them online for them to have first pick before putting them for sale on online portals such as eBay. It is important to evaluate the value and figure out appropriate liquidation of assets. Marking up your assets, equipment and drawing an inventory could be a tedious process, which could be handled efficiently by qualified appraisers. Specializing in estimation of items of significant value, they help predetermine appropriate market prices for items you have chosen to sell or donate. It is essential to verify appraiser credentials from institutions such as the American Society of Appraisers or the International Society of Appraisers to know their credibility and experience in fulfilling a job well done.
While selling long standing items or pieces of furniture, it is very important to remember that like clothes, closets change. Changing trends, home décor and furnishing ideas and needs have changed over time. What might have seemed fashionable a decade ago no longer seems appealing to the masses and might not fetch the same value that you had originally invested in. Hence an open mind and the right attitude come as a packaged deal while setting your mind to selling.
Last but not the least, a viable option to downsize stands in large scale garage sales, auctions and estate sales. Putting up your items of significant value may fetch you a significant price on the total asset value.
No sale comes without a price of its own. A certain investment and a cut of your share goes into extensive understanding and precise listing of your assets which could be handled by professionals with experience and expertise in the domain. They work metiulously, avoiding any unfortunate misgivings of unforeseen legalities.
Downsizing is never a small job, neither is it as simple as it seems. But in the right hands and at the right time, it can make a monumental task seem miniscule, all you have to do is choose well and wisely.
The art culture internationally is continually evolving. Art appraisal and increasing number of online art auctions has led to almost every kind of piece from Pablo Picasso to Vincent Van Gogh being featured on online auctions. However, you may think you need to break the bank in order to own of these pieces. Buying art is more about knowing when and how to invest.
Invest early in a piece following an art appraisal, watch noteworthy auction sites and you can sit back and watch the value of the artifact rise. The fact remains that if you do make an early investment, there is no guarantee that you are buying the next Picasso. Some local collectors have persisted however and earned their rewards based on the discerning choices they have made.
Edward Nader, co-owner of Nader art gallery says “Buy art because you love it, not just as an investment. When a piece is something that engages you, and moves you internally it becomes the right piece for you to own.”
Nader’s gallery specializes in both national and international art. There are also many other galleries in Shreveport-Bossier city offering purchases of art by local and international artists. An art critic for over 30 years, Robert Pincus is a respected name and he recommends making art investments in local, promising artists, which can yield good returns at an art appraisal later. Pincus who resides in Los Angeles, has traveled extensively offering guidance to artists through the critique series hosted by Shreveport Regional Arts Council. He has been extensively observing and involved with both the art community as well as with individual artists and collectors. He says that art gets made everywhere and really good art doesn’t always have to come from the urban, upscale areas alone.
Appraisal for Art Collectors
Large as well as small art collectors in the town were pleasantly surprised to receive a free art appraisal of privately collected items at the Alberta Art Gallery. The free appraisal gave many a chance to gauge the value of their valuable art collections.
Lisa Christensen, Director, Heffel Fine Art Auction House said valuing a piece of art, or art appraisal depends a lot on a number of different factors and auction price and appraised value can change according to who is buying. The quality of a piece of work, the interest of the collector to acquire a piece, and the artist are all factors taken into consideration during an art appraisal.
A private collector who remained anonymous for security reasons brought three pieces of Canadiana, a highly valued item. It is a double-sided piece by artist Nora Collyer, the second side was uncovered when an art conservator during an art appraisal removed the frame. The same collector also had a couple of pieces by John Lyman a Canadian painter. She wanted to share her pieces with educated collectors and also wished to have the pieces reappraised.
The collector who attended the event said “Art is a conversation, where it is more fun when people get what it’s about.” Her pieces which were quite stunning were appraised between $5000 and $20,000 each which was at best a conservative estimate made at the art appraisal. Her grandmother was also a renowned artist and the strong familial connection to art also allowed her the provenance to procure such good pieces.
Christensen also said “When the provenance of pieces are made clear, it helps with the art appraisal. Art collectors who keep records make the process much easier. Collectors prefer to buy art that comes from well authenticated sources, interesting collections with history make for interesting buys”.
This collector has a fine eye for art, and has found herself very happy with her art appraisal. She also went on to say “Art is about art that you like. “ She is looking forward to showcasing her pieces at a travelling exhibition of female artists to be held at Beaver Hall. Her double sided Collyer may be lent to the exhibition to share with other fans of Canadian Art.
Collecting art is not just about knowing what pieces to buy, but truly loving a piece. Sometimes a well loved piece bought from someone with authentic history and records may yield a very pleasant surprise at an art appraisal.
Buying and selling any item of a certain value requires evaluation. Whether it is personal property, collectibles, commercial merchandise or business assets, their market value has to be deduced as accurately and fairly as possible. Our firm provides highly rated appraisal services that are in compliance with industry trends as well as the Uniform Standards of Professional Appraisal Practices. We have been working diligently in the field of auction, liquidation and appraisals. With our extensive experience and competitive prices, you will be able to obtain a precise value of your assets. There can be many situations where an appraisal might be required. It could be estate division, resale, acquisition, tax appeals, divorce or business liquidation; our professionals can offer their expertise for both personal and commercial valuation.
When it comes to business liquidation, one needs to be quite particular. The evaluation of assets, equipment and other inventory has to be accurate as well as in accordance with market fluctuations. Business owners who are liquidating their assets also have to abide by a set of legal requirements in case dispute arises. Our firm will ensure that you obtain a fair appraisal that can be presented within the courts as well.
Amongst the many types of appraisals we provide, liquidation value is exclusively for business owners who are looking to liquidate their assets. This situation can at times be precarious and be spurred by bankruptcy, which is why, our appraisers aim to be as thorough and detailed as possible. Mostly, when assets are converted into cash in a hurried process by businesses closing down, the liquidation value is usually less than it would ideally be if the assets were sold in an ordinary situation.
Whilst business liquidation and bankruptcy remain primary reasons for the appraisal of tangible assets, there are others as well. Investments, additional capital, loan collateral or creditor satisfaction, are a few business practices that demand asset evaluation. It is an extensive process which requires the expertise of a qualified and trained professional. We can offer you the opportunity to benefit from a pricing mechanism that does not leave reeling from a loss.
If a situation arises where any of our customers is due in court, our firm will extend its full support. The valuation that you obtain from us takes into account recent market prices, industrial changes and any additional business requirements. We base our values of tangible assets of a business on stocks, equipment, inventory, real estate as well as other items listed on the balance sheet. These are actually categorized according to a specific order in terms of liquidation.
During the process of liquidation or solvency, business assets are evaluated under two divisions; current and non-current. The currents one can be converted into cash within a short period of time, while the latter ones are assessed may take longer.
Business liquidation is a challenging time for any business owner. We are dedicated to making it easy, smooth and completely hassle free. Despite the conversion into cash entailing a loss almost every time, our appraisals result in a liquidation value that is fair and favorable.
A leading firm in distressed and surplus financial and corporate assets transactions and valuations has announced the launch of Heritage Zetabid Realty Services, a real estate auction services division. This is in addition to the existing advisory, asset valuation, and auction capabilities of Heritage Global.
The new service offerings in the area of real estate auctions will provide new industry professionals who are well experienced and also services that will help clients monetize luxury, real estate and commercial bank-owned assets.
HZRS is the alliance between Zetabid and Heritage Global which will be focused on providing premier real estate auction services to clients. The company is geared to provide an easy to use and transparent bidding platform for online bidders looking to purchase real estate properties. Zetabid since its inception in 2008 has successfully sold over 3,000 properties.
Michael Davin co-founder of Zetabid will be Managing Director of HZRS and will oversee various roles and responsibilities including division operations, increasing customer base, implementing marketing and sales strategies, implementation of asset-focused monetization, products and services and real estate auctions asset auction strategies.
Ross Dove, Chief Executive Officer, HZRS said “Heritage Global is looking at expansion and providing diversified global solutions in asset management by moving into real estate auction. This will grow our product portfolio and add to our capabilities that will complement businesses and add value to customers, investors and corporate clients, invested in us.
Zetabid has expertise in real estate, this combined with Heritage Global’s expertise in asset valuation, auction capabilities and advisory capacities across global partners will allow us to diversify and expand to offer best global asset solutions and services in real estate auctions.
HZRS is expected to handle many large projects with a greater understanding of dynamics involved in commercial and luxury residential real estate assets. Michael Davin’s expertise in handling a number of property auctions on behalf of government sponsored entities and larger money banks will also contribute to effective management of HZRS. HZRS will handle large real estate auctions and liquidation sales on behalf of various private and corporate entities and clients.
The new division is expected to continue to forge strong client relations and the existing market demand for property is on the rise. The real estate auctions platform is expected to take off well and add to the diverse and extensive portfolio of both companies.
Appraising real estate and placing a value on land and property is the practice of creating an opinion of the worth of real property (typically the market value). The uniqueness of all real estate transactions and the distinctiveness of each property means that appraisals are necessary. Appraisals of real property matter because the condition of a given property may not be as it appears. The location of a property is also a determining factor when calculating its value., It’s value based upon its location fluctuates with the local real estate marketplace based on comparable properties. Renovations and refurbishments that have been made since a prior appraisal typically appreciate the value of the property. Real estate appraisal valuations are the cornerstone of mortgage loans, property taxation as well as personal settlements regarding divorces, bankruptcies, estates, etc. Often these reports are even used to derive a sale price of a given property.
Real estate appraisers are commonly called ‘land valuers’ or ‘property valuers’. When a valuer’s estimation is based upon market worth, it will also take into account the chief and paramount use of the real property. Mortgage values of renovated houses, are usually reported on the Uniform Residential Appraisal Report; however, commercial properties are conveyed in a narrative account and finalized by a certified General Appraiser.
Types of Value
- Market value
- Value in use
- Investment value
- Insurable value
- Liquidation value
Price vs Value Sometimes there are variances between what the property is actually worth (market value) and the asking rate (price). The price for which the property sells may be higher or lower than the market value. This can happen because of many factors which include: the buyer or seller’s state of mind, financial standing or requirements, idiosyncrasies between partners in a close relationship and differences between two parties conducting a deal for an investment property.
The most typical reason for the cost being different from the market value is that one of the parties, the buyer or the seller, is unaware of the property’s real market value and thus, signs a contract at a price that’s either overvalued or undervalued. When a property is overvalued the seller inherently will benefit and if it is undervalued the buyer would certainly be very happy. It is the duty of a genuine property appraiser or valuer to find the real market value of the real estate as opposed to its market price for the benefit of both the buyer and seller.
The Three Approaches to Value
There are three procedures for defining value. These procedures are generally denoted as the "three approaches to value". They are normally mutually exclusive:
• The Sales Comparison Approach
• The Cost Approach
• The Income Approach
Nowadays, more scientific methods are being used to appraise property. These new methods rely on measurable data, risk analysis, location based methodologies, as well as many other variables. A highly trained and skilled appraiser such as Robert Campbell, has to consider ‘the type of work’, type of value and type of interest for the property in question. Additionally, the quality and amount of data available greatly impacts a property appraiser’s choice of a suitable valuation method.
If a home inspection report is made available to the appraiser, Robert would be better able to conduct an as appraisals as he would be aware of any structural liabilities, such as major defects or expensive issues that the property might have.
Governing Bodies and Professional Organizations
States control appraisal practices within the United States through various regulatory bodies. The most important regulatory body is TAF (The Appraisal Foundation).
Appraisers must pass stringent tests and have well documented experience in the field as well as satisfactory reviews to become full-fledged appraisers.
Whether someone is a potential buyer or seller, having a property properly appraised by a professional will give them extremely valuable information to help ensure a fair deal amongst all parties
A Russian samovar, Victorian pop-up Valentines and two beloved teddy bears were all among the items evaluated at the Dexter museum on May 2. Licensed appraisers from Detroit, DuMouchelles Art Gallery each having various areas of expertise examined numerous items brought by about 60 people and provided verbal appraisal.
The event included many participants who turned over some of the items for art appraisal and subsequent sale at the auctions to be conducted by DuMouchelles auction scheduled to occur at a later date.
The Dexter Heritage Guild conducts The Antiques Appraisals Day as a fund raising event every spring. The appraisal is by DuMouchelles Appraisers and a $7 donation is required to participate in the event by those interested in getting their collectible appraisals, silver appraisals or art appraisals done.
The response to the appraisal event is overwhelming and DuMouchelles is planning to organize a second such event in fall. A number of items including silver, pewter, crystal, fiber arts, jewelry, wartime memorabilia, paintings and drawings, toys and small furniture items are brought in for appraisal.
Many choose to make appointments in advance, particularly in case of more difficult items involving silver appraisals to ensure they get the expert appraiser they need. A number of valuable items have been uncovered and many have turned them over for sales to the DuMouchelles auction.
While the event turnout was great appraisers do find it challenging to give a single final appraisal on some items brought in for appraisal. Particularly hard to appraise in one sitting is often items of silver, or silver appraisal which requires more detailed study and examination later before confirming its value.
The Dexter Heritage Guild has conducted Antiques Appraisal Day and annual Holiday Bazaar in the past to sponsor the preservation and operation of the Dexter Museum. Being a highly popular event, it has seen maximum participation from residents in the vicinity and also those travelling from nearby locations.
It is important to list all of the personal property and their value while filing for bankruptcy. The property value or an item value is not its purchasing price. In fact, it is the replacement value, which a retailer would be charging depending on the condition and age of the property. It is the price you would be paying during filing for bankruptcy. The replacement value depends on many factors, and there are different ways to analyze it. In general, the property or the item will be majorly determining its value.
Whether you are planning to buy a property from a Bankruptcy or you are completing the bankruptcy norms, it is important to assess the accurate value of the property. In this article, you will find ways to find out the rough estimate of the property.
Methods of assessing value of different properties
The value of motor vehicle depends on many factors. However, age and condition are the major factors.
If the vehicle is new and there are almost no loan and no equity on it, then you can consider its retail value. However, you should also get a glance on its mileage, model, and the running condition for determining the exact value.
If the vehicle is old, then it will be better if you approach local classifieds and online marketplace for the used vehicle, and see what other people are offering for similar vehicles. You can compare the price and determine its value.
There are lots of household goods and furnishings that together can make some serious bucks like TVs, computers, audio, video equipment, etc. It is tough to analyze their price because you have to go through the lots of items to figure out the combined amount. A better way will be approaching an online used product marketplace such as eBay, Thriftshop, Craigslist, OLX, and others.
One thing you should keep in mind that there is a trivial value of household items that are very old and worn-out. However, if a very old household item has some historical importance, then you might have to consult an expert for its value.
You should approach a licensed appraiser for valuing Jewels.
You can get a written appraisal from them. You will find estate property dealers licensed for the appraisal process. Their written appraisals will ensure trustees about the values. The local pawn shops can also be helpful.
Art pieces can be highly valuable or sometimes can get the value of peanuts. The amount one paid for it can give a clue. However, if it belongs from some popular artists or it has something unique that can make it costlier, then you must approach a reputable art dealer or auctioneer for an appraisal.
It is important to know the value of the property as well as the market condition while dealing with a bankrupt seller or valuing property for filing bankruptcy. If you play smart, then buying a property from a bankrupt seller can be a superb deal. The best part is there are minimum chances of a fraudulent transfer.
Richard Mellon Scaife, the late publisher’s property is still undergoing estate auction proceedings. A number of collectibles is scheduled to be on auction in liquidation sales by Christie’s with ceramics, collectibles and furniture in the list of items scheduled to go under the gavel between June 30 and July 1.
Mr Scaife’s inheritance tax returns are yet to be filed and are overdue since April, but taxes on the estate are eligible for an extension. The Westmoreland County Register of Wills received a $100 million check in October to cover the taxes on the estate owed to the State by Mr Scaife, but total is as yet undetermined until settlement of the estate auction is completed.
The liquidation sales are probably in order to make the distributions and to start paying the taxes said Michale Hussey, associate professor of law, Widener University, Harrisburg Campus. The expert in tax law said that until there would be approximately a year’s time in which the closing of the estate would be completed.
Over 500 pieces are set to auctioned following appraisal. The pieces are in the range of $2milllion and $3million. The items in the liquidation sales range from silver and gold coin collections, to porcelain, books and a Pierce-Arrow sedan.
Mr Scaife who is heir to Mellon oil, banking and aluminium fortune passed away on July 4 at 82 years of age. He was a leading funder of various conservative causes and was also publisher of a Pittsburgh newspaper and philanthropist.
The items for the liquidation sale were gathered from various properties located in Natucket, Mass, Pebble Beach, California, Shadyside and Ligonier. A previous estate auction by Clars Auction Gallery, a sister concern of Christie’s raised over $1 million through sale of 1500 lots since December. A lot of the pieces went at prices multiples higher than the value at appraisal said Deric Torre 0073, Director, Furniture and Arts Department, Clars.
The physical auction of the estate may also be among one of the highly anticipated ones. While liquidation sales continue, speculation about the estate is also on the rise, as people await to hear more. A number of artefacts of interest, various collectibles and other items are being auctioned in the liquidation sales to be scheduled to take place soon.
Getting an Auction Evaluation
Campbell Auctioneers & Appraisers, LLC is a trustworthy family-owned business known for its good reputation, integrity and team of expert professionals. Our personal service and competitive prices are unparalleled.
Our expert appraisers provide professional Auction Evaluations.There are no costs involved with requesting an initial consultation regarding your unique circumstances. We always seek to obtain the highest value while selling clients' property at auction. We offer attentive, thoughtful and personalized services to our clients who are considering to sell their property or an estate's property at auction. We provide targeted marketing for your items to a well connected network of buyers. Our competitive service prices allow you to maximize your proceeds from the sale of your property. We value our clientele and consider them a part of our family.
Obtaining an Appraiser
Giving a report of an opinion about the value of an item or property is a written appraisal at a given point of time. All the appraisers provided are in compliance with the uniform standards of Professional Appraisal Practice (USPAP). We charge a competitive and fair fee for providing written appraisal services. We have a team of expert specialists who would guide you through the entire process of written appraisal. We provide a professional and efficient experience of selling your items through an auction. A written appraisal is not required if you are interested in selling your item or property at auction. We can provide verbal estimates of values which do not cost anything. These verbal estimates are called auction evaluations as mentioned above.
Replacement Value Appraisal
If anyone is planning to underwrite their valuable items and properties, you would require a Replacement Value Appraisal for your item. The USPAP compliant document helps in estimating the retail replacement value of your item or property. This means the amount it would cost to purchase the same property or item in the event of a loss is the replacement value. The replacement value also contains a detailed description of each item and property. The description helps in evaluation and identification purpose; in case your property is lost or damaged. Often the value includes material or medium, artist, marker or country of origin of the item.
Fair Market Value Appraisal
For estate tax purposes and estate planning, the Fair Market Value appraisal is required. This mentioned value appraisal is also helpful for equitable distribution or tax deductible donation purposes. A fair market value appraisal is a USPAP compliant document which states some professional opinion from our expert specialists. The opinion consists of the value of the property or the item. The Appraisal will reflect the actual resale value of your item or property from an interested seller to an interested buyer. Both the seller and the buyer would get an idea and understand the current market for the item and properties. To assess rare and exceptionally high quality objects or property, we would travel worldwide for these appraisals. For further queries and doubts you can email us for discussing about the items and objects that might be quite rare and valuable.
A long-time resident of Florida and a collector has put his antiques, furniture pieces and collectibles in appraisal auctions. A number of items from prominent local estates and collections are set to be sold in an online auction. The auction is scheduled for June 27, Saturday at the Ankiewicz Deer Point Lake Residence, at a suburban Panama City location in Southport.
The auction is scheduled to occur from 8 A.M. central time and is to be conducted online via Invaluable.com and LiveAuctioneers.com by the Specialists of the South Inc. who are located in Panama City. Logan Adams, spokesperson of Specialists of the South Inc. said “Earldine loved collecting old objects, did not have a specific passion, but has collected many sought after items. She has a sharp eye.”
Among the items to be sold by the appraisers through the online auction are also primitive items, ironstone pitchers, reproduction Wedgwood furniture, Mulberry china patterns, Flow Blue, and other replica furniture which has been made with a lot of attention to details and pride. Items to be auctioned also include Ankiewicz’s daughter’s Orientalia collection. The daughter is now deceased and items from this list according to appraisers range from netsukes to Satsuma and cloisonné and snuff bottles. There are also rugs of value in the sale which appraisers are organizing online.
An accomplished artist who had her tutelage for 15 years under Mariette Paine Slayton, who authored Early American Decorating Techniques, she has done some beautiful work of her own. Her own work includes quilts, cotton velveteen, coverlets (crochet and knit), decoupage, trunk and tole painting work done on trays in silver, gold and bronze leaf.
Items of note, following an art appraisal said the appraiser will include a spool chest, well crafted with labelled drawers, with clean indications of what was stored and advertising on the customer facing side for J&P coats. There is a graphic of a spool of thread on the advertisement part. The Appraiser also said that there is a Singer, sewing machine that dates back to 20th century in top condition that is operational.
An item of note said the appraiser is an ink and wash on drawing of a cat by noted Asian artist Leonard Tsuguharu which is signed and dated (1929). A recent work of the same artist was sold by an appraiser for $1331 by William A Bunch Auctioneers.
Collectors can be set to be dazzled by the appraisal auction which will feature antique brass candlesticks, a tea caddy, a writing box with mother of pearl inlay, antique wall candle holder, white serving pieces, woven and glass baskets, hand painted tole trays, 10 handmade quilts and dated hand-painted trunks. 20 rugs which are a mix of Oriental hand knotted Persian rugs and also hooked rugs.
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