This method of appraisal is an estimate of the value we would expect to generate in a live auction venue. This method is primarily used for liquidation of an entire estate. Live auctions are a great way to sell a large number of items in a short period of time, though not always the best way to generate each item’s full value potential.
This appraisal method is an estimate of the value of items, based on their potential sale value if listed in a secondary market, such as EBAY, AMAZON, FACEBOOK MARKETPLACE, CRAIGSLIST or selling in a RESALE/CONSIGNMENT STORE. This is the method we normally use in Divorce Appraisals and other appraisals where the items are not expected to be sold.
This appraisal method is an estimation of how much it would cost to replace an item with consideration for the item’s current age and condition. This method would be used for insurance claims cases, where items have been damaged, destroyed, stolen, or otherwise lost.
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