SCOPE OF WORK
Appraisals include the following stages of work..
DETERMINE OBJECTIVE: ENA Appraisals begin every appraisal with a client consultation. Consultations are free of charge and can be done in person or via phone. During the consultation, an in-dept understanding of the client’s goal and artwork will be discussed. A quote in writing will be provided within 48 hrs of the consultation. If client chooses to move forward, every appraisal requires the following three distinct stages of work:
PROPERTY INSPECTION: The appraiser meticulously examines the property consistent with the Getty Object ID, the international standard for art, antiques, and antiquities, including description, markings, condition and photography.
VALUE RESEARCH: The appraiser considers the appropriate approach to value to research the value conclusion addressing multiple factors including the following as applicable:
Market Identification, History, and Condition, Comparable Property Location, Public and Private Sales, Retail Costs, Market Levels and Trends, Consumer Habits, Expert Opinion
REPORT WRITING: The appraiser prepares and assembles the completed property, market, and value research utilizing USPAP reporting standards. Illustrated and annotated report is delivered electronically via PDF with value conclusion fully explained.