F.A.Q.’s

FAQ

What makes Parting with Possessions different from a traditional appraisal service?

Our unique, proprietary approach goes beyond appraisal of personal property and considers all aspects of divestiture. We believe it’s important to first consider a client’s goals through consultation and evaluation. A carefully researched appraisal of property is typically the next step, after which we offer recommendations for next steps and, if desired, we will even do the legwork of selling and transporting your possessions. Throughout this process, we are sensitive to the sometimes-emotional experience of parting with your belongings.

My mother is moving to a retirement community and needs to do some considerable downsizing. How can Parting with Possessions help her?

Her or your first step should be to contact Parting with Possessions for a consultation and evaluation. This is an opportunity to talk about your goals, as well as to get a sense of the volume of personal possessions. Parting with Possessions will be able to streamline the process of downsizing, making it easier for both you and your mother to concentrate on other things. Our four-step process is turnkey, which means that we can take care of everything, including the sale and transportation of personal possessions.
I have personal property that has already been appraised, but I am not sure what to do with these items. What is the next step?

Her or your first step should be to contact Parting with Possessions for a consultation and evaluation. This is an opportunity to talk about your goals, as well as to get a sense of the volume of personal possessions. Parting with Possessions will be able to streamline the process of downsizing, making it easier for both you

I have many possessions that are not necessarily “valuable.” Can Parting with Possessions still help me?

Absolutely. Part of how we help is in determining relative value through appraisal. Our researchers are industry experts who look at many aspects of personal possessions, including quality, age, and historic and market value. Again, we are mindful of your goals, which may not necessarily be about profit but perhaps more about clearing space. But, we will always give you a realistic perspective of what you can expect.

Is our appraisal information confidential?

Confidentiality is of the utmost importance to the client and we assure you that your appraisal document and the information contained therein will be held in the strictest confidence. Parting with Possessions takes extraordinary measures to ensure that no one other than you and your designees have access to your documents. Appraisers Fred and Maureen Winer adhere to the Code of Ethics established by the International Society of Appraisers and USPAP.

How much will it cost me to engage Parting with Possessions?

The costs involved vary from client to client depending on the scope of the project. Appraisal fees are charged at an hourly rate in accordance with the time required to complete the assignment.* research, and to write the appraisal. Fees can also be charged on a per diem basis, or on a negotiated agreed price, such as for a collection of art.  Clients can expect to pay a retainer before the appraisal begins. Payment in full will be made before the final report is released to the client. For appraisal reports of lesser properties full payment is expected at the time of examination.

* Where applicable, charges include time related to:

• Examination, Identification, Cataloging, Research, Photography
• Writing, Editing, Copying, Compiling, Collating
• Telephone Time: Land & Cellular
• Telephone Consultations
• Conferring, Consulting, or Review of the appraiser’s Work File
• Preparation for a Deposition or a Court appearance
• Appraisal Reviews of reports written by other appraisers

How Should I Prepare For the Appraiser’s On-Site Inspection?

Whenever possible:

• Provide a safe, distraction free, well lighted space for the appraiser to perform examinations.
• Remove hanging objects from the wall
• Remove prints from their frames
• Remove anything that is inside a piece of furniture and around it
• Arrange like objects together and by category.
• Clean and make ready all objects.
• Have ready copies of all documentation on an object like invoices, prior appraisal reports, insurance scheduling, any family history on an object written down, etc.
• If litigation is involved, have your attorney call the appraiser to discuss the assignment.
• If your appraisal report is intended for estate planning, charitable donations, settlements, or insurance scheduling, engage an appraiser certified in the Uniform Standards of Professional Appraisal Practice (USPAP). Our USPAP certified appraisers can satisfy the requirements of Trust Officers, the IRS, the Courts, and Insurance Underwriters.
• If you have specific questions not covered above, do not hesitate to ask. We can answer your questions. Email us at maureen@pwpusa.com or call 410-337-0085.