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<p>[QUOTE="charley, post: 7763999, member: 5372"]I would suggest you proceed very carefully. Appraise for a fee, with documentation, OK. Buy based on that appraisal, questionable. Appraise for no fee and direct the person(s) to have another appraiser determine value of your offer, OK.</p><p><br /></p><p>It sounds like a family member is seeking the advice on behalf of parents, and is doing so via a mutual acquaintance.</p><p><br /></p><p>If you are simply going to buy and sell, then the basis of the evaluation/appraisal could be questioned and it happens frequently.</p><p><br /></p><p>Maybe better to refer to an independent appraiser and offer to purchase 15-20% under independent appraiser, may be fair. The size/quantity/quality and type of collection of course is important.</p><p><br /></p><p>The first decision to make is should the appraisal be a wholesale appraisal or market appraisal?</p><p>Appraisals, especially these days, can be a problem and definitely so for the person that is appraising and will buy.</p><p><br /></p><p>Everyone is different, and there will be many different opinions, so consider my thoughts and opinions as kicking off the (hopefully courteous) verbal fisticuffs contest.</p><p><br /></p><p>And definitely , I wish you well.</p><p><br /></p><p>edit change appraise to appraiser.[/QUOTE]</p><p><br /></p>
[QUOTE="charley, post: 7763999, member: 5372"]I would suggest you proceed very carefully. Appraise for a fee, with documentation, OK. Buy based on that appraisal, questionable. Appraise for no fee and direct the person(s) to have another appraiser determine value of your offer, OK. It sounds like a family member is seeking the advice on behalf of parents, and is doing so via a mutual acquaintance. If you are simply going to buy and sell, then the basis of the evaluation/appraisal could be questioned and it happens frequently. Maybe better to refer to an independent appraiser and offer to purchase 15-20% under independent appraiser, may be fair. The size/quantity/quality and type of collection of course is important. The first decision to make is should the appraisal be a wholesale appraisal or market appraisal? Appraisals, especially these days, can be a problem and definitely so for the person that is appraising and will buy. Everyone is different, and there will be many different opinions, so consider my thoughts and opinions as kicking off the (hopefully courteous) verbal fisticuffs contest. And definitely , I wish you well. edit change appraise to appraiser.[/QUOTE]
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