Auctioneers and individuals with GPPA behind their names have a greater knowledge of the ins and outs of personal property appraisal.
Those that have successfully completed the program have spent time learning the responsibilities of the appraiser, and have a good knowledge of the Uniform Standards of Professional Appraisal Practice (USPAP)guidelines.
GPPA designated auctioneers and appraisers know not only how to conduct a complete and appropriate appraisal, but also know the various factors that affect the value of appraised items.
When hiring an appraiser, you’ll want someone that has knowledge of:
- industry trends
- the function of the appraiser
- identification, valuation and methodology of appraisal \
- the responsibility the appraiser has to the client
- legal aspects of appraisal
- research methods
- standardized report formats
- maintenance of appraisal records
In addition to the above qualifications, GPPA designees often specialize in one or more of the following areas:
- Antiques & Estates
- Plant Machinery & Equipment
- Construction & Agricultural Equipment
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Source:Â National Auctioneers Association
http://www.auctioneers.org/Education/gppa/index.php