The following questions should be asked of your appraiser.
What is the individuals educational background in appraising?
An appraiser should have completed courses in report writing and methodology. offered by the International Society of Appraisers (ISA).
Does the Appraiser work on a flat fee or hourly basis?
Most appraisers are self-employed and set their own fees, which will be either a flat fee or an hourly fee. Under no circumstances should an appraiser's fee be based on a percentage of the value of the item for a written appraisal.
How are these cost defined?
The method of payment and costs should be clearly described in a contract between you and your appraiser.
What other costs are there?
Other costs may include long distance telephone fees, travel time, ferry fees, if applicable, mileage, hotel/motel and meal expenses if an overnight is required. Be sure these are discussed with the appraiser prior to signing a contract.
What can I expect to receive for the appraisal fee?
You should receive a document describing your personal property clearly and accurately with a market value of each item. The market value is determined by the function of the appraisal. Some of those functions are insurance, dissolution of marriage, probate and estate settlement.
Note: At this point in time there is no requirement for a Licensed Personal Property Appraiser in the State of Washington.