Justuff League #4 - What's it worth?
Jul 8, 2018 ·
25m 26s
WHY is something worth what it is. The art of appraisals. Establishing the fair market value. Importance of location, past sale history, research. How market changes impact value - time,...
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WHY is something worth what it is. The art of appraisals. Establishing the fair market value. Importance of location, past sale history, research. How market changes impact value - time, tastes, comps, etc. Figuring in costs such as buyer's premiums, shipping. What is selling under duress? Liquidation value. Always remember - worth is what someone is willing to pay for an item in that moment.
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