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Nectar of the Gods: Unveiling the Top 5 Most Expensively Appraised Wines
Tuesday, March 26, 2024 in News, Education
The world of fine wines is a realm where craftsmanship, terroir, and history converge to create liquid masterpieces. Wine, often referred to as the nectar of the gods, has long been revered for its complexity, flavor profiles, and the unique stories encapsulated in each bottle. Some wines, however, transcend the ordinary, commanding astronomical prices at auctions and appraisals. In this blog, we explore the world of luxury wines, unveiling the top 5 most expensively appraised wines that have become symbols of prestige and exclusivity in the world of oenophiles.
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2024 ISA Education Foundation Scholarship Applications Open
Monday, March 18, 2024 in News, Education
Each year the ISA Education Foundation awards scholarships to qualifying applicants to support their growth professionally and academically. The application will be available March 15, 2024. The deadline is May 15th, 2024, and scholarship awards will be announced on June 1st, 2024.
If you are interested in a scholarship to advance your skillset and career, please read below and apply today!
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Professional Development Credits Demystified
Saturday, March 9, 2024 in Ask an Instructor, Education
This post is all about taking the mystery out of Professional Development Credits! Whether you are taking your first Requalification class or your fifth, reporting on your PDCs is an integral part of passing the course. The Requalification Packet that you receive during the class has a LOT of information in it. We hope this summary can break down the most important points and provide some clarity.
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Hog Wild Appraisal Problems
Saturday, March 2, 2024 in News, Ask an Instructor, Education
Yesterday I received the following voicemail message:
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“Potential Client calling from Nashville Suburb. I have a hundred-thousand-dollar hog I need appraised for insurance purposes. That’s what I paid for it so I would expect that it would appraise for that. I have all of the paperwork to show what I paid for it. What would you charge to come out and appraise the hog? Give me a call on the fee for that. -
Art Authentication Can be a Tricky Business!
Wednesday, January 17, 2024 in News, Ask an Instructor, Education, Business Tips
Art authentication can be tricky business. The International Society of Appraisers Core Course in Appraisal Studies teaches, “Authentication is a matter of informed and reasoned opinion, explaining, “Authentication is rarely definitive or absolute…. It is subject to revision as additional information becomes available…. It is subject to disagreement among experts.”
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UPDATES FOR YOUR APPRAISAL PRACTICE
Thursday, December 28, 2023 in News, Ask an Instructor, Education
There are a few changes to the new 2024 edition of the Uniform Standards of Professional Appraisal Practice (USPAP), effective January 1, 2024. It is your responsibility as an ISA Appraiser to educate yourself in the changes to USPAP.
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The Post-Pandemic New "Work" Order & Design Trends
Tuesday, August 29, 2023 in Ask an Instructor, Education, Member Insights
The media speculated that after the long COVID lock-down, consumers’ day-to-day life would return to the fast paced, activity-filled, dining-out-often existence, including returning to the office for work, that was typical of pre-pandemic life. Quite the opposite, the reality has been that people are continuing to use their homes as their primary workplace, the preferred place to entertain, and a sanctuary to relax and exercise a more financially conservative lifestyle.
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USPAP - Frequently Asked Questions!
Friday, April 14, 2023 in Ask an Instructor, Education
The Uniform Standards of Appraisal Practice (USPAP) materials include a lot of Frequently Asked Questions! There are currently 367 FAQs in the 2020-2021 version of USPAP which has been extended through December 31, 2023. These are included as guidance from The Appraisal Standards Board (ASB) of The Appraisal Foundation to respond to questions to illustrate the applicability of USPAP in specific situations.
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Understanding Guardianships
Monday, August 29, 2022 in Education
In the Netflix movie “I Care A Lot,” Rosamund Pike’s character, Marla Grayson, is an icy, ambitious, court-appointed legal guardian who fleeces her wards out of their homes, cash, and personal property with amazing efficiency. The story is fiction, but it shines a (dramatic) light on the predicament of individuals who become wards due to mental incapacity, inability to care for themselves, addiction, or disability.
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2022 Interior Design Trends Most Likely to Affect Value of Personal Property
Wednesday, June 22, 2022 in Education
I have been reviewing the general media, interior design professional publications, and other industry sources to spot the interior design trends for 2022 that are most likely to affect the value of personal property values. Changes in design preferences can help forecast fundamental shifts in market pricing that we as appraisers must recognize.
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