Assets @ Home: Appraisal Education on Demand

Happy New Year! I’m not sure I’ve ever been more glad to offer that wish than this year. 

Do you qualify for the SAS track to achieve Accredited Member (ISA AM) status?

This is not an uncommon question in the Core Course in-person class, but it is even more common from the Core Course Distance Education students. The confusion is not limited to the beginner appraiser courses. I have also had requalification course attendees and students in the AF+DA courses who are not clear on the differences. Therefore, now seemed like a good opportunity to review the differences in use and the selection of comparables for these two objectives.

Question: A fine art print from the same print edition can often be found in multiple retail galleries with a range of different asking prices. How do I choose which asking price to use for replacement cost? Does the condition of the client’s print play a role in the selection of the comparable?