Asset appraisal is a way of giving an indication of what someone might be willing to pay for your asset at the time of the appraisal.
Asset appraisal is usually offered as a free service.
Are appraisals always correct? The only way to prove that an appraisal is correct is to actually sell the asset.
Asset appraisal provides an indication or an opinion of what an asset might sell for, but ultimately it is the market that will decide what your asset will actually sell for.
If you need to sell an asset today, then your asset is worth what someone is willing to pay today.
Asset valuation is generally regarded as being a written valuation for an asset requiring a definitive value for a specific purpose.
Asset valuations are services that require payment.
Examples of asset valuations could include a bank valuation of a property for mortgage purposes, with the bank using the valuation to determine the risk it might be taking if they were to lend money against the property.
Asset valuations can also be undertaken for insurance purposes, for example various jewellers offer a paid valuation service, with detailed reports on a watch providing a value for the watch that generally can help with an insurance claim if in the future the watch is ever lost or stolen.
Asset valuations generally indicate an asset replacement cost. Asset valuations do not necessarily provide an acurate figure of what an asset might sell for.
An asset may have a written valuation stating the what replacement cost might be on the date the valuation was provided.
However, if that asset was required to be sold, any valuation simply becomes a guide and the highest price the asset will achieve is only ever going to be the highest price a buyer is willing to pay on the day.
When people generally talk about asset valuation, they just want to know “what’s an asset worth?”.
Premier Acquisitions provide asset appraisal in Berkshire, Hampshire and Surrey free of charge.
We can appraise any asset of value, we will explain what the market is currently like for disposal of the asset taking all factors into consideration and usually if you are looking to sell any asset we can make you an offer to buy the asset.
Asset appraisal and asset purchase of any items of value in Berkshire, Hampshire or Surrey.
