Certified Appraisals

Munari Auctions was founded in 2004 for the purpose of conducting an auction and certified appraisal business dedicated to increasing liquidity, trust and transparency for both buyers and sellers of real estate and personal property. We honor our fiduciary responsibility to our clients by providing expert appraisal services, sound advise on the disposition and acquisition of assets real and personal and by being readily available through all stages of the auction process.

Munari Auctions is a member of the The Certified Appraisers Guild of America (CAGA), with members in all 50 US states and 6 Canadian Provinces. The Certified Appraisers Guild of America is North America’s # 1 trainer of personal property appraisers. On an annual basis, it trains more personal property appraisers than any other organization in North America.

The Certified Appraisers Guild of America (CAGA) is a professional accrediting organization providing certification of personal property appraisers. The Guild has been instrumental in helping to standardize the personal property appraisal profession. The members of the Certified Appraisers Guild form a network of valuable appraiser contacts throughout the United States and Canada.

The Missouri Auction School established the Certified Appraisers Guild of America (CAGA). Founded in 1905, the Missouri Auction School has trained auctioneers in general appraisal principles. For over a century, it has provided personal property appraisal training as part of its curriculum. It has been recognized world wide for its quality training programs by such organizations as Newsweek, The Wall Street Journal, Smithsonian Magazine, the Times of London, England and ABC, CBS, CNN and NBC news.

Method of Appraisal

There are four stages to the methodology of Munari Auctions’ Certified Appraisals.

Part 1  Free Consultation with the client to identify and discuss the property and the issues.

Part 2  Identifying and recording the assets.

Part 3  Analyzing and researching the item or items and determining Fair Market Value.

Part 4  Preparing a final written Appraisal.

Cost of Appraisals

The expense of the report is incrementally stepped according to the level of work performed.

Step 2 is in the range of $50 to $75 per hour, per person assigned to the appraisal.

Step 3 is in the range of $100 to $125 per hour.  This is one person.

Set 4 is  at $125 per hour. This is one person writing the final report

The time for each step is determined by the scope of work, which includes travel, location, amount of personal property and the necessary research to determine the total facts in final Fair Market Value opinion.

The value of the items being appraised has no bearing on the cost of the appraisal. i.e., “An appraisal for a simple oil painting worth $100 may cost more than a sculpture worth $10,000.  The cost of the appraisal is determined on the factors of information and labor needed to arrive at the FMV.

 

There are two types of appraised values; 1) the item’s value in the market often called “its fair market value”, and  referred to as the price paid by a willing buyer to a willing seller. The second is the replacement value, which is the retail price that would have to be paid to replace the item.  Munari Auctions offers both fair market and insurance appraisals for private individuals, corporations, museums, banks, estate lawyers, etc. Appraisals are  private and confidential. Many factors determine appraisal fees, including research, time and travel.

Geno Munari is a Certified Appraiser.

 

Curriculum Vitae

EDUCATION

Certified Appraisers Guild of America

Personal Property appraiser certification program.

Missouri Auction School

Auctioneer

National Auctioneers Association Education Institute

Accredited Auctioneer Real Estate 100

Accredited Auctioneer Real Estate 200

Accredited Auctioneer Real Estate 300

U.N.L.V. 109 hours Real Estate

 Geno Munari is a graduate of the Missouri Auction School and a member of the Certified Appraisers Guild of America, National Auctioneers Association, National Auctioneers Foundation and the California State Auctioneers Association.