Novotny welcomes inquiries regarding unusual, complex and challenging general antiques and personal property appraisal problems. He will work carefully to determine the most cost effective way to solve your valuation problem. He has carefully developed USPAP compliant reporting options to apply to the presenting valuation problem. He can provide the best and most cost effective reporting option relevant to your specific needs and the needs of intended users that you may identify.
There are many reasons to seek a personal property appraisal. The appraiser's objectives and value solution depends on the reason for the appraisal (How it will be used). The value problem must be properly identified first.
To the extent necessary William Novotny's appraisal report will be based on a proper development of his opinions and conclusions including, as needed, research of comparable sales in a relevant market. His judgment as a personal property appraiser and antiques appraiser is informed by exceptional market experience with most personal property types since 1979. His personal property appraisal report will properly disclose his scope of work, assumptions and limiting conditions so that the assignment results will be meaningful to the client and not misleading. He consults, as needed, with specialists for rare and unusual properties. A personal property and antiques appraisal report, whether written or oral, must be credible, meaningful, appropriate, complete and relevant to intended use.
William Novotny has in-depth knowledge of the theory, methods and standards of appraisal practice. He has taught from three to five day long Theory, Methods and Report Writing classes to personal property appraisers on several occasions over the years. Since 2002 he has been certified by the AQB to teach other personal property appraisers the minimum standards of the Uniform Standards of Professional Appraisal Practice (USPAP). Novotny will identify and solve your personal property appraisal problem efficiently, cost effectively and credibly using the best, most relevant and cost effective reporting option.
Novotny Appraisal Services in Los Angeles and Southern California offers thirty-eight plus years of experience as a general personal property appraiser and antiques dealer. This valuation experience entails over 20 years as a full time personal property appraiser and antiques appraiser since 1996. During the period in which he was an antique dealer (1979-1999) he attended weekly and monthly Los Angeles and Southern California estate auctions and he priced general personal property objects for retail sales at his various antique stores (largest 20,000 sq. ft.) and at his exhibits at antique malls and antique shows between 1979 and 1999.
Antiques and personal property appraiser William Novotny's market experience also includes over a quarter century of experience conducting occasional onsite estate sales of antiques, household goods or residential contents that include all types of personal property that require liquidation. When acting in the role of Estate Sale Agent he is no longer acting as an appraiser but uses many of the same skills that are required to properly price property for sale.
Throughout his valuation career he has faithfully embraced daily study of personal property and antique objects and markets. He regularly reviews a wide variety of national auction results reported in the Maine Antique Digest, live auctioneers.com and prices realized and reported on the Internet on eBay and various other sites that document and publish the results of auction sales from hundreds of auction houses over the past 10+ years.
Nearly each day he selects a book or specialist magazine from his library regarding a property type and studies it. His daily study since 1979 delved deeply into general furniture, antiques, fine art, all types of Asian objects (his primary focus for the last five years), decorative art objects, collectibles, glass, porcelain, textiles, books, ephemera, records and most types of ordinary personal property and residential contents. He is able to identify most types of rare, unusual and highly desirable objects that require special care, and often consultation with specialists.
He is familiar with Native American objects which he bought, sold and collected for many years. For the last few years he usually focused his daily study on Asian porcelain, lacquer, furniture and other historical objects made on China, Japan and Korea. He lived in Japan for two years while serving in the Army from 1966-1968, and became fluent in Japanese and visited many Tokyo Museum exhibits, as well as in Kyoto, Nara and Osaka. He has bought, sold, priced and valued Asian objects since 1979.
William Novotny is qualified and competent to value most types of general antiques, household contents and general personal property credibly.
General European, Asian and American Historic and some Contemporary Objects as well as rare items
Novotny is a general Los Angeles antiques and personal property appraiser competent with most complete residential contents including objects that are rare and unusual. His object knowledge is linked to multiple market levels and relevant demand factors.
‣ Trust Management & Decision Making
In 1987 the Appraisal Foundation (TAF) was authorized by Congress to be the source of minimum appraisal standards (USPAP) and appraiser qualifications. Since then each state is required to implement these minimum standards and qualifications whenever an appraiser is licensed. The Uniform Standards of Professional Appraisal Practice (USPAP) is recognized and embraced by Congress, regulators, government agencies, the IRS, the courts and the insurance and banking industry. USPAP establishes the minimum standards for all appraisers. Compliance with USPAP is necessary to establish a basis for trust between the appraiser and the client. Clients have a reason to invest their trust in the appraiser when the appraiser complies with USPAP while following the appraisal process.
Demand Credibility. The primary task of the personal property appraiser is to properly understand the client's valuation problem, especially the client's intended use. The final task of the appraiser is to ensure that the valuation report is worthy of belief relevant to intended use. Avoid appraiser Incompetency.
The Appraiser Qualifications Board (AQB) USPAP Instructor Certification Program was implemented in February 2002 to certify USPAP Instructors to properly teach the Uniform Standards of Professional Appraisal Practice (USPAP). Since January 1, 2003, only AQB Certified USPAP Instructors have been permitted to teach the National USPAP Courses (15-hour and 7-hour courses) that are required of appraisers. In 2003 Novotny became the first personal property appraiser to be certified as a National AQB USPAP Instructor.
Expert Personal Property Appraisals. Most Types of Personal Property and Most Assignment Types (Uses)
‣ IRS Tax Purposes
Norman Rockwell (American, 1894-1978)
Depicting a mock jury, signed and dated.
‣ Insurance & Damage Claims
There are times when it is not possible to inspect subject property. Read Novotny's 2008 published article that explains such assignments, the requirements and solutions.
Novotny is a Los angeles general antique and personal property appraiser that is competent with most object types including rare and unusual objects based on 38 years of market experience.
Barstow CA area blacksmith shop closed and untouched since 1950s appraised by Novotny
‣ Dissolution of Marriage
Bill Novotny, first and foremost, focuses on a thorough understanding of the presenting appraisal problem as presented by the client during first contact. All later decisions are based on this understanding.
Wm Spratling prototype Alaskan
silver mask donated to LACMA
and appraised by Novotny
‣ Litigation Support
‣ Formal or Verbal Appraisal
Novotny's Appraisal Knowledge Covers Most Residential Contents
Novotny is an Experienced, Competent and Ethical Los Angeles Antique and Personal Property Appraiser with 38 years of valuation experience in all market levels, assignment types and most property types
‣ Equitable Distribution
Moving and Storage/Damage Claims
Trust and Probate
Estate Planning and Management
Dissolution of Marriage
Expert Witness Testimony
Deposition and Trial (other states)
IRS Tax Appraisals
‣ Sales Advisory
All personal property appraisers should comply with the Uniform Standards of Professional Appraisal Practice (USPAP) which establishes the minimum ethical and performance standards necessary to protect public trust in appraisers.
The Appraisal Foundation (TAF) was authorized by Congress in 1987 to be the source of standards for appraisers. In 2002 Novotny was the first personal property appraiser in the USA to be certified to teach USPAP to personal property appraisers by the Appraisal Foundation (TAF). Novotny is currently certified as an AQB Certified USPAP Instructor until 2020 at which time he will recertify. Register now with Appraisal Course Associates (ACA) for a scheduled personal property live webinar: 7-Hour USPAP Update Course presented online, each month. Read 60 unsolicited reviews from 2012 to 2018 submitted by past students that completed an Online 7 Hour USPAP Update Course by ACA, a TAF approved USPAP course provider.
Call Novotny now at (626) 292-2224 to discuss your valuation problem and determine if Novotny is the right personal property appraiser to solve that appraisal problem. He will decline any assignment for which he lacks sufficient knowledge and experience to conclude the assignment competently.
A personal property and antiques appraiser must be independent, objective, impartial and unbiased. An appraiser's opinions and conclusions must always, without exception, be credible and competently and ethically developed.
A formal appraisal report is a professional, carefully written signed document that complies with required standards and is suitable for submission to insurance companies, the courts, the Internal Revenue Service and all private clients.
Novotny will provide meaningful and well reasoned opinions of value that are worthy of belief by every client and identified intended user for each appraisal assignment he performs.
Novotny's 15 Hour USPAP courses cover all ethical and competency requirements that apply to the development and reporting of appraisal or appraisal review assignments as well as the USPAP requirements that always apply when acting as an appraiser.
Novotny's 7 Hour USPAP Update course covers all changes that were implemented by the ASB for 2016-2017; it also explores many advanced issues that are commonly confronted and often confusing to appraisers.
In all of his USPAP classes Novotny alway uses many personal property real world scenarios that are based on his extensive experience as an appraiser, antique dealer and estate liquidator.
Find out more about Online or Onsite USPAP and other appraisal courses taught by Bill Novotny
Personal property and antiques appraisers are not licensed or regulated in California, nor in any other state. Any person can represent that they are an appraisal expert and to have the valuation knowledge possessed by appraisers. Many lack training in appraisal theory, methodology and report writing. Many lack the required knowledge and experience that is necessary to develop and report credible valuation assignment results. Many are unfamiliar with USPAP, which is the minimum standards necessary to support appraiser credibility.
Check credentials carefully before hiring an appraiser. Accredited membership in a recognized professional personal property appraisal society will establish that an appraiser has met the professional association's minimum experience, training and educational requirements. Professional societies and associations require their members to comply with USPAP and abide by their ethical and report writing standards. Appraisers without such membership are less likely to understand the appraisal problem and solution and are often ill equipped to provide credible opinions, analyses and conclusions. Novotny has been an accredited member of ISA since 1996.
Ask any appraiser you interview whether or not they have successfully completed the 15-Hour USPAP course, passed the required test and always provide a signed USPAP certification when providing a valuation conclusion. Ask about their membership in professional appraisal societies or associations. If the answer is no - proceed cautiously!
Novotny will always comply with USPAP, the ANA and ISA Code of Ethics and Professional Conduct, and the ISA Report Writing Standard when acting as an appraiser. In each and every appraisal assignment Novotny has a signed USPAP certification.
Visit Novotny's Antiques, now known as Novotny's Antique Gallery and operated by Shauna Novotny since 2000. It was initially opened by Bill Novotny in 1979. He was a full time antique and general residential contents dealer for 20 years.
See Novotny's CV
Contact Novotny NOW!
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Copyright 2009-2017 - all rights reserved - William M. Novotny
‣ Appraisal Reviews
& Personal Property Appraiser
Phone: (626) 292-2224