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, often monthly. 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 at (626) 292-2224 to discuss your valuation problem and determine if Novotny is the right personal property appraiser to solve your appraisal problem. He will decline any assignment for which he lacks sufficient knowledge and experience to conclude the assignment competently.
‣ Litigation Support
A personal property appraiser and antiques appraiser must be independent, objective, impartial and unbiased. Appraisal opinions and conclusions must always 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 including oral appraisals of residential contents.
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. Novotny is an AQB Certified USPAP Instructor. In 2003 Novotny became the first personal property appraiser to be certified as a National AQB USPAP Instructor.
Personal Property & Antiques Appraiser. Most Property Types and Most Assignment Types (Intended Uses)
‣ IRS Tax Purposes
Norman Rockwell (American, 1894-1978)
Depicting a mock jury, signed and dated.
‣ Insurance & Damage Claims
Your personal property can't be inspected?
Read Novotny's 2008 published article that explains the requirements and solutions.
Novotny is a Los Angeles residential contents appraiser competent with most types of personal property including rare and unusual objects based on 38 years of market experience. Find out about his Oral Appraisal service which is most cost effective! Call 626-292-2224. Read more about the types of items he appraises.
Barstow CA area blacksmith shop closed and untouched since 1950s appraised by Novotny
To the extent necessary a Novotny Appraisal Services in Los Angeles appraisal report will be based on a proper development of his opinions and conclusions including, as needed, research of comparable sales in the 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 (38+ years). His personal property appraisal report will disclose his scope of work, assumptions and limiting conditions so that the assignment results will be meaningful to the client, not misleading and be properly understood. 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, sufficient 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. He provides distant appraisals and online appraisals without inspection in Los Angeles and Nationally.
William Novotny, a general personal property appraiser, and owner of Novotny Appraisal Services in Los Angeles and Southern California has thirty-eight (38) years of experience as a general personal property appraiser and antiques dealer. He has 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. Find out more!
He also has over a quarter century of experience conducting residential contents estate sales (1990 - 2018). He liquidated the contents of homes loaded with antiques and all types of personal property that required exceptional knowledge and experience with all types of property and the various relevant markets in which the property can be sold. It was a challenging task seeking to obtain the highest selling price while being mindful the client no longer desires ownership and that liquidation was the objective.
Throughout his valuation career he has faithfully embraced daily study of personal property and antique objects and markets. To this day he regularly reviews a wide variety of national auction results (prices realized and reported) 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.
He is familiar with Native American objects which he bought, sold and collected for many years. For the last few years he 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. He 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.
‣ Formal or Verbal Appraisals
Novotny's valuation and market knowledge can solve challenging appraisal problems
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
‣ 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
The appraiser's objectives and value solution depend on how it will be used by the client & potential intended users. The value problem must be properly identified to determine competency and the scope of work needed.
A competent, ethical general personal property appraiser in Los Angeles with 38 years of valuation experience in all market levels, assignment types and most property types. If value is in doubt find out! Call 626-292-2224
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. Beware of appraiser negligence and incompetency.
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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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.
‣ Sales Advisory
Wm Spratling prototype Alaskan
silver mask donated to LACMA
and appraised by Novotny
Novotny is a Los Angeles Generalist Personal Property Appraiser
Call Novotny in Los Angeles area: 626-292-2224
‣ Dissolution of Marriage
Bill Novotny seeks a thorough understanding of the Client's presenting appraisal problem when first contacted. All later decisions are based on this understanding.
‣ Appraisal Reviews