What does it mean to appraise someone?
1 : to set a value on : to estimate the amount of appraise the damage. 2 : to evaluate the worth, significance, or status of especially : to give an expert judgment of the value or merit of appraise an actor’s career.
Is it appraise or apprise?
apprise. give notice of; acquaint; inform: He will apprise the client of the fee. Not to be confused with: appraise – assess; determine the worth of: She asked the jeweler to appraise her diamond ring.
How do you appraise something?
To appraise is to estimate the value of something, but remove the second “a,” and you have apprise, which means “to tell.” If you hire someone to appraise your house, you might have to apprise your family of the fact that you now owe the bank more than your house is worth.
How do you appraise a team member?
Teamwork Appraisal Comments You demonstrate a strong ability to balance a willingness to help others on the team and carry out of your own direct responsibilities. Your ability to both listen to others and contribute your own ideas is a great demonstration of your teamwork skills.
What is a antonym for appraised?
appraise. Antonyms: undervalue, discard, condemn, brand, misappreciate, misestimate. Synonyms: value, survey, estimate, price.
How is appraisal value determined?
The Appraisal Process and How Values Are Determined A property’s appraisal value is influenced by recent sales of similar properties and by current market trends. The home’s amenities, the number of bedrooms and bathrooms, floor plan functionality, and square footage are also key factors in assessing the home’s value.
How does an antiques appraiser value an item?
Appraisers will often value antiques based on the median value rather than the highest or lowest prices realized for similar items. It happens all the time. A piece may sell well at an auction, but then the same item fetches a more moderate price at an antique show.
What makes a porcelain piece an appraisal piece?
An important component of ceramic and porcelain pieces are any identifying marks or seals. These characteristics allow appraisers to determine the origin, date, specific artist or kiln from which the piece originated. Markings and seals are also important as the counterfeit market for ceramics is quite robust.
How does an appraiser look at a property?
A good appraiser will ask you about your plans so he or she can assess your property accurately. If you want to sell something, an appraiser will look at its fair market value — that is, the price you can obtain from a willing buyer. This price will be less than what retailers would sell it for.
What do appraisers do to pin down your home’s value?
If the neighbor across the street sold their home of a similar age, size, and condition for $320,000, while another down the block sold for $350,000, the appraiser is going to work within that range and add or subtract value for your home’s unique condition and features.