There are approximately 17-20 personal property appraisers nationwide whose focus resides in the deconstruction industry. Out of the few, some may not even have the requisite education and skills to apply accurate values to deconstructed materials and personal property since there are no licensing requirements presently in place specifically for the deconstruction appraisal industry. Because current proposals for raising the bar on appraiser standards have not been solidified yet, the implementation of higher standards often go unchecked. In fact, the vague language of some guidelines and standards have the effect of actually decreasing due diligence requirements. Unfortunately, it is the taxpayer who may suffer financially if appraisals are either intentionally or unintentionally inflated and produced using inappropriate methodology. It is our mission at The Green Mission Inc. to adhere to a higher set of professional and ethical standards than the current industry dictates, and we ensure they are followed by all members of our dedicated team. Before contracting with just any appraiser, be sure to ask the following questions:
Appraiser Questions
- 1.Name of appraiser and what company does he/she represent?
- 2.Is he/she a sole practitioner or does he/she have a company with support staff?
- 3.Is the company family-owned, or is it a verified business with unrelated employees and owners?
- 4.What level of education and experience does the appraiser have along with the business owner and staff?
- 5.What educational or vocational institutions did the appraiser attend, graduation dates, and concentrated area of study or major?
- 6.To what appraisal organization(s) does the appraiser belong? If it is an organization besides ASA, ISA, or AAA, explain why he/she chose not to be a member of one of the three deconstruction appraisal organizations associated with The Appraisal Foundation. 1
- 7.What continuing education courses has the appraiser taken, and what were the dates of the coursework?
- 8.What methodology does he/she use in determining valuations? If it is not the Sales Comparison Approach (SCA) please explain why that methodology is not used.
- 9.Does the appraiser have a resume which includes detailed descriptions of work experience, including responsibilities and industries within which he/she worked.
- 10.Has he/she been peer reviewed, and if so, when was the review and what was the result?
- 11.Can he/she provide a redacted sample of a recently completed deconstruction appraisal?
- 12.What is the total number of appraisals completed independently? (allowing for administrative assistance)
- 13.Does the appraiser have any vetted client testimonials?
All appraisers are not created equally. It is important that clients looking into the process take the time to check the competency of several appraisal companies before making a decision to choose one. The Green Mission Inc. guarantees that our talented professionals meet the highest standards of education and experience. President and CEO Jessica I. Marschall, CPA, has a tax consultation practice, is an adjunct professor in tax and accounting, and devotes her current research time to the regulation of non-monetary IRS charitable deduction standards. COO Mayur Dankhara, LEED AP, ISA AM, has practiced within the construction and deconstruction industry for over a decade. He continues to research best practices for deconstruction and waste diversion in both residential and corporate settings while collaborating on the process of appraisal production. Lead Appraiser Diane E. Scarbrough, ISA, has seven years of deconstruction and personal property appraisal experience and was a licensed real estate appraiser prior to her transition to personal property. She produces hundreds of appraisals a year. Our remaining dedicated support staff ensures adequate time is devoted to research and that client needs are met immediately. We provide a constant stream of communication with clients and are responsive to all questions and concerns.
Please contact us at: info@TheGreenMissionInc.com/ (855) 240-2155/ www.TheGreenMissionInc.com to learn more about the deconstruction appraisal industry or to schedule a commercial or residential consultation.
Reference Links:
1 The best way to check the completion of accreditation requirements is through the appraiser’s certified membership in one of three professional appraisal organizations listed here:
The International Society of Appraisers (ISA) - https://www.isa-appraisers.org/
The American Society of Appraisers (ASA) - https://www.appraisers.org/
Appraisers Association of America (AAA) - https://www.appraisersassociation.org/
