[pianotech] written appraisal

[Paul T Williams]

Hi Gary,

When I'm asked to do this, I will do the following;

Give an overall summary of the current condition of the piano, both inside 
and out, Note work that has been done to it, work that will be needed in 
the near future as well as other work sure to come farther out.'  I do 
this for many reasons, whether the customer understands piano-lingo or 
not. They may know someone who does, or the purchasing customer may have 
his/her own technician that might review my opinion.  Also, as in real 
estate appraisals, a few photos are always nice to have attached.  I don't 
go as far as finding comparable recent sales in the area like real estate. 
I also don't charge $700 or more either!! 

I then give them 3 $figures;  One; what the piano may sell for by a 
private owner: 2; what the piano may sell for in a piano store: 3; what a 
new piano of the same quality (brand wise) and size would be.

Also, I include a disclaimer that the figures given are strictly my 
professional opinion and I can not guarantee any actual monitary value 
that the piano actually sells for in the real market.

Hope that helps a bit.

Best,
Paul




From:
Gary <gmcc at charter.net>
To:
pianotech at ptg.org
Date:
10/25/2011 09:20 AM
Subject:
[pianotech] written appraisal



I've been contacted to do a written appraisal.  I have done my research 
and have a good idea of what the piano is worth.  Now, how do I word it 
on paper?
Certainly something like 'I have determined Steinway Model M serial 
number XXXX is worth $XXX.XX' won't suffice.  Any ideas?
thanks,
gary


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