Looking for an expert in personal property appraisal? Look no further. Our appraiser, Gregg Pfister, has obtained the Graduate Personal Property Appraisal (GPPA) designation for antiques and estate personal property offered through the National Auctioneers Association Education Institute. Mr. Pfister is qualified to conduct personal property appraisals for federal estate tax, divorce, donation, loan and insurance purposes for clients including trust officers, banks, attorneys, government agencies and individuals. Mr. Pfister is also qualified to provide expert witness testimony.
Sample Appraisal (coming soon...)
Questions and Answers About Appraisals
Q: What is GPPA?
A: GPPA stands for Graduate Personal Property Appraiser. It is a designation offered to auctioneers, appraisers, sellers and dealers of specialty items, that helps them enhance the services they offer to their customers.
Q: What is required to earn the GPPA designation?
A: To earn their GPPA, participants must complete two 14-credit hour courses (one in the specialty area of their choosing: antiques and estates, construction and farm equipment or plant machinery and equipment). They also must pass written exams on appraisal writing and research and the Uniform Standards of Professional Appraisal Practice (USPAP), a set of standards of practice for appraisers and users of appraisal services set forth by The Appraisal Foundation.
Q: Who coordinates the GPPA program?
A: The program is coordinated by the National Auctioneers Association Education Institute, based in Overland Park, Kansas. The Institute offers a wide range of educational and professional designation programs for auction professionals nationwide.
Q: Do a large number of Auctioneers hold the GPPA designation?
A: Fewer than one percent of auction professionals throughout North America hold the GPPA designation.
Q: Why should consumers hire an Auctioneer with the GPPA designation?
A: The reason is simple. GPPA means professionalism and expertise. Auctioneers with a GPPA designation have the background and knowledge it takes to successfully meet the needs of consumers when it comes to appraising personal and specialty property. They know industry trends and how to identify and properly value property.
Q: What is the difference between and appraisal and an auction estimate?
A: An appraisal is a formal written document subject to appraisal standards which values an item or group of items based on a set of stated objectives. An auction estimate or pre-sale estimate is simply the auctioneer's opinion of what an item is likely to sell for at auction.
NAA Education Institute News Release - June 7, 2006
Pfister Completes Designation Course
The NAA Education Institute has announced that Gregg Pfister of Sunflower Auction (Overland Park, KS) successfully completed the requirements for earning the Graduate Personal Property Appraiser, GPPA, designation offered by the Institute.
Pfister is one of only 300 auctioneers throughout the United States and Canada who has qualified for this prestigious designation. The successful completion of a three-part educational program - including examinations, submission of an acceptable appraisal and experiential requirements - are some of the necessary requirements to earn the GPPA designation.
Maintaining the designation requires 24 hours of continuing education courses every three years and recertification in USPAP every five years. The Institute program is designed to educate and train appraisal professionals in ways to enhance their services to clients and customers. The course covers the responsibilities of the appraiser, USPAP, factors affecting value, trends, methodology, valuation theory, functions of an appraisal, identification function, responsibility to the client, legal aspects, research methods and techniques, report writing and standardized format. The faculty is comprised of nationally recognized appraisers and professionals who serve the industry.