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How to Choose the Right Business Appraiser 

Jun 28, 2022

Choosing a business appraiser is a big decision. If your business is seeking appraisal services, it’s no doubt because you have something important on the line, such as a sale, merger, tax decision, etc. As such, you want to find the right business appraiser for the job. At Allstate Appraisal, we can help.

What to Think About When Finding the Right Appraiser for Your Business

Each business is unique both in its business type and industry, as well as the reason why it needs a commercial appraisal. Here are some things to think about when trying to find the right appraiser for your business. 

  • Know why you want the appraisal. The first thing to do when seeking a business appraiser is to get clear with yourself about the purpose of the appraisal and the appraisal goals. Some appraisers may specialize in different appraisal types; there’s also a difference between appraisal and valuation. Make sure you know what you’re hoping to get out of the appraisal before you start the process. 
  • Determine the appraiser’s experience level. The next thing you want to do is determine the experience level of the appraiser. For how many years has the appraisal company been in business? What type of commercial appraisals do they specialize in? Have they ever performed an appraisal for a business like yours? 
  • Go for value, not price. When choosing an appraiser, it can be tempting to choose the appraiser who offers the lowest price point. Rather than focusing on price, though, it’s important to focus on value. At the end of the day, the thing that is most important is a comprehensive appraisal that meets all standards and will stand up to review. 
  • Read reviews. If you’re still not set on an appraiser after talking with them about their services, we recommend reading reviews. Client reviews are a great way to get a feel for the quality of an appraisal and the experience of working with a specific appraiser. 
  • Get clear on the process. Finally, make sure you get some time to get clear on the appraiser’s process and everything they offer before you hire them. It’s important to compare and contrast one company’s services with another’s. 

Call Allstate Appraisal Today for Business Valuation Services You Can Trust

At Allstate Appraisal, we have experience providing commercial business appraisals for businesses in numerous different industries. We know what you’re looking for in terms of quality and communication, and always deliver. To learn more about our commercial appraisal process for businesses and how to get started, reach out to us directly today. 


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