Other than real estate appraisers, who are state-certified, appraisers are not regulated by statute or agency.
That's why it's important to seek out an appraiser accredited by a recognized professional organization such as ASA, which sets rigorous standards of experience, education, methodology and ethical conduct.
For an appraisal that's valid in court, accepted by banks, insurance companies, auction houses, and the IRS, look for an ASA appraiser.
Leading Appraisal Organization
The American Society of Appraisers is the nation's oldest and largest interdisciplinary appraisal organization. Founded in 1936, the ASA includes specialists in all types of tangible and intangible property, both real and personal.
Serving Pennsylvania and New Jersey
The Philadelphia Chapter (Chapter 35) of the American Society of Appraisers represents accredited ASA members serving the greater Philadelphia region spanning Pennsylvania, New Jersey and Delaware.
At the 2015 International Appraisers Conference, the Philadelphia Chapter received the Society's 2014-2015 awards for Outstanding Chapter of the Year and Best Chapter Mentor Program, the mentoring award for the sixth time!
ASA accreditation enhances appraiser credibility in many arenas, including litigation, financial reporting, and insurance. It is also meaningful for property tax, estate, gift and business planning.
ASA appraisers will identify and value the property they are qualified to appraise, and refer to or consult appraisers in other disciplines or specialties as needed.
November 2016: Installation of Officers
The November Chapter Meeting was held on Wednesday, November 16, 2016 at the Doubletree Guest Suites in Plymouth Meeting, PA.
In the photo at left, outgoing President William Mitchell, far right, swears in 2016-2017 Officers (from left to right), Second Vice President Megan Salehli, Secretary/Treasurer Walter O'Connell, First Vice President Sheila Gorman, Third Vice President Todd Jarden, and incoming President Andrew Sherriff.
May Wine Tasting, Tapas and Art
The May Chapter Meeting featured a Spanish Wine Tasting and Tapas/Hors D ’Oeuvres hosted by Vinocity founder, Vicki Miller. It was held on May 18, 2016 at the Twenty-Two Gallery in Philadelphia where the paintings and drawings of Philly activist/artist Caryn Kunkle were on exhibit.
The event was "a great success." Chapter members and their guests enjoyed superb wines and ample tapas while Vicki Miller talked about the facts, figures and science of winemaking and about the Spanish wine growing regions.
Ms. Miller's guests sampled and learned about four distinctive wines: a Segura Viudas Brut Cava, a sparkling wine made from Macabeo, Parellada, and Xarel-lo grapes, an Albariño Martín Códax, a refreshing white wine made from the Albariño grape, a Monte Clavijo Rosé Rioja, a rosé made with 60% Tempranillo and 40% Garnacha grapes, and a Castillo De Clavijo Rioja Reserva, a classic red from the Rioja, made with 80% Tempranillo, 10% Garnacha and 10% Mazuelo grapes.
Philadelphia Chapter Hosts 2nd Annual Service Event to Benefit Cradles to Crayons
On Thursday, December 3, 2015 the Philadelphia Chapter hosted a combined service event and happy hour in support of the local chapter of Cradles to Crayons. The event, held at the Great American Pub in Conshohocken, Pennsylvania, was an opportunity for members of the chapter to contribute cash or an article of essential children’s clothing to Cradles to Crayons while enjoying complimentary hors d’oeuvres and an open bar. Members who attended filled a large box with clothing and donated over $400 in cash for this worthwhile cause.
The mission of Cradles to Crayons is to “provide children from birth through age 12, living in homeless or low-income situations, with the essential items they need to thrive - at home, at school and at play. We supply these items free of charge by engaging and connecting communities that have with communities that need.”
The Philadelphia Chapter was proud to host this event and looks forward to hosting it again next year.
Robert M. Haas, Jr., ASA: 2015 Sinclair Award Winner!
The 2015 George D. Sinclair Professionalism Award was presented to Robert M. Haas, Jr., ASA by William P. Mitchell, ASA (far left) at the Chapter's November meeting. The Award, which was created by the Philadelphia Chapter in 2003, recognizes an individual -- not necessarily a Chapter member -- whose actions have enhanced the appraisal profession. (Learn more about the award.)
Mr. Haas is the President of the Jenkintown PA firm of Robert M. Haas Associates, Inc., which advises middle market companies on mergers and acquisitions and provides them with a wide range of business valuation services. Mr. Haas took his B.A. at Cornell, earned a J.D. cum laude at Boston University, and received his Master of Laws in Taxation from Temple. He is a well-respected speaker who has addressed bar associations, business clubs, graduate programs, and professional societies on valuation and strategic transaction planning and execution.
A longtime member and past President of the ASA Philadelphia Chapter, Mr. Haas has distinguished himself and the Chapter by organizing and presenting its prestigious Spring Business Valuation Seminar, which will hold its 11th annual meeting this April. The Seminar attracts high profile presenters and participants from across the country and abroad.
Congratulations to Bob Haas -- the 2015 recipient of the Sinclair Award!
September 2015: Installation of Officers; Albert Lazo on Accounting Standards
The September Chapter Meeting was held on Wednesday, September 16, 2015 at the Doubletree Guest Suites in Plymouth Meeting, PA.
In the photo above, outgoing President Eric Hencken, far left, swears in 2015-2016 Officers (from left to right), First Vice President Andrew Sherriff. Incoming President William Mitchell, Secretary/Treasurer Michael Cunningham, and Second Vice President Sheila Gorman. Third Vice President Megan Salehli is not pictured.
The guest speaker was Albert A. Lazo, Director of Valuation Services at Brinker Simpson & Company, headquartered in Springfield PA. Mr. Lazo is a leader of his firm’s valuation practice, which serves Fortune 500 and middle market clients. He gave an informative review of recent Accounting Standards Updates (ASUs) and their impact on business valuation.
ASA Philadelphia at the Barnes Foundation
The May 2015 Chapter Meeting was held at the Barnes Foundation’s Philadelphia Campus. The special meeting included a cocktail hour and the Chapter had exclusive access to the world famous art collection. A member of the museum’s staff gave an excellent talk describing the rare and unique items contained in the collection.