What is the difference between an estimate and a final appraisal of value?
Updated on Mon, 18 Sep, 2023 at 01:32 PM
Our estimates provide valuable insight into the value of your property in the current market but are not a formal appraisal. It is important to have a clear understanding of the purpose and limitations of our estimates, which is only the first step in the process of selling with Sotheby’s.
We take great care providing accurate and informed estimates for all items that are potentially suitable for sale with us. These estimates are preliminary, subject to physical or virtual (for Buy Now) examination of the item, as well as market fluctuations.
If you need formal documents for insurance, tax or estate valuations, consider our Valuation Services.
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article
120 out of 120 found this helpful.