ASEA Certified Senior Equine Appraiser and Expert Witness
ASEA Certified Senior Equine Appraiser and Expert Witness
Equine appraisers are trained to value a horse's worth. Many factors are involved in valuing horses, including purchase price, training, competitive records, breeding record, lineage, health, show records and market comparison. Testimonials to the horse's character, health and potential performance from owners, trainers, judges, breeders and veterinarians who are familiar with the horse are also taken into consideration when appraising a horse. A qualified appraiser must know identifying characteristics of different breeds of horses, have a thorough understanding of the particular discipline the appraised horse is involved in and acquire a thorough understanding of the appraisal business.
A certified equine appraiser must follow USPAP Standards (Uniform Standards of Professional Appraisal Practices). USPAP can be considered the quality control standards applicable for real property, personal property, intangibles and business valuation analysis and reports in the United States and Canada.
A good appraiser should understand how restrictions, markets, evidence, sources, comparisons and intended use affect the outcome of the document. Each appraisal is unique.