NAFA member Western Aviation shares their latest article about what to look for in an aircraft appraisal company.
Determining an aircraft's true value requires specialized knowledge that goes far beyond a simple estimate. Buyers, sellers, and lenders all depend on accurate valuations before making significant financial decisions. Choosing the right provider for this important task can make a meaningful difference in the outcome. The following factors explain what to look for when selecting a partner for this work. Understanding these considerations ahead of time can help you avoid a costly, uninformed decision.
Verifying Proper Certifications And Accreditations
Proper credentials play a critical role in ensuring an appraisal meets recognized industry standards. An aircraft appraisal company holding ASA Senior Accredited Appraiser status and USPAP certification demonstrates a strong commitment to accuracy. These certifications reflect specialized training and adherence to established valuation methods and ethical guidelines. Recognized industry bodies typically require ongoing education to maintain this level of accreditation. Verifying these credentials upfront helps buyers and sellers feel confident in the reliability of the final report. This confidence often matters most when large sums of money are involved. This kind of accreditation often distinguishes a truly qualified provider from less experienced alternatives. Clients should never hesitate to ask directly about a provider's specific certifications and credentials.
Choosing Between Onsite And Desktop Appraisals
Different situations call for different types of appraisal reports depending on time and inspection needs. An aircraft appraisal company offering both onsite and desktop appraisals provides flexibility for varying client circumstances. Onsite reports include physical inspection, logbook review, and photography for a thorough, detailed assessment. This hands-on approach often uncovers details that remote review alone might miss. Desktop appraisals offer a quicker option when time is limited or a physical inspection is not required. This option often suits preliminary evaluations or situations requiring a faster turnaround. Understanding which option fits your specific situation helps ensure you receive the most appropriate valuation. Discussing your timeline and needs upfront helps a provider recommend the right type of report.
This article was originally published by Western Aviation on August 21, 2026.