William Novotny is an Accredited personal property appraiser, retired antique dealer, estate sale agent and AQB Certified instructor of the Uniform Standards of Professional Appraisal Practice (USPAP). Since 1979 he has valued antiques, art and general resisidential contents. He was accredited by the International Society of Appraisers (ISA) in 1996 and requalified in 2001 and 2006. He has produced carefully constructed, USPAP compliant and persuasive appraisal reports for hundreds of clients and over 10,000 properties. Litigation support is a primary focus of his practice. He has extensive knowledge and market experience with most property types.
In 2002 he was Certified (#10138) by the Appraisal Qualifications Board (AQB) of the Appraisal Foundation to instruct the Uniform Standards of Professional Appraisal Practice (USPAP). He was the first personal property appraiser to attain this distinction. His National 15 hour USPAP course is accepted by all major professional appraisal organizations for purposes of accreditation.
William Novotny was a full time retail proprietor of 19th and 20th century antiques, fine art, decorative art, Asian art, collectibles, rare records, books and general residential contents since 1979. He owned a 21,000, an 8,500 and a 3,200 square foot retail store and gallery until the late 1990's. He exhibited at important antique shows in California. He provided antique furniture restoration services in the early 1990's.
William Novotny is knowledgeable regarding most property types and their relevant markets. Years of study, retail sales, auction attendance, and estate liquidation have exceptionally prepared him to identify and value personal property, and to understand the nuances of the various market levels in which personal property sells. He is keenly aware of the competency requirements for each property, knows his limits, and has an database of specialist appraisers, dealers and experts that consult.
Based upon a submitted claim list William Novotny can value property not available for inspection. In 2008 he published a scholarly article in the Journal of Advanced Appraisal Studies entitled: Equivalent Sampling The Valuation of Loss Claims with Limited Property Descriptions." The article discusses the requirements for credibly appraising such property in compliance with USPAP using simple statistical methods and equivalent sampling. The article can be located through www.appraisaljournal.org.
William Novotny first testified at trial as an expert witness in 1997. Since 2004 he has given his testimony yearly at deposition or trial. He is willing to travel nationwide for appropriate assignments.
William. Novotny understands and embraces his obligations to his clients. He knows that he must deserve their trust and confidence, and that his appraisal opinions must be credible, objective, impartial, unbiased and worthy of belief. He regards USPAP as the minimum standard by which credibility is established. He takes care that the entire appraisal process is in compliance with the USPAP standards and rules.
Background
Q: Please list your professional accreditations, degrees, licenses, and certificates granted:A: International Society of Appraisers, Accredited Member
Appraiser's National Association, Accredited Appraiser
AQB Certified USPAP Instructor (#10138)
Q: Please list your affiliations or memberships in any professional and/or industry organizations:
A: International Society of Appraisers
Appraiser's National Association
Claims Prevention and Procedure Council
Q: Please list any teaching or speaking experience you have had, including subject matter:
A: Appraisal Course Associates, Instruct 15 hour National USPAP Class, see: http://www.appraisalcourseassociates.com/index.html
International Society of Appraisers (contracted USPAP instructor)
Appraiser's National Association (developed course material and taught appraisal theory, methods, report writing and USPAP)
College For Appraisers (USPAP instructor, developed and taught "Expert Witness" class and lectures)
Annual Collector's Conference: Presented 1 hour lectures: "Appraiser's Role" and "Expert Witness"
Q: Have any of your accreditations ever been investigated, suspended or removed? (if yes, explain)
A: No
Q: On how many occasions have you been retained as an expert?
A: Since 1997 I have been retained for at least 28 litigation support assignments in which I have developed my opinions, and was prepared to offer my testimony. In the last four years I have been deposed twice and testified at trial twice.
Q: For what area(s) of expertise have you been retained as an expert?
A: Generalist appraiser for large loss claims, some with multiple claimants. General areas of competency Appreciating and depreciating properties such as 18th, 19th and 20th century furniture, glass, ceramics, metals, textiles, lighting, ethnic items (including Asian and Native American), records, books, collectibles, garden items, appliances, sporting goods, tools etc. Standard research methods answer most questions. I frequently consult with experts in fine art, jewelry, oriental rugs, sporting goods, machinery and equipment, books etc.
Q: In what percentage of your cases were you retained by the plaintiff?
A: Under 10 percent
Q: In what percentage of your cases were you retained by the defendant?
A: Over 90 percent
Q: On how many occasions have you had your deposition taken?
A: Approximately four or five times.
Q: When was the last time you had your deposition taken?
A: November 17, 2006
Q: On how many occasions have you been qualified by a court to give expert testimony?
A: Less than 28 occasions.
Q: On how many occasions have you testified as an expert in court or before an arbitrator?
A: Three
Q: For how many years have you worked with the legal industry as an expert?
A: Since 1997
Q: What services do you offer? (E.g.: consulting, testing, reports, site inspections etc.)
A: Litigation support
IRS Tax appraisals
Dissolution appraisals
Appraisal review
Trust management;
Damage claims inspection consultations and appraisals;
USPAP compliant, fast paced, oral appraisal reports for sales advisories;
Property identification and cataloging;
Q: What is your hourly rate to consult with an attorney?
A: $150.00 per man hour
Q: What is your hourly rate to review documents?
A: $150.00 per man hour
Q: What is your hourly rate to provide deposition testimony?
A: $350.00 per man hour (2 hour minimum)
$1,800 per day
$950 per half day
Q: What is your hourly rate to provide testimony at trial?
A: $350.00 per man hour (2 hour minimum)
$1,800 per day
$950 per half day
Q: Please list any fees other than those stated above (E.g.: travel expenses, copy fees, etc.)
A: On site inspection $250.00 per man hour
Property identification, research, consultation, trial preparation etc. $150.00 per man hour
Travel: 1 hour free then $40.00 per man hour
