William Novotny, ISA AM has over 35 years of full time valuation experience with most personal property types, both appreciating and depreciating. He became an accredited appraiser with ANA in 1993 and with ISA in 1996. He remains current with both associations. He has provided testimony or written appraisal reports for litigation support on many occasions. He was deposed on March 16, 2011, June 21, 2012, August 17, 2012 and February 25,2013. His last trial testimony was on November 5, 2013.
Novotny was first an antique dealer from 1979-1999. He owned a 20,000, an 8,500 and a 3,200 square foot retail store and gallery from which he bought and sold most types of personal property. He also exhibited at Bustamante and other California antique shows and antique malls. He has been an active estate sale agent since 1990 and full time appraiser since 1993.
Novotny is exceptionally experienced in the orderly liquidation market such as auctions and estate sales. During his first 20 years as an antique dealer he usually attended one or more weekly auctions in which he was an active buyer, To this day he continues to research and review auction results from national auctions on a daily basis for most personal property object types. From 1989 to the present date he has acted as an estate sale agent and liquidated the complete contents of the homes of his clients. He frequently assists other estate sale agents in the pricing of their personal property intended for sale.
Novotny is frequently called upon for cases in which subject properties have been lost, stolen, converted or destroyed, some with multiple plaintiffs or defendants. In such appraisal assignments the subject property cannot be inspected. In 2008 he published a related article in the Journal of Advanced Appraisal Studies entitled: "Equivalent Sampling The Valuation of Loss Claims with Limited Property Descriptions". The article can be reviewed by visiting the link to his web site.
He has published two articles regarding the minimum competency and scope of work requirements for generalist personal property appraisers. One article was published in the Journal of Advanced Appraisal Studies in 2011; both articles can be reviewed on his web site.
The Uniform Standards of Professional Appraisal Practice (USPAP) is the minimum standard by which credibility is established for all appraisers. USPAP was established to protect the public. Most appraisers take a two day USPAP course and must pass a very challenging test to demonstrate that they understand the minimum USPAP ethical and competency requirements that apply to appraisers. Novotny was the first personal property appraiser to become an AQB Certified National USPAP Instructor and authorized by the Appraisal Foundation to teach the standardized course. He has taught USPAPe throughout the USA on many occasions since 1998. He occasionally does appraisal reviews based upon his USPAP expertise.
In 2010 Novotny developed and published the first personal property online USPAP Update courses. He did this in conjunction with his partner, Dave Maloney, at Appraisal Course Associates.
Court proceedings are challenging, adversarial and designed to get at the truth. Expert witnesses frequently disagree. The appraiser is under intense scrutiny and must be comfortable with these challenges. Appraisal qualifications, opinions and methods are challenged. The most qualified and experienced appraisers, that present the most persuasive and factually based opinions, will prevail in most cases.
Novotny embraces the challenges of the courtroom with confidence based on past experience, competent performance and a proper scope of work. He will establish and maintain his credibility as an expert witness by always being independent, objective, impartial and by telling the truth.
In each and every litigation support assignment Novotny's testimony:
• will be based on facts, proper appraisal methodology, his past knowledge and experience and a scope of work sufficient to develop credible assignment results.
• He will identify and understand the appraisal problem. He will explain his solution to the problem in his appraisal report and while giving testimony, based on the questions posed to him.
• His standard of care and his opinion development and reporting will meet or exceed the requirements of the Uniform Standards of Professional Appraisal Practice (USPAP).
• He will give his own opinion based on the facts of the case.
• He will present a professional appearance and demeanor.
• He will sit patiently and await questions, maintain composure, consider the question posed carefully and provide a simple, direct, supportable answer to the question asked to the best of his ability.
Contact Novotny now to discuss your appraisal problem, Call 626-292-2224.
Areas of Expertise
- Antiques, Art, & Collectibles Appraisal
- Personal Property Valuation
- Q: Please list your professional accreditations, degrees, licenses, and certificates granted:
- A: International Society of Appraisers, Accredited Member since 1996, requalified 2001, 2006, 2011
Appraiser's National Association, Accredited Appraiser, since 1993 to present
AQB Certified USPAP Instructor (#10138) since 2003
- Q: Please list your affiliations or memberships in any professional and/or industry organizations:
- A: International Society of Appraisers
Appraiser's National Association
- Q: Please list any teaching or speaking experience you have had, including subject matter:
- A: International Society of Appraisers - ISA USPAP instructor 2007/8 taught the 15 Hour USPAP in Dallas, Baltimore, Chicago and Sacramento
American Society of Appraisers for the San Diego chapter - 15 hour USPAP in 2005 & 2009; 7 Hour Update, 2007
American Society of Appraisers, Los Angeles chapter - 15 Hours Course, 2008
Appraisal Course Associates - 15 hour AQB National USPAP 2007 and 2008 in Baltimore Maryland
Appraiser's National Association (developed course material and taught appraisal theory, methods, report writing and USPAP 1998 - 2006)
College For Appraisers - USPAP 15 Hour and 7 Hour Update yearly 2007 - 2014 and Appraisal Theory, Methods, Practice and Report Writings (3-days, 2011) (4-days, 2014)
Appraisal Course Associates - National 15-Hour USPAP, Baltimore Md, 2008 and in 2010 developed and published online USPAP Update Courses for personal property appraisers from 2008 to current datel
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 29 litigation support assignments in which I was prepared to offer my testimony.
- Q: For what area(s) of expertise have you been retained as an expert?
- A: Typically retained as a generalist appraiser for large loss claims, some with multiple claimants. Specialist in large loss claims without inspection. General areas of competency are appreciating and depreciating properties such as antiques, furniture, glass, ceramics, metals, textiles, lighting, ethnic items (including Asian and Native American), records, books, collectibles, garden items, appliances, sporting goods, tools etc. When necessary will consult with experts in fine art, oriental rugs, sporting goods, collectibles, machinery and equipment, books, Asian and Native American objects etc.
- Q: In what percentage of your cases were you retained by the plaintiff?
- A: 10%
- Q: In what percentage of your cases were you retained by the defendant?
- A: 90%
- Q: On how many occasions have you had your deposition taken?
- A: Approximately nine times.
- Q: When was the last time you had your deposition taken?
- A: February 25, 2013
- Q: On how many occasions have you been qualified by a court to give expert testimony?
- A: I am not sure.
- Q: On how many occasions have you testified as an expert in court or before an arbitrator?
- A: Four
- 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 consultation and support
Litigated insured loss claims.
Appraisal review (regarding the quality of another appraisers work)
Property identification and valuation for mandatory or negotiated settlement, such assignments are often further developed later for trial testimony.
Insurance appraisal arbitration panel
Frequently retained for alleged damage by fire, smoke, water intrusion, mold or asbestos contamination and conversion.
- Q: What is your hourly rate to consult with an attorney?
- A: $175.00 per man hour
- Q: What is your hourly rate to review documents?
- A: First five hours to identify or define the problem are $250.00 per man hour and thereafter $175.00 per man hour
- Q: What is your hourly rate to provide deposition testimony?
- A: $350.00 per man hour (1 hour minimum)
- Q: What is your hourly rate to provide testimony at trial?
- A: $350.00 per man hour (2 hour minimum) plus $175 for waiting to provide testimony
- 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. $175.00 per man hour
Travel: $50.00 per man hour portal to portal
If Appraiser‘s presence is required greater than 100 miles from home-office, the Client agrees to pay all necessary transportation and lodging expenses plus a minimum of $900 per diem per-day for awaiting trial, or $350 per testimony hour plus $175 per hour while waiting to provide testimony, whichever is greater.
References upon request.