The National Inventory Certification Association congratulates member Randy Bagwell of Accurate Inventory for achieving the designation of Certified Appraisal Examiner.
PRESS RELEASE – The National Inventory Certification Association (NICA) is pleased to announce that Randy Bagwell, owner of Accurate Inventory, has recently been awarded the designation of Certified Appraisal Examiner (CAE). The purpose of a CAE designation is to establish recognition for this specialized service.
The growth of the personal property inventory industry has created an opportunity for contents inventory professionals to serve as Appraisal Examiners. This certification provides the education and the credentials needed to properly assist appraisers. The appraisal firms can locate and subcontract certified, qualified examiners to assist with the collection of descriptions and photos of items to be appraised. From this information provided by the inventory professional, appraisers are then able to create a certified report.
When completing an inventory service for residential and commercial clients, the inventory professional is often asked if they know the value of items, or if they can refer an appraiser. The CAE designation signifies that these contents inventory professionals have the knowledge required to collect and then submit the necessary information for an appraiser to assign value. This allows for a two-way referral opportunity between these two industries.
To help ensure that the inventory service provider is prepared to serve the appraisal industry, the Education Committee, consisting of NICA members, an established property appraiser, and the Association Directors, determined the requirements to achieve an Appraisal Examiner Certification.
Only those who have earned their Certified Inventory Expert (CIE) or Certified Inventory Specialist (CIS) designation are eligible to apply for this additional level. The inventory professional is also required to successfully complete the Customer Service and Appraisal Examiner courses, plus an elective chosen from the NICA curriculum. The Appraisal Examiner course was co-written by a property appraiser to ensure integrity and provide hands-on processes for accurate collection of information.
Based in Easley, South Carolina, Bagwell offers residential and business asset inventory services as well as appraisal examiner services to South Carolina, North Carolina, and Georgia.