This is a type of appraisal used to inform an aircraft owner, buyer
or seller of the current fair market value of a certain aircraft.
This process is more accurate than a Book Value since the "actual condition"
of the aircraft will be considered. It has a substantially lower
cost than a Certified Appraisal because the appraiser does not visit the
aircraft.
All information about the aircraft is provided by the client and it
is the client's responsibility to verify the accuracy of the data.
National Helicopter Service
will provide a form for gathering the required data and instructions on
how to "assess the condition of major components". Market
Analysis have limited usefulness and cannot be used for obtaining financing
or for tax and legal disputes. They are however an inexpensive way
to develop a fair estimate of actual market value for the condition of the
aircraft.
When received, the data will be checked for accuracy and completeness.
The data will then be processed using the same NAAA software and databases
that are used for a Certified Appraisal. The Market Analysis report
is similar to a Certified Appraisal with the exception that since the data
have been provided by the client, and the appraiser has not visited the
aircraft, the report cannot be certified!
If you have any question about whether you should be getting a market
analysis for Certified appraisal, please contact us. We will be happy
to discuss your particular needs and recommend the appropriate service.
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