DESIGNATED APPRAISAL REVIEWER
Dr. Wei Yang offers Appraisal Review service. She earned an Accredited Senior Appraiser designation in Appraisal Review and Management (ARM, 2017-2025) from American Society of Appraisers. With a Ph.D. in Chinese art history, M.A. in Asian art and years of hand-on experience on consulting and appraising Asian art, Dr. Yang performs appraisal review of Asian Art Appraisals for litigation concerning insurance settlement, authenticity and taxation disputes.
An appraisal review is a written report that follows a rigorous process to judge the overall quality of an appraisal and the accuracy of the subject value conclusion. It adds a level of due diligence to what many users of appraisal services consider an inherently risky situation.
Dr. Yang conducts appraisal review of most forms of Asian Art, with a focus on Chinees art, particularly classical Chinese painting and calligraphy. She specializes in Chinese ceramics, jade and decorative arts, Japanese woodblock prints, Korean fine arts, Tibetan Buddhist art, Indian, Thailand and Cambodian arts. Dr. Yang is an independent art appraiser, review appraiser, Chinese art expert witness and lifelong educator. She has served as Chinese Art Appraiser since 2005, Expert Witness for litigation since 2015 and Review Appraiser since 2017. Dr. Yang is a lifelong educator and writer (Books by Wei Yang). She brings integrity, professional competence in multiple fields, impartiality and objectivity to her work.
WHAT IS APPRAISAL REVIEW?
-USPAP Compliance
An appraisal review is a written report that follows a rigorous process to judge the overall quality of an appraisal. By analyzing the adequacy of appraisal methodologies, verifying the accuracy and completeness of data selection, and assessing the relevance of scope of work in relation to intended use, an appraisal review develops an opinion as to the reasonableness of the value conclusion and the credibility of the appraisal under review. Appraisals lacking in accuracy, relevance or reasonableness, or prompting questions about competence or completeness are good candidates for an appraisal review. Attorneys, bank representatives, lessors, accountants, auditors, and financial officers in both the private and public sphere face increasing exposure to risk because of flawed or invalid appraisals. In these circumstances, an appraisal review can be an effective tool for evaluating an appraisal’s level of compliance with professional standards such as those mandated by the Uniform Standards of Professional Appraisal Practice (USPAP) and codes promulgated by credentialing associations such as American Society of Appraisers and Appraisers Association of America. Appraisal reviews can be used to reduce financial risk, increase transparency and validity, and encourage confidence and trust surrounding insurance settlements, marriage dissolution, estate affairs and taxation.
STANDARDS FOR APPRAISAL REVIEW
-Standards 3 (Developing) and 4 (Reporting)
Appraisal reviews must comply with Standards 3 and 4 of the Uniform Standards of Professional Appraisal Practice (USPAP, published by the Appraisal Foundation and updated biennially). Standard 3 offers guidance on developing an opinion of credibility and Standard 4 on developing a review report. Both standards provide detailed instructions on how to discuss professional standards of care, adequacy of data, relevance of discussion, reasonableness of value conclusion and how to develop a review report with or without value (depending on the intended use of the appraisal review). Appraisal review reports can reveal disturbing factors, such as errors in calculation, flawed appraisal methodology, thin explanation of scope of work, mistaken identification of a property’s value features, use of unqualified comparables and unsupported value conclusions.
FOCUS OF APPRAISAL REVIEW
Relevance, Accuracy and Reliability, Adequacy and Completeness, Consistency, Cohenrence and Balance, Clarity.
REVIEW APPRAISER
-Designated Review Appraiser (ARM)
Wei Yang, Ph.D. in Chinese art, offers appraisal review service if the assignment is interesting and challenging. Starting in September 2025, Dr. Yang has decided to focus on writing, that means freeing herself from some professional obligations. She is ready to let go her two ASA speciality designations-Accredited Senior Appraiser (ASA, 2010-2025) in Appraisal Review and Management (ARM, 2017-2025)- from American Society of Appraiser, although she stays engaged as usual. Her passion for Asian art and dedication to the excellence of appraisal services remain intact. Although Dr. Yang will be selective about accepting appraisal assignments, she will NEVER low her high standards for providing quality art consultation and appraisal. To use her time and energy wisely, she only accepts appraisal review assignments that match her expertise and research interests.
Dr. Wei Yang offers the highest quality appraisal review services at the minimum cost. Dr. Yang believes that art owners should have access to quality professional services and deserve some professional compassion or generosity.
Need quality Asian art consultation and appraisal?
Starting with a preview of your property for appraisal is wise. Preview information is available at Preview My Artwork
