Value Definitions: Forced Liquidation & Orderly Liquidation

Podcast

Date September 1, 2020

 

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In the opening episode of the Added Value - Educational series, Managing Director Rick Wilichowski defines two commonly utilized premises of appraised value, Forced Liquidation Value and Orderly Liquidation Value.

  • Forced Liquidation Value: An opinion of the gross amount, expressed in terms of money, that typically could be realized from a properly advertised and conducted public auction, with the seller being compelled to sell with a sense of immediacy on an as-is, where-is basis, as of a specific date (www.appraisers.org).
  • Orderly Liquidation Value: An opinion of the gross amount, expressed in terms of money, that typically could be realized from a liquidation sale, given a reasonable period of time to find a purchaser (or purchasers), with the seller being compelled to sell on an as-is, where-is basis, as of a specific date (www.appraisers.org).

 

Host:

 Nicole Trice, Director, Marketing
Guest:  Rick Wilichowski, Managing Director, Business Development