What To Know

Certified Appraiser vs. Non-Certified Appraiser

Auctioneers and machinery and equipment dealers may have a hidden agenda. 99.9% of these individuals are not Certified or trained in providing USPAP compliant appraisal reports. If the appraisal report you obtain is not USPAP compliant it is not a “qualified” appraisal prepared by a “qualified” appraiser pursuant to the Council of Foundations, IRS, or others. A Certified Machinery and Equipment Appraiser (CMEA) who is a member of NEBB Institute, meets and exceeds the experience and training requirements of many governing authorities. Beware if the individual does not have a certification. You will only be opening yourself up to increased costs, liability, risk, and an unsubstantiated equipment appraisal.

What is USPAP?

The Uniform Standards of Professional Appraisal Practice are generally the accepted standards for professional Appraisal practice in North America. USPAP contains standards for all types of appraisal services.

What does an Appraisal Cost?

The cost of a Certified Machinery and equipment appraisal can vary depending on the number of items to be appraised. After we have a conversation or receive an assets list or depreciation schedule, we will able to quote a fee for your appraisal. Lastly we will keep you informed during the appraisal process. We strive for 100% client satisfaction- no less.