Wednesday, April 12, 2017

Machinery and Equipment Appraisal Update

As a CMEA through the NEBBI, professional development and education is ongoing.  Last weekend I had the opportunity to attend their Spring Conference in Dallas, TX.  I wanted to thank Dan Hall for all the hard work at putting on a great event.

The topics were wide ranging from economics, nuts and bolts, to innovation.  Unlike residential real estate appraisers (which I am one), everyone was very open and willing to answer questions late into the evening.  

With that being said, what are some of the things that separate us from the appraisal you get from an auctioneer or dealer?  

  1. Ethical Obligations - CMEA's uphold the ethics and reporting of USPAP
  2. Advocacy Only for the Appraisal - CMEA's are advocates of the appraisal, not of any person or entity
  3. Certification - CMEA's undergo extensive training and testing to earn the professional credential of CMEA (Certified Machinery & Equipment Appraiser)
  4. Defensible Appraisal - A Certified Appraisal by a Certified Machinery & Equipment Appraiser (CMEA) is backed by ethics, reporting, and substantiation. A CMEA's defensible appraisal will withstand scrutiny. (1)
So the next time you need a machinery or equipment appraisal don't hesitate to give us a call!

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