When it comes to equipment appraisal, you certainly don’t want someone with a clipboard guessing at values. You’ll discover within the pages of our website why a CMEA (Certified Machinery & Equipment Appraiser) , is your best solution.
It is important for you to know that the equipment appraiser you assign to the scope of work you need performed, has the knowledge, experience, ethics, and certification to provide you with a “Certified” Machinery & Equipment Appraisal Report.
A CMEA upholds the ethics and guidelines of the Uniform Standards of Professional Appraisal Practice (USPAP), promulgated and authorized by Congress as the Source of Appraisal Standards and Appraiser Qualifications.
A Certified Machinery & Equipment Appraiser has received formal comprehensive training and successfully passed a 100 question written test and submitted a Summary Appraisal Report evaluated by a Board of Peers.
You Should Know Who May Deliver An Unqualified “Non-Certified” Appraisal Report…
99.9% of Auctioneers who are called upon to deliver an Appraisal Report do not deliver a USPAP compliant Appraisal Report. That means the ethics and reporting of values in a USPAP compliant format are not prevalent. Therefore, the appraisal value will not hold up to scrutiny with the IRS, CPA’s, courts, lenders, attorneys and others.
99.9% of Dealers who are called upon to deliver an Appraisal Report are not certified because they do not see the need. Their main focus is to sell and buy equipment not providing a USPAP compliant Report or certification. Their value will not hold up to scrutiny with the IRS, CPA’s, courts, lenders, attorneys and others.