5 Ways the ISBA-NEBB Conference Helps Machinery Appraisers Navigate a Changing Field
In a profession defined by precision and trusted judgment, [...]
Getting to CMEA and Staying There
There’s a reason we talk a lot about CMEAs at the NEBB Institute. We’re very proud of the fact that we have a designation you know you can trust. Only qualified professionals who meet the Institute’s stringent qualifications earn the designation of a Certified Machinery and Equipment Appraiser (CMEA), so you know if you’re working […]
Three Mistakes Lenders Make When Determining the Value of Borrowers’ Equipment
After weathering the economic downturn, lenders know better than anyone the importance of doing due diligence before granting a loan to a business. SBA backed lenders are once again lending money, but with caution. One of the ways they exercise this caution is to conduct their own appraisals of collateral. This ensures that they will […]
Advanced Appraisal Designations
Although we mostly discuss Certified Machinery and Equipment Appraisers (CMEAs) here at NEBB Institute, the fact is that there are plenty of other professional designations in our industry that qualify appraisers for all sorts of different appraisal scenarios. For example, there’s the NEBB Institute’s MCMEA (Master Certified Machinery/Equipment Appraiser) designation. MCMEAs provide needed financial information […]
International Valuation Standards and Who Sets Them
There isn’t much variation in appraisal rules from one state to another. Each individual market varies a little depending on demand for a piece of machinery or equipment, but each asset in a west coast state would be treated (and likely valued) just like a piece of equipment in an east coast state. But what […]
Standards of Valuation Practice Released
As we’ve stated on countless occasions within this blog, CMEAs are required to adhere to the Uniform Standards of Professional Appraisal Practice (USPAP). This ensures that any appraisal report you receive from a CMEA will be irrefutable, defensible, and withstand scrutiny. But just because NEBBI lives in a USPAP world, we acknowledge that there are […]
NEBBI Training Addresses Your Learning Style
People learn best in different ways — some people enjoy lectures and others enjoy reading. Some like self-directed study while others prefer collaborating with a group. No matter your preferred method of learning, the NEBBI’s CMEA training works to suit your unique learning style. If in-person instruction is your thing, you can attend one of […]
Appraisal Reviews and the Rebuttal Process
Let’s say you ordered an appraisal of your machinery and equipment. You hired a certified appraiser who put together a detailed report of the value of your items, along with supporting documentation and how they were able to derive the value. But what if you disagree with the appraiser’s opinion. Is it set in stone? […]
Ex-Military Joining the Machinery and Equipment Appraisal Ranks
Though there are several programs in place designed to help military veterans rejoin the workforce — and others that encourage the hiring of ex-military members — one profession that hasn’t seen an influx of former service members is the machinery and equipment appraisal business. That’s starting to change, however, as equipment appraisal companies are seeing […]
Helping Your Appraisal Business Grow
Anyone familiar with this blog knows how much a CMEA can do for their business. Auctioneers can improve their business. Real estate appraisers can add another stream of income to their business. There are also plenty of people a CMEA can approach when trying to expand their business. Consider directing your prospecting toward someone in […]
