When it comes to machinery and equipment, depreciation is the estimated decrease in value from the initial purchase price of an asset based on a number of criteria, including physical, functional, and/or economic factors. From an appraisal perspective, which is somewhat different than an accounting or finance perspective, if machinery or equipment is still functional, […]
For those unfamiliar with a Certified Machinery and Equipment Appraisal (CMEA), a fair question is “How much does a CMEA cost?” The best way to answer that question is with another question: “How much for how much?” In other words, the cost of an appraisal depends on the scope and complexity of the appraisal assignment. […]
A lot of real estate appraisal companies are busy doing appraisals for homeowners who want to take advantage of record-low interest rates and refinance. This is likely to continue through 2012 because the Federal Reserve intends to keep long-term interest rates low through the end of this year. But the real estate market still isn’t […]
Lenders, CPAs, attorneys, courts, and others all demand a Certified Appraisal by a Certified Appraiser. If you want to make more money, increase business opportunities, get more auctions, overcome competition, and reduce the risk of liability, then you need to earn the CMEA professional credential. Here are three blog posts that explain more of the […]
It’s no secret that NEBB Institute is a staunch advocate for CMEA training. As a CMEA, you can make more money, increase business opportunities, get more auctions, overcome competition, and reduce the risk of liability. One of the things CMEAs do is prepare qualified equipment appraisal reports. But what are these reports, and what do […]
We’ve talked frequently about how a Certified Machinery Equipment and Appraiser (CMEA) designation can help you. It can add an additional income stream to a real estate appraiser’s business. It can help you become an auctioneer or become involved in auctions. But as a CMEA, who will turn to you for your help and expertise? […]
The New Year is a time to look forward to change for the better. We all make resolutions that most likely won’t be kept. But here’s a resolution you can keep: Add the certified machinery and equipment appraiser (CMEA) designation to your title. You can excel in 2012 by simply doing what others did in […]
As 2011 comes to a close, we can look back at an eventful year for NEBB Institute. We offered multiple CMEA training sessions, helping machinery and equipment appraisers attain their CMEA designation. (And there’s still time to sign up for the first training sessions of 2012, January 26 and 27!) We forged an alliance with […]
The new year is almost upon us, and you may be considering incorporating your business in 2012. When making this decision, you’ll have to determine whether you’ll classify your business as a C corporation or an S corporation, which may also be known as a subchapter S corporation. The way you classify your corporation will […]
A few months back, we wrote about our exciting partnership with the Florida Auctioneer Academy. So far, we’ve had a great response! Auctioneers and appraisers who have earned the professional credential of Certified Machinery and Equipment Appraiser (CMEA) report a significant increase in their business. Many of your colleagues have found out that Certified Machinery and […]
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