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Why Business Owners Need a CMEA
At some point in every business owner’s career, he or she needs to know how much his or her machinery and equipment are really worth. But determining that value is something best left to the professionals. Why? Because the report that states the value can end up in the hands of a lot of entities […]
Why Do Lenders Need a CMEA?
Over the past couple of years, bankers and lenders have been actively seeking new ways to reduce their liability when making loans. Often, lenders are asked to make a lending decision that involves knowing the value of a piece of machinery or equipment, and one of the best ways they can protect themselves is by […]
Reduce the Risk of Liability, Expand Your Business
Approximately 400 NEBB Institute members worldwide have found that the CMEA professional designation increased their bottom-line profitability just by adding the CMEA designation to their businesses, as we discussed in our post, Real Estate Appraisers Expand Services by Offering Certified Machinery and Equipment Appraisals. And joining NEBB Institute can help you to further reduce the […]
Code of Ethics
Like most industries, the machinery and equipment appraisal business operates under a code of ethics, a set of rules that governs the practices of anyone involved in the profession. The National Equipment & Business Builders Institute (NEBBI), however, felt that the industry standards weren’t strong enough, and came up with its own code of ethics, […]
What Is USPAP?
Last week, in our post titled “Getting a CMEA Designation,” we said that appraisers who become certified through the NEBB Institute must promise to adhere to the ethical standards of the Uniform Standards of Professional Appraisal Practice (USPAP). USPAP is a quality control document that was first written in the late 1980s by The Appraisal […]
Getting a CMEA Designation
Last week, in our post titled “Real Estate Appraisers Expand Services by Offering Certified Machinery and Equipment Appraisals,” we discussed the success some real estate appraisers have experienced by adding machinery and equipment appraisal services to their list of offerings. If you’re a real estate appraiser and would like to expand your service offerings by […]
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