When it comes to a Certified Machinery and Equipment Appraisal (CMEA), it’s genuinely surprising to find a business owner who will ask “How much will it cost?” Before we address why that’s such a surprising question, let’s answer it. The cost of an appraisal depends on the scope and complexity of the appraisal assignment. In […]
Is there much variation in appraisal rules from one state to another? Not really. A piece of machinery or equipment appraised in a west coast state would be treated (and likely valued) the same as a piece of equipment appraised in an east coast state. So that answers the question as it relates to the […]
We’ve talked a lot about what those who acquire a CMEA from NEBBI can do with their new designation. They can become an auctioneer or improve their auction business or use it to add another stream of income to a real estate appraisal business. However, it has been a while since we’ve discussed who someone […]
A divorce case in the North Dakota Supreme Court last year highlights the importance of working with a certified appraiser rather than someone who is not certified. The primary issue before the Supreme Court of North Dakota was the value of the husband’s orthodontic practice, in addition to spousal support issues. The court preferred the testimony […]
Membership in the NEBB Institute automatically gives you membership in the International Society of Business Analysts (ISBA). ISBA membership is a fantastic resource to have, in part because of the educational opportunities it provides. The ISBA educational podcasts touch on an array of subjects, including appraising dental equipment, buying your business, fraud research, and driving […]
The certified machinery and equipment appraisal (CMEA) designation has been instrumental for NEBB Institute members in: Increasing bottom-line profitability Increasing business opportunities Gaining professional credibility Reducing the risk of liability To learn more about how you can do this for your business, contact us to receive the CMEA Training Preview Pak, a 15-page comprehensive view […]
You may be surprised at some of the types of professionals who have expanded their service offerings by obtaining a certified machinery and equipment (CMEA) designation from NEBB Institute so they can add machinery and equipment appraisal to their service offerings. Here are some examples of the types of professionals who are adding the CMEA […]
When a Certified Machinery and Equipment Appraiser (CMEA) inspects a cement mixer, office equipment, or something that is ready to use out of the box, he or she uses a set of factors to determine the equipment’s worth. These factors include the original purchase price of the equipment, its depreciation, how much wear and tear […]
While the real estate market is showing some signs of life, a full recovery is still a ways off, and real estate appraisers are feeling the pinch. It’s always a danger when you put all your eggs in one basket, so some real estate appraisers have expanded their service offerings by obtaining a CMEA designation […]
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 […]
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