Navigating IRS Regulatory Changes: Insights from the NEBB Webinar
The appraisal industry is on the cusp of significant [...]
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 […]
The Pros and Cons of a Desktop Appraisal
In a perfect world, a certified machinery and equipment appraiser shows up at a business or job site, performs an appraisal with no snags or hiccups, and delivers a detailed and USPAP-compliant report to the client. In the real world, however, there are so many variables that an appraisal almost always has a curveball or […]
Rebuttals and Appraisal Reviews
If you’re not part of the appraisal world, you might not be aware that an appraiser’s word is not necessarily gospel. An appraisal, by its very nature, is supposed to be fair, impartial, and unbiased. But even if it is, that doesn’t mean that everyone’s going to agree with it. Clients who have an appraisal […]
What to Do Prior to an Appraisal
When you’re selling your house, the most important thing to do before you list it is to clean it, make any obvious repairs, and present it in the best possible light. The same holds true when you’re ordering an appraisal of your machinery or equipment. The last thing you want is any surprises when your […]
Small Business Association and Financing
Small businesses are one of the driving forces behind the U.S. economy. Every year, thousands of new businesses open their doors and provide jobs, local wares, and an alternative to big-box stores to local towns. Though not every new business is a success story, the ones that are serve as an inspiration to those who […]
The Client vs. The Intended User
This question comes up with a fair degree of frequency in the machinery and equipment appraisal world. What’s the difference between a client and an intended user? Well, there’s a short answer to that and a long answer. The short answer is that the client is the party that requests the appraisal, and the intended […]
CMEA, MEA, and SBA
Within the machinery and equipment appraisal realm, there are a number of different designations that appraisers can earn. Three of the most common designations are Machinery & Equipment Appraiser (MEA), Certified Machinery & Equipment Appraiser (CMEA), and Senior Business Analyst (SBA). They all sound suitably impressive, but what do they all mean? A CMEA is […]
The Future of Machinery and Equipment Appraisals
The world is moving forward, and whether we like it or not, we must all move forward with it. The image of the appraiser sitting in an office with a desk covered in paperwork and huge file cabinets stuffed with more paperwork is becoming as outdated as the 8-track. Technology is changing everything. Many appraisal […]
Appraisers, Appraisals & You: A Lender’s Guide to USPAP Released by The Appraisal Foundation
The Appraisal Foundation, a national non-profit organization dedicated to the advancement of professional valuation and protecting the public trust, announced that it released, Appraisers, Appraisals & You: A Lender’s Guide to USPAP. The pamphlet was developed for lenders who are working in the loan underwriting process. It provides information to lenders about working with appraisers […]
