{"id":12232,"date":"2014-05-14T00:37:49","date_gmt":"2014-05-14T04:37:49","guid":{"rendered":"https:\/\/www.certitrek.com\/nebb\/if-you-think-the-price-of-an-item-is-its-value-think-again\/"},"modified":"2022-12-01T04:41:41","modified_gmt":"2022-12-01T09:41:41","slug":"if-you-think-the-price-of-an-item-is-its-value-think-again","status":"publish","type":"post","link":"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/if-you-think-the-price-of-an-item-is-its-value-think-again\/","title":{"rendered":"If You Think The Price Of An Item Is Its Value, Think Again!"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start\" style=\"max-width:1144px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\"><p>If you ask a <a href=\"https:\/\/nebbinstitute.wordpress.com\/2010\/05\/12\/getting-a-cmea-designation\/\">CMEA<\/a> to appraise your piece of equipment or machinery, you\u2019ll eventually receive a statement of their belief about the value of the piece appraised. The value comes from a variety of factors, such as how old the equipment is and how well its been kept up. Value has a huge range because there are so many variables that come into play.<\/p>\n<p>So if you know the value of your equipment, you know a fair selling price, right? Wrong.<\/p>\n<p>A piece of equipment may be indispensable to one company, but may be completely useless to another. One company might be willing to pay a large amount for a piece of equipment, no matter its condition or age, because it could improve their process in some way that allows them to be a better company. Still another company might offer a lower price for that same piece of equipment because although it may make things a little easier, it won\u2019t do much to change the company as a whole.<\/p>\n<p>Despite these variables, an<a href=\"https:\/\/nebbinstitute.wordpress.com\/2012\/01\/18\/so-whats-in-a-cmeas-appraisal-report-anyway\/\">appraisal report<\/a> is still important. It is written proof of your asset\u2019s value. It gives you a good starting place when you want to sell your equipment. And if a potential buyer asks about your price point, you can justify your price by providing a professional\u2019s opinion.<\/p>\n<p><i>The<\/i><a href=\"http:\/\/www.nebbinstitute.org\/\"><i> NEBB Institute<\/i><\/a><i> endorses and strives to observe the highest standards of professional ethics to preserve the public trust inherent in the professional appraisal practice. The Institute provides initial and monthly comprehensive education, ongoing support, and a dynamic international network, and certifies professionals in the art of machinery\/equipment appraisal and brokerage.<\/i><\/p>\n<p><i>By:<\/i><a href=\"https:\/\/www.certitrek.com\/nebb\/\"><i>NEBB Institute<\/i><\/a><\/p>\n<\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>If you ask a CMEA to appraise your piece of equipment or machinery, you\u2019ll eventually receive a statement of their belief about the value of the piece appraised. The value comes from a variety of factors, such as how old the equipment is and how well its been kept up. Value has a huge range [&#8230;]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12232","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.4 (Yoast SEO v19.13) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>If You Think The Price Of An Item Is Its Value, Think Again!<\/title>\n<meta name=\"description\" content=\"A piece of equipment may be indispensable to one company but may be completely useless to another. The value comes from a variety of factors\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/if-you-think-the-price-of-an-item-is-its-value-think-again\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"If You Think The Price Of An Item Is Its Value, Think Again!\" \/>\n<meta property=\"og:description\" content=\"A piece of equipment may be indispensable to one company but may be completely useless to another. The value comes from a variety of factors\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/if-you-think-the-price-of-an-item-is-its-value-think-again\/\" \/>\n<meta property=\"og:site_name\" content=\"NEBB\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/NextLevelPurchasing\/\" \/>\n<meta property=\"article:published_time\" content=\"2014-05-14T04:37:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-01T09:41:41+00:00\" \/>\n<meta name=\"author\" content=\"Galo Matagay\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@nextlevelpurch\" \/>\n<meta name=\"twitter:site\" content=\"@nextlevelpurch\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Galo Matagay\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/if-you-think-the-price-of-an-item-is-its-value-think-again\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/if-you-think-the-price-of-an-item-is-its-value-think-again\/\"},\"author\":{\"name\":\"Galo Matagay\",\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/#\/schema\/person\/72d094fab77892483dfa6e061cb27eaa\"},\"headline\":\"If You Think The Price Of An Item Is Its Value, Think Again!\",\"datePublished\":\"2014-05-14T04:37:49+00:00\",\"dateModified\":\"2022-12-01T09:41:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/if-you-think-the-price-of-an-item-is-its-value-think-again\/\"},\"wordCount\":537,\"publisher\":{\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/if-you-think-the-price-of-an-item-is-its-value-think-again\/\",\"url\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/if-you-think-the-price-of-an-item-is-its-value-think-again\/\",\"name\":\"If You Think The Price Of An Item Is Its Value, Think Again!\",\"isPartOf\":{\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/#website\"},\"datePublished\":\"2014-05-14T04:37:49+00:00\",\"dateModified\":\"2022-12-01T09:41:41+00:00\",\"description\":\"A piece of equipment may be indispensable to one company but may be completely useless to another. 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