{"id":12273,"date":"2013-07-10T19:23:51","date_gmt":"2013-07-10T23:23:51","guid":{"rendered":"https:\/\/www.certitrek.com\/nebb\/what-to-do-prior-to-an-appraisal\/"},"modified":"2022-12-20T09:28:43","modified_gmt":"2022-12-20T14:28:43","slug":"what-to-do-prior-to-an-appraisal","status":"publish","type":"post","link":"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/what-to-do-prior-to-an-appraisal\/","title":{"rendered":"What to Do Prior to an Appraisal"},"content":{"rendered":"

When you\u2019re 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. \"NEBBI<\/a>The same holds true when you\u2019re ordering an appraisal of your machinery or equipment. The last thing you want is any surprises when your CMEA hands over his or her report, so before the appraisal, do a little housekeeping so that your appraisal comes in as high as possible.<\/p>\n

Gather Your Documentation.<\/strong> Start off by putting together a comprehensive list of all the machinery and every piece of equipment that you\u2019d like appraised. It will save the appraiser an enormous amount of time, especially if you have a lot of equipment. You should also gather up serial numbers, receipts, repair manifests, and owner\u2019s manuals \u2014 anything to make the appraiser\u2019s job easier. If the task is easy, then the appraiser is happy. And if the appraiser\u2019s happy, \u00a0then everybody\u2019s happy.<\/p>\n

Clean & Repair.<\/strong> This goes back to the home-selling comparison. If your machinery is clean and in good working order, it will appraise better, which will make it easier to insure or sell. It will also demonstrate to the appraiser that you\u2019re both serious and conscientious.<\/p>\n

Know Your Appraiser.<\/strong> Find out beforehand if your appraiser is an experienced certified machinery and equipment appraiser (CMEA)<\/a>. Also familiarize yourself with what the appraiser\u2019s report should look like. Typically, a CMEA\u2019s appraisal report includes pictures, model numbers, serial numbers, and other descriptive information. The equipment value is based on research, the appraiser\u2019s inspection, and contact with manufacturers and suppliers of the equipment. A CMEA\u2019s appraisal will always be performed to standards set by USPAP<\/a>.<\/p>\n

Taking these steps will ensure a smooth and painless appraisal.<\/p>\n

The NEBB Institute<\/a> 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.<\/em><\/p>\n

By: NEBB Institute<\/a><\/em><\/p>\n

photo credit: country_boy_shane<\/a> via photopin<\/a> cc<\/a><\/p>\n<\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"

When you\u2019re 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\u2019re ordering an appraisal of your machinery or equipment. The last thing you want is any surprises when your […]<\/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":[87,272,407,41,408,409,44],"class_list":["post-12273","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-appraisal","tag-appraiser","tag-clean","tag-cmea","tag-documentation","tag-repair","tag-uspap"],"yoast_head":"\nWhat to Do Prior to an Appraisal<\/title>\n<meta name=\"description\" content=\"Find out beforehand if your appraiser is an experienced certified machinery and equipment appraiser (CMEA).\" \/>\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\/what-to-do-prior-to-an-appraisal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" 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