{"id":12293,"date":"2013-02-13T21:45:22","date_gmt":"2013-02-14T02:45:22","guid":{"rendered":"https:\/\/www.certitrek.com\/nebb\/the-future-of-machinery-and-equipment-appraisals\/"},"modified":"2022-12-21T06:59:27","modified_gmt":"2022-12-21T11:59:27","slug":"the-future-of-machinery-and-equipment-appraisals","status":"publish","type":"post","link":"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-future-of-machinery-and-equipment-appraisals\/","title":{"rendered":"The Future of Machinery and Equipment Appraisals"},"content":{"rendered":"

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sitting in an office with a desk covered in paperwork and huge file cabinets stuffed with more paperwork is becoming as outdated as the 8-track.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.<\/p>\n

Many appraisal offices are now almost entirely paperless. They\u2019ve stopped mailing printed equipment appraisal reports and now send electronic reports to their clients, whether attorneys, lending institutions, corporations, CPAs, or small businesses. They also send engagement letters electronically; when they receive the signature page, they file it in the client\u2019s electronic folder. Some even scan a copy of the retainer check into that same folder rather than make a paper copy to put in a hard file.<\/p>\n

One of the tricky aspects of this conversion to paperless is USPAP<\/a> compliance \u2014 hard copies of comps and other research are required to be kept in the job file. But there are now apps that allow for saving documents as searchable .pdf files, so when the appraiser hits the print button on a comp, it prints as a searchable .pdf that\u2019s saved into the client electronic file. No more comp piles!<\/p>\n

Of course, there will always be holdouts \u2014 appraisers who are either unable or unwilling to embrace the new technological wonders that abound. But it wasn\u2019t that long ago that folks held on to their cassette tapes as well, steadfastly refusing to purchase CDs. And we all know how that turned out.<\/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<\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"

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 […]<\/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":[40,41,357,358,359,35,360,361,44],"class_list":["post-12293","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-certified-appraisal","tag-cmea","tag-conversion","tag-electronically","tag-future","tag-nebb-institute","tag-paperless","tag-technology","tag-uspap"],"yoast_head":"\nThe Future of Machinery and Equipment Appraisals<\/title>\n<meta name=\"description\" content=\"Appraisers who are either unable or unwilling to embrace the new technological wonders that abound. But it wasn\u2019t that long ago\" \/>\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\/the-future-of-machinery-and-equipment-appraisals\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Future of Machinery and Equipment Appraisals\" \/>\n<meta property=\"og:description\" content=\"Appraisers who are either unable or unwilling to embrace the new technological wonders that abound. But it wasn\u2019t that long ago\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-future-of-machinery-and-equipment-appraisals\/\" \/>\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=\"2013-02-14T02:45:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-21T11:59:27+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\/the-future-of-machinery-and-equipment-appraisals\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-future-of-machinery-and-equipment-appraisals\/\"},\"author\":{\"name\":\"Galo Matagay\",\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/#\/schema\/person\/72d094fab77892483dfa6e061cb27eaa\"},\"headline\":\"The Future of Machinery and Equipment Appraisals\",\"datePublished\":\"2013-02-14T02:45:22+00:00\",\"dateModified\":\"2022-12-21T11:59:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-future-of-machinery-and-equipment-appraisals\/\"},\"wordCount\":562,\"publisher\":{\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/#organization\"},\"keywords\":[\"certified appraisal\",\"CMEA\",\"conversion\",\"electronically\",\"future\",\"NEBB Institute\",\"paperless\",\"technology\",\"USPAP\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-future-of-machinery-and-equipment-appraisals\/\",\"url\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-future-of-machinery-and-equipment-appraisals\/\",\"name\":\"The Future of Machinery and Equipment Appraisals\",\"isPartOf\":{\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/#website\"},\"datePublished\":\"2013-02-14T02:45:22+00:00\",\"dateModified\":\"2022-12-21T11:59:27+00:00\",\"description\":\"Appraisers who are either unable or unwilling to embrace the new technological wonders that abound. But it wasn\u2019t that long ago\",\"breadcrumb\":{\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-future-of-machinery-and-equipment-appraisals\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-future-of-machinery-and-equipment-appraisals\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-future-of-machinery-and-equipment-appraisals\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.certitrek.com\/nebbinstitute\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Future of Machinery and Equipment Appraisals\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/#website\",\"url\":\"https:\/\/www.certitrek.com\/nebbinstitute\/\",\"name\":\"NEBB\",\"description\":\"Certified Machinery and Equipment Appraisal\",\"publisher\":{\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.certitrek.com\/nebbinstitute\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/#organization\",\"name\":\"The National Equipment & Business Builders\",\"url\":\"https:\/\/www.certitrek.com\/nebbinstitute\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.certitrek.com\/nebb\/wp-content\/uploads\/sites\/6\/2021\/04\/nebb_logo_small_color.png\",\"contentUrl\":\"https:\/\/www.certitrek.com\/nebb\/wp-content\/uploads\/sites\/6\/2021\/04\/nebb_logo_small_color.png\",\"width\":134,\"height\":43,\"caption\":\"The National Equipment & Business Builders\"},\"image\":{\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.linkedin.com\/company\/5113183\",\"https:\/\/www.facebook.com\/NextLevelPurchasing\/\",\"https:\/\/twitter.com\/nextlevelpurch\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/#\/schema\/person\/72d094fab77892483dfa6e061cb27eaa\",\"name\":\"Galo Matagay\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/34d4be7be9c43eeb480e7e32739c2f3f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/34d4be7be9c43eeb480e7e32739c2f3f?s=96&d=mm&r=g\",\"caption\":\"Galo Matagay\"},\"description\":\"Lorem ipsum dolor sit amet, consectetur adipiscing elit. Aenean consequat rutrum ipsum quis iaculis. Duis non porta purus, tincidunt tristique mi. Cras eleifend tincidunt mollis. Aliquam egestas velit vitae interdum egestas. Aliquam vel lorem egestas lectus porttitor volutpat nec sit amet enim. Nullam bibendum vestibulum imperdiet.\",\"url\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/author\/galo\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"The Future of Machinery and Equipment Appraisals","description":"Appraisers who are either unable or unwilling to embrace the new technological wonders that abound. But it wasn\u2019t that long ago","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-future-of-machinery-and-equipment-appraisals\/","og_locale":"en_US","og_type":"article","og_title":"The Future of Machinery and Equipment Appraisals","og_description":"Appraisers who are either unable or unwilling to embrace the new technological wonders that abound. But it wasn\u2019t that long ago","og_url":"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-future-of-machinery-and-equipment-appraisals\/","og_site_name":"NEBB","article_publisher":"https:\/\/www.facebook.com\/NextLevelPurchasing\/","article_published_time":"2013-02-14T02:45:22+00:00","article_modified_time":"2022-12-21T11:59:27+00:00","author":"Galo Matagay","twitter_card":"summary_large_image","twitter_creator":"@nextlevelpurch","twitter_site":"@nextlevelpurch","twitter_misc":{"Written by":"Galo Matagay","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-future-of-machinery-and-equipment-appraisals\/#article","isPartOf":{"@id":"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-future-of-machinery-and-equipment-appraisals\/"},"author":{"name":"Galo Matagay","@id":"https:\/\/www.certitrek.com\/nebbinstitute\/#\/schema\/person\/72d094fab77892483dfa6e061cb27eaa"},"headline":"The Future of Machinery and Equipment Appraisals","datePublished":"2013-02-14T02:45:22+00:00","dateModified":"2022-12-21T11:59:27+00:00","mainEntityOfPage":{"@id":"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-future-of-machinery-and-equipment-appraisals\/"},"wordCount":562,"publisher":{"@id":"https:\/\/www.certitrek.com\/nebbinstitute\/#organization"},"keywords":["certified appraisal","CMEA","conversion","electronically","future","NEBB Institute","paperless","technology","USPAP"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-future-of-machinery-and-equipment-appraisals\/","url":"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-future-of-machinery-and-equipment-appraisals\/","name":"The Future of Machinery and Equipment Appraisals","isPartOf":{"@id":"https:\/\/www.certitrek.com\/nebbinstitute\/#website"},"datePublished":"2013-02-14T02:45:22+00:00","dateModified":"2022-12-21T11:59:27+00:00","description":"Appraisers who are either unable or unwilling to embrace the new technological wonders that abound. But it wasn\u2019t that long ago","breadcrumb":{"@id":"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-future-of-machinery-and-equipment-appraisals\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-future-of-machinery-and-equipment-appraisals\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/the-future-of-machinery-and-equipment-appraisals\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.certitrek.com\/nebbinstitute\/"},{"@type":"ListItem","position":2,"name":"The Future of Machinery and Equipment Appraisals"}]},{"@type":"WebSite","@id":"https:\/\/www.certitrek.com\/nebbinstitute\/#website","url":"https:\/\/www.certitrek.com\/nebbinstitute\/","name":"NEBB","description":"Certified Machinery and Equipment Appraisal","publisher":{"@id":"https:\/\/www.certitrek.com\/nebbinstitute\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.certitrek.com\/nebbinstitute\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.certitrek.com\/nebbinstitute\/#organization","name":"The National Equipment & Business Builders","url":"https:\/\/www.certitrek.com\/nebbinstitute\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.certitrek.com\/nebbinstitute\/#\/schema\/logo\/image\/","url":"https:\/\/www.certitrek.com\/nebb\/wp-content\/uploads\/sites\/6\/2021\/04\/nebb_logo_small_color.png","contentUrl":"https:\/\/www.certitrek.com\/nebb\/wp-content\/uploads\/sites\/6\/2021\/04\/nebb_logo_small_color.png","width":134,"height":43,"caption":"The National Equipment & Business Builders"},"image":{"@id":"https:\/\/www.certitrek.com\/nebbinstitute\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.linkedin.com\/company\/5113183","https:\/\/www.facebook.com\/NextLevelPurchasing\/","https:\/\/twitter.com\/nextlevelpurch"]},{"@type":"Person","@id":"https:\/\/www.certitrek.com\/nebbinstitute\/#\/schema\/person\/72d094fab77892483dfa6e061cb27eaa","name":"Galo Matagay","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.certitrek.com\/nebbinstitute\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/34d4be7be9c43eeb480e7e32739c2f3f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/34d4be7be9c43eeb480e7e32739c2f3f?s=96&d=mm&r=g","caption":"Galo Matagay"},"description":"Lorem ipsum dolor sit amet, consectetur adipiscing elit. Aenean consequat rutrum ipsum quis iaculis. Duis non porta purus, tincidunt tristique mi. Cras eleifend tincidunt mollis. Aliquam egestas velit vitae interdum egestas. Aliquam vel lorem egestas lectus porttitor volutpat nec sit amet enim. Nullam bibendum vestibulum imperdiet.","url":"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/author\/galo\/"}]}},"acf":[],"_links":{"self":[{"href":"https:\/\/www.certitrek.com\/nebbinstitute\/wp-json\/wp\/v2\/posts\/12293"}],"collection":[{"href":"https:\/\/www.certitrek.com\/nebbinstitute\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.certitrek.com\/nebbinstitute\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.certitrek.com\/nebbinstitute\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.certitrek.com\/nebbinstitute\/wp-json\/wp\/v2\/comments?post=12293"}],"version-history":[{"count":2,"href":"https:\/\/www.certitrek.com\/nebbinstitute\/wp-json\/wp\/v2\/posts\/12293\/revisions"}],"predecessor-version":[{"id":17081,"href":"https:\/\/www.certitrek.com\/nebbinstitute\/wp-json\/wp\/v2\/posts\/12293\/revisions\/17081"}],"wp:attachment":[{"href":"https:\/\/www.certitrek.com\/nebbinstitute\/wp-json\/wp\/v2\/media?parent=12293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.certitrek.com\/nebbinstitute\/wp-json\/wp\/v2\/categories?post=12293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.certitrek.com\/nebbinstitute\/wp-json\/wp\/v2\/tags?post=12293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}