{"id":12296,"date":"2013-01-23T23:04:27","date_gmt":"2013-01-24T04:04:27","guid":{"rendered":"https:\/\/www.certitrek.com\/nebb\/pay-an-appraiser-now-or-pay-the-consequences-later\/"},"modified":"2022-12-21T07:03:06","modified_gmt":"2022-12-21T12:03:06","slug":"pay-an-appraiser-now-or-pay-the-consequences-later","status":"publish","type":"post","link":"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/pay-an-appraiser-now-or-pay-the-consequences-later\/","title":{"rendered":"Pay an Appraiser Now or Pay the Consequences Later"},"content":{"rendered":"
When it comes to a Certified Machinery and Equipment Appraisal<\/a> (CMEA), it\u2019s genuinely surprising to find a business owner who will ask \u201cHow much will it cost?\u201d Before we address why that\u2019s such a surprising question, let\u2019s answer it. The cost of an appraisal depends on the scope and complexity of the appraisal assignment.<\/p>\n In order to get a rough idea of the scope and complexity of an appraisal<\/a>, here are some factors to consider:<\/p>\n Number of assets<\/strong>: How many individual units need to be appraised? Is there only one or are there several hundred? \u201cHow much will it cost?\u201d is a surprising question because irrespective of the price, the cost of not having one done can be immeasurable<\/a>. So it costs what it costs. If you need an appraisal, contact NEBBI<\/a> today!<\/p>\n
\nTime<\/strong>: How much time will it take the appraiser to complete the assignment? An appraisal can be quick and simple, or it could take an entire day or even several days. Time is valuable.
\nTravel<\/strong>: Will the appraiser have a short drive to the site of the appraisal, or will it require significant drive time or even air travel? These costs are difficult to calculate, given the ever-changing cost of gasoline and plane tickets.
\nResearch<\/strong>: How easy will it be for the appraiser to find comparable machinery and equipment (comps) once the initial appraisal is done? An experienced appraiser will usually be able to properly estimate the time required and include it in his or her cost proposal.<\/p>\n