Always use a Machinery & Equipment Appraiser who has experience buying and selling equipment
As a Certified Equipment Appraiser and the President of the Association of Machinery and Equipment Appraisers, I would like to take a moment to discuss the importance of having experience in buying and selling machinery when it comes to credibility in the field of machinery appraisal.
When it comes to determining the value of industrial machinery and equipment, having experience in buying and selling machines is a valuable asset. This experience allows appraisers to understand the market conditions and trends that affect the value of the equipment. Appraisers with buying and selling experience have a deeper understanding of the factors that can impact the value of a piece of machinery, such as its age, condition, and the availability of similar equipment in the market.
Furthermore, having experience in buying and selling machines also allows appraisers to understand the various sales channels that are available for disposing of equipment. This includes understanding the differences between an auction, private treaty sale, or online sales, and how these channels can impact the value of the equipment.
Appraisers with buying and selling experience can also understand the nuances of the equipment that may not be obvious to others. They know how to assess the condition of the equipment, and can identify issues that may affect its value, and have the ability to understand the maintenance history of the equipment.
Having experience in buying and selling machines adds credibility to the field of machinery appraisal. It allows appraisers to provide more accurate and reliable evaluations of industrial equipment, as they have a deeper understanding of the market conditions and the factors that affect the value of the equipment.
At Machinesused.com, our Certified Equipment Appraisers have buying and selling experience and to continue to educate themselves on market conditions, trends, and best practices to be able to provide accurate and unbiased evaluations. And we always advise our clients to work with appraisers who have such experience.