We provide appraisals of various types of machinery & equipment. Industries covered include.

Manufacturing

● Metalworking
● Woodworking
● Plastics

Industrial

● Construction
● Agricultural
● Sanitation

Technical

● Medical
● Dental
● Research

Logistics

● Trucking
● Shipping
● Distribution

We also provide appraisals of various types of business personal property.  Asset types valued include.

● General Office FF&E
● Professional Practice FF&E

● Restaurant & Bar FF&E

Appraisals of machinery & equipment and business personal property are ordered for a variety of reasons. Some of these situations may include.

Depending upon the situation surrounding the need for the appraisal. The value concept researched and estimated may be one of the following.

● Fair Value
● Fair Market Value
● Fair Market Value-Installed
● Fair Market Value-Removal
● Fair Market Value in Continued Use
● Liquidation Value in Place
● Orderly Liquidation Value
● Forced Liquidation Value
● Salvage Value
● Scrap Value

In the appraisal of commercial & industrial personal property (machinery, equipment & business assets) there are three (3) generally accepted approaches to value (market, cost & income approaches).  Two (2) of which are widely utilized (market & cost), with the third (income) being used in special circumstances.

The most widely used and accepted approach is the market approach.  This approach considers prices recently paid (or currently asked) for similar items with adjustments made to indicated market prices to reflect certain conditions of the comparables in contrast to the subject items.  This approach is appropriately employed when valuing assets which are commonly bought and sold in arm's length transactions.

The second most widely accepted approach is the cost approach.  This approach is utilized when valuing assets not commonly traded.  In such situations, the cost approach is generally the only reliable approach to value.  Under this approach, the cost to reproduce or replace the assets in question is considered.  From this amount, an allowance is deducted for the total loss in value, as of the effective date of valuation, due to any depreciation or obsolescence present, whether arising from physical, functional or economic causes.

The least utilized approach to value for machinery & equipment is the income approach.  This approach is applicable when an income & expense stream can be identified (and isolated) for the subject asset or grouping of assets.  This approach considers the value of an asset or grouping of assets in relation to present value of the future economic benefits derived from ownership.  This is normally measured by capitalizing the future benefits into an indication of value.

Depending upon the situation surrounding a valuation and the data available.  We will help you sort through this methodology to a clear understanding of the value to be estimated and the approaches to be applied.

The types of data we utilize in the performance of machinery & equipment and business personal property appraisals vary widely depending upon the specific appraisal problem.  These sources include the following.

● Prices recently paid for similar items.

● Current listing prices for similar items.

● Recent auction results.

● Published price guides.

● Catalog prices.

● Dealer quotes.

We subscribe to numerous print media and online databases for new and used pricing information.  Our resources for this data are always expanding, given the reach of the information age.  This all goes together to form a solid basket of market information to form the basis of estimated values.  Each of our written reports will list the specific references for the engagement that were relied upon for pricing information.

There are two (2) basic types of appraisals performed for machinery & equipment.  These include "desktop appraisals" and "field appraisals".

A "desktop appraisal" does not require a physical inspection of the subject assets by us.  We rely upon listing and illustrative information supplied by the client to identify the assets to be appraised.  The appraisal analysis and report are performed "at a distance" from our office.

A "field appraisal" involves an inspection of the subject assets by us.  We gather data in the field and reconcile it with the client supplied information.  This type of analysis is much more detailed in scope, given the field inspection component.

As for written report types, the two (2) most commonly utilized formats are the "restricted use" format and the "summary format".  The restricted use format is rather light in discussion of the analysis and is intended for "internal use" by the client (only).  The summary format contains discussions of the analysis undertaken and is appropriate when parties other than the client will need to review the report.

Typical fees for assignments can range widely dependent upon the scope of the analysis and type of report agreed upon with the client.  An indication of typical fee ranges in noted as follows.

Machinery & Equipment Assignments

● Small sized shops & companies ($750 to $1,500).

● Medium sized shops, companies & plants ($1,500 to $3,000).

● Large sized plants & companies ($3,000 to $15,000).

Business Personal Property Assignments

● FF&E for small sized offices, shops & companies ($750 to $1,200).

● FF&E for medium sized offices, shops & companies ($1,200 to $2,500).

● FF&E for large sized offices, shops  & companies ($2,500 to $5,000).

Timing for completion of assignments can range from a few days to a month, dependent upon the size & complexity of the engagement.  We can provide a solid fee & timing quote with some basic information about the appraisal assignment and asset pool to be valued.

USPAP Certified & Competent
Our professionals are USPAP (Uniform Standards of Professional Appraisal Practice) certified and experienced in their respective areas of specialization.  Each team member has developed competency in the property type they analyze & service provided.  All reports are certified by an accredited individual.

The education and experience of our team members exceeds the voluntary "Appraiser Minimum Qualification Criteria" adopted on July 30th of 1998 by the Appraiser Qualifications Board (AQB) of The Appraisal Foundation for each respective area of practice.  Since we are USPAP (Uniform Standards of Professional Appraisal Practice) certified, our reports are completed in accordance with these guidelines.  We are required to re-certify in USPAP content on a periodic schedule.

Client Confidentiality
Clients are always concerned with the confidentiality of their records and assignment results. As accredited  appraisers and members of various professional organizations, we are bound by the confidentiality clause of the Uniform Standards of Professional Appraisal Practice (USPAP).  USPAP requires that we maintain the confidentiality of all conversations, documents provided to us and the contents of our reports subject to legal or administrative processes or proceedings.

Service Connected Disabled Veteran Owned Business - Schreiner Valuation Resources is a Service Connected Disabled Veteran Owned Business as noted within the US Government's Central Contractor Registration database (www.bpn.gov/ccr) under DUNS number 831393561.