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

USPAP Compliant, Competent & Certified
We are USPAP (Uniform Standards of Professional Appraisal Practice) compliant, competent and certified.  Team members have taken machinery & equipment appraisal courses through recognized organizations including the Amercian Society of Appraisers and other international recognized organizations.  Various team members hold certifications from recognized professional organization such as the Certified Appraisers Guild of America.  Team member have developed competency in the property type they analyze & service provided.  All reports are certified by an accredited individual.

The education and experience of team members exceeds the voluntary "Appraiser Minimum Qualification Criteria" adopted 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, reports are completed in accordance with these guidelines.  We are required to re-certify in USPAP content on a periodic schedule.

Qualifications of Principal
The principal of Schreiner Valuation Resources LLC is Bill Schreiner.  Mr. Schreiner has over twenty-eight (28) years of diverse experience in the appraisal, valuation, and consulting professions.  His machinery & equipment appraisal experience to date includes valuation of entire plants and individual assets from numerous industries.  A brief listing of his qualifications are noted below.  A more detailed CV is available upon request.

Bill Schreiner

Qualifications of Key Associate
Mr. Schreiner' key associate in the commercial & industrial personal property appraisal section of my practice is Frederick Gulmire.  Mr. Gulmire undertakes and assist in various types of appraisal & valuation consulting assignments.  A brief listing of his qualifications are noted below.  A more detailed CV is available upon request.

Frederick Gulmire
●  ASCA Certified Member Designation in the personal property discipline from the Auctioneers Society of Certified Appraisers.

●  Auctioneer License from the State of Indiana Professional Licensing Agency.

●  Certified Real Estate Appraiser License from the State of Indiana Professional Licensing Agency.

●  Real Estate Sales License from the State of Indiana Professional Licensing Agency.
●  Bachelor of Science Degree From Ball State University.

Qualifications of Other Associates
Additional associates located through-out the United States are brought in on a case-by-case basis for specific assignment requirements.  These associates include; designated machinery & equipment appraisers, designated personal property appraisers, and field service & inventory specialists.  Detailed CVs will be provided on any other associates attached to a particular assignment.

Client Confidentiality
Clients are always concerned with the confidentiality of their records and assignment results. As accredited  appraisers and members of various professional organizations, weare 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 and the contents of reports subject to legal or administrative processes or proceedings.

Appraisal Methodology
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 utilized 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.  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 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.  In this type of analysis the appraiser relies 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 the appraiser's office.

A "field appraisal" involves an inspection of the subject assets.  In this type of analysis the appraisers gathers data in the field and reconciles it with the client supplied information.  This type of analysis is much more detailed in scope, given the field inspection component.

There are two (2) basic types of written appraisal reports produced for machinery & equipment appraisal assignments.   These include the following; 1) the "restricted appraisal report" narrative, 2) the "appraisal report" narrative.

Fees & Timing
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 ($1,200 to $2,500).

● Medium sized shops, companies & plants ($1,800 to $4,000).

● Large sized plants & companies ($3,500 to $15,000).

Business Personal Property Assignments

● FF&E for small sized offices, shops & companies ($850 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.  A solid fee & timing quote can be provided with some basic information about the appraisal assignment and asset pool to be valued.

Disabled American Veteran Owned - Schreiner Valuation Resources (SVR) is a Disabled American Veteran owned business.  Bill Schreiner, who owns 100% of Schreiner Valuation Resources is; 1) an Honorably Discharged Veteran of the United States Marine Corps, 2) has a Service Connected Disability rating from the Department of Veterans Affairs (VA), 3) is a member of the Disabled American Veterans (DAV) organization, and 4) is a member of the National Veteran Owned Business Association (NaVOBA).

Schreiner Valuation Resources, LLC

Services Available Statewide in Indiana - Machinery & equipment appraisals available in Indianapolis, Fort Wayne, Evansville, South Bend, Gary, Hammond, Bloomington, Bedford, Nashville, Muncie, Anderson, Terre Haute, Lafayette, Elkhart, Mishawaka, Kokomo, Richmond, Columbus, Fishers, Carmel, New Albany, Greenwood, Plainfield, Portage, Michigan City, East Chicago, Marion, Merrillville, Goshen, West Lafayette, Noblesville, Granger, Valparaiso, Jeffersonville, Hobart, Schererville, Highland, La Porte, Munster, Clarksville, Crown Point, Logansport, Franklin, Valparaiso, Vincennes, Plainfield, Seymour, Shelbyville, New Castle, Huntington, Griffith, Frankfort, Connersville, and Lawrenceburg.