Commercial Machinery & Equipment Appraisals
We are often asked to appraise machinery, inventory & equipment in a variety of industries. The professionals at AJ Willner Auctions draw on their decades of experience liquidating business assets. At the request of commercial lenders, attorneys and other fiduciaries we can meticulously inventory and evaluate assets in accordance with USPAP standards.
On-Site Appraisal Report
An appraisal report is typically utilized for estimating the value of machinery and equipment for lenders, CPAs, attorneys, or business owners. On-site inspection details are included in the appraisal report. This USPAP compliant report expresses value as a single number for each tangible asset valued and the aggregate is reported as a single value encompassing all of the equipment.
Desktop Appraisal Report
A desktop appraisal report is typically used to determine value without the expense of an on-site inspection and detailed analysis of the condition of the machinery or equipment. Pictures and a brief description of the machinery or equipment are sent to us by you and we provide a value based on this information.
Types of Asset Valuations
Once we understand the purpose and function of the appraisal, we can offer one of several different types of asset valuation. The American Society of Appraisers defines the most common types of valuation below.
Forced Sale Value
An opinion of the gross amount, expressed in terms of money, that typically could be realized from a properly advertised and conducted public auction, with the seller being compelled to sell with a sense of immediacy on an as-is, where-is basis, as of a specific date.
Orderly Liquidation Value
An opinion of the gross amount, expressed in terms of money, that typically could be realized from a liquidation sale, given a reasonable period of time to find a purchaser (or purchasers), with the seller being compelled to sell on an as-is, where-is basis, as of a specific date.
Liquidation Value In-Place
An opinion of the gross amount, expressed in terms of money that typically could be realized from a properly advertised transaction, with the seller being compelled to sell, as of a specific date, for a failed, non-operating facility, assuming that the entire facility is sold intact.