M&E Appraisal Associates, Inc. (“M&EAA”) is experienced and knowledgeable in the provision of desktop equipment appraisals. The following are frequently asked questions regarding the desktop approach for appraisaing machinery & equipment.

What is a desktop machinery & equipment appraisal? A desktop appraisal is a method of analysis which identifies and values the subject machinery & equipment without the benefit of inspection. The appraiser typically relies on information provided by the subject company as the basis for analysis and reporting. By definition, a desktop appraisal may not contain the detail and content that would be normally included in a standard appraisal.

What are the advantages of a desktop appraisal? A desktop appraisal is typically less costly than a standard appraisal. In many cases, the subject machinery & equipment may be sited at multiple locations or be in transit. Under these circumstances it may not be feasible from a cost perspective to inspect the subject machinery & equipment.

When should a desktop appraisal be considered? This determination should be made by the intended user of the appraisal. If the intended user is satisfied that the reporting of the subject items is accurate, then a desktop approach could be a viable appraisal alternative. It is ultimately the responsibility of the appraiser to determine that the information provided is sufficient in order to accurately identify the subject items for the purpose of developing credible appraisal results.

What general information is needed in order to contemplate a desktop appraisal? Any information that can be provided to assist the appraiser in accurately identifying the subject items is advantageous to the desktop process. Requisite information can include, but is not limited to the type of equipment, make, model, serial number, vehicle identification number, original year of manufacture, date of acquisition, size, capacity, hours, mileage, date and costs of rebuilds, and general opinion of condition.

What are the best types of machinery & equipment to appraise under the desktop approach? The desktop approach is most viable for machinery & equipment that is considered to be industry standard (non proprietary) with readily identifiable manufacturer, model, serial number/vehicle identification number, and original date of manufacture. These classifications of machinery & equipment include but are not limited to vehicles, trucks & trailers, construction equipment, machine tools, and medical equipment.

Gregory F. Feinsinger, CMEA, is the president of M&EAA. Greg is a certified machinery & equipment appraiser, and has over 25 years of machinery & equipment appraisal, inventory appraisal, and medical equipment appraisal experience.

All desktop machinery & equipment appraisals are completed in conformance with the Uniform Standards of Professional Appraisal Practice (USPAP) as promulgated by the Appraisal Foundation.

To discuss the specifics of your prospective desktop machinery & equipment appraisal, desktop inventory appraisal, or desktop medical equipment appraisal, please call us at (844) VALUEME (825-8363).