Types of Appraisals

Complete On-Site Appraisal

EMA will come to your place of business to examine the equipment, gather the necessary information and take detailed pictures. This information is then taken back to our office for valuation and creation of a complete, detailed appraisal report.

Do you have equipment at several locations and jobsites? EMA can travel to each location, eliminating the need for you to relocate your equipment for appraisal purposes. This allows you to keep your equipment at their designated job sites, generating income.

Keep in mind, because of the complexity of a complete – on site appraisal, it will take a little more time to complete because of the travel and data collection involved.

Preparing the Asset / Data Collection List for an On-Site Equipment Appraisal:

An on-site equipment list should include:

List of equipment to be appraised (make, model, year)
Location of Items if not onsite
Item Tag / Internal Asset Number
Remember: More information is Better

Desk Top Appraisal

Desk Top Equipment / Machinery Appraisals are very common, and will generally provide you with the same equipment values as you would have received with an onsite appraisal. The primary difference is that you, as the client or company, send over the necessary data on the equipment or machinery. The Desk-Top Appraisal specifically states that the data was collected by you or a representative from your company, and the appraiser has not physically seen the equipment. Our Desktop Equipment Appraisals are defensible and substantiated. They are often used by Banks, Accountants, the IRS, the SBA, the USDA, and many other agencies that need a certified appraisal for equipment or machinery valuations.

Key benefits of a Desk Top Appraisal:

Lower Cost / (No Appraiser Travel Costs or Onsite Inspection Costs)
You Collect the Data / (Who knows your Equipment better than You)
Faster Turnaround / (You won’t have to sync up schedules with an Appraiser)

Preparing the Asset / Data Collection List for a Desktop Equipment Appraisal:

The first part of any equipment / machinery appraisal is making sure your asset / machinery / equipment list is up to date and as complete as possible.

A Desk Top equipment list should include:

General Item / Property Name – Example: Bulldozer, Computer, Type of Machinery, etc.
Location of Item if it is not on-site
Make of Item – Caterpillar, Dell, Etc.
Model of Item – Example: D-11, Inspirion M17, Etc.
Year of Item – Year the Equipment was Manufactured
Serial Number / Vin
Mileage / hours of equipment
Year of Purchase
Cost to Purchase
Item Tag / Internal Asset Number (If Applicable put into the Type / # Column)
Remember: More information is Better