Asset Appraisal requires no special license but you certainly DO want a Certified Appraiser.  And to be Certified is no small thing.  (See below)

What do we mean by “asset appraisal” ?  Well, simply we mean everything that is not real estate or “intangible”.  Assets are real and you can touch them, pick them up, and carry them away.

You can remove a layer of dirt and you can move a building, but the real estate is still there.  Google map may show a hole in the ground when a business used to be, but that hole in the ground has a legal length and width and is still on a plat map somewhere.

Goodwill is the most obvious non-asset asset. To NOT value goodwill when selling a business would be to ignore a major component of value.  To separate these two concepts we have and will use the term, “Business Valuation” for appraising a business and including goodwill and other intangibles to arrive a Fair Market Value.  Business Valuations must include the asset values, of course.  If you are selling a Tractor dealership, for instance, you have to have the asset value of all the tractors and equipment that the business owns.  (It can get a little tricky when you deal with “floor plans”).  To this we add the value of the land and building, if the real estate is included in the offering.  This requires a particular kind of appraisal and must be performed by a licensed real estate appraiser.  The total of the asset value and real estate is added the goodwill and other intangible values.  That calculation can be simple or complex.  It depends on what you need it for and what the items are that are involved.

90-95% of all asset appraisals are in fact M&E appraisals.  The most valued assets are generally the more expensive equipment and machinery.  Inventory, Furniture, Shops Tools, these are all assets too and must be counted.  For example, when we appraised a failed bank, there was very little high-end machinery, but a plethora of desks and chairs and computers and office items.  Except for the vault or ATM, most of these items are under $500-$1,000.  Yet, there are so many items, the total may be over a million dollars.  It may in fact take an entire room full of office items to equal one typical M&E item.  Thus the cost of asset appraisal must be bid and tailored to the exact circumstance.

If you need an Asset Appraisal, you have come to the right place!

We have appraised over 300 failed banks and millions of dollars of smaller items, medium sized items and many hundreds of large individual asset items.