Just say “No!” to a Non-Certified Appraiser

Why?  It’s not always just a lack of requisite knowledge or expertise.  Many non certified persons have a great deal of industry experience and frankly, we ourselves consult with them ourselves from time to time!  The problem is that a machinery and equipment dealers or auctioneers may have a hidden agenda.   Worse yet, their opinions don’t hold weight if put to the legal test (See USPAP)   You see 99% of these individuals are not certified or trained in providing USPAP compliant appraisal reports. If the appraisal report you obtain is not USPAP compliant it is not a “qualified” appraisal prepared by a “qualified” appraiser pursuant to the Council of Foundations, IRS, or others.

The Uniform Standards of Professional Appraisal Practice (USPAP) are the generally accepted standards for professional appraisal practice in North America. USPAP contains standards for all types of appraisal services. Standards are included for real estate, personal property, business and mass appraisal.