We're glad that you're here. Within the pages of the website, you'll discover our exclusive 4 Prong Approach and how the Institute of Equipment Valuation (IEV) can meet your specific objectives. We have not included pages and pages of information because we welcome the opportunity to speak with you directly about us and how we can help.
Now, let's get into the nuts and bolts as to why you're here. At IEV, we have instituted our exclusive 4 Prong Approach which is your key to achieve success. What does IEV focus on? Here are the areas we focus upon:
It's important for you to know that frequently we receive calls from lenders, CPAs, attorneys, business owners and others who are in need of an equipment appraisal. ECA's who have passed rigourous training and testing to earn the credential have successfully added equipment appraisal to their primary business because it is the perfect compliment. This provides the professional with a well rounded skill set to achieve a defensible estimate of value backed by skills, knowledge, and outstanding credentials. Soon you will be able to locate professionals under a specific section for Business Valuation, Real Estate, Mergers/Acquistions, and Auctioneers on this website.
Whether you're a business owner, lender, CPA, attorney, auctioneer, real estate or business valuation professional, you know that machinery and equipment has value. Oftentimes, the professional may overlook the importance of the equipment value. When the value is not based on appraisal methodology and backed by credible research and data, an inaccurate or skewed value may be delivered putting those that accept the value at risk of liability. Have you ever valued equipment using one of these techniques?
At last you no longer need to run the risk of liability when you rely on one of the top three value pitffuls set forth above. You can relax and rest assured with a level of comfort when you rely on a value that is backed by data, research, appraisal methodology and reporting that is a defensible estimate of value that withstands scrutiny. That's why relying on a Certified Equipment Appraisal by an Equipment Certified Appraiser (ECA) is your best and only bet. Let us prove it to you today!
Great question and we're glad that you asked! After all, sometimes terms can be confusing and we want to provide you with the information you need.
The Answer Is: There is no difference at all between the two terms! Both terms are used depending on the area of the country you're in. The most important aspect to remember is that both an equipment appraisal and an equipment valuation are the same and both deliver an estimate of equipment value that is defensible and withstands scrutiny. Essentially, the terms reflect upon how you choose to refer to a Certified Equipment Report. Both the terms by an ECA refer to a USPAP compliant report.
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