Archive for Appraisers

Chris Rials MCMEA SBA

Chris-Rials MCMEA SBA
Chris Rials, MCMEA, SBA
Director of Expert Equipment Appraisal
Master Certified Machinery and Equipment Appraiser
Senior Business Analyst

Master Certified Equipment Appraiser (MCMEA), Senior Business Analyst (SBA).

Chris Rials currently owns Expert Equipment Appraisal, which performs a wide array of Machinery and Equipment Appraisals and Business Valuations throughout the state of Texas, with a primary focus on the Dallas/ Fort Worth area.

Mr. Rials has over seven years of business management experience.  He is a Nationally Master Certified Machinery and Equipment Appraiser (MCMEA), and also holds the designation of Senior Business Analyst (SBA), by the International Society of Business Analysts.  His years of business experience and professionalism along with his strong personal ethical guidelines and knowledge of the Uniform Standards of Professional Appraisal Practice (USPAP) make him a perfect fit for our industry.

Mr. Rials has had the unique privilege of being directly trained and coached by Accredited Senior Appraiser, Mr. John Harris, (ASA, MCBC, AM&AA), President of Marketing Consultant Services, Inc., and previous Director of the prestigious National Equipment and Business Builders Institute (NEBBI).  As well as Mr. Nathan Bazzle (MCMEA, CSBA) who owns several successful businesses and performs Machinery and Equipment Appraisals and Business Valuations all over the nation.

10 Best Equipment Appraiser Review Questions

These 10 things are the most common and best equipment appraiser questions we have and we have tried to give our shortest answer. We have also included a link to a more in depth answer to give you the best information we can provide.

Please call and talk with an Equipment Appraiser, No Pressure – Just Answers…

800-785-6061

1. What does an Equipment Appraisal Cost?

  • Answer: Each Appraisal is individually quoted based on one of three methods. 1st – Amount of Line items, 2nd Amount of Time, 3rd Flat Rate. Every client has different needs – there are factors like duplicate items, small cost items that can be combined, travel time, multiple locations, rush delivery of the appraisal report, litigation concerns, etc.. With that in mind we review each job and we try to save the client money with our bid while still giving a realistic bid based on real conditions. We also like to give you an expected total cost up front – our quotes usually can get back to you within an hour.
  • We are almost always Below or equal to our competition, but at Master Certified Equipment Appraiser quality.
  • Article: Negotiating Fees for Equipment Appraisers

2. How long does an Equipment Appraisal Take?

  • Answer: Again this is specific to the Equipment Appraisal. On most small to medium jobs we can usually have the report in your email within 3 -5 days after we have received all of the data. The site visit timeframe and / or data collected by your staff would add time to that and should be planned for. Larger jobs (100+ pieces of equipment or multiple distant locations) will be given an expectation up front. The longest we have ever taken is 2 weeks and that was a 5 state, 12 location, 1200 item job).
  • Generally our Turn-a-round is 1/3 of the normal appraisal company time.
  • Article: What Equipment Appraisers do – Time Expectations.

3. Are your Equipment Appraisers Local?

  • Answer: Yes and No! We have over 400+ local Appraisers we use, and we mirror the exact appraiser specialist to the equipment they are familiar with. Additionally we have 3 Master Certified Equipment Appraisers (1 in each of our Primary Regional Offices) that we try to use first. Many Appraisal Reports require the appraiser to be “More” qualified, and we make sure you are covered in that instance.
  • Please note: there are some instances that a “Local” appraiser is a bad idea – feel free to ask us more about that.

4. Do you offer SBA / IRS Qualified Appraisal Reports?

  • Answer: Yes! We only produce Qualified and Certified Equipment Appraisal Reports. We use the U.S.P.A.P. and I.F.R.S. guidelines depending on the client’s specific needs. All of our Appraisers have passed stringent training, maintain continuing education, and hold themselves out as Certified Machinery and Equipment Appraisers. Our Appraisers have one or more of the top certifications in this field those being: MCMEA (Master Certified Machinery & Equipment Appraiser), CMEA (Certified Machinery & Equipment Appraiser), ASA (Accredited Senior Appraiser).
  • We have 3 of the 23 Master Equipment Appraisers in the USA
  • Article: Lending, Financing, SBA Equipment Appraisals

5. Are your Appraisers Certified and by who?

  • Answer: Yes! This is the same as above. We only produce Qualified and Certified Equipment Appraisal Reports. We use the U.S.P.A.P. and I.F.R.S. guidelines depending on the client’s specific needs. All of our Appraisers have passed stringent training, maintain continuing education, and hold themselves out as Certified Machinery and Equipment Appraisers. Our Appraisers have one or more of the top certifications in this field those being: MCMEA (Master Certified Machinery & Equipment Appraiser), CMEA (Certified Machinery & Equipment Appraiser), ASA (Accredited Senior Appraiser).
  • Our Appraisers are Certified By the NEBBI and / or the ASA with many other designations in other disciplines. 

6. Can your Equipment Appraisers be Expert Witnesses for Court, and Litigation cases?

  • Answer: Definitely! Our appraisal reports are substantiated, irrefutable, and reviewed for law changes constantly. We strictly follow the most current guidelines of U.S.P.A.P. (Uniform Standards of Professional Appraisal Practice) as promulgated by congress as the industry guideline. our Appraisers (especially our Master Appraisers) are court tested, and have passed the Daubert Challenge in every court they have appeared in.
  • Our Appraisal Report Format is easy to present and defend and has been positively received by every Judge who has reviewed our documentation.
  • Article: Litigation / Court Equipment Appraisals

7. What Information / Data do you need to Start?

  • Answer: We will schedule your appraisal and work through collecting the data either by an onsite visit or through desktop collection after we receive the following from you:
  1. The Client Requesting the report.
  2. The Business and or locations where the equipment is located.
  3. The Value Level you want us to appraise the equipment at.
  4. The Time Frame you need your report in.
  5. What the Appraisal is for (Needs to be Specific).
  6. An asset list or depreciation schedule to quote the job.
  7. Contact information (Phone, Email, Titles, Etc.)

8. What do you mean by Value Level of Equipment?

  • Answer: There are 12 different types of value that can be applied to equipment and they each have a specific situation in which to be used and very specific U.S.P.A.P. definition of each. That being said most clients only need 1 or more of the following (see the Article or request a copy of the specific current definitions from us):
  1. Fair Market Value in Continued Use (Going Concern Business including setup, install, and tweak in time costs)
  2. Fair Market Value (Going Concern Business)
  3. Orderly Liquidation (Sale of equipment over time)
  4. Forced Liquidation (Sale of equipment on specific date – Auction)

9. What’s the difference between an Onsite and Desktop Appraisal?

  • Answer: 1st the method of data collection on the equipment or machinery is different between the reports. Our values will be the same, the research will be the same, and the report will be the same except for a statement that says the data was collected by our appraisers or by the business. The next. 2nd the cost of the desktop appraisal will be lower due to the fact that our equipment appraiser did not physically go onsite thus time for the appraiser.
  • We offer a Free Data Collection Form that will help you give us all of the information we need in a perfect format saving YOU Time & Money. – Just Ask!
  • Article: Onsite Appraisal Article: Desktop Appraisal

10. Can’t I just get a local Dealer or Auctioneer to Appraise my Equipment?

  • Answer: Short answer – Dealers, Auctioneers, Equipment Resellers, and other non-Certified people offer appraisals, Don’t Risk It.
  • BEWARE! They are almost never certified by a real certification company.
  • BEWARE! They are usually Bias in some way about value (are they hoping to buy it or sell it and fudge the price accordingly).
  • BEWARE! They will say they are the same – but they are NOT. And their reports are usually worthless in court, rarely accepted by SBA, IRS, or other entities, and are starting to be rejected by Banks and other Lenders.
  • The Most Expense Appraisal You will ever buy – Is the second one because your first appraiser was not accepted!
  • Articles: How to Hire the Right Equipment Appraiser

Nathan Bazzle MCMEA CSBA

Nathan-Bazzle MCMEA CSBA

Nathan Bazzle, MCMEA, CSBA
Strategic Alliance / Marketing Advisor
Master Certified Machinery and Equipment Appraiser

Nathan Bazzle has over 16 years of business consulting experience and holds the esteemed National Master Certification in Machinery and Equipment Appraisal (MCMEA). He also holds a Certified Senior Business Analyst (CSBA) designation in the United States.

Current projects include:

An Internet Marketing Strategy / Consulting Firm for Equipment Appraisers. (2014)

In 2009 Mr. Bazzle opened Certified Consulting Group LLC – a National Machinery & Equipment Appraisal, Business Valuation, and Business Brokerage Firm. This firm has since expanded to include Expert Equipment Appraisal and Strategic Alliances with Marketing Consultant Services Inc., Peak Appraisal Group, and Equipment Appraisal Services.

     Mr. Bazzle’s knowledge of Machinery and Business comes from a vast array of personal experience; starting as a teenager growing up in the Kansas oil fields in his Grandfathers small oil company and then later transitioning into an electrician and even installing aeronautical instruments in small business jets at Cessna.  Mr. Bazzle understands machines and the people who run them.

In his mid 20’s Mr. Bazzle took an interest in wireless communications and transitioned in the sales arena for 3 of the largest Telecom Carriers eventually moving through General Business Accounts,  Government Accounts, Major Accounts, Special Liaison to Engineering, and finally Management in a few short years.

Finding a knack for marketing Mr. Bazzle left that industry to become the Sales and Marketing Director for a startup where he learned the deeper aspects of owning a business.  In the past 6 years Mr. Bazzle has branched into ownership by opening several businesses for himself and 2 other business owners. Mr. Bazzle’s background allows him to understand and easily work with every level of personnel inside all company sizes from small business to large international companies.

In 2005 Mr. Bazzle had the opportunity to spend five years personally training under John R Harris, ASA, MCBC, AM&AA.  Mr. Harris is the Director of the NEBB Institute and has personally trained over 1000 Machinery and Equipment Appraisers in 45 states, Canada, Puerto Rico, Australia, Ireland, Saudi Arabia, and Singapore.

      Mr. Bazzle currently specializes in Machinery / Equipment Appraisals and Business Valuations with clients including State & Municipal Agencies, Banking Institutions, Law Firms, CPA / Accounting Firms, and companies of nearly every type and size.

      His understanding of current trends and how they impact a company allows him to not only advise business but also as a guest speaker to various organizations.  He has been awarded the professional designation of MCMEA and CMEA by the National Equipment Business Brokers Institute and the Designation of CSBA by the Society of Business Analysts. These organizations are made up of Trusted Advisors including Attorney’s, CPA’s, Business Brokers, and Financial professionals. As a Certified Machinery and Equipment Appraiser, Mr. Bazzle is trained and compliant with the Uniform Standards of Professional Appraisal Practice (U.S.P.A.P.).

Mr. Bazzle has the following credentials:

  • CSBA – Certified Senior Business Analyst
  • MCMEA – Master Certified Machinery and Equipment Appraiser
  • Instructor for the International Society of Business Analysts
  • Ownership of Multiple Businesses
  • Has Provided Expert Witness testimony in several instances
  • Personally has worked with over 770 companies in Consulting Capacities
  • Frequent Guest speaker to Business and Trade Groups
  • Published Author
Bragging rights
Married for 21 Years to a patient and wonderfull woman and have 3 Beautiful Daughters.