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Wildland Fire Litigation Conference: A Report

Several years ago while serving as equipment appraisal expert witness for the Ophir Fire, I discovered the Wildland Fire Litigation Conference and put it on my appraisal bucket list. Just this year, my schedule finally allowed me to attend the conference. In the intervening years, I’ve done many equipment appraisals related to insurance loss claims,…Read More

Case Study: Inventory Fire Loss

Join us Friday, Nov 10, 2017, 4:00pm to 5:00pm at Caruso’s in The Westin St Francis, Union Square in San Francisco, CA, when ASA equipment appraiser, Jack Young, ASA, CPA, will be available to answer your questions about the importance of independent, defensible and USPAP compliant equipment appraisals for in fire litigation. Click here for more information &…Read More

Factors in Appraising for Fire Loss or Theft

How do we appraise equipment that’s been destroyed or stolen? Of course we hope for good records — photos, equipment lists, maintenance records — but rarely are those available. Often whatever records might have existed have been lost in the same fire that destroyed the equipment. In most of the fire cases we’ve been called…Read More

Do You Need an Industry-Specific Valuation Expert?

Equipment appraisers often claim expertise in particular markets. And we do often become experts through our experience in valuing a particular industry throughout the years. In many situations, however, it’s more important to be an equipment appraisal expert than an industry expert! An expert equipment appraiser knows how to research the processes and equipment lines…Read More

3 Ways to Calculate Equipment Value, According to USPAP

Let’s say you’re getting an equipment appraisal on your metalworking facility, your food processing plant, a manufacturing facility or trucking company. When you think about how an equipment appraiser might research the values for your fleet vehicles, your food processing equipment, or your CNC machines, drills, presses, etc., you probably assume the sales comparison approach….Read More

Due Diligence vs. Gut Feelings in the Valuation Process

Thanks to Joseph Orlando, ASA, Director of Business Valuation at Frank, Rimerman + Co. LLP in St. Helena, CA, for this interesting discussion on the importance of perspective in the valuation process. Joe currently serves as Treasurer on the ASA Northern California Chapter Board and has been nominated as Discipline Director for Business Valuation. It’s been…Read More

Avoiding Blindspots: Advice from the Road

Year-end is a busy time in the equipment appraisal business. Clients want to complete buy/sell agreements, process collateral loans, resolve estate and other family law issues, and generally tidy up equipment appraisal business that they’ve been too busy to deal with earlier in the year. That means that we’re heavily scheduled; and that means driving to…Read More

Annual Fair Value Conference in San Francisco

Next week, the annual Fair Value Conference will be in San Francisco. As president of the San Francisco/Nevada Chapter of the American Society of Appraisers, I’m especially excited about this. It’s a great opportunity not only for local Business Valuation appraisers, but also for the NorCal ASA Chapter in general. Of course, here at the Northern California/Nevada…Read More

Believe It or Not, We’re on Pinterest!

We started the NorCal Valuation Inc. equipment appraisal Pinterest account as an experiment and it’s turned into a fun little project. As equipment appraisers we take thousands of pictures every year and it is an area we like to have some creative fun with. As of today, we’ve got about 20 boards, most of which are…Read More

Choosing an Appraiser for Leased Equipment: 2 of 2

As pointed out in the previous Leased Equipment post, today’s equipment lessor must be more knowledgeable than ever before about the value of leased equipment: Many leasing decisions, from the initial transaction pricing through the ultimate disposition of the equipment, are based on the value of the underlying asset. In addition, it’s critical to have…Read More

Selecting an Appraiser for Leased Equipment: Part 1 of 2

Over the years, I’ve done a number of valuations on leased equipment for various reasons. It’s almost aways the case that the folks who are leasing the equipment and the folks who own it don’t agree on what the value of the equipment is or even what the premise of value should be for the equipment…Read More

Appraising Propane Equipment: Delivery Trucks

Earlier, we reviewed current conditions in the retail propane industry, a commodity-based industry in a mature market place suffering from reduced sales and relatively flat projected growth. With a general understanding of the industry situation, the retail propane equipment appraiser can more easily address the interesting challenges in valuing the 3 standard equipment categories of…Read More