Why buy at Reliable versus the competition
The obvious reasons...
1) Management principle with an education (Mechanical Engineering) that goes to the heart of competency in the subjects of industry, machinery, wear, tribology, welding, failure mode and effects analysis, materials, heat treating, energy, machine building, construction as well as about 200 additional technical subjects that many of my competitors appraisers might be missing in their education tool kits.
2) Unparallelled experience in heavy industry, light industry, metal fabricating, heavy machine shop, accounting services, insurance services, and then the appraisal services to tie it all together. Not one person will have more experience to bring to the table on all of the subjects it takes to be proficient in industrial valuations.
3) A professional accreditation on the signed report (P. Eng.) that you can put more trust in than any appraisal designation available, because of the serious education investment related to the credential, and the status that a P. Eng is held to in society.
4) A valuation track record of 20 years of full time appraisal experience in heavy industry and a solid track record through it all, in other words Reliable. Serving up values for financing, insurance, purchase allocations, and due diligence.
The less obvious reasons...
1) We are experts in classical appraisal methods ( "old school", full site visit, visible non invasive inspections, fact finding and all related facets of traditional industrial appraisal methods)
2) We will recommend the most efficient service to meet your valuation requirements, which may include site visit or desktop analyses, regardless, we will provide the best professional service to meet your needs.
3) If we do serve spreadsheet type math based appraisal methods based on your asset records, we know and are able to recommend additional corrective oversight and experience to the overall service which will ensure a professional service is sold and delivered to adjust for the pitfalls that can easily happen in spreadsheet methods.
4) We will use the best methods and due diligence to value the type of property being valued, and we will choose methods that are appropriate, supportable, ethical, and unbiased.
Why are appraisals purchased?
When we all have our own opinions of value why should we be compelled to purchase an alternate opinion? We are all faced with valuation questions in our daily lives. In the provision of industrial appraisal services however, the complexity of property types and circumstances can be far from common. The need for rigorous procedures and specialised knowledge to generate values of complex properties and industrial assets has been developed into an industry. Reasons to purchase an appraisal are to limit liability, shed the accountability of the statement of values to the third party independent appraiser, due diligence in your deal development, or to complement your lack of knowledge on the numerous variables that drive value and costs in the quest to make a deal work for all the parties at the table.
VALUATION PRODUCTS AND SERVICES AVAILABLE AT RELIABLE
Insurance Appraisal Products
- Replacement Cost New for Insurance (CRN)
- Reproduction Cost New for Insurance of Unique Construction (COR)
- Replacement Cost New less Depreciation for Insurance (CRNLD)
- Actual Cash Value (Used Market Comparables) for Insurance (ACV)
- Functional replacement cost (FRC)
- Independent reviews and critiques of insurance appraisals.
Market Value Services and Products
- Fair Market Value in Continued Use (for installed going concerns, FMV-CU)
- Fair Market Value in Exchange (for market value without going concern business issues)
- Orderly Liquidation Value for Finance (OLV)
- Forced Liquidation Value for Finance (FLV)
- Expert witness challenges and appraisal review
- Detailed Cost Approach and Engineering studies for assessment appeals
- Valuations for export purposes concerning tax filings/capital gains
- Fresh start accounting
- Asset ledger re-construction and asset management services
- Allocations of Purchase Price to the Assets
- Valuations for Asset Impairment Studies
- Valuations for Sale/Leaseback Scenarios
- Residual Value Appraisals for Lease Termination Scenarios
- Valuations for Estate Tax Filings on Family Businesses
- Sub-contract services to complement your valuation project
- All appraisal services and reports are USPAP compliant
Page 2 of 3 |
