Selling Your Business? Get a Business Broker.

So, you’re looking to sell your business or liquidate your assets. First, you need to make sure you have a certified appraisal of your business, machinery, or equipment. But, where do you go from there? In order to simplify the process, get more offers, and get the best price for your business or equipment, you should work with a business broker.

Business brokers work similarly to real estate agents. They can help you with advertising, initial discussions with buyers, negotiations, and the final transaction processes. Most importantly, a business broker can be a decision-making partner during this crucial time for a seller or buyer.

It is essential to realize that deals are being done, despite the current economic climate. Although there is a lot of doom and gloom out there, there are businesses that are making money and looking to increase their opportunities through acquisition or purchase of assets or equipment. These deals are just being done differently than in the past. Because of the current state of the credit markets, buyers and sellers are developing creative deal-structuring strategies to facilitate transactions and satisfy both buyers and sellers.

In order to take advantage of the opportunities that are still out there and make sure that you are getting the most out of the sale of your business and equipment, partner with an experienced business broker.

In addition to valuation services, Present Value provides business and equipment brokerage services. Present Value has an extensive team of business and equipment brokers who help buyers and sellers come together for transactions with businesses, machinery, and equipment. Present Value’s research team also has relationships with hundreds of equipment and business brokers at both national and international levels.

By: Present Value

Tags: business appraisals, business broker, equipment appraisal, Machinary Appraisal, selling business
Posted in Business Valuation, Machinery & Equipment, Real Estate, Real Estate Appraisal, Videos, business appraisals, business broker | 2 Comments »

What’s It Worth?

Everything has a value. Today, more than ever, it is important to know what it’s all worth. As a business owner, it is important to know the true market value of your machinery and equipment for a whole host of reasons, such as insurance and business valuation. It is relatively simple to determine the value of a farm tractor or an out-of-the-box piece of equipment. An appraiser will look at various factors to determine value, including its original price, wear and tear, depreciation, and current market value. It is a straightforward process because there are millions of pieces of equipment against which they can be compared to determine fair market value. However, it is much more difficult to determine the value of custom-made equipment such as dies, molds, or custom machinery.

An appraiser must take into account that such equipment may be one of a kind, which makes it more difficult to value because there are no other pieces against which to compare it. A whole host of considerations must be taken, including the cost of its production, the value of its usage, the cost of its replacement, depreciation, salvage value, and scrap value. The appraisal of custom equipment requires the specialized skills of a professional who has the expertise and certification to examine all of these factors and more to determine its true fair market value.

Whether you need to know the fair market value or other standards of value such as liquidation value, salvage value, or replacement cost, it makes good financial sense to obtain a credible certified equipment appraisal report that will hold up under scrutiny with financial institutions, government agencies, buyers, sellers, shareholders, or partners. Make sure you know what it’s worth.

Tags: Custom Appraisal, equipment appraisal, Machinary Appraisal
Posted in Custom Appraisal, Machinery & Equipment, Real Estate Appraisal, Tax issues, Uncategorized, Videos, business appraisals | 1 Comment »

Present Value LLC and the upcoming HVCC changes

Earlier this month, we wrote about the Home Valuation Code of Conduct (HVCC) changes that will go into effect on May 1 of this year. You can read the full post here. Essentially, the changes state that lenders seeking a conventional appraisal, as opposed to an FHA appraisal, will be required to find an appraiser through a third party, such as an appraisal management company.  

If you’re seeking an FHA appraisal, your interaction with Present Value won’t change. Because the HVCC changes don’t affect FHA appraisals, lenders can still contact Present Value directly. And more good news – if you’re seeking a conventional appraisal, your interaction with Present Value will also remain the same. Present Value LLC is both an appraiser and an appraisal management company, which means that it can play the role of the third party required by the HVCC changes and save you the step of having to seek out a separate appraisal management company. One of the principles to which Present Value adheres is to provide the best possible customer service. As these changes go into effect and people begin to navigate what the changes mean for them, we hope that the lack of disruption in service you’ll experience by working with Present Value will prove our dedication to this principle.

In other news, have you had the chance to check out our introductory video? Click here to watch.  

By: Present Value

Tags: appraisal management company, Appraisals, FHA appraisals, HVCC, Real estate appraisals
Posted in HVCC, Real Estate Appraisal, Videos | No Comments »

Present Value Introduction Video!

Watch Present Value’s Introduction video.  PLAY VIDEO!

By Present Value LLC

Tags: Appraisal Comapny, business appraisals, Equipment Appraisals, Home Appraisals, Present Value Video
Posted in Videos | 1 Comment »