Categorization
Appraisal is a process before company liquidation. Categorization speeds up the entire process. Most businesses slated for appraisal categorize their surplus according to inventory, production usage, and remaining assets after placing items into the two first categories.
Inventory refers to any unsellable goods you can't sell. Production usage refers to product-creating machines and heavy-duty equipment. The last category refers to furniture, electronics, and other non-production-essential items you can't sell.
Maintenance Records
Buyers greatly consider item wear and tear. Older equipment can only have a selling chance with a high appraisal that their maintenance records can prove. Your regular maintenance and repair records will prove to potential buyers you have items for auction in good condition and worthy of your substantial asking price.
Selling Method or Process
Appraisal methods vary depending on your property selling methods. You'll be selling surplus heavy machinery requiring professional inspections and evaluations for auction certification. Your appraisers can provide you insight about your equipment's current condition, the best way to gain audience attention during auctions, and other aspects that can help you attain the highest profits during its sale.
Meeting Your Appraiser
Look for a certified appraiser with experience evaluating equipment like yours. The process begins with their initial reading of maintenance records and review of all related documents. They will then review standard regulations and performances expected of your heavy-duty equipment to provide you an accurate estimate of your equipment's value during the auction.
You can always trust Infinity Asset Solutions for top-notch auctioning services inclusive of property appraisals. Call us today to get started with your auctions.