There has always been a demand for personal property appraisers, which includes farm equipment appraisals. Successful appraisers are educated about the current markets, trends, sales statistics and knowledgeable in regards to the items or animals they are appraising.
Farm Equipment appraisals are done for:
Insurance
Divorce & Estate Settlements
Sales & Syndications
Tax Audits
Donations
Bank Collateral
Contract Disputes
Litigation
Farm Equipment appraisals are done for virtually any purpose in which there is a need for a person (or group/entity) to be certain of a professional valuation of farm equipment.
Aside from the required comprehensive background in the agricultural industry, having this knowledge and experience is only part of what makes a Farm Equipment Appraiser successful in the agricultural industry. Appraisers need to possess excellent writing & speaking skills and have an eye for detail. As a result, Appraisal Candidates are required to have a Bachelor's Degree or higher OR 30 semester credit hours from an accredited college or university (minimum of 10 courses or two full semesters). Appraisers should also have an independent and confident personality, which ensures they will not be easily swayed by a client's own motives or agendas. They need to have high moral values and ethics that they are willing to stand by no matter the situation. Lastly, an appraiser must have the time available to perform appraisals. For example, appraising one animal can take up to 10 hours or more depending on the details and complexity of the assignment.
Becoming a Farm Equipment Appraiser allows you to embark on a career that is personally and professionally rewarding, has the potential to pay well, gives you the flexibility of working on your own or as part of a wide diversity of organizations involved in the equine industry - attorneys, banks, insurance companies, governments, accountants and more.
Start your appraisal career today!