June 28, 2022
The role of the authorized appraiser is to estimate a correct value for a certain asset, on a certain date, all of this being embodied in an appraisal report. If you have ever wondered what exactly an authorized appraiser can appraise, the answer is: any thing/object that can be estimated to have a value.
Today we will discuss the types of goods that an appraiser can value, of course depending on their qualifications. Once again, we want to emphasize that the appraiser does not estimate a price, but a value of an asset (in a previous article you will find more details about the difference between price and value).
The assets that an appraiser can evaluate are divided into several categories, as follows:
– real estate (real estate): houses, apartments, commercial spaces, industrial spaces, office spaces, etc.;
– movable property: machinery, equipment, installations, stocks of raw materials, materials, inventory items, furniture, collections, etc.;
– businesses, intangible assets and business-generating properties: the entire package of shares or shares held in the capital of a company, as well as participations in companies, intangible assets (licenses, patents, trademarks and other identifiable intangible assets that can be traded individually); business-generating properties - hotels, motels, campsites, polyclinics and hospitals, gas stations, restaurants, cafes, clubs, bars, theaters and cinemas;
– financial instruments: any contract that simultaneously gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity is a financial instrument.
Depending on the type of asset and according to the principle of professional competence, the appraiser must have the following specializations:
• EPI – real estate valuations;
• EI – valuations of businesses, goodwill and other intangible assets;
• EBM – valuations of movable property;
• EIF – valuations of shares and other financial instruments.
In addition to those mentioned, there is also the VE specialization corresponding to the verification of evaluation reports.
The FairValue team, with national coverage, is made up of appraisers with extensive experience in the field who have all the qualifications mentioned above in their portfolio and appraisers who specialize in only a few of the categories. Regardless of the type of asset or the complexity of the work, you can confidently call on FairValue appraisers.
Whether we are talking about bank guarantees or business valuations, we are ready to quickly take on any request.
FairValue is #rightwithyou.
