equipment appraiser code of ethics

The Problem With Surface Level Information…

Many attempts have been made to educate the public on how to protect themselves when it comes to providing accurate machinery and equipment values. Oftentimes, people rely on surface-level information from an appraiser, which does not give an indication as to the level of accuracy or competency.

R Stout Appraisals is committed to preserving the public trust inherent in the appraisal process. The purpose of the Code Of Ethics And Competency Appraiser Awareness Program is to protect the public from unsubstantiated or questionable machinery and equipment appraisals. Our seal serves to alert the public to the documentation we know is necessary to prove that an appraiser is competent. This assures an appraisal will be substantiated, accurate, irrefutable, defensible, and will withstand scrutiny.

Appraisers Who Comply With These 4 Strict Points Prove That They Are Capable Of Performing At The Highest Level Of Ethical Excellence Deserving Of The Public Trust…

  • Ethical Obligations
  • Advocacy ONLY Of The Appraisal
  • Certification
  • Defensible Appraisal

What Do These 4 Strict Points Mean?

Ethical Obligations:

Each Certified Appraisal is USPAP Compliant.

Advocacy ONLY Of The Appraisal:

We are an advocate ONLY of the Appraisal, not of any person or entity. We maintain our objectivity and are independent appraisers.

Certification:

We have earned the professional designation of CMEA (Certified Machinery & Equipment Appraiser).

Defensible Appraisal:

Comprehensive and substantiated estimates of value that hold up to scrutiny with the IRS, lenders, buyers, sellers, courts, CPAs, attorneys and others.

If The Appraiser You Choose Does Not Have The 4 Characteristics Of A “Certified” Appraiser…

Your Best Option Is To Call The Certified Machinery & Equipment Appraisers At R Stout Appraisals!