The Appraisal Process

Surplus Asset Management specializes in auctions but can also provide professional appraisal services. By combining the two services, we are able to create better and more accurate appraisals for our clients.

The appraisal process is an orderly and concise method of reaching an estimate of value. The process has six major steps which include: definition of the asset, preliminary survey and appraisal, data collection and analysis, application of the three approaches to value, reconciliations of value indications, and final estimate of defined value. This process assists the appraiser in reaching a sound conclusion. The information is summarized and the value, in the opinion of the appraiser, is selected as the final estimate of value. We will then work with our clients to figure out the most feasible method in which a sale of the asset can occur.

For more information, please contact us online at info@samauctions.com or by phone at 602-442-4554 or 1-877-726-2828