How to Become a Designated Machinery & Technical Specialties Appraiser
Machinery & technical specialties appraisal encompasses the valuation of all types of machinery & equipment. A machinery & technical specialties appraiser is a professional who develops and reports an opinion of value on assets such as aircraft, marine, mines/quarries, oil/gas, public utilities machinery & equipment and more. Machinery & technical specialties appraisals are done for many reasons, including estate tax\liquidations; insurance purposes; loan underwriting; expert witness testimony; auction services; and others.
What is a Designated Machinery & Technical Specialties Appraiser?
In many countries the Government does not license machinery & technical specialty appraisers. Therefore, when consumers are choosing a machinery & technical specialties appraiser, it is crucial for them to pay close attention to the qualifications of that individual and make certain that the appraiser’s education and standards of practice are sufficient to produce appraisals that are independent, consistent, and objective, as well as an appraisal report that is reliable and credible. Consumers should also consider hiring a machinery & technical specialties appraiser who is affiliated with an established valuation professional organization like ASA.
What are the Steps to Becoming a Designated Machinery & Technical Specialties Appraiser?
When an appraiser joins ASA, they come in as an Applicant. When Applicants have passed the online ethics examination and a 15-hour USPAP course and exam, they become Candidates. Applicants and Candidates qualify for member discounts on courses, publications and conferences, and many other benefits. Tuition grants are available to eligible participants.
Once Candidates have fulfilled the machinery & technical specialties education and testing requirements, they may apply for a designation. Accreditation from the ASA Machinery & Technical Specialties Discipline, includes the AM (Accredited Member) designation and the ASA (Accredited Senior Appraiser) designation. Strict adherence to the ASA Code of Ethics is observed and enforced by members at all times.
To Qualify for Accredited Member (AM) or Accredited Senior Appraiser (ASA) Status
Accredited Members are required to have two (2) years of full-time appraisal experience and Accredited Senior Appraisers are required to have five (5) years of full-time appraisal experience in machinery & technical specialties appraising.
Ready to take the next steps to becoming a designated machinery & technical specialties appraiser?
- View the Machinery & Technical Specialties Guide to Professional Designations.
- View ASA’s membership and accreditation overview for more details on becoming a designated machinery & technical specialties appraiser.
- Contact ASA at (800) 272-8258 or asainfo@appraisers.org.
ASA is the oldest and only major appraisal organization designating members in all appraisal specialties and offers its members unparalleled education, renowned appraisal events, diverse networking channels, and increased referral opportunities. Enhance your career and gain credibility by becoming a designated machinery & technical specialties appraiser with ASA.
Start your path today, visit us online at www.appraisers.org/join.
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