Latest Publications

MESSAGE FROM THE CEO

Dear ASA Family, as I embark on the next chapter in my career, I wanted to express my deep gratitude and heartfelt farewell to the incredible ASA community. During my tenure as your CEO, I have had the opportunity to meet many of our great members around the world and learn so much about the valuation profession. The decision to assume the role of CEO at the American Association of Clinical Endocrinology was not made lightly, and it comes with mixed emotions as I leave behind an organization that has been an integral part of my life.

Since my announcement last month, I have been working alongside the team to ensure a seamless transition. The search for a new CEO is in capable hands with a dedicated search committee and the expertise of Association Strategies, Inc. I have utmost confidence that they will find a leader who will carry the ASA’s legacy forward and continue the good work I have started with the team.

Reflecting on our shared journey, I am immensely proud of the milestones we achieved together:

  • Restoring financial health.
  • Navigating challenges during the pandemic.
  • Launching the groundbreaking COVID-19 News Portal.
  • Transitioning the governance structure.
  • Upgrading technology platforms.
  • Relocating ASA’s headquarters strategically.
  • Strengthening global relationships and raising ASA’s brand awareness.
  • Initiating successful publications and transforming educational platforms.
  • Taking a leadership role in addressing unconscious bias in real property appraisal.

These achievements are a testament to the collective dedication and spirit of the ASA community. As I step into this new chapter, I leave ASA in a positive position for the future.

Over the coming weeks headquarters staff, international officers, and the Board of Governors will ensure a smooth transition. The capable hands of the senior management team, led by Chief Operating Officer Bonny (Price) Rogers and Chief Partnership Officer John Russell, will guide ASA until a new CEO is appointed.

For those interested in more details about ASA’s CEO transition and search, please refer to this month’s Message from the International President, Garrett Schwartz.

My sincere appreciation goes out to each one of you for your unwavering dedication, confidence, and support throughout these years. I will genuinely miss the collaborative spirit and the vibrant energy of the ASA community.  The knowledge and experience I gain as your leader will stay with me forever and I will be an advocate for the valuation profession for life.

With heartfelt thanks,

Johnnie White

Share

ASA Shines at Premier Tucson Gems and Jewelry Industry Gatherings

Highlighting the AGA and AGTA Annual Conferences

A collage of several buildings

Description automatically generated

ASA made a significant impact at two prominent gems and jewelry industry events in Tucson, AZ, during the past month: the 2024 AGA Tucson Conference and the 2024 AGTA GemFair Tucson Conference.

2024 AGA Tucson Conference:

Teri Brossmer

The 2024 AGA Tucson Conference, held on January 31 at the Tucson Marriott University Park, featured a comprehensive agenda from 8:00 am to 4:30 pm, concluding with a dazzling Gala from 7:00 pm to 9:00 pm. The sessions covered a range of gemologist-focused topics, with ASA proudly participating as an Emerald Sponsor. Theresa Brossmer ASA, ARM, MGA®, provided on-site support, organizing a sponsor table featuring ASA’s gems and jewelry marketing materials.

2024 AGTA GemFair Tucson Conference:

Following the AGA Tucson Conference, ASA actively participated in the 2024 AGTA GemFair Tucson Conference, renowned internationally as the premier trade show for color, bringing together over 8000 buyers and 300 exhibitors. ASA took part as an exhibitor, with Marti Hubbard, ASA, MGA®, leading a dedicated team of ASA gems and jewelry appraiser member volunteers in the ASA booth, including Christine York, ASA, MGA®, Mark Cartwright, ASA, ARM, MGA®, Mary Reich, ASA, ARM, MGA®, Harold Lindsay, ASA, MGA®, Tracy Aros, ASA, MGA®, Monica Caldwell, ASA, MGA®, and Warren Morss, ASA, MGA®. ASA’s CEO Johnnie White was also onsite supporting the event.

Olga Diaz De Leon, Christine Ratanadilok, and Dr. Celine Rose David, PhD
Dr. David will be speaking at the 2024 ASA International Conference in Portland, OR. Her topic will be about cuts of antique diamonds.

The booth showcased gems and jewelry marketing handouts, along with enticing ASA-branded promotional items, including pens, 5x plastic loupes, phone chargers, and a coveted Yeti Backpack grand prize. 10X-powered loupes were also given away in a drawing for five days, which was a huge draw to the booth. The ASA Jewelry Appraisal Handbook was also prominently displayed and available for purchase.

Attendees had the opportunity to engage with the ASA team, including discussions about becoming appraisers, as well as learning about ASA’s gems and jewelry education, credentialing, and membership programs. A lead retrieval system facilitated the collection of crucial information for follow-up recruitment efforts.

This year’s event marks the conclusion of Marti Hubbard’s impactful service. ASA CEO Johnnie White honored her with a plaque, expressing gratitude for her significant contributions. Christine Ratanadilok, and Olga <Last Name>, who supported Marti’s efforts this year, are set to take over responsibilities for next year’s conference.

Marti Hubbard, ASA MGA®, Linda Sandvall, and Johnnie White
Linda was the winner of the 10 X LED/UV loupe on Wednesday.

ASA extends heartfelt thanks to all the member volunteers whose support was instrumental in making these two events a success.

Share

Message from the International President

This month we spotlight updates on the search for a new CEO, changes to the composition of the Board of Governors, and an example of the workings of the Board of Governors.

CEO Search

Chief Executive Officer Johnnie White is wrapping up his last weeks with ASA, with his last day scheduled as February 20. Our CEO Search Committee is working on the search with our outside executive search firm. We invited over 75 ASA leaders and outside partners to participate in a survey that will be used to build a profile of the characteristics and skills necessary for a successful ASA CEO. Thank you to all who were surveyed and took the time to provide their valuable feedback.

The position posting closes in March. During March and April, the search committee will review applicants and conduct the first round of interviews. Final interviews will be conducted by our Board of Governors, and we hope to have a CEO hired by mid-May.

Board of Governors Size and Composition

Last year, we made changes to the structure of our Board of Governors. Our Board of Governors is comprised of international officers (Secretary/Treasurer, Vice President, President, and Past President), Region Governors, Discipline Governors, and the CEO as a non-voting ex officio member.

Previously, we had two governors each from the five disciplines of Business Valuation, Gems & Jewelry, Machinery & Technical Specialties, Personal Property, and Real Property. Last year, we made the change from two governors per discipline to one per discipline and added a governor for our Appraisal Review & Management discipline.

Our Region Governors currently represent regions centered on the United States and Canada, with the rest of the world carved up between those regions. For example, Asian and Australian members are part of a region with the western U.S. and Canada, and Europe is part of a region with the southern Atlantic Coast of the U.S. For these regions, most of the membership (and voters for Region Governor positions) are from the U.S. and Canada.

The new structure balances the number of members between regions and ensures a seat at the table for our growing membership around the world. The new Regions are a Northeast Region, a Midwest/South Region, a Western Region–all of which are entirely within the U.S. and Canada and have roughly equal numbers of members–and a Multinational Region, which includes the hundreds of members from the rest of the world.

The changes to the Discipline Governor membership took effect on July 1, 2023, and the changes to the Region Governor membership takes effect on July 1, 2024. The Board of Governors will then have 14 elected members–six Discipline Governors, four Region Governors, and four international officers. The chapters covered by the Multinational Region are starting the process of nominating their candidates for the Region Governor, and the election for that seat will take place in May.

Next Steps

I mentioned in last month’s Message from the President that we have working groups meeting to assess the current chapter and discipline models and determine what changes might be necessary to ensure the growth and success of ASA into the future. Reports from those working groups are expected in the next few months.

The success of ASA requires an invested and active membership. There are many opportunities for members to become involved at the local chapter level, on discipline committees, and on various international committees. If you aren’t already involved, I encourage you to reach out to your local chapter or discipline to see how you might contribute.

Thank you for your continued support of ASA.

Best regards,

Garrett Schwartz

ASA International President
president@appraisers.org

Looking for past Message from the International President updates? Visit ASA’s online newsroom here.

Share

A Day in the Life of a Machinery & Technical Specialties Appraiser

Explore the daily routine of Jordan Lukupa, a senior associate at Gordon Brothers in Sydney, Australia. Having recently completed his valuation coursework through ASA, Jordan takes you behind the scenes in a brief video, providing insights into a typical workday.

Starting the day by delving into an asset schedule for an ongoing valuation, Jordan meticulously reviews photos and information. Before heading out to an inspection site, he equips himself with essential gear like a high visibility vest, steel cap boots, and keys.

On-site, Jordan carefully assesses trucks, trailers, and various assets for clients, taking note of crucial details such as odometers, overall condition, and date of manufacture. Detailed photos are captured along the way. After the on-site inspection, he returns to the office to input all the collected data into a comprehensive spreadsheet.

The next steps involve thorough research and pricing for each asset observed, culminating in the creation of a final report. Once the report is finalized, it is promptly sent off to the customer. If you’re curious about the intricacies of asset appraisal, check out the engaging 50-second video on ASA’s TikTok page – watch, like, and share!

If you have a compelling asset appraisal story to share, don’t hesitate to submit your video to ASA for a chance to showcase your unique experience.

Share

Ensuring Your Service Area is Visible to Potential Clients: The Power of Linking Google Service Areas in Your ASA Find an Appraiser Profile

Are your potential clients aware of the geographic areas you serve? Discover the strategic advantage of incorporating a link to your Google service area within your ASA Find an Appraiser profile.

Did you know that both consumers and ASA members regularly search the ASA website for qualified valuation experts? Last fiscal year alone, over 3,000 members had their profiles viewed on the ASA website, making it the primary go-to source for professionals in all appraisal specialties. With a total of more than 30,000 page views and an average visitor duration of nearly two minutes, the potential for connecting with clients and fellow members is substantial. So, how can you optimize your presence on ASA’s Find an Appraiser (FAA) and online Membership Directory tools? The first crucial step is setting up your “My FAA Profile,” and you can find comprehensive instructions, including a short video, here. Another often overlooked yet essential step is to include a link to your Google Service Area in your My FAA Profile Bio.

What Exactly is a Google Service Area?

A Google Service Area is a valuable feature within Google’s Business Profile tool that empowers businesses and organizations to manage their online presence and assist customers in finding their services, along with the specific areas they cover.

When you list your service area, you communicate to potential clients the geographical regions where you offer your appraisal services. This feature is particularly advantageous for appraisers with designated service areas.

Crucial Tip: Be sure to specify your service area by city, postal code, or another relevant region. Google allows you to define up to 20 service areas.

How to Utilize a Service Area on Google:

Follow these five straightforward steps to add a service area for your business:

  1. Visit your Business Profile or create a new one.
  2. To manage your service area, select “Edit profile” and then “Location” (for Google Search) or “Edit profile,” “Business information,” and “Location” (for Google Maps).
  3. Under “Location and areas,” next to “Service area,” click the pencil icon to edit.
  4. Choose suggested service areas or manually enter the areas you serve, up to 20 in total.
  5. Save your changes.

Adding a Link to Your Google Business Profile in Your ASA My FAA Profile Bio:

Here’s how to seamlessly integrate your Google Business Profile link into your ASA My FAA Profile:

  1. Visit Google Maps at www.google.com/maps.
  2. Enter your business name in the search bar and click the magnifying glass icon.
  3. On the left side of the screen, find your business profile under the Overview tab. Click the share icon and then copy the link.
  4. Head to your ASA My FAA Profile at www.appraisers.org.
  5. Click on the My Account link in the top right corner.
  6. Sign in with your email address and password.
  7. Select My FAA Profile from the top toolbar.
  8. Paste your Google Business Profile link into the Biography section.
  9. Save your changes.

Need Further Assistance?

For additional guidance on using a service area on Google, refer to this helpful article in the Google Business Profile Help Center.

Share

Preview: Corporate Jet Investor London 2024 – A Conversation with CEO Alasdair Whyte

As the business aviation industry gears up for one of its most anticipated events, Corporate Jet Investor London 2024 promises an immersive experience for professionals across the sector. To provide an exclusive insight into what attendees can expect, we sat down with Alasdair Whyte, the CEO of Corporate Jet Investor.

Q: What makes CJI London 2024 a must-attend event for business aviation professionals?

Alasdair Whyte (AW): “CJI London 2024 stands out as a pivotal gathering for industry stakeholders. It’s not just another conference; it’s a convergence of thought leaders, experts, and key players in business aviation. Our focus is on delivering unparalleled insights, fostering meaningful discussions, and creating networking opportunities that transcend expectations.”

Q: Could you highlight the presenters and sessions that attendees can look forward to?

AW: “We’ve curated an impressive lineup of speakers and sessions. Esteemed industry leaders, top executives, and experts will grace our stages, offering diverse perspectives on market trends, technological advancements, regulatory landscapes, and investment opportunities. Sessions will cover crucial topics such as sustainable aviation, market forecasts, legal insights, and much more.

Attendees can expect sessions like Looking Beyond ChatGPT, Selling Aircraft in 2024, and The VVIP Market with speakers like the Manager of Executive Aviation at Hunt & Palmer, Julie Black, and President & CEO of Mesinger Jet Sales, Jay Mesinger. These discussions aim to provide actionable insights and strategies for attendees, empowering them with practical knowledge to drive success in their roles. View a full list of our speakers and sessions, here.”

Q: How will attendees benefit from the insights shared during the event?

AW: “We aim to provide attendees with actionable insights and strategies that can drive success in their respective roles. Networking opportunities will abound, allowing professionals to forge valuable connections, share ideas, and gain a deeper understanding of the industry’s current landscape.”

Q: Can you shed some light on the sponsors and partners supporting CJI London 2024?

AW: “We’re grateful for the unwavering support of our sponsors and partners who play a pivotal role in making this event possible. Their contributions help elevate the experience, ensuring top-notch arrangements and a conducive environment for learning and networking. Our gratitude extends to each of them for their commitment to the success of Corporate Jet Investor London 2024.”

Q: Any logistical details attendees should be aware of?

AW: “The event is scheduled from February 5-7, 2024, at the London Hilton on Park Lane. Registrations are open, and we encourage early booking to secure your place. Expect engaging sessions, interactive workshops, and ample opportunities to engage with industry peers. Visit our website for further details and registration.”

Q: Could you elaborate on the significance of Corporate Jet Investor partnering with the ASA and how this collaboration adds value to CJI London 2024?

Alasdair Whyte (AW): “Our partnership with ASA is highly significant for CJI London 2024, as it brings specialized expertise in aircraft appraisals to the event. ASA’s involvement enriches our discussions, offering attendees insights into the intricate world of aircraft valuations, market trends, and industry standards. This collaboration allows us to host tailored sessions focused on appraisal methodologies, market assessments, and the evolving landscape of aircraft valuations. ASA’s participation widens the event’s scope, providing invaluable insights and networking opportunities for all participants, enhancing the overall experience by offering a comprehensive view of the appraisal aspects within the business aviation industry.”

Corporate Jet Investor London 2024 promises to be an enlightening and enriching experience for business aviation professionals worldwide. With an esteemed lineup of speakers, insightful sessions, and invaluable networking prospects, this event is poised to shape the future of the industry. Don’t miss out on this exceptional opportunity to influence the future of business aviation.

Share

Message from the CEO

This past month I announced I will be leaving the organization to assume the role of CEO at the American Association of Clinical Endocrinology. I will continue my responsibilities at ASA until mid-February to facilitate a smooth transition. We have started the process with a comprehensive search for a new CEO with the formation of search committee and enlisting the services of the executive search firm Association Strategies, Inc, which is the same organization that found me, so I trust they will find another great leader for ASA.

During my tenure, our Society achieved significant milestones, including:

  • Successfully restoring the organization’s financial health, resulting in a positive balance sheet.
  • Navigating the organization effectively through the challenges posed by the pandemic.
  • Launching the industry’ inaugural COVID-19 News Portal for streamlined communication.
  • Facilitating the transition of the governance structure to a policy governance model.
  • Upgrading various technology platforms, including the association management system, learning management system, financial management system, community networking platform, and website.
  • Relocating ASA’s headquarters to a more suitable office space aligned with the organization’s future direction.
  • Strengthening relationships with valuation professional organizations in the US and globally.
  • Initiating an ASA brand awareness campaign to promote the organization and its members to those seeking appraisal services.
  • Establishing strategic partnerships with organizations outside the US to expand ASA’s global presence.
  • Revamping the member newsletter for increased relevance and engagement.
  • Launching successful publications for the appraisal profession.
  • Transforming and expanding the in-person educational platform into a thriving virtual e-learning platform.
  • Taking a leadership role in addressing unconscious bias in real property appraisal through profession-wide initiatives.
  • Updating membership categories and credentialing requirements to meet the evolving needs of the marketplace.

After accomplishing these major initiatives and achieving market leadership across diverse categories, I believe it is an opportune moment to transition leadership. I will be leaving ASA in a very positive position for the future. My last day with ASA will be in mid-February, and I will be working closely with ASA’s International President, Garrett Schwartz, headquarters staff, the international officers, and the Board of Governors over the next few weeks to ensure we are prepared for the transition. Until a new CEO is hired, the functions will be carried out by our senior management team of Chief Operating Officer Bonny (Price) Rogers, Chief Financial Officer Joe Noselli, and Chief Partnership Officer John Russell.

For complete details about ASA’s CEO transition and search view this month’s Message from the International President.

I sincerely appreciate the incredible individuals at ASA for their dedication, confidence, and support throughout the years. I will truly miss working with the outstanding staff and our dedicated members. 

Looking for past Message from the CEO updates by Johnnie White? Visit ASA’s online newsroom here.

Share

New Year–New Policy Appraisal

An expert’s view on why your health insurance policy should be appraised by a professional.


Editor’s Note: The beginning of a new year is the perfect time to have your health insurance policy reviewed by a professional. To learn why ASA sat down with Chad M. Thompson of Thompson Benefits & Enrollment Group, LLC, an ASA member benefit partner.


ASA: Why and how often should a sole practitioner have their health insurance policy “appraised” aka reviewed by a benefits expert?

Thompson: At least once a year and with any life event such as marriage, birth, employment change, etc.

ASA: What would such an appraisal or review look at and cover?

Thompson: Two primary areas:

  1. To be sure the coverage and premiums are appropriate to the needs and budget of the family/company.
  2. To see what new options may be available on the market to better fit their needs or save them money.

ASA: What new trends are you seeing in health insurance policies for sole practitioners?

Thompson: As Healthcare costs continue to rise, many individuals and companies are looking for alternative Health coverage that fits their needs but doesn’t break the bank in the process.

ASA: How can Thompson help ASA members save on health insurance?

Thompson: We specialize in providing alternative health plans to small businesses and individuals that cover their needs and are very affordable. Most of our plans have a $0 deductible so it’s something people can afford to use rather than having to meet a high deductible before their medical coverage kicks in.

ASA: How is Thompson uniquely different than other brokers?

Thompson: Simple. We love small groups and individuals rather than large groups. We actually can make a huge positive impact on the future of their companies by being able to attract and retain quality employees. Our group health plans only need two employees enrolled. NO minimum employer contribution requirement. ACA compliant. $0 deductible. Can be implemented any time of year.

ASA: How can ASA members get started?

Thompson: Members can reach out directly by phone at 1-800-916-1208, e-mail at chad@thompsonbenefitsgroup.com, or visit our website at https://thompsonbenefitsgroup.com.

Share

Message from the International President

As we begin 2024, our international officers and Board of Governors are focused on important strategic issues, as well as starting the process of replacing Chief Executive Officer Johnnie White.

CEO Transition and Search

In December, Johnnie let us know that he had accepted a position as chief executive officer (CEO) of the American Association of Clinical Endocrinology. Johnnie had worked for several medical associations, including the Endocrine Society, so this was a return to his roots in association management.

We are proud of what we have accomplished during Johnnie’s tenure. While we are sad to lose him, this is a great opportunity for Johnnie, and we wish him success in his new role. Johnnie’s last day with ASA will be in mid-February, and he will be working closely with me, headquarters staff, the international officers, and the Board of Governors over the next few weeks to ensure we are prepared for the transition. Until a new CEO is hired, the functions will be carried out by our senior management team of Chief Operating Officer Bonny (Price) Rogers, Chief Financial Officer Joe Noselli, and Chief Partnership Officer John Russell.

We have already begun our global search for a new CEO. I appointed ASA International Vice President G. Adrian Gonzalez, Jr., ASA, to lead our CEO search committee with the assistance of Association Strategies, Inc. (ASI), the executive search firm that brought us Johnnie in 2019. The search committee includes a diverse group of ASA member leaders, a member of ASA’s staff, and an external leader from a related valuation professional organization.

The search committee will be working with ASI on a global search process similar to that used in 2019. They will collect information from our members and other stakeholders on important characteristics and skills necessary for a successful ASA CEO and use that information to market and recruit potential candidates. The search committee will screen candidates, conduct interviews, and identify the top finalists. Those finalists will be interviewed by our Board of Governors, who will make the final hiring decision.

An effective search process is expected to take a few months. We are fortunate that ASI already understands ASA’s unique organization and structure, which will help streamline the process. I hope that we will be able to hire a new CEO by May.

Board of Governors Strategic Working Groups

The Board of Governors is also addressing several strategic issues this year. Working groups have been formed to look at three areas, chapters, disciplines, and the responsibilities of ASA’s governor

Our Chapters Working Group is led by Region Governor Theresa Zeidler, ASA, and includes other governors and advisors from our chapters. The working group is charged with conducting research and outreach on chapter structures in other organizations, reviewing ASA’s current vision and strategic purpose of our chapters and how they interact with our members, the support our chapters receive from headquarters, and other related issues.

The Disciplines Working Group is led by Appraisal Review & Management Discipline Governor Jack Young, ASA, and includes other governors and representatives of each of our discipline committees. This working group is assessing ASA’s discipline system, ASA’s value proposition compared to single-discipline organizations, the strengths of each discipline, the types of support that each discipline needs, and other associated issues.

Our Governor Roles Working Group is led by Region Governor Sandra Tropper, ASA, and includes other governors and advisors from both chapters and discipline committees. The working group is reviewing the expectations, roles, and responsibilities of our region and discipline governors with the goal of developing reasonable expectations to allow governors to support their roles in our policy governance system.

All three groups are expected to provide recommendations to the Board of Governors on any potential changes and areas of opportunity. These types of strategic working groups allow the Board of Governors to focus on specific strategic areas while continuing its normal governance work and monitoring of ASA.

I appreciate the commitment of our member leaders to strengthening ASA and the commitment of our members to upholding the highest standards in our profession.

Thank you for your continued support of ASA.

Best regards,

Garrett Schwartz

ASA International President
president@appraisers.org

Looking for past Message from the International President updates? Visit ASA’s online newsroom here.

Share

The Rising Demand for Qualified Appraisers in the Evolving Machinery and Equipment Market

A person in a safety vest and hardhat holding a tablet

Description automatically generated

By: Bharat Kanodia, ASA, Senior Managing Director, Suncorp Valuations

The machinery and equipment market is undergoing rapid transformation fueled by technological advancements, changing consumer preferences, and global economic shifts. As industries strive to stay competitive and embrace innovation, the need for accurate and reliable machinery and equipment appraisal has never been more crucial. This growing demand has created a unique opportunity for qualified appraisers to play a pivotal role in assessing the value of these assets. In this article, I will explore the trends driving this demand and where aspiring appraisers can find exciting job opportunities.

Technological Advancements

The machinery and equipment market is witnessing a surge in technological innovations. From smart manufacturing tools to advanced robotics, companies are investing heavily in cutting-edge equipment to improve efficiency and productivity. As these technologies become more sophisticated, the need for appraisers who understand their value and functionality becomes paramount. Appraisers must possess the knowledge and expertise to accurately assess the worth of these advanced assets.

Globalization and Market Dynamics

Globalization has led to increased cross-border transactions and collaborations, impacting the machinery and equipment market. As businesses expand internationally, the demand for qualified appraisers with a deep understanding of global market dynamics has risen. Appraisers must be adept at assessing the value of machinery and equipment in different economic contexts, taking into account regional variations and market trends.

Sustainability and Environmental Considerations

With a growing emphasis on sustainability and environmental responsibility, industries are increasingly investing in eco-friendly machinery and equipment. Appraisers must be well-versed in evaluating the environmental impact of assets, including their energy efficiency, carbon footprint, and compliance with regulatory standards. This trend highlights the need for appraisers who can provide comprehensive assessments that go beyond traditional valuation metrics.

Data Analytics and Artificial Intelligence

The integration of data analytics and artificial intelligence (AI) in the machinery and equipment sector is reshaping the appraisal process. Appraisers must leverage these technologies to analyze vast amounts of data and derive valuable insights. The ability to interpret data trends and understand how AI impacts the valuation of assets is becoming a critical skill for appraisers in this evolving landscape.

Industry-Specific Expertise

As machinery and equipment become more specialized across various industries, appraisers with niche expertise are in high demand. Whether it’s healthcare, manufacturing, agriculture, or logistics, appraisers need to understand the unique challenges and opportunities within specific sectors. Industry-specific knowledge ensures a more accurate and tailored appraisal, contributing to better decision-making for businesses.

Where to Find Jobs?

For those seeking a career as a qualified machinery and equipment appraiser, various avenues offer promising job opportunities:

  1. Professional Appraisal Organizations: Organizations such as the ASA provide resources and job listings for aspiring appraisers.
  2. Online Job Platforms: Websites like LinkedIn, Indeed, and Glassdoor feature job postings for machinery and equipment appraisers. Regularly checking these platforms can help applicants stay updated on the latest opportunities.
  3. Appraisal Firms: Specialized appraisal firms like Suncorp Valuations often have openings for qualified professionals. Research and reach out to firms that focus on machinery and equipment valuation.
  4. Networking Events and Conferences: Attending industry-specific events and conferences like ASA’s International Conference or Equipment Valuation Conference provides an excellent opportunity to network with professionals in the field and discover potential job openings.
  5. Government Agencies: Government agencies involved in economic development, trade, and taxation may also hire machinery and equipment appraisers to assess assets for regulatory compliance.

Conclusion

The machinery and equipment market’s evolution is creating a surge in demand for qualified appraisers who can navigate the complexities of this dynamic landscape. Aspiring appraisers should focus on acquiring industry-specific knowledge, technological skills, and a global perspective to thrive in this burgeoning field. Job opportunities can be found through professional organizations, online platforms, specialized firms, and networking events, offering a multitude of paths for individuals looking to embark on a rewarding career in machinery and equipment appraisal. Already a qualified professional and exploring job opportunities? I’d love to touch base with you about new openings at our firm.

About the Author

A person in a red suit

Description automatically generated

Bharat Kanodia, ASA, is Senior Managing Director at Suncorp Valuations. Bharat joined Suncorp as the Senior Managing Director in the United States in January 2023. He has a Bachelor of Science in Mechanical Engineering and a Masters of Business Administration in International Business. Bharat holds both the ASA and the CVA designations. He has many years of experience in Valuation, M&A advisory and leading teams in a global environment. Bharat can be reached direct at +1 415-423-4300 or Bharat.Kanodia@suncorpvaluations.com

Share