Why Choose Us
Sometimes important business decisions rely on the value of tangible property. That's why it’s imperative to know the qualifications of the machinery and your equipment appraiser. You should make sure your appraiser has an accreditation in Machinery & Technical Specialties from a reliable organization.
Jonah Lalonde is an Accredited Senior Appraiser with a Machinery & Technical Specialty (M&TS) and has received his credentials from the American Society of Appraisers – the highest rated accreditation organization for machinery and equipment appraisers.
The American Society of Appraisers, ASA, minimum requirements include.
Experience - minimum of 5 years of full-time appraisal experienceEducation - 4 year college degreeBackground check – verifying experience, education, financial and integrityReport writing proficiency – demonstrated ability to adhere to the standards of USPAP (Uniform Standards of Professional Appraisal Practice), as well as, the American Society of Appraisers’ code of ethicsEducated and tested in appraisal theory – completed a minimum of 4 Principles of Valuations courses, USPAP course, and ongoing continuing education courses.Re-accredited every 5 years – completed a USPAP course and earned a minimum of 100 credit hours (minimum of 40 in continuing education) every 5 years
In contrast to other tangible property appraisal organizations, the American Society of Appraisers requires membership candidates not only take several courses in the discipline, but also pass stringent examinations at the conclusion of these courses.
M&TS ASAs have a 4-year degree (or equivalent) and at least 5 years of full-time experience appraising tangible personal property (i.e. machinery and equipment). The American Society of Appraisers also conducts extensive background checks including education, credit checks, and criminal history, as well as professional references. Candidates must also submit a USPAP-compliant machinery and equipment appraisal report to be approved by the American Society of Appraiser’s review committee, proving that the candidate can demonstrate the required skills and knowledge. Because of these high accreditation standards, ASAs are competent in performing appraisals and often qualify as expert witnesses.
Even after being designated, ASAs must maintain their accreditation status by renewing every 5 years by earning 100 hours of continued education and participation credits. M&TS ASAs are required to take a USPAP course every 5 years and are required to comply with USPAP and ASA ethics on every appraisal assignment.