The Association of Machinery and Equipment Appraisers (AMEA) is a nonprofit professional association that accredits and certifies appraisers of machinery and equipment. Accredited appraisers must have a minimum of five years of buying, selling and appraising experience; certified appraisers must have at least seven. Members also must be employed by a company that is a member of the Machinery Dealers National Association.
Established in 1983, the association has nearly 300 members around the world. The foundations of AMEA are its Code of Ethics and Standards and Procedures of Professional Appraisal Practice. The Standards and Procedures of Professional Appraisal Practice conform to the Uniform Standards and Procedures of Professional Appraisal Practice, established by The Appraisal Foundation.
Why Hire an AMEA Appraiser?
An AMEA appraiser has...
- years of buying and selling in the same marketplace as he or she is appraising. This knowledge provides a better perspective to generate a quality evaluation, and afford the extra insight to provide accurate numbers.
- undergone extensive testing, and keeps up-to-date by regularly attending required seminars. AMEA appraisers learn from noted professional equipment specialists, not only what values can be expected, but also what to look for in terms of conditions, accessories, tooling and other value characteristics.
- appraisals regularly reviewed by a committee of peers to be sure they meet the required standards and procedures, and has a network of specialists in every industrial environment.