Appraisal & Valuation Process
To determine collateral value? Insurance protection? Buy/Sell agreement? Estate planning? Have assets to sell?
Appraisals are needed because your situation requires accurate information necessary to make informed judgments.
An appraisal is the process of developing an opinion of value for assets at a specific point in time.
Clients seeking appraisal services are therefore paying for an opinion of value. Are all options or the appraisers that provide them the same?
If you engage three different appraisers, you will most likely have three different opinions of value. Which one is correct? Which one is truest? Which one reflects today's reality? Which one can you rely on?
Who is most qualified to express an opinion of value - an appraiser with ten years of experience, multiple certifications, multiple disciplines, and an MBA degree, or an appraiser, who makes a living risking his capital buying and selling those same assets on a daily basis? Does the trader have an advantage because he deals with the actual buyer or user of the asset? The user defines what an asset is worth by what a buyer will pay for it.
Premier offers you both in one.
Premier's managing director has been buying and selling equipment for over twenty-five years and has personally sold over fifty million dollars of machinery and equipment. He holds the highest certification from the Association of Machinery and Equipment Appraisers and is USPAP (Uniform Standards of Professional Appraisal Practice) compliant. He also holds a Bachelor of Arts degree from the Economics Department of Brown University, Providence, Rhode Island.
It would be difficult to name an industry that we have not served, nor an asset category we have not appraised. Our experience is broad and deep, particularly in the following areas:
GLENN R. GRAY, CERTIFIED APPRAISER
- Association of Machinery & Equipment Appraisers (AMEA)
- Alexandria, Virginia
- Certified Appraiser, 1994–2009
- Uniform Standards of Professional Appraisal Practices (USPAP)
- Completed October 2002
Bachelor of Arts Degree from the Economics Department of Brown University, 1979
Employed full-time by Gray Machinery Company in 1981
President of Gray Machinery Company, 1984 - Present
Managing Director of Premier Asset Recovery Group, LLC, 2000–2009
Gray Machinery Company is a full-service used Machine Tool Dealer. Established in 1966 by Ronald M. Gray, Gray Machinery currently maintains two locations with 70,000 sq. ft of warehouse space and over 500 used machine tools in stock. Gray Machinery has been involved in all aspects of the machinery business; buying, selling, leasing, appraising, conducting liquidations, and auctions of closed facilities. Gray Machinery Company has directly participated in the liquidation and/or auction of over 150 firms including such companies as: Midway Airlines, Amoco, Textron, Excello, Amca International, Heideleberg, I.T.T., Corning, Parker Hannifin, Giddings & Lewis, Etc.
One of Mr. Gray's daily functions at Gray Machinery involves the evaluation of machinery and equipment for buying & selling. Selling used machinery represents approximately 90 % of Gray Machinery's revenue. Gray Machinery Company employs 15 highly skilled individuals. Gray Machinery is a member of the Association of European Machine Tool Merchants.
Mr. Gray was a member of the board of Directors of the Machinery Dealers National Association from 1986 to 1988.
- Expert Testimony - (2) Wisconsin cases
Premier Asset Recovery Group, LLC Offers You the Three Most Important Attributes You Can Have in a Retail Inventory Appraisal.
1. Experience
Year after year, Premier Asset Recovery Group, LLC leads in retail appraisals. We serve lenders, equity sponsors, and retailers with reliable, market-tested valuations, timely report delivery, and one-on-one briefings on our valuations and exit strategy options.
2. Validation Through Asset Disposition Capabilities
Premier Asset Recovery Group, LLC world leader in asset disposition services retail inventory, FF&E, scrip file, and IP values. Our asset disposition capabilities support the quality of our appraisals. We understand the market and, on a daily basis, are called upon to derive maximum value for retail inventory. Premier Asset Recovery Group, LLC asset disposition professionals routinely provide peer reviews on all inventory appraisals to verify value opinions.
3. Financial Strength
Should a problem arise, Premier Asset Recovery Group, LLC has more than $350,000,000 of our own risk capital available to back a disposition with guarantees and up-front cash payments. We can also acquire retail assets outright, often providing an up-side sharing arrangement on recoveries beyond an agreed-upon threshold. Look to Premier Asset Recovery Group, LLC Appraisal Services for all your retail appraisal requirements. Count on the Premier Asset Recovery Group, LLC retail appraisal team for reliable valuations and quick turnaround. You'll find personalized involvement by our retail inventory experts at every stage in the appraisal development and delivery process.
Year after year, Premier Asset Recovery Group, LLC leads in retail appraisals. We serve lenders, equity sponsors and retailers with reliable, market-tested valuations, timely report delivery, and one-on-one briefings on our valuations and exit strategy options.
Premier Asset Recovery Group, LLC—a world leader in asset disposition services—knows retail inventory values. Our asset disposition capabilities support the quality of our appraisals. We understand the market and, daily, are called upon to derive maximum value for retail inventory. Premier Asset Recovery Group, LLC asset disposition professionals routinely provide peer reviews on all inventory appraisals to verify value opinions.
Should a problem arise, Premier Asset Recovery Group, LLC has nearly $1 billion of risk capital available to back a disposition with guarantees and up-front cash payments. We can also acquire inventories outright, often providing an up-side sharing arrangement on recoveries beyond an agreed-upon threshold.
Look to Premier Asset Recovery Group, LLC Appraisal Services for all your retail appraisal requirements. Count on the Premier Asset Recovery Group, LLC retail appraisal team for reliable valuations and quick turnaround. You’ll find personalized involvement by our retail experts at every stage in the appraisal development and delivery process.
Premier Asset Recovery Group, LLC Appraisal Services brings deep and rich experience to retail inventory appraisals. Our appraisal team includes Stephen Stabiner and Glenn R. Gray, along with other appraisers and a solid team of highly qualified retail appraisers, analysts, and writers. They have created a "best practices" standard covering the appraisal process as well as the preparation of the finished report that has set a new industry quality benchmark for retail appraisals.
An Appraisal Team Built On a Strong Disposition Platform and Real World Information
The retail team is supported by the retail asset disposition experts at Premier Asset Recovery Group, LLC's "real world" perspective to every valuation. They have developed most of today's most innovative retail asset disposition practices, and have planned and executed hundreds of retail and FF&E dispositions. Premier Asset Recovery Group, LLC Appraisal Services, and Premier Asset Recovery Group, LLC Merchant Resources have integrated their information-gathering and reporting systems to create the world's largest, most current retail inventory valuation database. Premier Asset Recovery Group, LLC's "Added Value" promise to retail inventory appraisal customers:
1. Reliable gross inventory and net liquidation values
Based in part on the recent disposition experiences of Premier Asset Recovery Group, LLC, Merchant Resources.
2. User-defined appraisal reports
Based upon a clear understanding of each client's specific needs.
3. Delivery to your requested date
We understand the importance of meeting the client's time constraints.
4. Flawless execution and reliable communications
Rest assured that communications, process execution, and quality control will be properly managed. Also, know that our experts are available to provide valuable insights and perspectives into your appraisal. We'll help you get behind the numbers and make better business decisions.