Premier Auctioneers International offers a full service
appraisal department specializing in personal property appraisals on a
wide array of machinery and equipment for the oilfield and construction
industry. Our Appraisal Manager, Guinn Henderson, has over 20 years of
experience.
We have provided appraisal services throughout North and South America for our clients for a variety of purposes
that are accepted by financial and legal entities throughout our areas of operations.
Our appraisals are prepared in accordance with the principles and procedures for
the evaluation and valuation of personal property as prescribed by the Uniform
Standards of Professional Appraisal Practice (USPAP).
Through our expertise and large database of sales comparables, Premier Auctioneers
assures you an accurate and comprehensive valuation of your assets. To request
an appraisal, please contact us at (210) 375-8470 or appraisals@premierauctioneers.com.
Financing - for upgrading, expansion, establishing loan collateralization.
Mergers and Acquisitions - market changes, economies of scale, unforeseen opportunities.
Estate Planning and Taxes - advance planning, taking advantage of changes in tax laws. Estate tax valuation upon death of owner or partner.
Partnership Agreements, Dissolutions - meeting requirements of limited partnership agreements, unbiased reports for equitable distribution of assets and internal sales.
Provide an Accurate Listing of Assets - for periodic verification of actual physical assets vs. accounting "book value" lists.
Divorce or Bankruptcy - disinterested third-party reports, unbiased value opinions.
Insurance Purposes - to establish insurable value.
Liquidation Valuation - to estimate value prior to a liquidation.
Oilfield equipment - servicing, drilling and production machinery and equipment - drilling rigs and all related equipment, well servicing rigs and all related equipment, surface production equipment, oil field rental tools and equipment, completion equipment.
Construction equipment - earth-moving machines, road building and maintenance, boring machines, pipeline equipment, forestry and agricultural.
Vehicles - all types of trucks, trailers, pickups and automobiles.
Machine tools and machine shop equipment - metalworking machines such as lathes, mills, drills, general shop tools.
Furniture, fixtures and equipment - office desks, chairs, filing cabinets, computers, etc.
Fair Market Value - The estimated amount expressed in terms of money that may reasonably be expected for property in exchange between a willing buyer and a willing seller with equity to both, neither under any compulsion to buy or sell, both fully aware of all relevant facts.
Fair Market Value, Removal - The estimated amount expressed in terms of money that may reasonably be expected for property in exchange between a willing buyer and a willing seller with equity to both, neither under any compulsion to buy or sell, both fully aware of all relevant facts, considering removal of the property to another location.
Orderly Liquidation Value - The estimated gross amount in terms of money that could be typically realized from a sale, given a reasonable period of time to find a purchaser, with the seller compelled to sell on an as-is, where-is basis.
Forced Liquidation Value - The estimated gross amount expressed in terms of money which could be typically realized from a properly advertised and conducted public sale with the seller being compelled to sell with a sense of immediacy on an as is-where-is basis.
Forced Liquidation (Auction) Value Concept - The estimated gross amount expressed in terms of U.S. dollars which could typically be realized at a properly advertised and conducted public auction sale without reserve, held under forced sale conditions and under present day economic trends, within 90 days of sale appraisal report.
Conclusions consider physical location, difficulty of removal, adaptability, specialization, marketability, physical condition, overall appearance and psychological appeal. Further, the ability of the assets as a grouping to draw sufficient prospective buyers to insure competitive offers is considered. All assets are to be sold on a piecemeal basis "as is" with purchasers responsible for removal of assets at their own risk and expense. Any deletions or additions to the total package could change the psychological and/or monetary appeal necessary to gain the price indicated.
Replacement Cost New - The current cost of a similar new item having the nearest equivalent utility as the item being appraised.
We subscribe to and observe the stated rules of ethics and professional conduct standards of the
ISA (International Society of Appraisers) and ASA (American Society of Appraisers) as well as the
Appraisal Foundation's Uniform Standards of Appraisal Practice (USPAP). All of these provide guidelines
for appraisers regarding their conduct with their clients as well as third parties and the general public.
