President of Machinery & Equipment Services Group in Houston TX, serving commercial lenders, trustees and fleet owners with any needs relating to machinery & equipment. Asset specialties include construction, transportation, oil & gas (mid & upstream), lifting & material handling, mining, agriculture and others. More specifically, Machinery & Equipment Services provide certified appraisals, asset recovery, relocation & storage, refurbishment & remarketing services. Nick has over 30 years in construction & transportation assets, 25 of which were with Ritchie Bros. Auctioneers as their first representative living in Houston. His background also includes 8 years with the Houston Caterpillar dealer as well and one of their largest customers.
Heavy Equipment Valuation Techniques – Heavy equipment is found in different industries including construction, oil field, trucks/trailers, and agriculture. Learn valuation techniques which will help the machinery and equipment appraiser work more efficiently while providing more accurate results. Being able to understand what are key-value indicators will vary depending upon the industry and understanding what “must” be viewed will be a large portion of this workshop. Safety is also key for an appraiser to keep in mind and this presentation will explain how to work efficiently and safely when completing a site visit.